Examples of Percentage Rent in a sentence
Upon the Term Commencement Date, Percentage Rent for Interim Concession Locations shall be adjusted based upon Total Annual Cumulative Gross Receipts pursuant to Exhibit G.
At all times while Gross Receipts are being generated from the Leased Premises, Tenant shall calculate Percentage Rent each calendar month, in accordance with the applicable Percentage Rent Rate(s) as set forth in the Exhibit G, in a form acceptable to the County.
Tenant agrees for each Accounting Year to pay the greater of a) Base Rent or b) Percentage Rent, as Concession Space Rent payable monthly in arrears, on or before the fifteenth (15) day of each calendar month without prior demand or notice.
Percentage Rent shall commence upon the DBO for each Concession within the Leased Premises.
Interim Concession Locations: Tenant shall pay Percentage Rent for each Concession within the Leased Premises, including Interim Concession Locations, pursuant to Exhibit G.