Lease Payment Sample Clauses
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Lease Payment. 2.1 The Lessee shall pay to the Lessor regular monthly Lease Payments for the current month, as well as all other payments for which the payment term is not set in the Contract, within 15 days as from the date of issue of the invoice, unless stated otherwise in Special Terms of the Contract or respective invoice.
2.2 The Contract is made, the Lease Payment and its monthly payments are calculated in consideration that the Contract is in force throughout the lease term originally agreed in the Contract. In case of early termination of the Contract (including Sections 9.1 and 9.2 of the General Terms), the Lease Payment for the last month when the Contract is in force shall be determined as the highest of the following amounts: (i) the originally established monthly Lease Payment plus 30% of the remaining Lease Payments from the period, when the Vehicle is returned to the Lessor, till the ending date of the lease period originally agreed upon in the Contract, or (ii) the originally established monthly Lease Payment plus the sum equal to 3 monthly Lease Payments.
2.3 If the Vehicle has not been leased for a full calendar month, the payable Lease Payment is made of the proportion between the lease period in the particular month prescribed in the Contract and the number of full days in the particular month.
2.4 If the Special Terms state “included”, the Lease Payment includes:
a) the mileage for the entire leasing period stipulated in the Contract;
b) regular compulsory maintenance according to the Vehicle service manual;
c) technical repairs due to normal wear and tear;
d) expenses related to the service ensuring 24-hour technical assistance on the road within the territory of the Republic of Latvia and European Economic Area (EEA);
e) change and storage of seasonal tires (at Lessor’s choice), provided that a damaged tire change / repair costs are not included and shall be done at expense of the Lessee;
f) fees for initial registration and mandatory technical inspection;
g) insurance payments for the Vehicle;
h) all taxes and fees stipulated by the law related to the contract and the Vehicle. VAT shall be charged additionally according to the regulatory enactments. If VAT or any other taxes or fees (see above sub-paragraph h)) are changed or new taxes and/or fees are introduced during the Contract period, the Lessor will be entitled to change the amount of the Lease Payment accordingly.
2.5 Unless the Special Terms provide otherwise, the Lease Payment DOES NOT ...
Lease Payment. In consideration of the Lessor's lease of the Property to the Lessee the Lessee agrees to pay the Lessor the sum stated above. Lessee's obligation to pay the Lease fee shall not be affected by any inability or reduced ability to make productive use of the Property because of weather, soil or any other condition – natural or man-made. Lease payments shall be made payable to the “the Township of Greenwich”.
Lease Payment. At the signing of this Agreement SF agrees to pay Quest document fees in the amount of $0. At the signing of this Agreement SF agrees to pay Quest two advanced payments in the amount of $4341.
Lease Payment. Section 1.
Lease Payment. On and after the Closing, Lessee, in consideration of the leasing of the Leased Property to Lessee by Lessor, hereby covenants and agrees to pay Lease Payments to Lessee during the Term in amounts as set out in Schedule 5.1 attached hereto and incorporated by reference herein, without notice or demand and without any setoff or deduction whatsoever. The Lease Payments shall be due and payable quarterly in advance, with the first Lease Payment being due and payable at Closing on the Closing Date and the remaining Lease Payments equal to one-fourth of the annual payment being due and payable quarterly in advance during the Term on the same day of each third consecutive month following the Closing Date, with the annual Lease Payments for each of the first two years of the Term being $4,500,000 and the annual Lease Payments for each of the next 18 years of the Term being $10,000,000. By way of example, if the Closing occurs on May 1, 2001, then the quarterly Lease Payments shall be due and payable in advance on each August 1, November 1, February 1 and May 1 thereafter during the Term. If any Lease Payment falls due on a day that is not a Business Day, then such Lease Payment shall be due and payable on the next day that is a Business Day. Notwithstanding the foregoing, if Lessee is ready, willing and able to exercise the Option referred to in Article 6, but is unable to lawfully do so because an order, writ, injunction or decree shall have been entered into and be in effect by a court of competent jurisdiction that restrains or enjoins the Option Closing (other than as a result of any claim or Action under the HSR ACT), THEN:
(a) if primarily as a result of an act or failure to act by Lessor after the Effective Time in breach of its obligations under this Lease or any act by Lessor or any Affiliate of Lessor before or after the Effective Time, then during the period when such restriction is in effect, the annual Lease Payments shall be $4,500,000 per annum;
(b) if primarily as a result of an act or failure to act by Lessee after the Effective Time in breach of its obligations under this Lease or any act by Lessee or any Affiliate of Lessee before or after the Effective Time, then the annual Lease Payments shall be $10,000,000 per annum as above provided; and
(c) if resulting from any cause not set forth in clause (a) or (b) above, then during the period when such restriction is in effect, the annual Lease Payments shall be $4,500,000 per annum, subject to esca...
Lease Payment. The lease payment shall be SIX-HUNDRED DOLLARS ($600) per month payable on the first day of each month payable to the “City of Oakley” and mailed or hand-delivered to: City of Oakley, Attn. Finance Director, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. No credit card payments are accepted. Lease payment shall increase by FIFTY DOLLARS ($50) per month for a total of SIX HUNDRED AND FIFTY DOLLARS ($650) per month beginning on September 1, 2021.
Lease Payment. ▇. ▇▇▇▇▇▇ County Court Services hereby agrees to pay the sum of $30,844 for the leased space. One half ($15,422) shall be due by August 15, 2020, with the second half payment ($15,422) due by January 15, 2021.
B. District 877 ▇▇▇▇▇▇ agrees to reimburse Wright County Court Services for one- half of the annual rent ($15,422) due and payable by January 15, 2021.
Lease Payment. (a) Equitrans will pay Sunrise monthly rent for the Sunrise Facilities (“Lease Payment”). The Lease Payment will be calculated using two distinct, alternative Lease Payment options. The formula for each Lease Payment options is set forth in Attachment A to this Lease Agreement, which attachment is incorporated herein and made a part hereof for all purposes. The Lease Payment options include a revenue-based payment alternative (“R Payment Alternative”), as described in Section 2.3(b), and a cost-of-service-based payment alternative (“C Payment Alternative”), as described in Section 2.3(c). The Lease Payment due each month shall be the lesser of the R-Payment Alternative or the C-Payment Alternative.
Lease Payment. DIRT RIDERS shall pay the City $1.00 each year as rental for the Property.
Lease Payment. 6.1. For use of the safety deposit box, and also for provision of services according to this Agreement, the Bank retains a commission according to the Rates of the Bank operating at the time of carrying out transaction or provision of service. At the same time, the rent payment is retained one-timely before provision of the safety deposit box to the Lessee.
6.2. The lease term of the safety deposit box is specified in the Statement of accession.
6.3. If upon the expiration of lease term, the Lessee will not release the safety-deposit box, he pays the Bank a penalty for each day of delay, from the day of the actual clearing of the safety deposit box / content of the safety deposit box by the Lessee from the Bank storage room, in case of forced opening of the safety deposit box according to point 5.1. of Agreement according to the Rates of the Bank operating in day of penalty assessments.