Common use of Annual Net Rent Clause in Contracts

Annual Net Rent. The Sub-tenant shall pay to the City a basic rent of $2.00 per annum ($20.00 in total for the 10-year term) payable at the commencement date of the agreement plus all applicable taxes.

Appears in 1 contract

Sources: Sub Lease Agreement

Annual Net Rent. The Sub-tenant shall pay to the City a basic rent of $2.00 per annum ($20.00 6.00 in total for the 103-year term) payable at the commencement date of the agreement plus all applicable taxes.

Appears in 1 contract

Sources: Sub Lease Agreement