Rental Liability definition

Rental Liability means a sum equal to the rent from time to time payable under the Lease or (if higher) the Landlord's reasonable estimate of the anticipated rent payable under the Lease following any rent review outstanding during the Years of Account
Rental Liability the Rent firstly reserved by this Lease as at the date of the application for consent to assign or underlet (as the case may be) “Rent Commencement Date” 18 November 2011 “the Rents” the sums referred to in clause 3.1 “the Review Dates” the fifth anniversary of the date of commencement of the Term “the Schedule of Condition” the schedule prepared by G▇▇ ▇▇▇▇▇▇▇ dated 22 July 2010 and which is annexed at Annexure 1

Examples of Rental Liability in a sentence

  • The “Insured” may cancel this “Supplemental Rental Liability Insurance” at any time and any unearned premium will be refunded in accordance with applicable law.

  • Business classified by the Company as Primary Rental Liability and Supplemental Liability.

  • Business classified by the Company as Primary Rental Liability, Supplemental Liability, Residual Value or GAAP Liability.

  • Bike Rental Liability Waiver BeachService-100 The Rental Agreement is for your information is NOT required to be filled out or completed in any manner.

  • Initial: Terms & Conditions Initial: Rental Liability Waiver Initial: I hereby agree that by renting this Kayak and/or additional gear or equipment from TrailWalker Gear LLC d/b/a TrailWalker Gear Outfitters I accept liability for any damages or injury that may occur while using any of the equipment regardless of its condition rented from TrailWalker Gear LLC.

  • Rental Liability Management Holdings, LLC Rental Liability Management, Inc.

  • If proof is not provided that you are covered with Rental Liability insurance in the amount of $100,000 Personal liability and $50,000 property damage, you will be enrolled our Liability to Landlord Insurance Program (see Addendum: Required Insurance, for details) and charged $9.50 + $3.00 admin fee each month until you provide us with proof of coverage.

  • Before the exhaustion or payments of the Commercial Rental Liability Limit we may request an “insured” to incur attorney fees, court costs or other expenses in the investigation or defense of claims, suits or other legal proceedings.

  • Accounts Payable $ 700,381 Rental Liability 5,602 Accrued Interest 3,643 Total Other Assets $ 709,626 The related party payable as of May 31, 2012 consists of unpaid compensation and non-interest bearing cash advances and charges on personal credit lines made on behalf of the Company by the Company’s Chief Executive Officer and Chief Operating Officer.

  • Tenant(s) is required to obtain Rental Liability insurance in the amount of $300,000 public liability and $50,000 property damage from whatever cause to his person or property and to the person or property of those on the Alterations and Improvements.

Related to Rental Liability

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Environmental Liabilities means all liabilities, monetary obligations, losses, damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand, or Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action.

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of ▇▇▇▇▇▇▇ Retained Business.

  • Lender’s Environmental Liability means any and all losses, liabilities, obligations, penalties, claims, litigation, demands, defenses, costs, judgments, suits, proceedings, damages (including consequential damages), disbursements or expenses of any kind or nature whatsoever (including reasonable attorneys’ fees at trial and appellate levels and experts’ fees and disbursements and expenses incurred in investigating, defending against or prosecuting any litigation, claim or proceeding) which may at any time be imposed upon, incurred by or asserted or awarded against the Administrative Agent, any Lender or any Issuer or any of such Person’s Affiliates, shareholders, directors, officers, employees, and agents in connection with or arising from:

  • Assumed Environmental Liabilities has the meaning specified in Section 7.4.