Payments Under Lease Sample Clauses

Payments Under Lease. Rent and all other payments due to Landlord under this Lease shall be paid in lawful money of the United States of America without offset or deduction to the name and at the address first given above or to such other persons or parties or at such other places as Landlord may from time to time designate in writing.
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Payments Under Lease. The Lessor will direct the Lessee to -------------------- pay directly to the Assignee, as and when due pursuant to the Lease, the Recourse Deficiency Amount, all Basic Rent, all Supplemental Rent and all payments pursuant to Articles III, X, XIV and XV of the Lease, purchase ------------ - --- -- proceeds or avails, income, Awards, Loss Proceeds, and other sums payable to the Lessor pursuant to the Lease and the other Operative Documents (but excluding any indemnity payments or reimbursements to the Lessor from the Lessee pursuant to the Lease or otherwise). The Assignee may, at its option, although it shall not be obligated to do so, and without waiving or releasing any obligation or Loan Event of Default, at any time perform any Lease covenant required to be performed by the Lessor for and on behalf of the Lessor and may recover any money advanced for any such purpose from the Lessor on demand, with interest at the Overdue Rate from the date of advancement; and (b) the Assignee is authorized to endorse, in the name of the Lessor, any item, howsoever received by it, representing any payment on or other proceeds (including Loss Proceeds) of the Lease (including, without limitation, all Basic Rent, Supplemental Rent, payments pursuant to Articles III, X, XIV and XV of the ------------ - --- -- Lease, purchase proceeds or avails, income, Awards, Loss Proceeds and other sums paid or payable to the Lessor pursuant to the Lease and the other Operative Documents) and to endorse and deliver, in the name of the Lessor, any instrument or other item of the Rent held by the Assignee hereunder, in connection with the sale or collection of the Rent.
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Payments Under Lease. Except as otherwise specifically provided in this Lease, Tenant agrees to pay all Rent provided for herein without demand. The obligation of the Tenant to pay Rent under this Lease is an independent covenant and no act or circumstance whatsoever (whether constituting a default by Landlord or not) will release Tenant from the obligation to pay Rent timely or give rise to any deduction from or setoff against Rent payable hereunder.
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Payments Under Lease. If the Recognized Mortgagee or its Designee or Foreclosure Transferee shall enter into New Tenant's Documents pursuant to this Article and if, upon such termination of this Lease, Tenant, but for such termination, would have been entitled to receive any amount pursuant to the provisions of this Lease, then Owner agrees that, subject to any rights of setoff Owner may have, the same shall be paid to the Recognized Mortgagee or its Designee or Foreclosure Transferee, as the New Tenant under the New Tenant's Documents, in the same manner and to the same extent as it would have been paid or apply the same to or for the benefit of the Recognized Mortgagee or its Designee or Foreclosure Transferee as if this Lease had not been terminated. (f) The provisions of this Section 11.6 shall survive the Expiration of the Term. Section 11.7
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Payments Under Lease. Until FINOVA otherwise directs in writing, Lessee shall pay to FINOVA, as the same shall become due under the Lease, all amounts from time to time payable by Lessee under the Lease, including, without limitation, all "Basic Rent" and all "Supplemental Rent" as each such term is defined in the Lease, which are from time to time payable by Lessee to Lessor under the Lease. All amounts payable by Lessee shall be paid to the account at Citibank, N.A., described below; BANK: Citibank, N.A. New York, New York, ACCOUNT OF: FINOVA Capital Corporation ACCOUNT NO.: 000675126 ABA NO.: 021000089 REFERENCE: Aloha Airlines/N800XX-X000XL All such payments shall be made to the appropriate account by wire transfer of same day funds.
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Payments Under Lease. 3 SECTION 4. POWER OF ATTORNEY IN RESPECT OF LEASE..................... 4 SECTION 5. ASSIGNEE DESIGNATED RECIPIENT............................. 4 SECTION 6. ALLOCATION PURSUANT TO LOAN AGREEMENT..................... 4 SECTION 7. IRREVOCABILITY; SUPPLEMENTAL INSTRUMENTS.................. 4 SECTION 8. AMENDMENTS OR TERMINATION OF LEASE........................ 5
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Payments Under Lease. Until FINOVA otherwise directs in writing, pay to FINOVA, as the same shall become due under the Lease, all amounts from time to time payable by Lessee under the Lease, including, without limitation, all "Basic Rent" and all "Supplemental Rent" as each such term is defined in the Lease. All amounts payable by Lessee shall be paid to the account Citibank, N.A., described below: Bank: Citibank, N.A. New York, New York Account Of: FINOVA Capital Corporation Account No: 4068-0522 ABA No.: 09-1000089 Reference: BJET Other Banking Information: ZQX 32348 ZQX All such payments shall be made to the appropriate account by wire transfer of same day funds.
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Payments Under Lease. Each transfer by the Security Agent to the Indenture Trustee hereunder on account of the payment or discharge of any Owner Trustee Obligation shall be deemed, to the extent of such transfer, to satisfy the obligation of the Lessee to pay any corresponding payment of Rent, Stipulated Loss Value and all other corresponding amounts payable by the Lessee under the Facility Lease, in each case due and payable on such date under the Facility Lease.
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Payments Under Lease 
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Related to Payments Under Lease

  • Payments Under Loan Documents The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation or any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

  • PAYMENTS UNDER INDENTURE Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

  • Payments under this Agreement In the event that one party (the “Owing Party”) is required to make a payment to another party (the “Owed Party”) pursuant to this Agreement, then such payments shall be made according to this Section 7.05.

  • Restriction on Payment Intra-Group Liabilities Prior to the Final Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will, make any Payments of the Intra-Group Liabilities at any time unless:

  • Limitation on Restricted Payments (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly:

  • Payments to Company Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

  • Limitation on Payments In the event that the severance and other benefits provided for in this Agreement or otherwise payable to Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Code, and (ii) but for this Section 5, would be subject to the excise tax imposed by Section 4999 of the Code, then Executive’s benefits under Section 3 will be either:

  • Limitation on Payments and Benefits Notwithstanding any provision of this Agreement to the contrary, if any amount or benefit to be paid or provided under this Agreement would be an “Excess Parachute Payment,” within the meaning of Section 280G of the Code, but for the application of this sentence, then the payments and benefits to be paid or provided under this Agreement shall be reduced to the minimum extent necessary (but in no event to less than zero) so that no portion of any such payment or benefit, as so reduced, constitutes an Excess Parachute Payment; provided, however, that the foregoing reduction shall be made only if and to the extent that such reduction would result in an increase in the aggregate payment and benefits to be provided, determined on an after-tax basis (taking into account the excise tax imposed pursuant to Section 4999 of the Code, any tax imposed by any comparable provision of state law, and any applicable federal, state and local income and employment taxes). Whether requested by the Executive or the Company, the determination of whether any reduction in such payments or benefits to be provided under this Agreement or otherwise is required pursuant to the preceding sentence shall be made at the expense of the Company by the Company’s independent accountant. The fact that the Executive’s right to payments or benefits may be reduced by reason of the limitations contained in this Section 9.3 shall not of itself limit or otherwise affect any other rights of the Executive other than pursuant to this Agreement. In the event that any payment or benefit intended to be provided under this Agreement or otherwise is required to be reduced pursuant to this Section 9.3, cash Severance Benefits payable hereunder shall be reduced first, then other cash payments that qualify as Excess Parachute Payments payable to the Executive, then non-cash benefits shall be reduced, as determined by the Company.

  • Allocation of Payments After Event of Default Notwithstanding any other provisions of this Credit Agreement, after the occurrence and during the continuance of an Event of Default with respect to any Borrower, all amounts collected from such Borrower or received by the Administrative Agent or any Lender on account of amounts outstanding under any of the Credit Documents shall be paid over or delivered as follows: FIRST, to the payment of all reasonable out-of-pocket costs and expenses (including without limitation reasonable outside attorneys’ fees other than the fees of in-house counsel) of the Administrative Agent or any of the Lenders in connection with enforcing the rights of the Lenders under the Credit Documents against such Borrower and any protective advances made by the Administrative Agent or any of the Lenders, pro rata as set forth below; SECOND, to payment of any fees owed to the Administrative Agent or any Lender by such Borrower, pro rata as set forth below; THIRD, to the payment of all accrued interest payable to the Lenders by such Borrower hereunder, pro rata as set forth below; FOURTH, to the payment of the outstanding principal amount of the Loans or Letters of Credit outstanding of such Borrower, pro rata as set forth below; FIFTH, to all other obligations which shall have become due and payable of such Borrower under the Credit Documents and not repaid pursuant to clauses “FIRST” through “FOURTH” above; and SIXTH, the payment of the surplus, if any, to whoever may be lawfully entitled to receive such surplus. In carrying out the foregoing, (a) amounts received shall be applied in the numerical order provided until exhausted prior to application to the next succeeding category and (b) each of the Lenders shall receive an amount equal to its pro rata share (based on each Lender’s Commitment Percentages) of amounts available to be applied.

  • Other Provisions applicable to Adjustments under this Section The following provisions shall be applicable to the making of adjustments of the number of shares of Common Stock for which this Warrant is exercisable and the Warrant Price then in effect provided for in this Section 4:

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