Gross Rents definition

Gross Rents means the actual sum of money or other consideration payable for the use or possession of property. "Gross rents" shall include, but not be limited to:

Gross Rents means the actual sum of money or other consideration payable for the use or possession of property.

Gross Rents means, for any period, the aggregate amount of all payments which the Borrower and its Subsidiaries are required to make during such period pursuant to the terms of any lease by the Borrower or any Subsidiary of any building (including, without limitation, any leased terminals or similar facilities of the Borrower or any Subsidiary) or revenue producing equipment, including renewals thereof.

Examples of Gross Rents in a sentence

• We need a W9 completed for each rental year and the 1099 information is based on Gross Rents with the commission taken by you as an expense.

• The commission on any expansion shall be equal to four percent (4%) of the total additional Gross Rents added to, or above the total rents of the original lease, if the tenant broker is involved.

• The commission on any expansion shall be equal to two percent (2%) of the total additional Gross Rents added to, or above the total rents of the original lease, if the tenant broker is involved.

• Noncompliance is reported under category 11g, Gross Rent(s) Exceed Tax Credit Limits.

• Collected Gross Rents, real property taxes, premiums on insurance, interest on any debt being assumed or taken subject to by Buyer, and any other expenses of the Property shall be paid current and prorated as of the Closing Date.

More Definitions of Gross Rents

Gross Rents means an amount equal to annual rental income reflected in a current rent roll for all Tenants paying rent, and in actual physical occupancy of their respective space demised pursuant to Leases which are in full force and effect.

Gross Rents means an amount equal to annual rental income reflected in a current rent roll for all Tenants paying rent, open for business and in actual physical occupancy of their respective space demised pursuant to Leases which are in full force and effect.

Gross Rents means, for any period, all rental and other income from the Properties (including interest income earned on any such monies prior to their distribution) but excluding therefrom security deposits and advance rents, unless and until applied, tenant incentive payments or allowances, tenant expense recoveries, net proceeds from refinancing, and net proceeds from sale;

Gross Rents means the actual sum of money or other consideration payable for the use or possession of real property. "Gross rents" includes, but is not limited to:

Gross Rents means the aggregate amount of all payments which Borrower is required to make pursuant to the terms of any lease by Borrower of any building (including, without limitation, any of Borrower's leased terminals and similar facilities) or office equipment or revenue producing equipment which lease has a term of more than six (6) months, including renewals thereof.

Gross Rents means the actual sum of money or other consideration payable for the

Gross Rents means the rental payments actually received from the Land and the Improvements for a given period.