Lease Payments. Tenant agrees to pay to Landlord as rent for the Premises the amount of ___________________________ dollars ($______________) each month in advance on the 1st day of each month at ____ month of ___________________, 20_____ or at any other address designated by Landlord. If the Lease Term does not start on the 1st day of the month or end on the last day of a month, the first and last month’s rent will be prorated accordingly.
Lease Payments. Tenant agrees to pay to Landlord as rent for the Premises the amount of dollars ($ ) each month in advance on the 1st day of each month at or at any other address designated by Landlord. If the Lease Term does not start on the 1st day of the month or end on the last day of a month, the first and last month’s rent will be prorated accordingly. LATE CHARGES: Rent is due on the 1st of each month. If any or all of the rent is not received by the of the month, $ per day will be charged as late fees until full rental payment is received. If rent is not received by the of the month, Tenant will be considered in breach of the Lease Agreement and eviction proceedings will be initiated. INSUFFICIENT FUNDS: Tenant agrees to pay the charge of $ for each check given by Tenant to Landlord that is returned to Landlord for lack of sufficient funds.
Lease Payments. Payments made under operating leases are recognised in profit or loss on a straight-line basis over the term of the lease. Lease incentives received are recognised as an integral part of the total lease expense, over the term of the lease. Minimum lease payments made under finance leases are apportioned between the finance expense and the reduction of the outstanding liability. The finance expense is allocated to each period during the lease term so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Lease Payments. Such Credit Party will not, and will not permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments under a lease (other than, with respect to the Credit Parties, leases for real property) with a lease term of one (1) year or more if, after giving effect thereto, the aggregate amount of minimum lease payments that Holdings and its Consolidated Subsidiaries have so incurred or assumed will exceed, on a consolidated basis, $1,000,000 for any calendar year under all such leases (excluding, with respect to the Credit Parties, Capital Leases and leases for real property).
Lease Payments. Each of the Borrower and its Subsidiaries has paid all payments required to be made by it within any specified grace periods under leases of real property where any of the Collateral is or may be located from time to time (other than any the amount or validity of which are currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided on the books of the Borrower or such Subsidiary, as the case may be), except as could not reasonably be expected to have a Material Adverse Effect; no landlord Lien has been filed, and, to the knowledge of the Borrower, no claim is being asserted, with respect to any such payments, in each case that could, when taken together with any other such liens or claims, reasonably be expected to have a Material Adverse Effect.
Lease Payments. Tenant shall pay to Landlord monthly installments of $5,000.00, payable in advance on the first day of each month. Lease payments shall be made to the Landlord at 3575 Brown Road, Madisonville, KY 42431, which address may be changed from time to time by the Landlord.
Lease Payments. Neither the Company nor any of its Subsidiaries will incur or assume (whether pursuant to a Guaranty or otherwise) any liability for rental payments under a lease with a lease term (as defined in Financial Accounting Standards No. 13 of the Financial Accounting Standards Board, as in effect on the 50 date hereof) if (i) such lease is of an asset previously owned by the Company or any of its Subsidiaries and (ii) after giving effect thereto, the aggregate amount of minimum lease payments that the Company and its Subsidiaries have so incurred or assumed (excluding payments in respect of a lease (whether now or hereafter existing) of Rust-Oleum Corporation's corporate headquarters located in Vernon Hills, Illinois) will exceed, on a consolidated basis, $5,000,000 for any calendar year under all such leases.