RENT FREE definition

RENT FREE. A rent free period of two (2) months from the 17th day PERIOD of November 2000 to the 26th day of January 2001 shall be given during which rent free period, the Tenant (a) shall not be required to pay rent; and (b) but shall be obliged to pay rates, Management Charges, Air-Conditioning Charges and other outgoings payable by the Tenant in manner hereinafter mentioned. THE SECOND SCHEDULE ABOVE REFERRED TO
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RENT FREE means free of any charges payable for usage of the facility or property whatsoever, including but not limited to: (i) any licensing or sublicensing fees or costs, (ii) service fees or costs for any and all Customary Services, and (iij) any pro rata fees, flat fees, common charges, taxes, surcharges or other standard fees or costs for the following: water, electricity or other power source, fuel, heating, cooling or HVAC systems, trash removal, or wired or wireless internet connectivity; provided, however, "Rent·Free" shall not :include or apply to any charges for catering and concession services, food, beverages (alcoholic or other), additional security beyond basic security, equipment rental or related or similar charges of any third party ·directly incurred by the Host Committee or the COA.”
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Examples of RENT FREE in a sentence

  • Rent per 12 month period: as listed follows plus applicable sales tax: Months of Term Monthly Rent Total Rent 02/02/02 - 07/31/02 FREE RENT FREE RENT 08/01/02 - 07/31/03 $ 7,650.00 $ 91,800.00 08/01/03 - 07/31/04 $ 7,918.00 $ 95,016.00 08/01/04 - 07/31/05 $ 8,194.00 $ 98,328.00 08/01/05 - 07/31/06 $ 8,483.00 $ 101,796.00 08/01/06 - 07/31/07 $ 8,780.00 $ 105,360.00 08/01/07 - 07/31/08 $ 9,087.00 $ 109,044.00 08/01/08 - 07/31/09 $ 9,405.00 $ 112,860.00 G.

  • SHOULD THE TENANT TAKE POSSESSION OF THE PREMISES PRIOR TO THE COMMENCEMENT DATE, HE SHALL BE ENTITLED TO HAVE THIS PERIOD OF TIME TOTALLY RENT FREE BUT SHALL BE RESPONSIBLE FOR ALL UTILITIES FROM THE DATE THAT HE ACTUALLY TAKES POSSESSION OF THE PREMISES.

  • Tenant agrees to pay the Landlord as rent for said premises for the full term aforesaid the total sum of $696,606.20 payable as follows: MONTHS ONE THROUGH FOUR ARE RENT FREE.

  • PER ANNUM MONTHLY Aug 1/07-Jun 30/11 $8.50 $9,758.00 $813.16 NET RENT FREE August 1/07 - April 30/08 PROPORTIONATE SHARE: 2% ESTIMATED T.M.I: $12.00 per sq.ft.

  • For a period of two (2) months from the Fit-Out Commencement Date the Lessee shall enjoy a rent free period of occupation of the Premises(the "RENT FREE PERIOD") for the purpose of establishing fit-outs in the Premises.

  • RENT FREE PERIOD: A period of thirty (30) days starting from the Execution Date shall be considered as a rent free period in order for the LESSEE and LESSOR to carry out the interior work and fit outs as mentioned in Clause 2.2 and Clause 7.1 and 7.2 respectively.

  • THIS LEASE IS A NET LEASE AND LESSEE SHALL PAY TO LESSOR ABSOLUTELY NET THROUGHOUT THE LEASE TERM AND ANY SUBSEQUENT APPLICABLE RENEWAL TERM(S), RENT AND ADDITIONAL RENT, FREE OF ANY CHARGES, ASSESSMENTS, IMPOSITIONS OR DEDUCTIONS OF ANY KIND, AND WITHOUT ABATEMENT, DEDUCTION, OR SET OFF.