Common use of Interim Rent Clause in Contracts

Interim Rent. For the period from and including the Lease Commencement Date to 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 DEC 1, 2001.

Appears in 1 contract

Samples: Variagenics Inc

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Interim Rent. For the period from and including the Lease Commencement commencement Date to the Basic Term Commencement Date ("INTERIM PERIOD"), Lessee shall pay as rent ("INTERIM RENT") for each unit of Equipmentequipment, 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 DEC 1, 2001N/A____.

Appears in 1 contract

Samples: Sigmatron International Inc

Interim Rent. For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("INTERIM PERIODInterim Period"), Lessee shall pay as rent ("INTERIM RENTInterim Rent") for each unit of Equipment, an amount equal to (a) the product of the Daily Lease Rate Factor "Prime Rate" as published in the "Money Rates" column of the Wall Street Journal, Western Edition, on the business day preceding the Acceptance Date, times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period, divided by (b) 360. Interim Rent shall be due on DEC 1, 200112/13/94 . 2.

Appears in 1 contract

Samples: Master Lease Agreement (FSC Semiconductor Corp)

Interim Rent. For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("INTERIM PERIOD"), Lessee shall pay as rent 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 DEC 1, 2001___________.

Appears in 1 contract

Samples: Aircraft Lease Agreement (Terayon Communication Systems)

Interim Rent. For the period from and including the Lease Commencement Commence Date to the Basic Term Commencement Date ("INTERIM PERIODInterim Period"), Lessee shall pay as rent ("INTERIM RENTInterim Rent") for each unit of Equipment, an amount equal to (a) the product of the Daily Lease Rate Factor "Prime Rate" as published in the "Money Rates" column of the Wall Street Journal, Western Edition, on the business day preceding the Acceptance Date, times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period, divided by (b) 360. Interim Rent shall be due on DEC 1, 200112/13/94 . 2.

Appears in 1 contract

Samples: Master Lease Agreement (FSC Semiconductor Corp)

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Interim Rent. For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("INTERIM PERIODInterim Period"), Lessee shall pay as rent ("INTERIM RENTInterim 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 DEC January 1, 2001.1997 (the "Interim Rent Payment Date"). ---------------

Appears in 1 contract

Samples: Master Lease Agreement (Continental Caribbean Containers Inc)

Interim Rent. For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("INTERIM PERIODInterim Period"), Lessee shall pay as rent ("INTERIM RENTInterim Rent") for each unit of Equipment, an amount equal to (a) the product of the Daily Lease Rate Factor "Prime Rate" as published in the "Money Rates" column of the Wall Street Journal, Western Edition, on the business day preceding the Acceptance Date, times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period, divided by (b) 360. Interim Rent shall be due on DEC 1, 200112/13/94 . 2.

Appears in 1 contract

Samples: Master Lease Agreement (FSC Semiconductor Corp)

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