Annualized rent definition

Annualized rent means, for tax years 2004 and thereafter, the
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Annualized rent means the monthly base rent for the applicable property or properties as of December 31, 2017, multiplied by 12 and then multiplied by our percentage ownership interest for such property, where applicable, and “total annualized rent” means the annualized rent for the applicable group of properties;
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Annualized rent means, for tax years 2004 and thereafter, the rent paid by the claimant during the tax year for which the homestead rebate is being claimed, and if paid for a lease term covering less than the full tax year, the actual rent paid for the days during the term of the lease of the homestead proportionalized as if the term of the lease had been for 365 days of the tax year;
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Examples of Annualized rent in a sentence

  • Annualized rent per square foot represents annualized rent as computed above, divided by the total square footage under lease as of the same date.

  • Annualized rent for certain office properties includes rent attributable to retail.

  • Annualized rent excludes rent from signed but not yet commenced leases.(3) For office assets, represents annualized office rent divided by occupied office square feet.

  • Annualized rent per leased square foot represents annualized rent as computed above, divided by the total square footage under lease as of the same date.

  • The market committees operating the markets under different systems earned income from market as cess and had no mandate to plow back revenue so earned towards the development of markets and marketing system.

  • Annualized rent represents the annualized monthly contractual rent under existing leases as of December 31, 2004.

  • Annualized rent represents the monthly contractual rent (defined as cash base rent before abatements) under existing leases as of December 31, 2019 multiplied by 12.

  • Annualized rent is presented for leases commenced as of December 31, 2014.

  • This paper deals with soccer, where teams are of different qualities.5 In order to capture the degree of asymmetry between teams, we construct a Skill variable that captures the strength of the time at a particular point in time.

  • Tenants may have multiple leases in the same year.(b) Annualized rent represents the monthly rent charged, including tenant reimbursements, for each lease in effect at December 31, 2021 multiplied by 12.


More Definitions of Annualized rent

Annualized rent means: (i) for commercial assets, or the retail component of a mixed-use asset, the in-place monthly base rent before free rent, plus tenant reimbursements as of December 31, 2020, multiplied by 12 and (ii) for multifamily assets, or the multifamily component of a mixed-use asset, the in- place monthly base rent before free rent as of December 31, 2020, multiplied by 12. Annualized rent excludes rent from signed but not yet commenced leases. The in-place monthly base rent does not take into consideration temporary rent relief arrangements.
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Annualized rent means the Company’s annual rent expense as of its most recently completed fiscal year, as disclosed in the lease commitment footnote to its annual consolidated financial statements.
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Annualized rent with respect to any Tenant Lease at any time, the annualized amount of the rent payable to the Borrower at such time under such Tenant Lease.
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Annualized rent means the annual rent expense of the Company’s most recently completed fiscal year, as disclosed in the lease commitment footnote of the annual consolidated financial statements of the Company.
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Related to Annualized rent

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

  • Monthly shall be construed accordingly;

  • Base Rent As defined in Section 3.1.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

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

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Percentage Rent As defined in Subsection 3.1(b).

  • 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.