Reasonable Rental Value definition

Reasonable Rental Value is the amount of rent Landlord can obtain for the remaining balance of the Term.

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Reasonable Rental Value means an amount not more than the rental value of machinery of like capacity and age as determined by the director of the University of Minnesota Extension Service and is limited to the tachometer time during which or the acreage for which the machinery is used during the mediation period.

Reasonable Rental Value means the reasonable rental value for the use of the tangible personal property, determined as nearly as possible according to the value of such use at the places of use of similar property of a like quality and character.

Examples of Reasonable Rental Value in a sentence

Alternatively, if this Lease is terminated, Landlord at its option may recover forthwith against Tenant as damages for loss of the bargain and not as a penalty an amount equal to the worth at the time of termination of the excess, if any, of the Rent reserved in this Lease for the balance of the Term over the then Reasonable Rental Value of the Premises for the same period plus all Reletting Expenses.
It is agreed that the "Reasonable Rental Value" shall be the amount of rental which Landlord can obtain as rent for the remaining balance of the term.
Recovery of Rent for Balance of Term Less Reasonable Rental Value.
It is agreed that the " Reasonable Rental Value" shall be the amount of rental which Landlord can obtain as Rent for the remaining balance of the Term.
Alternatively, if this Lease is terminated, Landlord at its option may recover immediately from Tenant as damages for loss of the bargain and not as a penalty an amount equal to the worth at the time of termination of the excess, if any, of the Rent payable under this Lease for the balance of the Lease Term over the then Reasonable Rental Value of the Premises for the same period.
It is agreed that the Reasonable Rental Value" shall be the amount of rental which Landlord can obtain as rent for the remaining balance of the term.
Purchaser shall reimburse Sellers for the Reasonable Rental Value of the Warehouse Leases for the respective access periods specified on Schedule 5.7 beginning on the Closing Date, and shall indemnify and hold harmless Sellers for any damages, losses, liabilities, costs or expenses arising out of or resulting from Purchaser's entry upon or use of the premises underlying the Warehouse and Office Leases or from any cooperation of Sellers requested by Purchaser in connection therewith.
The Sub-Adviser shall exercise these voting rights unless and until the Adviser revokes this delegation.
Alternatively, if this Lease is terminated, Landlord at its option may recover immediately from Tenant as damages for loss of the bargain and not as a penalty an amount equal to the worth at the time of termination of the excess, if any, of the Rent payable under this Lease for the balance of the Lease Term over the then Reasonable Rental Value of the Premises for the same period, reduced to present value at a discount rate of 6%.
It is agreed that the "Reasonable Rental Value" shall be the amount of rental which Landlord can obtain as rent for the remaining balance of the then existing Term to a third party, taking into account any rent concessions, credits, and other allowances available to third party tenants of similar properties similarly located.

More Definitions of Reasonable Rental Value

Reasonable Rental Value means the bona fide amount of rent which would reasonably be paid in an arm’s length transaction for the use of the specific individual retail outlet, including land and improvements, utilized for the sale of motor fuel. The value of the land and improvements shall include the costs of equipment; signage; utilities, property taxes, and insurance, if paid by the owner; and environmental compliance, such as testing, detection, and containment systems; but does not include the costs of environmental cleanup and remediation. In determining the reasonable rental value of the specific retail outlet, the rental amount of comparable retail outlets in the relevant geographic market shall be considered. When motor fuel is sold at the retail level along with other products, the reasonable rental value attributable to the sale of motor fuel at the retail outlet shall be allocated by the percentage of gross sales attributable to motor fuel sales.

Reasonable Rental Value means the amount for each Warehouse and Office Lease set forth on Schedule 5.7.

Reasonable Rental Value. As defined in subparagraph 43(b)

Reasonable Rental Value means the price that a person would pay in an arm' s