Monthly Rental Charges definition

Monthly Rental Charges. ’ means the monthly charges payable by Company to Contractor (on prorate basis for part of a Month) for providing an equipment/tool/set of equipment commencing from the date of completion of mobilization of that equipment/tool/set of equipment at Wellsite in accordance with Mobilization Notice issued by Company, irrespective of whether that equipment/tool/set of equipment is put to use by Company or not. As & when that equipment/tool/set of equipment is put to use by Company, Company shall pay Operating Day Rate also for that equipment/tool/set of equipment in accordance with terms & conditioned mentioned herein, which shall be in addition to the applicable Monthly Rental Charges.

Examples of Monthly Rental Charges in a sentence

  • Penalties @7.5% of Monthly Rental Charges (MRC) per day will be imposed by NIXI in case of non-delivery of 99.5% uptime calculated on monthly basis.

  • Monthly Rental Charges for a Contractor’s Item (except Sample Bottles) hired on ‘Monthly Rental Basis’ will be payable in addition to ODR for such Contractor’s Item.

  • Monthly Rental Charges for Equipment and Day Rates for Personnel wherever applicable will be payable in addition to Inter-Location Movement Charges during ILM.

  • The Lessee shall commencement of payment of the Monthly Rental Charges upon acceptance of all the Equipment pursuant to this Agreement.

  • All Monthly Rental Charges and/or other charges as shall be payable in advance to HKBN shall be exclusive of all applicable taxes, including without limitation to value added tax, sales taxes, duties or other levies as may be imposed by any authority, government or government agency (except income tax or other corporate taxes attributable to HKBN) from time to time or other charges, all of which shall be assumed and paid promptly when due by the Subscriber.

  • The failure to provide such may result in non-payment of Monthly Rental Charges and other accrued charges, allowing Owner/Manager to sell Occupant's personal property pursuant to Section 5 below.

  • Maintenance of Mobile Medical Unit along with the equipments therein in good condition.

  • Much of the LLU cost model review remains relevant in the current context and indeed going forward in the context of determining the relevant NGA costing 59 Response to Consultations and Final Decision: Local loop unbundling (“LLU”) and Sub loop unbundling (“SLU”) Maximum Monthly Rental Charges, 9 February 2011.

  • The Lessee shall pay the Monthly Rental Charges in Sri Lanka Rupees using the conversion rate published by the Central Bank of Sri Lanka applicable on the date of payment.

  • Monthly Rental Charges for Bottom hole PVT sampler will be payable once the tool is mobilized to the first well site till demobilized from the last well site.iii.

Related to Monthly Rental Charges

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • 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.

  • 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;

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

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

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

  • Base Rent As defined in Section 3.1.

  • 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).

  • 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.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Additional Charges As defined in Section 3.3.

  • 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.

  • 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).

  • Individual Charges means those charges incurred by individual Attendees including, but not limited to, restaurant charges other than the allowable group meals specified herein, any charge for alcoholic beverages, telephone expenses, sleeping room rental deposits, upgrades, Cancellation Fee and/or other applicable service or cancellation charges incurred by an Attendee, and associated taxes, surcharges, and/or other incidentals.

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

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

  • 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:

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

  • 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.

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

  • 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%.

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

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

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

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • 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.