Upfront Rent definition
Upfront Rent means the Fee calculated in accordance with Item 9B (Upfront Rent) of the Lease and Management Agreement, which is payable to the Responsible Entity pursuant to the Lease and Management Agreement.
Examples of Upfront Rent in a sentence
Upfront Rent means a sum equivalent to three (3) months Rental and payable upon placement of order.
Ground Lease Payments Initial Upfront Rent Payment Equal to $100,000; $10,000 annual rent through end of 15-year compliance period, with 3% annual inflation adjustment.