How is Dead Rent defined in a legal contract?
- Dead Rent means the minimum assured payment for a mining lease, determined by the area of the lease and is adjustable as per the established rules. Seen in 6 SEC filings
- Dead Rent means the minimum amount required to be paid in a year by the granted leaseholder of a mining lease under these rules, regardless of whether they could operate the leased area fully or partly. Seen in 5 SEC filings
- Dead Rent means the minimum assured annual royalty payment as per the agreement rules under a mining lease. Seen in 4 SEC filings
- Dead Rent means the rental of the leased area charged under these rules at the determined rates. Seen in 4 SEC filings
- Dead Rent means the minimum amount required to be paid in a year by a mining lease grantee under these rules, irrespective of whether the mining lease is in operation or not.
Seen in 2 SEC filings - Dead Rent means the minimum amount payable annually by a person holding a Mining Lease or Mining Licence under these rules, irrespective of whether the lease or license holder is operating the area fully or partially. Seen in 1 SEC filing
- Dead Rent means a rental fee payable to the government by a leaseholder under these rules for each year, excluding the first, of the lease period from the date of lease signing at the specified rates, or the royalty payable by a leaseholder in one year for the quantity of mineral removed or consumed, whichever is higher. Seen in 1 SEC filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
π€ has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Dead Rent means a guaranteed minimum annual payment by a leaseholder, adjusted according to [rules].
Relevant Contract Types
Relevant Circumstances
- Lease of property
- Lease of mineral rights
- Franchise contract
- Commercial leasing
- Industrial leasing
Relevant Sectors
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Genie Definition 2
Dead Rent means a preset yearly fee, payable by a leaseholder, unaffected by their use of the leased asset.
Relevant Contract Types
Relevant Circumstances
- Lease of equipment/assets
- Lease of vehicles
- Lease of commercial property
- Lease of boats or marine vessels
Relevant Sectors
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