Actual Rent definition

Actual Rent means the rent charged for a Unit in accordance with Section 5 of this Agreement.
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Actual Rent means rent or other compensation paid under a lease or similar agreement.
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Actual Rent means, for any period of time, with respect to any XXXXX Qualified Lease, all minimum (i.e., exclusive of percentage or additional) and percentage rent (but excluding any prepaid rent (other than minimum rent for the first full calendar month and/or last calendar month of the term of the applicable lease that was prepaid upon lease execution)) that was actually paid by the tenant thereunder with respect to such period minus (x) in the case of the Canyon Ranch Operating Lease, all rent that was payable under the Canyon Ranch Master Lease for such period and (y) in the case of the Lutece Operating Lease, all rent that was payable under the Lutece Master Lease for such period.
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Examples of Actual Rent in a sentence

  • A household rent is found to be in error if the difference between the Actual Rent and QC Rent is greater than $5, while “proper” rent payments reflect differences of $5 or less.

  • Errors are determined by recalculating the tenant rent on the basis of verified QC information and subtracting this amount from the tenant rent indicated on the 50058/50059 Form (Actual Rent).

  • As noted above, a household was considered to be correct (proper payment) if the QC Rent and the Actual Rent matched within $5.

  • Proper payments are those in which the Actual Rent equals the QC Rent.

  • How to Calculate Gross Annual Value if there is vacancy as well as unrealised rent?Step 1: Calculate RLV as usual.Step 2: Calculate Actual Rent – Unrealised Rent.

  • How To Calculate Gross Annual Value if there is any unrealised rent?Step 1: Calculate RLV as usualStep 2: Calculate Actual Rent – unrealised RentGAV will be higher of the amount in step 1 & step 2.

  • Gross Annual Value will be1) Reasonable Letting Value (RLV) or2) Actual Rent, whichever is higher 1.

  • Dollar Rent Error—is calculated at the household level by subtracting the household’s QC Rent from the Actual Rent.

  • However, while calculating GAV, Actual Rent should not be considered for 12 months but only for the period for which property was let out.

  • Rent Error—the difference between the monthly Actual Rent and the monthly QC Rent.


More Definitions of Actual Rent

Actual Rent means, for any period of time, with respect to any XXXXX Qualified Lease, all minimum (i.e., exclusive of percentage or additional) and percentage rent (but excluding any prepaid rent other than minimum rent for the first full calendar month and/or last calendar month of the term of the applicable lease that was prepaid upon lease execution) that was actually paid by the tenant thereunder with respect to such period.
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Actual Rent has the meaning set forth in Section 5.01(b).
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Actual Rent means, with respect to any Unit, the monthly rent that the Owner may collect pursuant to its lease of the Unit and includes the rent required to be paid by the Tenant and any Rental Assistance, but not any applicable utility allowance.
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Related to Actual Rent

  • Additional Rent means all sums of money, other than Base Rent, that shall become due from and payable by Tenant pursuant to this Lease.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Base Rent As defined in Section 3.1.

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

  • 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%.

  • 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.

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

  • 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:

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • 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).

  • Individual Charges means those charges incurred by individual Attendees including, but not limited to, restaurant charges other than the allowable group meals specified herein, any charge for alcoholic beverages, telephone expenses, sleeping room rental deposits, upgrades, Cancellation Fee and/or other applicable service or cancellation charges incurred by an Attendee, and associated taxes, surcharges, and/or other incidentals.