Renewal Rental Rate definition

Renewal Rental Rate means $* per annum. -------------------
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Renewal Rental Rate means the Basic Rent payable for each month during a Renewal Term, which shall be the Basic Rent during the last year of the Initial Term, increased by two percent (2%) per annum for each year during the Renewal Term.
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Renewal Rental Rate has the meaning set forth in paragraph (h) of Section 12 hereof.
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Examples of Renewal Rental Rate in a sentence

  • The Renewal Rental Rate will take into consideration the tenant inducements offered in the renewal transactions considered by Landlord in determining the Renewal Rental Rate.

  • The Basic Rent payable per annum during any Fixed Renewal Term shall be the Renewal Rental Rate identified on Exhibit B.

  • The Renewal Rental Rate is hereby defined to mean the then prevailing rents (including, without limitation, those similar to the Basic Annual Rent and Additional Rent) payable by renewal tenants having a credit standing substantially similar to that of Tenant, for properties of equivalent quality, size, utility and location as the Premises, including any additions thereto, located within the area described below and leased for a renewal term approximately equal to the Renewal Term.

  • The Basic Rent payable per annum during any Fixed Renewal Term shall be the lesser of (i) the then Fair Market Rental Value for the Aircraft and (ii) Renewal Rental Rate identified on Exhibit B.

  • If Tenant timely notifies Landlord of Tenant's acceptance of Landlord's determination of the Renewal Rental Rate, this Lease shall be extended as provided herein and Landlord and Tenant shall enter into an amendment to this Lease to reflect the extension of the term and changes in Rent in accordance with this Rider.

  • If Exercised, Renewal Rental Rate Schedules Prior to the termination of the initial term of this Lease and all renewal options included herein, Lessor and Lessee may upon mutual consent and agreement negotiate terms and conditions for additional renewal periods.

  • The Renewal Rental Rate is hereby defined to mean the then prevailing market rent (including, without limitation, those similar to the Base Monthly Rent and Additional Rent) for the Building as determined by Landlord.

  • If, however, all three appraisals are more than ten percent (10%) different from each other, then the average of all three appraisals shall be the Renewal Rental Rate.

  • The Renewal Rental Rate is hereby defined to mean the then prevailing rents (including, without limitation, those similar to the Basic Annual Rent and Additional Rent) payable by renewal tenants having a credit standing substantially similar to that of Tenant, for properties of equivalent quality, size, utility and location as the Premises, located within the area described below and leased for a term approximately equal to the applicable Renewal Term.

  • The Adjustment Date for determining the Renewal Rental Rate shall be the Primary Term Ending Date.


More Definitions of Renewal Rental Rate

Renewal Rental Rate. The Renewal Rental Rate is hereby defined to mean the then prevailing rents (including, without limitation, those similar to the Basic Annual Rent) payable by renewal tenants having a credit standing substantially similar to that of Tenant, for premises of equivalent quality, size, utility and location as the Premises, including any additions thereto, located within the Building and leased for a renewal term approximately equal to the Renewal Term. The Renewal Rental Rate will take into consideration, and Tenant shall be entitled to, the tenant inducements offered in the renewal transactions considered by Landlord in determining the Renewal Rental Rate.
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Renewal Rental Rate means the rate being charged to new tenants for comparable space by Landlord in the Building or, if not enough comparable transactions exist in the Building, then the rate being charged to new tenants for comparable space in similar buildings in the Newport Beach/Corona del Mar area with similar amenities taking into consideration the size, location, floor level, the proposed term of the Option Term, the extent of the services to be provided and any other relevant terms and conditions in each instance disregarding "tenant concessions", if any, then being offered to prospective new tenants in the Building or comparable buildings. The term "tenant concessions" shall include, without limitation, so-called free rent, tenant improvement allowances, lease takeovers, etc. All Rent payable during the Option Term shall be payable in the same manner and under the same terms and conditions as Rent is paid during the Initial Term.
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Renewal Rental Rate shall have the meaning set forth in Section 2.7.
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Renewal Rental Rate means the rate being charged to tenants for comparable space by Landlord in the Building (or, if not enough comparable transactions exist in the Building, then the rate being charged to tenants for comparable space in, as reasonably determined by Landlord, comparable buildings in the vicinity of the Building), with similar amenities, taking into consideration the size, location, floor level, the proposed term of the Option Term, the extent of the services to be provided and any other relevant terms and conditions in each instance including "tenant concessions," if any, then being offered to prospective tenants in the Building or comparable buildings. The term "TENANT CONCESSIONS" shall include, without limitation, so-called free rent, tenant improvement allowances, and other tenant inducements, taking into account the value of the existing improvements in the Premises, based on the age, quality and layout of the improvements. The Renewal Rental Rate will be an effective rate, not specifically including, but accounting for, the appropriate tenant concessions described above.
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Renewal Rental Rate means $* per annum. Exhibit C Basic Rent ---------- Basic Rent Payment Date Amount ----------------------- ------ Confidential treatment requested for omitted information. Omitted information has been filed separately with the Commission. Exhibit D Termination Values ------------------ Termination Date Termination Value ---------------- ----------------- Confidential treatment requested for omitted information. Omitted information has been filed separately with the Commission. Exhibit E Lists of Countries - Permitted for Re-Registration and Subleasing Australia Italy Austria Japan Belgium Luxembourg Canada Netherlands Denmark New Zealand Finland Norway France Spain Germany Sweden Greece Switzerland Iceland United Kingdom Ireland Exhibit F RETURN CONDITIONS The portion of this Exhibit appearing below this text is intentionally deleted from the FAA filing counterpart as the parties hereto deem it to contain confidential information.
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Related to Renewal Rental Rate

  • Rental Rate means the average annualized composite rate for United States treasury bonds issued for periods of ten years and longer plus two percent. The rental rate shall not exceed ten and three-quarters percent nor fall below eight and one-quarter percent.

  • 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.

  • Market Rental Rate means, at the time of reference, the gross rentable floor space of the Leased Premises multiplied by the greater of: (a) that annual rate of Basic Rent per square foot of gross rentable floor space which is then being quoted by the Landlord for comparable Other Leased Premises (or would then be quoted if comparable Other Leased Premises were then available) or (b) that annual rate of Basic Rent per square foot of gross rentable floor space in effect during the Expiring Term.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent