Payment of Rental Payments. Lessee shall promptly pay Rental Payments under each Property Schedule, exclusively from legally available funds, in lawful money of the United States of America, to Lessor in such amounts and on such dates as described in the applicable Property Schedule, at Lessor's address set forth on the first page of this Agreement, unless Lessor instructs Lessee otherwise. Lessee shall pay Lessor a charge on any delinquent Rental Payments under a Property Schedule in an amount sufficient to cover all additional costs and expenses incurred by Lessor and Agent from such delinquent Rental Payment. In addition, Lessee shall pay a late charge of five cents per dollar or the highest amount permitted by applicable law, whichever is lower, on all delinquent Rental Payments.
Payment of Rental Payments. The Paying Agent shall pay Rental Payments, exclusively from legally available moneys appropriated from Lessee’s general fund and such other legally available funds as may be designated by Lessee in lawful money of the United States of America to Lessor or, in the event of assignment by Lessor, to the Registered Owner of the Assignment, as Lessor’s assignee, in the amounts and no later than the dates set forth in Exhibit A; provided, that if Lessor or the Registered Owner, as the case may be, receives any Rental Payment later than 10 days from the scheduled due date, then Lessee shall also pay upon written demand as a late charge an amount equal to 5% of such overdue Rental Payment amount, limited, however, to the maximum amount allowed by law.
Payment of Rental Payments. The Sub-Lessee shall promptly pay to the Lessor, on behalf of the Lessee, Rental Payments in lawful money of the United States of America, in the amounts and on the dates set forth in each Lease. All other amounts required to be paid by the Sub-Lessee under a Lease shall be paid in lawful money of the United States of America. Any and all payment obligations hereunder or on account of breach hereof or of any lease shall be the sole obligation of the Sub-Lessee and no provision, covenant or agreement contained in any Lease or any obligation imposed on the Lessee in a Lease, or the breach thereof, shall constitute or give rise to or impose upon the Lessee a pecuniary liability, a charge upon its general credit or taxing powers or a pledge of its general revenues. In making the agreements, provisions and covenants set forth in any Lease, the Lessee has no obligation other than a special, limited obligation to make payments solely from Rental Payments made by the Sub- Lessee. The Sub-Lessee shall pay directly to the Lessor for the benefit of the Lessee a charge on any Rental Payment not paid on the date such payment is due at the rate of 12% per annum from such date, computed daily on the basis of a 360 day year and actual days elapsed. The obligations of Sub-Lessee under each Lease shall be general obligations of the Sub-Lessee payable from any legally available funds of the Sub-Lessee.
Payment of Rental Payments. (a) In consideration of the financing by the Authority of the Financed Projects, the City will pay to the Authority the following Basic Rent for the Leased Premises on the dates and in the amounts as follows:
Payment of Rental Payments. Lessee shall pay Rental Payments, exclusively from legally available funds, in lawful money of the United States of America, to Lessor in such amounts and on such dates as described in Section 4.02
Payment of Rental Payments. Lessee agrees to pay (commencing on the Commencement Date and continuing during the Lease Term) to Lessor, its successor or assigns, without deduction or offset of any kind, as rental for the use of the Property and Equipment, the following amounts at the following times:
Payment of Rental Payments. The City agrees to pay to the Authority, its successor or assigns, without deduction or offset of any kind, as rental for the use and occupancy of the Project the following amounts at the following times:
Payment of Rental Payments. Section 6.02. Prepayment of Base Rental Payments Section 6.03. Reserve Account ARTICLE VII MISCELLANEOUS Section 7.01. Notices 8 10 11 Section 7.02. Effect of Amendment to Master Project Lease 11 Section 7.03. Execution 12 OHS West:260094513.5 Table of Contents (continued) Page EXHIBIT A DESCRIPTION OF THE 200_ _&_ Site A-1 EXHIBIT B DESCRIPTION OF THE SITE AFTER THE ADDITION OF THE EXHIBIT C BASE RENTAL PAYMENT SCHEDULE C-1 OHS West:260094513.5
Payment of Rental Payments. The County agrees to pay to the Corporation, its successor or assigns, without deduction or offset of any kind, as rental for the use and occupancy of the Facilities the following amounts at the following times:
Payment of Rental Payments. Lessee shall promptly pay Rental Payments under each Property Schedule, exclusively from legally available funds, in lawful money of the United States of America, to Lessor in such amounts and on the Rental Payment Dates described in the applicable Property Schedule, at Lessor's address set forth on the signature page of this Agreement, unless Lessor instructs Lessee otherwise. With respect to any Rental Payment that is not paid on or before the due date thereof, Lessee shall also pay a late charge of five percent (5.0%) of the delinquent Rental Payment or the highest amount permitted by applicable law, whichever is lower.
