Common use of Additional Rental Clause in Contracts

Additional Rental. The County shall also pay, as “Additional Rental” hereunder, in addition to the Base Rental Payments and any base rental payments hereunder made with respect to Additional Bonds, to the Authority or to the Trustee, as hereinafter provided, such amounts in each year as shall be required for the payment of all costs and expenses (not otherwise paid for or provided for out of the proceeds of sale of the Bonds) incurred by the Authority or the Trustee in connection with the execution, performance or enforcement of this Lease or the assignment hereof, the Indenture, or the Authority’s or the Trustee’s interest in the Leased Property, including, but not limited to, all fees, costs and expenses, all administrative costs of the Authority relating to the Leased Property (including, without limiting the generality of the foregoing, salaries and wages of employees, overhead, insurance premiums, taxes and assessments (if any), expenses, compensation and indemnification of the Trustee payable by the Authority under the Indenture), fees of auditors, accountants, attorneys or engineers, and all other reasonable and necessary administrative costs of the Authority or charges required to be paid by it to comply with the terms of the Bonds or of the Indenture. Such Additional Rental shall be billed to the County by the Authority or the Trustee from time to time. Amounts so billed shall be paid by the County within sixty (60) days after receipt of the xxxx by the County.

Appears in 1 contract

Samples: Lease Agreement

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Additional Rental. The County City shall also pay, as “Additional Rental” hereunder, rental hereunder in addition to the Base Rental Payments and any base rental payments hereunder made with respect to Additional BondsPayments, to the Authority or to the Trustee, as hereinafter provided, such amounts amounts, if any, in each year as shall be required for the payment of all costs and expenses (not otherwise paid for or provided for out of the proceeds of sale of the Bonds) incurred by the Authority or the Trustee in connection with the execution, performance or enforcement of the Site Lease or this Lease or the assignment hereof, hereof pursuant to the Indenture, Indenture or the Authority’s or the Trustee’s interest respective interests in the Leased PropertyPremises and the lease of the Leased Premises by the Authority to the City hereunder, including, including but not limited to, to all fees, costs and expenses, expenses and all administrative costs of the Authority relating to the Leased Property (Premises including, without limiting the generality of the foregoing, salaries and wages of employees, overhead, insurance premiums, taxes and assessments (if any), expenses, compensation and indemnification of the Trustee payable by (to the Authority under extent not paid or otherwise provided for out of the Indentureproceeds of the sale of the Bonds), fees of auditors, accountants, attorneys or engineers, insurance premiums, rebate amounts payable to the United States pursuant to the Tax Certificate, and all other reasonable and necessary administrative costs of the Authority or charges required to be paid by it to comply with the terms of the Bonds or of the Indenture. Such Additional Rental shall be billed to , or otherwise incurred in connection with the County by the Authority administration hereof or the Trustee from time to time. Amounts so billed shall be paid by the County within sixty (60) days after receipt of the xxxx by the Countythereof.

Appears in 1 contract

Samples: Facilities Lease

Additional Rental. The County City shall also pay, as “Additional Rental” hereunder, rental hereunder in addition to the Base Rental Payments and any base rental payments hereunder made with respect to Additional BondsPayments, to the Authority or to the Trustee, as hereinafter provided, such amounts amounts, if any, in each year as shall be required for the payment of all costs and expenses (not otherwise paid for or provided for out of the proceeds of sale of the Bonds) incurred by the Authority or the Trustee in connection with the execution, performance or enforcement of the Site Lease or this Lease or the assignment hereof, hereof pursuant to the Indenture, Indenture or the Authority’s or the Trustee’s interest respective interests in the Leased PropertyProperty and the lease of the Leased Property by the Authority to the City hereunder, including, including but not limited to, to all fees, costs and expenses, expenses and all administrative costs of the Authority relating to the Leased Property (including, without limiting the generality of the foregoing, salaries and wages of employees, overhead, insurance premiums, taxes and assessments (if any), expenses, compensation and indemnification of the Trustee payable by (to the Authority under extent not paid or otherwise provided for out of the Indentureproceeds of the sale of the Bonds), fees of auditors, accountants, attorneys or engineers, insurance premiums, rebate amounts payable to the United States pursuant to the Tax Certificate, and all other reasonable and necessary administrative costs of the Authority or charges required to be paid by it to comply with the terms of the Bonds or of the Indenture. Such Additional Rental shall be billed to , or otherwise incurred in connection with the County by the Authority administration hereof or the Trustee from time to time. Amounts so billed shall be paid by the County within sixty (60) days after receipt of the xxxx by the Countythereof.

Appears in 1 contract

Samples: Facilities Lease

Additional Rental. The County City shall also pay, as “Additional Rental” hereunder, in addition to the Base Rental Payments and any base rental payments hereunder made with respect to Additional BondsPayments, to the Authority or to the Trustee, as hereinafter provided, such amounts in each year as shall be required for the payment of all costs and expenses (not otherwise paid for or provided for out of the proceeds of sale of the Bonds) incurred by the Authority or the Trustee in connection with the execution, performance or enforcement of this Lease or the assignment hereof, the Indenture, or the Authority’s or the Trustee’s interest in the Leased Property, including, but not limited to, all fees, costs and expenses, all administrative costs of the Authority relating to the Leased Property (including, without limiting the generality of the foregoing, salaries and wages of employees, overhead, insurance premiums, taxes and assessments (if any), expenses, compensation and indemnification of the Trustee payable by the Authority under the Indenture), fees of auditors, accountants, attorneys or engineers, and all other reasonable and necessary administrative costs of the Authority or charges required to be paid by it to comply with the terms of the Bonds or of the Indenture. Such Additional Rental shall be billed to the County City by the Authority or the Trustee from time to time. Amounts so billed shall be paid by the County City within sixty (60) days after receipt of the xxxx by the CountyCity.

Appears in 1 contract

Samples: Lease Agreement

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Additional Rental. The County City shall also pay, as “Additional Rental” hereunder, rental hereunder in addition to the Base Rental Payments and any base rental payments hereunder made with respect to Additional BondsPayments, to the Authority or to the Trustee, as hereinafter provided, such amounts amounts, if any, in each year as shall be required for the payment of all costs and expenses (not otherwise paid for or provided for out of the proceeds of sale of the Bonds) incurred by the Authority or the Trustee in connection with the execution, performance or enforcement of the Expansion Lease or this Facility Lease or the assignment hereof, hereof pursuant to the Indenture, Indenture or the Authority’s or the Trustee’s interest respective interests in the Leased PropertyProperty and the lease of the Leased Property by the Authority to the City hereunder, including, including but not limited to, to all fees, costs and expenses, expenses and all administrative costs of the Authority relating to the Leased Property (including, without limiting the generality of the foregoing, salaries and wages of employees, overhead, insurance premiums, taxes and assessments (if any), expenses, compensation and indemnification of the Trustee payable by (to the Authority under extent not paid or otherwise provided for out of the Indentureproceeds of the sale of the Bonds), fees of auditors, accountants, attorneys or engineers, insurance premiums, rebate amounts payable to the United States pursuant to the Tax Agreement, and all other reasonable and necessary administrative costs of the Authority or charges required to be paid by it to comply with the terms of the Bonds or of the Indenture. Such Additional Rental shall be billed to , or otherwise incurred in connection with the County by the Authority administration hereof or the Trustee from time to time. Amounts so billed shall be paid by the County within sixty (60) days after receipt of the xxxx by the Countythereof.

Appears in 1 contract

Samples: Convention Center Facility Lease

Additional Rental. The County City shall also pay, as “Additional Rental” hereunder, rental hereunder in addition to the Base Rental Payments and any base rental payments hereunder made with respect to Additional BondsPayments, to the Authority or to the Trustee, as hereinafter provided, such amounts amounts, if any, in each year as shall be required for the payment of all costs and expenses (not otherwise paid for or provided for out of the proceeds of sale of the Bonds) incurred by the Authority or the Trustee in connection with the execution, performance or enforcement of the Site Lease or this Lease or the assignment hereof, hereof pursuant to the Indenture, Indenture or the Authority’s or the Trustee’s interest respective interests in the Leased PropertyProperty and the lease of the Leased Property by the Authority to the City hereunder, including, including but not limited to, to all fees, costs and expenses, expenses and all administrative costs of the Authority relating to the Leased Property (including, without limiting the generality of the foregoing, salaries and wages of employees, overhead, insurance premiums, taxes and assessments (if any), expenses, compensation and indemnification of the Trustee payable by (to the Authority under extent not paid or otherwise provided for out of the Indentureproceeds of the sale of the Bonds), fees of auditors, accountants, attorneys or engineers, insurance premiums, rebate amounts payable to the United States pursuant to the Tax Agreement, and all other reasonable and necessary administrative costs of the Authority or charges required to be paid by it to comply with the terms of the Bonds or of the Indenture. Such Additional Rental shall be billed to , or otherwise incurred in connection with the County by the Authority administration hereof or the Trustee from time to time. Amounts so billed shall be paid by the County within sixty (60) days after receipt of the xxxx by the Countythereof.

Appears in 1 contract

Samples: dockets.sandiego.gov

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