Yearly Rent definition

Yearly Rent in respect of a mining lease, means the yearly rent that would have been payable under the Mineral Resources Act 1989 if the lease had been created on the date fixed by the chief executive pursuant to this Act as the date at which all lands in the area in which the lease is situated are required to be valued.

Yearly Rent the Initial Rent and the rent ascertained in accordance with schedule 9

Yearly Rent has the meaning given to it in the Underlease; and Zone of Influence means volumes of space (whether above or below ground or otherwise covered) which are:

Examples of Yearly Rent in a sentence

• Such monthly estimated payments shall be made commencing on the aforesaid date and otherwise at the same time and in the same manner as Tenant’s monthly payments of Yearly Rent.

• During the term of this Lease the Yearly Rent and other charges, at the rate stated in Exhibit 1, shall be payable by Tenant to Landlord by monthly payments, as stated in Exhibit 1, in advance and without demand on the first day of each month for and in respect of such month.

• Except as otherwise expressly provided in this Lease, in no event shall Tenant have the right to terminate the Lease nor shall Tenant’s obligation to pay Yearly Rent or other charges under this Lease abate based upon any default by Landlord of its obligations under the Lease.

• In the event of any such termination, this Lease and the Term hereof shall expire as of such effective termination date as though that were the Expiration Date as stated in Exhibit 1, and the Yearly Rent (together with Operating Costs Excess and Tax Excess) shall be apportioned as of such date.

• In the event of any such termination, this Lease and the term hereof shall expire as of such effective termination date as though that were the Termination Date as stated in Exhibit 1, and the Yearly Rent shall be apportioned as of such date.

More Definitions of Yearly Rent

Yearly Rent means until the Review Date the initial Rent and thereafter any sum substituted for it under the provisions of schedule 5.

Yearly Rent means as follows:

Yearly Rent means the sum arrived at by multiplying the number of square feet comprised in the Gross Internal Area of the Building as agreed or determined pursuant to Clause 8 hereof by Twenty-seven pounds ((Pounds)27) plus VAT

Yearly Rent means the amount of rent set by the Council as shown in any Allotment Tenancy Agreement renewal letter and payable in accordance with condition (1) below. The Council reserves the right to increase the rent on and from the 1st October in any year, giving not less than 6 months written notice.

Yearly Rent. The Yearly Rent payable with respect to the Management Office Space shall be at the same annual rental rates per rentable square foot that is then payable from time to time under the Lease for the Fifth Floor Premises and shall escalate at the same rates and on the same dates as the Yearly Rent rate escalates for the Fifth Floor Premises.

Yearly Rent means the yearly rent hereby reserved and from time to time payable hereunder (but excluding the Insurance Rent and the Service Charge) and the term “Rents” includes Yearly Rent the Insurance Rent the Service Charge and any other sum payable or expressed to be payable as rent

Yearly Rent in respect of a mining lease, means the yearly rent that would have been payable under the Mineral Resources Act 1989 if the lease had been created on the date fixed by the chief executive pursuant to