The rental comparison of the similar type of aircraft were undertaken, wherein it was noticed that the monthly lease rentals to M/ S Veling Narain Ltd was to the tune of $ 1,99,164 ( ` 1,28,44,000) and M/ S Veling Sacheedanand Ltd to the tune of $ 1,98,557 ( ` 1,28,05...
(I) rentals and other related expenses incurred in leasing air conditioning systems, elevators or other equipment which if purchased the cost of which would be excluded from Operating Expenses as a capital cost, except equipment not affixed to the Project which is used in providing janitorial or...
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Lessor from time to time in advance of Lessee's Share of the Operating Expense Increase for any Comparison Year, and the same shall be payable monthly or quarterly, as Lessor shall designate, during each Comparison Year of the Lease term, on the same day as the Base Rent is due hereunder...
(30) day period for Lessor and Lessee to agree on the Prevailing Market Rent for the Premises, Lessor and Lessee shall each give written notice to the other designating by name, address and telephone number an MAI appraiser familiar with office building rentals in the "Comparison Area" ...
(b) As soon as practicable after each lease year, Landlord will furnish Tenant a statement which shall show a comparison of the operating expenses for the preceding lease year to the base expenses. On the first day for the payment of fixed rent hereunder following the furnishing of such ...
The Index in publication three (3) months before each Adjustment Date shall be the "Comparison Index." As of each Adjustment Date, the Base Rent payable during the ensuing twelve-month period shall be determined by increasing the Initial Base Rent by a percentage equal to the percentage ...
Tenant shall, at Landlord's request, pay as additional rent during each Comparison Year, an amount equal to Tenant's Proportionate Share of the Excess Expenses payable during such Comparison Year, as estimated by Landlord from time to time. Such payments shall be made in monthly installments ...
If no agreement can be reached by the parties during that period, then the Base Monthly Rental for the Option Term shall be determined by the Fair Market Rental Value of the Leased Premises as determined by comparison to premises of similar size located in or near the City of Fort Xxxxxxx,...