Second Rent definition

Second Rent means the second rent reserved by this Lease at the rate from time to time payable under clause 2.2;
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Second Rent means the rent reserved by clause 2.2 of the Leases;
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Second Rent means the second rent reserved by this Lease at the rate from time to time payable under clause 2.2; “Second Termination Date” means 15 November 2024;
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Examples of Second Rent in a sentence

  • Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $176,259.39 (i.e., which consists of the sum of $118,434.49 on account of the First Rent Abatement and $57,825.00 on account of the Second Rent Abatement).

  • Within twenty working days following termination of the Lease pursuant to this clause 7, the Landlord shall reimburse to the Tenant any Principal Rent, Second Rent, [Third Rent,] Service Charge or Insurance Rent paid in advance by the Tenant in respect of the period after (but excluding) the relevant Termination Date.

  • The First Rent Abatement Trigger Date, the Second Rent Abatement Trigger Date and the Termination Trigger Date, as applicable, shall be extended 1 day for each day of Unavoidable Delays and/or delays caused by the acts or omissions of Tenant.

  • Tenant hereby acknowledges and agrees the First Rent Credit Date and the Second Rent Credit Date shall both be extended on a day-for-day basis by the period commencing on June 30, 2017 and continuing until the date upon which this Lease is executed by Tenant and delivered to Landlord.

  • Otherwise, the Fixed Rent for the Initial Expansion Space shall be $[****] per Qualified RSF for the First Rent Period, $[****] per Qualified RSF for the Second Rent Period, $[****] per Qualified RSF for the Third Rent Period and $[****] per Qualified RSF for the Fourth Rent Period.

  • Upon the Commencement Date, the Second Rent Deposit will be transferred to the Landlord, and held by the Landlord without interest, and applied to the third months’ Basic Rent and Additional Rent due under this Lease.

  • Calculated in the same fashion as for the Existing Premises under subclause (iii) of the definition of Annual Fixed Rental Rate in Section 1.1 of the Existing Lease, except that only the Annual Fixed Rental Rate for the Expansion Premises shall be used in such calculation, and the first day after the Second Rent Period will be January 1, 2009.

  • First Rent Commencement Date" and "Second Rent Commencement Date" shall each be replaced with reference to the "Rent Commencement Date" and this date will be the date of the Additional Lease.

  • The Tenant, with the written consent of Landlord may delay the Second Rent Commencement Date.

  • Landlord and Tenant acknowledge that the aggregate amount of the Rent Abatement equals $1,435,345.50 (i.e., comprised of an aggregate of (A) $794,095.50 for the First Rent Abatement, and (B) $641,250.00 for the Second Rent Abatement).

Related to Second Rent

  • Additional Rents 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 ▇▇▇▇▇▇’▇ wages or otherwise.

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

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

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

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