Examples of Reviewed Rent in a sentence
The Reviewed Rent will be set out in the Rent Notice and will become payable on the date set out in the Rent Notice.
The Reviewed Rent shall not take effect until at least four weeks after the notice of variation is sent.
If at any Review Date there is a statutory restriction on the Landlord's right to calculate the Deferred Rent or review the Reviewed Rent then upon the ending or removal of such restriction the Landlord may within one year thereafter give to the Tenant not less than one (1) months’ notice requiring calculation of the Deferred Rent and/or an additional rent review upon the succeeding Payment Day which Payment Day will for the purposes of this Lease be a Review Date.
Reviewed Rent and stating the date on which the Reviewed Rent will take effect.
The Reviewed Rent shall be the greater of:• Open Market Value• 25% of the rateable value of the former tourist information• RPI Index linked, subject to a collar of 2% and a cap of 4%.