Payments Under the Lease Sample Clauses

Payments Under the Lease. (a) The Borrower agrees to direct the Lessee to make all payments to be made by it under the Lease, including all Rentals and all Supplemental Rentals (due and payable under the Lease from and after the Advance Date), directly to the Lease Receivables Account or the Maintenance Reserves Account, as applicable, but in each case excluding any Excluded Payments. The Borrower agrees that, should it receive any such payments or any proceeds for or with respect to the Collateral or as the result of the sale or other disposition thereof (other than payments or proceeds properly received in accordance with the Basic Agreements), it shall hold such payments or proceeds in trust for the benefit of the Lenders and shall promptly forward such payments or proceeds to the Lease Receivables Account or in accordance with the Security Trustee’s instructions.
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Payments Under the Lease. The County acknowledges that Lessee has paid all amounts due under the Lease for Base Rent, Annual Rent, Cost of Services, Additional Rent Amendment (Payment in Lieu of Taxes) and any other amount due from Lessee to the County under the Lease accruing prior to the Effective Date of this Second Amendment and the County hereby forever discharges and releases Lessee from all claims for amounts due under the Lease arising prior to the Effective Date of this Second Amendment.
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Payments Under the Lease. Lessor hereby directs Lessee to pay to Assignee, as and when due pursuant to the Lease, the Applicable Percentage Amount, all Basic Rent, all Supplemental Rent and all payments pursuant to Articles IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds, and other sums paid or payable to Lessor pursuant to the Lease (but excluding any indemnity payments or reimbursements to Lessor from Lessee pursuant to the Lease or otherwise). 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 Lessor for and on behalf of Lessor and may recover any money advanced for any such purpose from Lessor on demand, with interest at the Overdue Rate from the date of advancement; and (b) Assignee is authorized to endorse, in the name of 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 IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds and other sums paid or payable to Lessor pursuant to the Lease) and to endorse and deliver, in the name of Lessor, any instrument or other item of the Rent held by Assignee hereunder, in connection with the sale or collection of the Rent.
Sample 1
Payments Under the Lease. The Lease requires the Contractor to pay monthly rent to Landlord. During the term of the Agreement, the Contractor will receive funding from various sources as consideration for the performance of its obligations to Consumers of the Facility and under the Lease. Such funding shall include eligible Consumers’ SSI/SSA room and board benefits, any state supplemental payments, payment under the Agreement, and funds the Contractor may receive from other sources. From all of these sources of funds, the Contractor shall pay the rent and perform its other obligations under the Lease and under the Agreement. The Contractor shall pay all obligations under the Lease in the manner and under the procedures set forth in the Lease, all of which terms are incorporated herein by this reference.
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Payments Under the Lease. The Employee hereby acknowledges and agrees that binding the Company to a three-year Lease was not in the best interests of the Company. The Employee hereby agrees, on a best efforts basis, to endeavor to assign the Lease to SRU or some other entity determined by the Employee. In the event that the Employee is unable to assign the Lease, he hereby agrees to make any and all payments due under the Lease directly to the landlord, to assume any and all of the tenant's obligations, responsibilities, agreements, or covenants under the Lease, and to indemnify the Company from and against any and all claims, liabilities, losses, costs, damages, or expenses asserted against it or incurred by it in connection with the Lease including, without limitation, attorneys' fees.
Sample 1
Payments Under the Lease. If at any time Tenant is in default under the terms of the Lease, Landlord shall have the right to deliver written notice to Subtenant requiring Subtenant to pay all rent due under the Lease directly to Landlord. Subtenant agrees (and Tenant hereby irrevocably directs Subtenant) to pay such sums directly to Landlord if requested by Landlord (and Subtenant shall have the right to rely upon any such written notice received from Landlord without receipt of confirmation from Tenant and notwithstanding contradictory instructions received from Tenant), and Tenant agrees that any such sums paid by Subtenant may be applied by Landlord against any sums owed by Tenant under the Lease as hereinafter provided, but in all instances such sums paid by Subtenant shall be deemed to have been applied against Subtenant’s obligations under the Sublease. Any such sums received by Landlord from Subtenant shall be received by Landlord on behalf of Tenant and shall be applied by Landlord to any sums past due under the Lease, in such order of priority as required under the Lease or, if the Lease is silent in such regard, then in such order of priority as Landlord deems appropriate. The receipt of such funds by Landlord shall in no manner be deemed to create a direct lease or sublease between Landlord and Subtenant.
Sample 1
Payments Under the Lease a) Rent Office 11,58 EUR per sq. m. and per month Parking 125,86 EUR per parking space per month Terrace 0,0 Euros TOTAL 1.950,87 EUR per month b) plus a Service Charge advance payment of EUR 3,10 per m2 and month as set out in Sec. 3 (4) of this Agreement. The total leaseable area of the building amounts to 4.090,97, and the Lessee’s share amounts to 3,85 % of the total area. There is no separate service charge for either terrace or parking. The cost for servicing these areas is included in Service Charge for the office.
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Payments Under the Lease 
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Related to Payments Under the Lease

  • 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.

  • 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;

  • 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:

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Persons Having Rights Under the Agreement Nothing in this Agreement shall give to any person other than the Company, the Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement.

  • Continuing Security Interest; Assignments under the Credit Agreement This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Obligations, (ii) the Termination Date and (iii) the termination or expiration of all Letters of Credit and all Secured Hedge Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Party herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • 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.

  • Conditions to Each Party’s Obligations under this Agreement The respective obligations of each party under this Agreement shall be subject to the fulfillment at or prior to the Closing Date of the following conditions, none of which may be waived:

  • Continuing Guaranty; Assignments under the Credit Agreement This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty, (ii) the Maturity Date and (iii) the latest date of expiration, termination or Cash Collateralization or provision of Credit Support therefor of all Letters of Credit and the expiration or termination of all Secured Hedge Agreements, (b) be binding upon each Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, transferees and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, any Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Loans owing to it and the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party herein or otherwise, in each case as and to the extent provided in Section 10.07 of the Credit Agreement. Subject to Section 7.04 of the Credit Agreement, no Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

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