Lease Rental. 19.3.1 In consideration of the lease of the Site and the rights appurtenant thereto in favor of the Concessionaire, the Concessionaire shall, during the Concession Period, in terms of this Agreement and the Site Lease Deed, make payments to the Authority by way of annual lease rentals (the “Lease Rentals”) starting at a concessional rate of INR 1,00,00,000 (Rupees One Crore) per annum and subject to escalation at 5% (five per cent) per annum on a compounded basis.
Lease Rental. This agreement constitutes a lease/rental of the Props and is not a sale or the creation of a security interest. You will not have, or at any time acquire, any right, title, or interest in the Props, except the right to possession and use as provided for in this Agreement. We will at all times be the sole owner of the Props.
Lease Rental. The annual lease rental for the first year of this lease is $2,500.00 and shall be increased on April 1 of each subsequent year of the term by 3 percent over the previous lease year rental. (See attached rental schedule.) Rental is due on April 1 of each lease year.
Lease Rental. In consideration for the lease of each Aircraft, Lessee agrees to pay Lessor: ..................................................................................................................................... ..................................................................................................................................... ................................................................ Flight hours shall be determined by the Xxxxx meter, and the monthly rental payments shall computed using the “base” Xxxxx meter reading shown on the Acceptance/Delivery Receipt.
Lease Rental. This agreement constitutes a lease/rental of the Costumes and is not a sale or the creation of a security interest. You will not have, or at any time acquire, any right, title, or interest in the Costumes, except the right to possession and use as provided for in this Agreement. We will at all times be the sole owner of the Costumes.
Lease Rental. The Concessionaire shall have to enter into a land lease agreement with the respective ULBs and to pay a lease rental (the “Lease Rental”) of Rs. 1 per Square meter of land per annum for the land provided for development of the Project.
Lease Rental. On and from the Effective Date, the Lessee will pay the Lease Rent to the Partner for each calendar month on or before the 7th day of the succeeding calendar month. The Lease Rent will be deposited into the Partner’s bank account. The details of the Partner’s Bank Account are set out below. Bank Account Details Account Name To be shared later Account No To be shared later IFSCI Code To be shared later Branch To be shared later
Lease Rental. LESSEE agrees to pay rent to LESSOR at such place as LESSOR may designate without deduction or offset. LESSOR agrees to accept as rent for the-leased premises a total of Two hundred-seven thousand and 00/100 dollars ($207,000.00), payable in advance on or before the first day of each month during the term of this lease, in the following monthly installments: Months 1 to 12 $5,500.00 per month Months 13 to 24 $5,750.00 per month Months 25 to 36 $6,000.00 per month The amount of Five thousand-five hundred and 00/100 dollars ($5,500.00 ) is paid LESSOR upon the execution of the lease which shall represent the first month's rent of this lease. The deposit pursuant to Article 32 of this office lease is Seven thousand and 00/100 dollars ($7,000.00) which is due at signing of lease.
Lease Rental. LESSEE agrees to pay minimum monthly rent to LESSOR at such place as LESSOR may designate, without deduction or offset. LESSOR agrees to accept as minimum monthly rent for the Leased Premises TWELVE (12) months rent in equal monthly installments of SIX HUNDRED THIRTY-EIGHTAND 00/100 ($638.00) dollars, payable in advance on the first day of each month during the term of this Lease.The amount of TWO THOUSAND TWO HUNDRED NINE AND 80/100 ($2,209.80) dollars OF WHICH $638.00 IS THE FIRST MONTH'S RENT, $98.60 IS THE FIRST MONTH'S CAMS AND $1,473.20 IS THE SECURITY DEPOSIT, has been paid to LESSOR upon the execution of the Lease receipt of which is hereby acknowledged, as and for first month's rental. RENT DEFINED. The terms "rent" and "rental" as used herein and elsewhere throughout this Lease shall be deemed to be and mean the minimum monthly rent, any additional rents, any rental adjustments, LESSEE reimbursements, legal fees and costs incurred to enforce any provision of this Lease, and any and all other sums, no matter how designated, required to be paid by LESSEE under this Lease. (2) LATE PAYMENT: Rent not received before 5:00 P.M. on the first day of every month during the Lease term shall be deemed to be delinquent. Any late fee incurred shall be payable to LESSOR as additional rent. (PLEASE REFER TO 16A WHICH GOVERNS THE TERMS FOR LATE PAYMENT OF RENT). LATE AND/OR LEGAL FEES ARE DUE AND PAYABLE IF RENT IS RECEIVED AFTER THE 5TH OF THE MONTH. LESSOR shall not be obligated to accept any late payment of rent unless the LESSEE also pays in addition fee of ten percent (10%) of the amount of the late rent or thirty-five dollars ($35.00) per month, whichever is greater, as compensation for the increased overhead to LESSOR caused by the late payment. All common area, taxes, insurance and other xxxxxxxx are due within five (5) days of the billing date and any payment therefore not received within five (5) days shall automatically accrue a ten percent (10%) late charge or thirty-five dollars ($35.00) per month, whichever is greater. The forgoing late fees are agreed by the parties to be reasonable sums necessary to compensate LESSOR for all costs and expenses that LESSOR may incur by virtue of LESSEE'S late payment. Any payment tendered to LESSOR which is dishonored upon presentation for payment shall further subject the LESSEE to a fifty dollar ($50.00) return check charge, which shall be payable to LESSOR, as additional rent, together with LESSEE'S next monthl...
Lease Rental. Pursuant to KPB Ordinance 2008- $1.00/year and due in advance. the lease rental is
