Base Rents has the meaning ascribed to such term in Section 11.2 of this Agreement.
Base Rents means monthly base rents and parking charges under the Tenant Leases; (c) "Overage Rent" means additional or escalation rent based upon (i) a percentage of a Tenant's gross sales during a specified annual or other period or (ii) increases in real estate taxes, operating expenses, labor costs, cost of living indices or xxxxxx'x wages; and (d) "Additional Rent" means items of rent or charges which are not Base Rents or Overage Rents, such as charges for electricity, steam, water, cleaning, overtime services, sundry charges or other charges of a similar nature.
Base Rents means all fixed rents, base rents, minimum rents or basic rentals payable in fixed installments for stated periods by Tenants under Tenant Leases.
Examples of Base Rents in a sentence
The determination of the FMV Base Rent hereunder shall be made on a Property Location-by-Property Location basis, and the initial Base Rent for such Extension Period shall reflect the FMV Base Rents as determined hereunder for the Property Locations with respect to which the related Extension Option was exercised.
The Base Rents due hereunder will be adjusted at the time that any or all of the Fourth Expansion Premises are delivered to Tenant substantially complete to reflect the same underlying effective rent of the rent structure specific to each suite with the lease expiration dates to remain unchanged.
After giving credit for all prepayments on account thereof pursuant to CLAUSE (C) below, each Group IV Lessee shall pay to the Group IV Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Group IV Vehicles that were leased by such Group IV Lessee under the Group IV Financing Lease on any day during the Related Month.
Schedule 6.01(o) Real Property Company Location Leasehold or Fee Landlord Commencement and Termination Dates, Renewal Options Annual Base Rents Consents Motorcar Parts of America, Inc.
As used herein, "Delinquent Rentals" means Base Rents which are due and payable prior to or on the day of the Closing but which have not actually been collected by Property Owner as of the day of the Closing.
More Definitions of Base Rents
Base Rents will mean any fixed, minimum rent payable by tenants under the Leases excluding, however, any Operating Expense Payments (as that term is hereinafter defined).
Base Rents fixed rent, and other amounts of a fixed nature (which may include, without limitation, electric inclusion and supplemental water, HVAC and condenser water charges paid or payable by Tenants); “Overage Rents”: a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), so-called “escalation rent”, and additional rent based upon increases in or otherwise attributable to real estate and BID taxes, operating expenses, utility costs, a cost of living index or xxxxxx’x wages or otherwise, but which shall in no event include Reimbursable Payments (as hereinafter defined); “Reimbursable Payments”: overtime heat, air conditioning or other utilities or services; freight elevator; electric inclusion and adjustments related to electric usage (such as rate and/or fuel adjustments and survey); submetered electric; supplemental water, HVAC, and condenser water charges; services or repairs, and labor costs associated therewith, to the extent to which a Tenant is obligated to reimburse the landlord under its Lease or for which a Tenant has separately contracted with Seller or its agent; true-ups on account of escalation and/or additional rent for years prior to the year in which the Closing occurs; amounts payable for above standard cleaning; and all other items that are payable to Seller as reimbursement or payment for above standard or overtime services (but which amounts shall not be treated as Reimbursable Payments if already included in a Tenant’s Base Rents); and “Rents”: all amounts due and owing from Tenants, however characterized, including, without limitation, Base Rents, Overage Rents and Reimbursable Payments.
Base Rents is defined in ss.7. "Buyer" is defined in the preamble. "Companion Contract" is defined in ss.26. "Companion Property" is defined in ss.26. "Deposit" is defined in ss.2. "Effective Date" is defined in the preamble. "Effective Gross Income" is defined in ss.7. "Escrow Agent" is defined in ss.2. "Estoppel Certificates" is defined in ss.6. "Hazardous Materials" is defined in ss.8. "Improvements" is defined in ss.1. "Inspection Period" is defined in ss.4. "Intangible Property" is defined in ss.1. "Land" is defined in ss.1. "Lease" is defined in ss.1. "Leasing Costs" is defined in ss.7. "Operating Expense Payments" is defined in ss.7. "Overage Rents" is defined in ss.7. "Permitted Exceptions" is defined in ss.5. "Property" is defined in ss.1. "Surviving Contracts" is defined in ss.1. "Third Party Offer" is defined in ss.27. "Title Company" is defined in ss.5. "Title Commitment" is defined in ss.5. "Title Notice" is defined in ss.5.
Base Rents for the most recently ended fiscal quarter shall mean the base or minimum fixed rent payments due to the Borrower during such quarter under any leases of any portion of the Mortgaged Properties.
Base Rents means fixed rent, and other amounts of a fixed nature (which may include, without limitation, electric inclusion and supplemental water, HVAC and condenser water charges paid or payable by Tenants; "Overage Rents" shall mean so-called "escalation rent" and additional rent based upon increases in or otherwise attributable to real estate taxes, operating expenses, utility costs, a cost of living index or xxxxxx'x wages or otherwise, but which shall in no event include Reimbursable Payments, if any; "Reimbursable Payments" shall mean overtime heat, air conditioning or other utilities or services; freight elevator; electric inclusion and adjustments related to electric usage (such as rate and/or fuel adjustments and survey), water usage, HVAC charges, services or repairs, and labor costs associated therewith, which a Tenant is obligated to reimburse the landlord under its Tenant Lease or for which a Tenant has separately contracted with Assignor, true-ups on account of escalation and/or additional rent for years prior to the year in which the Closing occurs, above standard cleaning, and all other items which are payable to Assignor as reimbursement or payment for above standard or overtime services (but which amounts shall not be treated as Reimbursable Payments if already included in a Tenant’s Base Rents); for the avoidance of doubt, as defined above in Section 1.40 hereof, "Rents" shall mean all amounts due and owing from Tenants, however characterized, including, without limitation, Base Rents, Overage Rents and Reimbursable Payments.
Base Rents means monthly base rents under the Leases. "Additional Rent" means items of rent or charges which are not Base Rents such as charges for electricity, steam, water, cleaning, overtime services, sundry charges or other charges of a similar nature to the extent any of the foregoing are applicable.
Base Rents means monthly base rents and parking charges under the Leases. "Overage Rent" means additional or escalation rent based upon (A) a percentage of a tenant's gross sales during a specified DOC ID - 21031260.28