Nominal Rent definition

Nominal Rent means the Base Rent figure stated in any lease agreement for premises in the Building, applicable to any period for which the Tenant thereunder does not pay such Base Rent to PREA.
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Nominal Rent shall have the meaning ascribed thereto in Section 2.04 (b).
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Nominal Rent. 4 (ac) "Non-Monetary Default" 5 (ad) "Option Agreement" 5 (ae) "Permitted Assignee" 5 (af) "Project" 5 (ag) "Project Improvements" 5 (ah) "Project Mortgage" 5 (ai) "Project Mortgagee" 5
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Examples of Nominal Rent in a sentence

  • Nominal Rent" means the Base Rent figure stated in any lease agreement for premises in the Building, applicable to any period for which the Tenant thereunder does not pay such Base Rent to PREA.

  • Long-Term Ground Lease of the Stadium Site to the 49ers at Nominal Rent.

  • For the second (2nd) Lease Year, the Nominal Rent shall be equal to the product of (A) the actual annual Rent for the first (1st) Lease Year multiplied by (B) a percentage equal to 100% plus the applicable CPI percentage increase, if any, or minus the applicable CPI percentage decrease, if any, in either case determined in accordance with Section 2.04(b)(iii) hereof.

Related to Nominal Rent

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Basic Rent means the rent payable for the Aircraft pursuant to Section 3.2.1(a) of the Lease.

  • Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.