Lease Balance Sample Clauses
The Lease Balance clause defines the total outstanding financial obligation remaining under a lease agreement at any given time. It typically includes all unpaid rent, fees, and other amounts due from the tenant to the landlord, and may be referenced in situations such as early termination, default, or assignment of the lease. By clearly specifying what constitutes the lease balance, this clause ensures both parties understand the exact amount owed, thereby reducing disputes and providing clarity in financial dealings related to the lease.
Lease Balance. “Construction Agent Related Event” shall mean any act or omission of any Construction Agent Person (including but not limited to any breach by any Construction Agent Person of any of its obligations under any Operative Document or Project Agreement).
Lease Balance. The Lease Balance shall be set forth in the Lease Supplement.
Lease Balance. Lessee shall fail to pay the Funded Amount or Lease Balance when due pursuant to SECTION 10.1, 10.2, 14.1 or 14.2, or Lessee shall fail to pay the Recourse Deficiency Amount when required pursuant to ARTICLE XIV;
Lease Balance. On the Closing Date, the Lease Balance (Improvements) for the Leased Property is $[__]. The Lease Balance (Site) for the Leased Property is $[__].
Lease Balance. The Lease Balance applicable to the Leased Property as of any Rent Payment Date shall be determined in accordance with the Master Lease.
Lease Balance. MONTHLY PAYMENT LEASE. Your Adjusted Lease Balance is the Adjusted Capitalized Cost disclosed on the front of this Lease, less all depreciation and other amortized amounts accrued up to the termination date, calculated according to the Constant Yield Method. “Constant Yield Method” means the method of determining the rent charge portion of each base monthly payment under which the rent charge for each month is earned in advance by multiplying the constant rate implicit in the Lease times the balance subject to rent charge as it declines during the scheduled Lease Term. At any time during the scheduled Lease Term, the balance subject to rent charge is the difference between the Adjusted Capitalized Cost and the sum of (1) all depreciation and other amortized amounts accrued during the preceding months and (2) the first base monthly payment.
Lease Balance. As of the Base Term Commencement Date, the (i) the aggregate final amount of the Lessor Investment is $50,500,000.00, (ii) the aggregate final amount of the Rent Assignment Advances is $50,500,000.00, and (iii) the aggregate final amount of the Lease Balance is $101,000,000.00.