Aggregate Lease Payment definition

Aggregate Lease Payment means, as of each Lease Payment Date, all Lease Payments then due from Lessee to Lessor hereunder with respect to all Equipment Groups then subject hereto.
View Source

Examples of Aggregate Lease Payment in a sentence

  • The Aggregate Lease Payment Amount, as well as the Individual Lease Payment Amounts, shall be set forth on Exhibit D hereto (the “Lease Payment Schedule”).

  • Fifteen (15) calendar days in advance of the due date for each quarterly Aggregate Lease Payment, Lessor shall submit to Lessee a written invoice stating the Aggregate Lease Payment due on the next Lease Payment Date, and showing the portion thereof comprising each Rental Payment then due with respect to each Equipment Group.

  • At the time of the addition of Spectrum, the Lease Payment Schedule shall be amended to increase the Aggregate Lease Payment Amount and, if applicable, one or more Individual Lease Payment Amounts and to reflect the joinder of any Additional Lessors, in each case, as of the effective date of such amendment set forth as the “Measurement Date” in such amended Lease Payment Schedule.

  • Such monthly lease payment Aggregate Lease Payment Amount represents an aggregate of the individual monthly lease payments to be made in respect of the Spectrum Usage Rights leased, respectively, by the three Lessors, which individual monthly lease payments and the respective percentages of the aggregate monthly lease payment with respect to each Lessor are as follows: (the “Individual Lease Payment Amounts”).

  • At the time of the addition of Spectrum, the Lease Payment Schedule shall be amended as of the Measurement Date to increase the PV Calculations to reflect the related increase in the Aggregate Lease Payment Amount.

  • Unless otherwise provided in an Amortization Summary Sheet, Lessee shall pay Lessor quarterly in arrears an Aggregate Lease Payment amount equal to the aggregate total of all Lease Payments scheduled on all of the Amortization Summary Sheets relating to all Equipment Groups for which the Lease Term has not been terminated.

  • On the Initial Closing Date, Lender shall determine (i) the Allocable Loan Amount and Valuation for each Initial Mortgaged Property, (ii) the Aggregate NOI Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio and (iii) the Aggregate Lease Payment Debt Service Coverage Ratio.

  • Once each Calendar Quarter within twenty (20) Business Days after Borrower has delivered to Lender the reports required in Section 8.03, Lender shall determine the Aggregate NOI Debt Service Coverage Ratio, the Aggregate Lease Payment Debt Service Coverage Ratio, the Aggregate Loan to Value Ratio, Level of Care Diversity Requirements, the Valuations and the Allocable Loan Amounts and whether Borrower is in compliance with the other covenants set forth in the Loan Documents.

  • Changes in Allocable Loan Amount, Valuations, the Aggregate NOI Debt Service Coverage Ratio, the Aggregate Lease Payment Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio shall be made pursuant to Section 2.01(b).

  • Notwithstanding the foregoing, the Supplemental Loan shall be monitored pursuant to Section 2.01 of this Agreement and Lender shall include the Supplemental Loan upon calculating the Aggregate NOI Debt Service Coverage Ratio, the Aggregate Lease Payment Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio, in connection with any Request.

Related to Aggregate Lease Payment

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Aggregate Cap means (x) with respect to any four fiscal quarter period through and including the four fiscal quarter period ended after the consummation of the Empire Acquisition, 20% and (y) thereafter, 15%, in each case, of Consolidated EBITDA for the relevant Test Period (calculated prior to giving effect to any add-backs subject to the Aggregate Cap).