Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.
Interim Rent. For the period from and including the Lease Commencement Date to but not including the Basic Term Commencement Date ("Interim Period"), Lessee shall pay as rent ("Interim Rent") for each unit of Equipment, the product of the Daily Lease Rate Factor times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period. Interim Rent shall be due on NOT APPLICABLE.
Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the initial Term.
Examples of Interim Rent in a sentence
Interim Rent IncreasesInterim increases in Tenant Rent will be made only when:1.
In addition to Basic Rent and Interim Rent, Lessee shall pay Lessor all Supplemental Rent provided for in the Master Lease including, without limitation, all applicable sales and use taxes.
To this end, we need to design appropriate economic models and evaluate the cost of storing provenance.
Lessee shall pay Lessor Interim Rent on all payments made by Lessor for Equipment from the date of Lessor's payment, if paid prior to the Lease Commencement Date, until the Lease Commencement Date.
Interim Rent DecreasesThe tenant may report any of the following changes, which would result in HHA conducting an interimadjustment to decrease the tenant’s rent:1.
More Definitions of Interim Rent
Interim Rent is defined in Schedule 1 to the Lease.
Interim Rent means the rent identified as Interim Rent in and payable pursuant to Section 3.3.
Interim Rent amounts payable with respect to the period between the Commencement Date and the first Rent Payment Due Date, based on a 30-day month and the number of days between the Commencement Date and the first Rent Payment Due Date. Payments are to be made on each and every Rent Payment Due Date shown on the Schedule until the total number of payments have been made. The first rent payment with respect to each Schedule is due upon (i) Lessee's execution of a delivery receipt, if the Equipment described in that Schedule is motor vehicles, or (ii) upon Lessee's acceptance (as described in Section 9) of any Equipment other than motor vehicles described in that Schedule. Rent shall be paid on the dates specified in the Schedule at the office of Lessor or to such other person or at such other place as Lessor may from time to time designate in writing. In addition to the rent payments described above, Lessee shall pay the amount of any personal property taxes or other taxes and all maintenance, insurance and other costs and expenses with respect to the Equipment (including amounts, if any, required to be paid under Sections 14 and 16 of this Lease). If Lessee fails to make any such payment or pay any other expense required to be paid by Lessee pursuant to this Lease, Lessor, at its option, may pay such expense, which shall constitute additional rent and be due and payable from Lessee to Lessor upon demand thereof.
Interim Rent. The periodic rent payable for the Aircraft throughout the Interim Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Interim Term. The period commencing on the Owner Participant Payment Date and ending at the end of the day immediately preceding the Commencement Date.
Interim Rent shall have the meaning set forth in Paragraph 5(b) of this Lease.
Interim Rent means an amount equal to the product of (i) ___________ percent (_____%) per annum, multiplied by (ii) the amount theretofore funded by Landlord under the terms of the Construction Addendum. Interim Rent for partial months shall be prorated on a per diem basis. [[INSERT FOLLOWING VERSION OF PARAGRAPH (c) FOR CONSTRUCTION SITES]]