Common use of Basic Term Rent Clause in Contracts

Basic Term Rent. Commencing on AUGUST 5, 1998 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 2 contracts

Samples: Master Lease Agreement (Yellow Roadway Corp), Master Lease Agreement (Roadway Express Inc)

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Basic Term Rent. Commencing on AUGUST 5March 11, 1998 2008 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule. Each payment of Basis Term Rent shall be allocated to and shall accrue for the use of the Equipment for the monthly period beginning on such Rent Payment Date.

Appears in 2 contracts

Samples: Lease Agreement (On Semiconductor Corp), Lease Agreement (On Semiconductor Corp)

Basic Term Rent. Commencing on AUGUST 5OCTOBER 1, 1998 1999 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 2 contracts

Samples: Master Lease Agreement (Action Performance Companies Inc), Master Lease Agreement (Integrated Information Systems Inc)

Basic Term Rent. Commencing on AUGUST 5JANUARY 2, 1998 2000 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Integrated Information Systems Inc)

Basic Term Rent. Commencing on AUGUST 5Jan. 1, 1998 2002 and on the same day of each month thereafter (each, a "Rent Payment DateRENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("Basic Term RentBASIC TERM RENT") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Virologic Inc)

Basic Term Rent. Commencing on AUGUST 5Nov. 22, 1998 2005 and on the same day of each month thereafter (each, a "Rent Payment DateRENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("Basic Term RentBASIC TERM RENT") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Sigmatron International Inc

Basic Term Rent. Commencing on AUGUST 5January 1, 1998 1997, and on the same first day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay pay, in advance, as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule. Each date for the payment of rent during the Basic Term is herein referred to as a "Rent Payment Date".

Appears in 1 contract

Samples: Master Lease Agreement (Continental Caribbean Containers Inc)

Basic Term Rent. Commencing on AUGUST 5NOVEMBER 1, 1998 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Autocam Corp/Mi

Basic Term Rent. Commencing on AUGUST 5, 1998 10/15/03 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Intercept Inc)

Basic Term Rent. Commencing on AUGUST 5, 1998 4/1/02 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Variagenics Inc)

Basic Term Rent. Commencing on AUGUST 5November 7, 1998 2006 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule. Each payment of Basic Term Rent shall be allocated to and shall accrue for the use of the Equipment for the monthly period beginning on such Rent Payment Date.

Appears in 1 contract

Samples: Lease Agreement (On Semiconductor Corp)

Basic Term Rent. Commencing on AUGUST 5March 1, 1998 2002 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Star Scientific Inc)

Basic Term Rent. Commencing on AUGUST 5November 10, 1998 2004 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Impreso Inc)

Basic Term Rent. Commencing on AUGUST 5February 22, 1998 1999 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Equipment Sublease (Integrated Information Systems Inc)

Basic Term Rent. Commencing on AUGUST 5JUNE 1, 1998 1997 and on the same day of each month thereafter (each, a "Rent Payment DateRENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("Basic Term RentBASIC TERM RENT") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Autocam Corp/Mi)

Basic Term Rent. Commencing on AUGUST 5_August 1, 1998 and 2001_and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Variagenics Inc)

Basic Term Rent. Commencing on AUGUST 5FEBRUARY 1, 1998 2000 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Integrated Information Systems Inc)

Basic Term Rent. Commencing on AUGUST 5September 1, 1998 2001 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, . Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Star Scientific Inc)

Basic Term Rent. Commencing on AUGUST 5Jan. 1, 1998 2002 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, . Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Coley Pharmaceutical Group, Inc.)

Basic Term Rent. Commencing on AUGUST 5, 1998 8/1/98 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent rent("" Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Netter Digital Entertainment Inc)

Basic Term Rent. Commencing on AUGUST 5July 1, 1998 2001 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Star Scientific Inc

Basic Term Rent. Commencing on AUGUST 5September 1, 1998 2001 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Quasi (Image Entertainment Inc)

Basic Term Rent. Commencing on AUGUST 5January 1, 1998 1997, and on the same first day --------------- of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay pay, in advance, as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule. Each date for the payment of rent during the Basic Term is herein referred to as a "Rent Payment Date".

Appears in 1 contract

Samples: Master Lease Agreement (Continental Caribbean Containers Inc)

Basic Term Rent. Commencing on AUGUST 5March 27, 1998 2001, and on the same day of each month March, June, September and December thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay pay, in arrears as rent Rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule. Rent shall be allocated for federal income tax purposes ending on the date such Rent is scheduled to be paid. Each date for the payment of Rent during the Basic Term and any Renewal Term is herein referred to as a "Rent Payment Date".

Appears in 1 contract

Samples: Master Lease Agreement (Metaldyne Corp)

Basic Term Rent. Commencing on AUGUST 5, 1998 9/1/04 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Infinity Pharmaceuticals, Inc.)

Basic Term Rent. Commencing on AUGUST 5September 1, 1998 1995 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Diagnostic Retrieval Systems Inc)

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Basic Term Rent. Commencing on AUGUST 5November 1, 1998 1996 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the then Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (North American Vaccine Inc)

Basic Term Rent. Commencing on AUGUST 5, 1998 7/1/98 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Netter Digital Entertainment Inc)

Basic Term Rent. Commencing on AUGUST 5October 1, 1998 1999 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Scios Inc)

Basic Term Rent. Commencing on AUGUST 5November 1, 1998 1997 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Autocam Corp/Mi

Basic Term Rent. Commencing on AUGUST 5, 1998 7/1/05 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Infinity Pharmaceuticals, Inc.)

Basic Term Rent. Commencing on AUGUST 5January 1, 1998 1998, and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent Rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule. Said Rent consists of principal and interest components as provided in the Amortization Schedule attached hereto.

Appears in 1 contract

Samples: Master Lease Agreement (Western Beef Inc /De/)

Basic Term Rent. Commencing on AUGUST 5DEC 1, 1998 2001 and on the same day of each month thereafter (each, a "Rent Payment DateRENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("Basic Term RentBASIC TERM RENT") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Variagenics Inc

Basic Term Rent. Commencing on AUGUST 5April 21, 1998 2004 and on the same day of each month thereafter (each, each a "Rent Payment DateRENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("Basic Term RentBASIC TERM RENT") the Monthly Lease Payment, equal to the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this ScheduleSchedule which Monthly Lease Payment is hereby determined by the parties to be $55,555.00 per month throughout the original term of this Lease.

Appears in 1 contract

Samples: Master Equipment Lease Agreement (XRG Inc)

Basic Term Rent. Commencing on AUGUST 5, 1998 12/1/03 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Predix Pharmaceuticals Holdings Inc)

Basic Term Rent. Commencing on AUGUST 5June 1, 1998 2001 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Quasi (Variagenics Inc)

Basic Term Rent. Commencing on AUGUST 5January 1, 1998 1998, and on the same day of each month thereafter (each, each a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent Rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times time the Capitalized Lessor's " Cost of all Equipment on this Schedule. Said Rent consists of principal and interest components as provided in the Amortization Schedule attached hereto.

Appears in 1 contract

Samples: Master Lease Agreement (Western Beef Inc /De/)

Basic Term Rent. Commencing on AUGUST NOVEMBER 5, 1998 1999 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Integrated Information Systems Inc)

Basic Term Rent. Commencing on AUGUST 5November 10, 1998 2004 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Impreso Inc)

Basic Term Rent. Commencing on AUGUST 5, 1998 11/1/03 and on the same day of each month monthly thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Intercept Inc)

Basic Term Rent. Commencing on AUGUST 5, 1998 01/03/95 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.. 3. [Deleted] E.

Appears in 1 contract

Samples: Master Lease Agreement (FSC Semiconductor Corp)

Basic Term Rent. Commencing on AUGUST 5January 1, 1998 2006 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's ’s Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Momenta Pharmaceuticals Inc)

Basic Term Rent. Commencing on AUGUST 5November 1, 1998 2001 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Star Scientific Inc)

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