Base Annual Rent definition

Base Annual Rent shall have the meaning set forth in Paragraph 3.1.

Base Annual Rent means $3,815,000.00, as adjusted pursuant to the terms of this Lease.

Base Annual Rent means the Base Annual Rent as set forth in the Schedule.

Examples of Base Annual Rent in a sentence

• At the absolute discretion of the Licensor, the Licensor may determine that the Licensee is entitled to a Rent Rebate on the basis that the Licensee is a recognised charitable or non-profit organisation; Subject to sub-clause 14.6(a), the Rent is calculated by subtracting the Rent Rebate from the Base Annual Rent, but the Rent must exceed the statutory minimum rental applicable to tenures under the CLM Act; Where the Licensee is not entitled to a Rent Rebate, the Base Annual Rent applies.

• Any Annual Rent exceeding Base Annual Rent in any Lease Year shall be deemed Additional Rent.

• Commencing on the Expansion Space Commencement Date, Tenant shall pay Landlord for the Expansion Space, Base Annual Rent at a rate equal to Fifteen and 00/100 Dollars ($15.00) per square foot of the Expansion Space per annum, full service, payable in advance in equal monthly installments due on the first day of each calendar month of the term of the Lease.

• The remainder of the Capital Improvement Allowance for such Lease Year (i.e., the Capital Improvement Allowance for such Lease Year, less the amount of the Base Annual Rent due from the Bills to the ECSC for such Lease Year) shall be paid by the ECSC and the County in accordance with the respective percentages of such remainder for such year set forth in Schedule 9.4(b).

• Any Annual Rent for any Lease Year exceeding the Base Annual Rent for such Lease Year shall be deemed Additional Rent and shall not be contributed to the Capital Improvement Allowance.

More Definitions of Base Annual Rent

Base Annual Rent shall be payable by the County to the Landlord during each Lease Year of the Lease Term in equal monthly installments of “Base Monthly Rent” specified below.

Base Annual Rent means $3,465,000.00.

Base Annual Rent. $166,848.00

Base Annual Rent means One Million One Hundred Eighty-Six Thousand Three Hundred Ninety-Nine and 92/100 Dollars ($1,186,399.92); or (b) modifying, amending, terminating, limiting or affecting in any manner the obligations and liabilities of Lessee pursuant to the Master Lease as set forth in the following Section 2.

Base Annual Rent. Base Annual Rent" means the Base Monthly Rent calculated on an annual basis.

Base Annual Rent means Two Hundred Sixty-Six Thousand Five Hundred Dollars ($266,500).

Base Annual Rent for each month of the Term, the sum set forth under “Monthly Base Rent”: in the Basic Lease Provisions (subject to proration as provided in this Section 3.1 of Part Two of this Lease), in advance on the first day of each calendar month of the Term, without deduction, offset, prior notice, or demand, and in lawful money of the United States. Rental shall accrue from the Commencement Date, and will be payable to Landlord In the event rent is not paid timely there will be an additional charge of $50.00 per transaction to reimburse Landlord for processing costs. If the Commencement Date is not the first day of a calendar month, Tenant will pay to Landlord on the Commencement Date a portion of the monthly installment of Base Annual Rent prorated on the basis of a thirty (30) day month.