Examples of First Lease Period in a sentence
According to the Lease Agreements, the Lessee was required to contribute monthly to the FF&E Reserve an amount equal to 2% of the Total Hotel Revenue for each Fiscal Year in the First Lease Period.
As per the rental income structure during the First Lease Period, the rent for each of the Initial Hotel Properties during the Subsequent Period is an Individual Rent which is payable monthly in arrear.
According to the Lease Agreement, the Lessee was required to, at its own cost and expense, pay to the Lessor on a monthly basis during the First Lease Period the actual costs of any FF&E items disbursed.
During the last month of the First Lease Period of the Lease Term, the Williamson County Parks Department may, at its discretion, obtain a Soil Test.
Pursuant to the Master Hotel Lease and Management Agreement, the predetermined Base Rent for each of the Lease Years during the First Lease Period is a minimum annual aggregate amount of RMB216 million.In addition, during the First Lease Period, the rent for each of the Initial Hotel Properties is an Individual Rent which is payable monthly in arrear.
Therefore, it is possible that Base Rent from the Initial Hotel Properties for the Subsequent Period may be higher or lower than the Base Rent for the First Lease Period.
Manner of Payment The manner of payment of the 2019 Market Rental Package Determination (including in relation to the Base Rent, the variable Individual Rents and the security deposit) will be consistent with the corresponding manners of payment during the First Lease Period and Lease Year of 2018.
Accordingly, the rentals receivable by Regal REIT in respect of each of the Lease Years during the Second Lease Period under the Market Rental Package will depend on the then prevailing market conditions and a number of other risks and uncertainties, and may vary from the annual fixed rents for the First Lease Period.
RespondentName: Authorized Signature: Title or Representative Capacity of Signer: Date: , 20 WILLIAMSON COUNTY PROPOSAL FORMLEASE AGRICULTURAL LAND LOCATED EAST OF JONAH, TEXAS PROPOSAL NUMBER: 14RFP00204NAME OF PROPOSER:_ Mailing Address: _ City: State: _ Zip: Email Address: Telephone: ( ) _ Fax: ( ) RENT FOR FIRST LEASE PERIOD: January 1, 2014 To September 30, 2014 (9 Months) APPROXIMATE ACREAGERENTAL AMOUNT PER ACRETotal Rent Amount For First Lease Period (9 Months) 192 acre$ approx.
In addition, consistent with that during the First Lease Period and Lease Year of 2018, a replacement irrevocable bank guarantee will be issued by (a) licensed bank(s) in the PRC in favour of the Lessors.