Lease Rate definition

Lease Rate means for each 2015-1 Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.

Lease Rate means the implicit interest rate used to calculate the Lease Charges that are included in determining the Base Monthly Payments due under the related Closed-End Lease.

Lease Rate means a percentage equal to (a) the then-current Base Monthly Rental multiplied by twelve (12), divided by (b) the aggregate purchase price of all of the Properties paid by Lessor (or Lessor’s predecessor-in-interest).

Examples of Lease Rate in a sentence

• See the following example of a scheduled Market Adjustment for a 50,000 square foot lease, at a 6% lease rate with two different appraisal values: Lessor Appraisal = $6.50 per square foot Lessee Appraisal = $6.10 per square foot Land Value= $6.30 per square foot New Annual Base Rent = $6.30 x 50,000 (or applicable square footage) x 6% (or applicable Lease Rate) = $18,900.

• The Equipment Lease Rate shall be further adjusted by multiplying said Equipment Lease Rate by 1.56.

• The rental rate adjustment will be calculated using the formula below in Lease Rate Adjustments for Changes in Scope of Work.

• In such an event the Equipment Lease Rate for said Appendix shall be multiplied by 1.56 in computing the Lease Payments for said Appendix and Sections 5.8.1 and 5.8.2 of the Lease shall not be applicable with respect to said Appendix.

• The Total Lease Rate will be paid in equal periodic installment payments (“Rent”) on the first day of each and every calendar month.

More Definitions of Lease Rate

Lease Rate means for each 20[__]-[__] Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.

Lease Rate shall have the meaning given such term in Exhibit "A-1".

Lease Rate means, in relation to a Fee Calculation Reset Day, the rate equal to the Gold lending rate for a period of three calendar months (expressed as a percentage per annum) equal to the LIBOR Rate minus the GOFO rate in respect of such Fee Calculation Reset Day as determined by the Determination Agent. If the Programme Swap Counterparty does not calculate and notify the Determination Agent of the LIBOR Rate and the GOFO rate in respect of any Fee Calculation Reset Day within the time required by the Determination Agent for it to make the necessary determinations and calculations under the Conditions, the Lease Rate in respect of such Fee Calculation Reset Day shall be deemed to be equal to the Lease Rate for the immediately preceding Fee Calculation Reset Day and the Determination Agent shall have no liability to any person in respect thereof. The Lease Rate in respect of each Fee Calculation Reset Day shall be published on the website maintained on behalf of the Issuer at www.etc.db.com (or such other website as may be notified to Securityholders in accordance with Condition 19 from time to time). The Lease Rate as at the Issue Date of this Tranche of ETC Securities is as specified on the website maintained on behalf of the Issuer at www.etc.db.com in respect of such date.

Lease Rate means the annual rate used to determine Base Rent for each Lease Advance. The Lease Rate is the sum of the applicable Rate Index plus the applicable Rate Spread, computed using the 365/360 method. The Lease Rate includes any accrued Increaser Rate. On each Renewal Date, the Lease Rate will be reset for the Lease Amount based upon the applicable Rate Index plus the applicable Rate Spread in effect on the Rate Determination Date for such Renewal Date.

Lease Rate means the contractual annual percentage rate of the related Closed-End Lease.

Lease Rate. A per annum rate equal to Eight Percent (8.0%), subject to the Escalator as set forth in Section 3.1(b).

Lease Rate means interest at the rate of the product of 0.846 times the then-effective LIBOR Rate plus .0046 per annum.