Sublease Fee definition

Sublease Fee means the fee amount set forth in Part VII of Schedule B hereof.
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Sublease Fee means the rental, license, or similar payments actually received by Lessee from each Subtenant (excluding any reimbursement of taxes, construction costs, installation costs, revenue share reimbursement, or other expenses incurred by Lessee), excluding the Anchor Subtenant. For the avoidance of doubt, in no event shall the term “Sublease Fee” include any rental, license, or similar payments received by Lessee from the Anchor Subtenant.
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Sublease Fee shall have the meaning set forth in Section 32(j)(i)(B).
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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.


More Definitions of Sublease Fee

Sublease Fee means the fee payable by the Sublessee to KMIC for the sublease of the Subject Lot hereunder, and this “Sublease Fee” will, where the context so requires, also mean any sublease fee to be determined by KMIC in Clause 3.3.
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Related to Sublease Fee

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

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

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Base Rent As defined in Section 3.1.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

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

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

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

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.