Normal Rent definition

Normal Rent means the "normal rent" for the purposes of Schedule 12 to the Finance Xxx 0000 in respect of the leasing of the Ship under this Lease;
Normal Rent means, in respect of any Accounting Period of the Lessor, the aggregate of: (a) the amount payable by PPC by way of Rent and expressed in this Financial Schedule to be in respect of any period failing in that Accounting Period determined by the Lessor on a daily accruals basis for the period in respect of which it is due PROVIDED THAT where a Termination Payment Date occurs, Rent received in advance but unaccrued at that date on that basis shall be accrued in the Accounting Period of the Lessor in which that date occurs; and (b) any Termination Payment payable by PPC in that Accounting Period; "Notional Accounts" means the accounts produced from time to time by the Lessor on a basis consistent with the Initial Notional Accounts and in accordance with Accounting Practice and the Assumptions (as the same may be varied from time to time) and the Principles for the purpose of determining the quantum and timing of payments of tax to be taken into account in calculating the amount of the Rent or Termination Rent; "Original Cashflow Report" means the Cashflow Report produced pursuant to paragraph 4.1 and which has become effective pursuant to paragraph 4.12; "PLA Costs" means the rate from which the cost from time to time of the "prime liquid assets" of the Bank is calculated in accordance with Annex A to this Financial Schedule; "Rent" means each Rent payable or paid by PPC pursuant to Clause 7 and paragraph 2.1 and, save where the context otherwise requires, as adjusted from time to time pursuant to the Financial Schedule and each other sum paid or payable by PPC expressed to be Rent in this Financial Schedule; "Principles" means the principles described in paragraph 3.2; "Profit and Loss Account" means the profit and loss account comprised in the Notional Accounts; "Quarter Date" means each 14 January, 14 April, 14 July and 14 October falling after the Commencement Date; "Relevant Risk Asset Weighting" means the Bank Risk Asset Weighting or, as the case may be, the Strip Risk Asset Weighting (as appropriate); "Relevant Return Rate" means the Bank Risk Return Rate or, as the case may be, the Strip Risk Return Rate (as appropriate);
Normal Rent means the charges described in Section 2(a).

Examples of Normal Rent in a sentence

  • Normal Rent CommodityNormal Rent Rate per tonne per day (Rs.)(a).

  • After expiry of Grace period, employee will be charged Penal Rent at three times of the Normal Rent.

  • Normal Rent of $ 9.95 per square metre per month on the Area, in the event that the said aggregate floor area occupied is at any time reduced to below 5,000 square metres (when the discount shall be totally withdrawn) with effect from the date of reduction in the said aggregate floor area, (“Building Rent1”) to be paid without demand and in advance without deduction on the 1st day of each month of the year (i.e. 1st of January, February, March, etc.).

  • Normal rate of Site Unit No. Normal Rent per sqm per month 4551 #07-01/07 $11.30 4551A #07-R1 $11.30 4551 G #03-01/03 $12.40 in the event that the said aggregate floor area occupied is at any time reduced to below 1,000 square metre (when the discount shall be totally withdrawn) with effect from the date of reduction in the said aggregate floor, ("Rent" ) to be paid without demand and in advance without deduction on the 1st day of each month of the year (i.e. 1st of January, February, March, etc.).

  • Ph.D. - Upto Four Years - (8 Semesters Charges): Normal RentNext 6 months* (one semester) - Normal Rent (JRF/SRF & Non JRF)Next 6 months*(one semester) - Normal Rent (JRF/SRF) & Continuation Charges for Non JRF.

  • Ph.D. – Upto Four Years – (8 Semesters Charges): Normal Rent Next 6 months* (one semester) – Normal Rent (JRF/SRF & Non JRF)Next 6 months*(one semester) - Normal Rent (JRF/SRF) & Continuation Charges for Non JRF.


More Definitions of Normal Rent

Normal Rent has the meaning given to that expression in Schedule 12 to the Finance Acx 0000;
Normal Rent means the rent calculated at the rate of five percent of the monthly emoluments of the FGS;
Normal Rent means the rent equivalent to HRA being drawn by employee while serving in the university plus the license fee in proper AGP/GP;
Normal Rent means rent payable under paragraph 20 below.

Related to Normal Rent

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 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.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Additional Rent means all amounts, other than Basic Rent and any Security Deposit, required to be paid by the Tenant to the Landlord in accordance with this Agreement.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • 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.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Percentage Rent As defined in Subsection 3.1(b).