Examples of Sublease Fee in a sentence
A Sublease Fee equal to one-twelfth (1/12) of the annual Base Rent will be due from the Tenant that wishes to sublease.
If you lease the Premises from us: (a) a Security Deposit equal to three months’ Gross Rent will be paid to us by you; and (b) a Sublease Fee ranging from $500 to $2,500.
Storage tenants who have entered into a sublease license agreement with MAC and who sublease space within a hangar shall pay an applicable Sublease Fee, according to the terms set forth in MAC Ordinance No. 119 [Reliever Airports Rates and Charges].
Sublease Fee As a condition of approval of any sublease, the shareholder must pay to 370 Westchester Ave.
In case of the foregoing, on the Last Installment Due Date, the Sublessee shall pay to KMIC the difference between the Adjusted Sublease Fee and the Initial Sublease Fee actually paid by the Sublessee to KMIC prior to the Last Installment Due Date.
In the event that any amounts payable by the Sublessee (including the Sublease Fee) is not paid within seven (7) Business Days from the date on which such amount is due and payable, any unpaid amount shall bear (i) a default interest of [two (2)]% per month or (ii) the maximum interest rate permitted under Applicable Laws, whichever is greater (the “Default Interest”), which shall accrue from the date on which such amounts are due and payable until paid in full.
For avoidance of any doubt, assignment of this Agreement pursuant to Clause 11.1 shall not be considered as a breach by KMIC of the terms and conditions of this Agreement, and KMIC in any event shall have no obligation: To refund the Reservation Fee, the Sublease Fee and the Fees and Charges to the Sublessee; and To indemnify the Sublessee from any loss, damage, claim or liability incurred by the Sublessee due to the assignment pursuant to Clause 11.1.
Subject to Clause 4.3 below, the Sublessee shall pay the Initial Sublease Fee to KMIC in the installments of (i) the first installment in the amount equal to 10% of the Initial Sublease Fee (the “First Installment”) on the Commencement Date, and (ii) the balance of the Initial Sublease Fee in the installment of fifteen (15)% of the Initial Sublease Fee on every four (4) months of the Commencement Date until the total Initial Sublease Fee is paid in full (“Installment Schedule”).
If the Final Survey is completed at least [ten (10)] business days prior to the date on which the Last Installment is due and payable by the Sublessee under the Installment Schedule (“Last Installment Due Date”) and if the Survey Size is different from the Initial Size, then KMIC will provide a written notice to the Sublessee as to the Survey Size and the Adjusted Sublease Fee at least [five (5)] business days prior to the Last Installment Due Date.
Family CompositionSee Exhibit 2-1 to properly document and verify changes to family household members.