INTERIM RENTAL. During the Interim Term, Lessee shall pay rent monthly ("Interim Rental"), on a calendar month basis, in an amount determined by Lessor by applying the "Interim Rental Rate" set forth in the Lease to portions of the Total Cost then or theretofore expended by Lessor, for the number of days such sums are outstanding during such calendar month. Lessee shall pay Lessor each installment of Interim Rental on the fifteenth day after the end of such calendar month.
Appears in 4 contracts
Samples: Master Equipment Lease Agreement (Rmed International Inc), Master Equipment Lease Agreement (Power Integrations Inc), Master Equipment Lease Agreement (Rmed International Inc)
