Initial Rent Payment definition

Initial Rent Payment means _______________, ____]
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Initial Rent Payment shall have the meaning set forth in Section 5(a) of this Lease. “Insurance Requirements” shall mean the insurance requirements set forth in Section 8 hereof and Exhibit B of this Lease.
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Initial Rent Payment means the payment of the initial rent in the Currency of Payment calculated in accordance with Clause 6.2., Special Terms.
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Examples of Initial Rent Payment in a sentence

  • If written notice of cancellation is received by the Director of Rentals and Special Events at least 270 days prior to the contracted event, 100% of the Initial Rent Payment shall be returned to the Renting Party.

  • The remaining rent of shall be due and payable in installments in accordance with Section 5(b) below (the “Capitalized Rent Payment” and with the Initial Rent Payment, the “Base Rent”).

  • According to the government, the $120 million Initial Rent Payment under the head lease was allocated over the first five years of the head lease (plus a portion of 2003), and the$831.5 million deferred head lease rent was allocated to the remaining years of the head lease on an undiscounted basis.continued use or possession, for purposes of the [taxpay- ing] trade or business, of property.”” I.R.C. § 162(a)(3).

  • The Base Rent shall be comprised of the Initial Rent Payment and the Capitalized Rent Payments.

  • According to the government, the $120 million Initial Rent Payment under the head lease was allocated over the first five years of the head lease (plus a portion of 2003), and the$831.5 million deferred head lease rent was allocated to the remaining years of the head lease on an undiscounted basis.continued use or possession, for purposes of the [taxpay- ing] trade or business, of property.” I.R.C. § 162(a)(3).

  • The funds would be released pursuant to the following trust conditions: 2.1.1.2. Upon receipt of the Initial Rent Payment, the funds will be held in trust and released to the Lessor as follows: a.

  • An Initial Rent Payment of $70.00, plus tax of $4.90, totaling $74.90 is due when this Agreement is signed.

  • Upon satisfaction or waiver by the benefitted party (identified below) of the contingencies described below (the “Contingencies”), on a date mutually agreed by County and Developer, in no event more than 30 days after the date of satisfaction of the Contingencies, unless mutually agreed by County and Developer: the Developer shall pay the Initial Rent Payment to County, County and Developer shall execute the Ground Lease, and Developer shall take possession of the leasehold under the Ground Lease.

  • Effective Date: , 2015 Termination Date: December 31, 2025Permitted Use: Solely for Grazing and Agricultural Use Initial Payment: Initial Rent Payment due and payable on execution of this Lease, is the sum of Dollars ($ ), which includes: (a) Seventy-Five Dollars($75.00) – one time Granting Fee; and (b) _ Dollars ($ .00) –Prorated Annual Rent for 1, 2015, thru December 31, 2015.

  • Pay in advance the Initial Rent Payment, and on or before January 1st of each year during the term of this Lease, the Annual Rent to Landlord at Landlord’s Address, 72 W.


More Definitions of Initial Rent Payment

Initial Rent Payment means the payment of the initial rent in the Currency of Payment, calculated in accordance with Clause 6.2., Special Terms.
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Initial Rent Payment means the payment required to consummate this Agreement. “Renewal Payment(s)” mean periodic or regular lease payments after the Initial Rent Payment for use of the leased Property. “Other Charges” mean any and all applicable charges, costs, and fees allowed for under this Agreement, which may accrue from time to time, after the commencement of the Agreement, and are not included in Renewal Payments. “Days” means calendar days unless otherwise specified. "Optional Liability Damage Waiver Payment(s)" mean periodic or regular payments incurred for Optional Liability Damage Waiver (LDW) services. “Property” means the item(s) that are the subject matter of this Agreement; specifically, the NEW 1-mackie srt212.
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Initial Rent Payment means Click or tap here to enter text..
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Related to Initial Rent Payment

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Base Rent As defined in Section 3.1.

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

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

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

  • Additional Rental has the meaning set forth in Section 4.03.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • 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.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

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

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).