Base Payments definition

Base Payments means the minimum base rent or owner’s priority payment that an Owner is entitled to receive under an Operating Agreement. The term excludes: (a) payments (such as real estate taxes, insurance premiums, and costs of maintenance) that the Operating Agreement requires the Operator to pay third parties; (b) any element of rent or owner’s priority payment that is conditional, contingent, or not yet capable of determination; and (c) FF&

Base Payments means that portion of the Acquisition Payments specified in Section 4.1 hereof as Base Payments.

Base Payments means that portion of the Installment Payments specified in Section 4.1 hereof as Base Payments.

Examples of Base Payments in a sentence

• Each Lease (other than an Advance Payment Plan Lease) provides for Total Payments that include Base Payments.

• The Settlement Fund Administrator will allocate Base Payments under subsection VII.D among the Settling States in proportion to their respective State Allocation Percentages.

• Base Payments for each Settling State will then be allocated 15% to its State Fund, 70% to its Abatement Accounts Fund, and 15% to its Subdivision Fund.

• Non- Participating Subdivisions and Non-Participating Special Districts shall not directly receive any portion of any Base Payments or Incentive Payments, including from the State Fund and direct distributions from the Abatement Accounts Fund; however, a Settling State may choose to fund future Opioid Remediation that indirectly benefits Non-Participating Subdivisions and Non-Participating Special Districts.

• If Operating Agreement(s) for multiple Hotels do not separately allocate Base Payments to such Hotels, then Base Payments shall be reasonably allocated among such Hotels (where necessary) in a manner satisfactory to the Administrative Agent.

More Definitions of Base Payments

Base Payments means the Base Payments as defined in the Facilities Agreement.

Base Payments means the minimum base rent or owner’s priority payment that an Owner is entitled to receive under an Operating Agreement. The term excludes: (a) payments (such as real estate taxes, insurance premiums, and costs of maintenance) that the Operating Agreement requires the Operator to pay third parties; (b) any element of rent or owner’s priority payment that is conditional, contingent, or not yet capable of determination; and (c) FF&E Reserves. If Operating Agreement(s) for multiple Hotels do not separately allocate Base Payments to such Hotels, then Base Payments shall be reasonably allocated among such Hotels (where necessary) in a manner satisfactory to the Administrative Agent.

Base Payments means the payments payable by the System pursuant to Section1.05 of this Indenture and Exhibit B hereto, as it may be amended, during the Agreement Term. "Board" means the Board of Regents of the System.

Base Payments. Any and all payments currently made by DHS to Eligible EMS Providers, including Participating Providers, for Assessment Fee Services provided by such Eligible EMS Providers to Arkansas Medicaid beneficiaries, which does not include any Medicaid supplemental payments.

Base Payments means the Base Payments as defined in the Facilities Agreement. “Bond,” “Bonds” means the Bond or Bonds issued and secured under the terms hereof.

Base Payments means the payments payable by the System pursuant to Section

Base Payments shall have the meaning set forth in the Purchase and Use Agreement. “Beneficial Owner” means any purchaser who acquires a beneficial ownership interest in a Xxxx held by the Securities Depository. In determining any Beneficial Owner, the City, the Corporation, the Trustee and the Paying Agent may rely exclusively upon written representations made by and information given to the City, the Corporation, the Trustee and the Paying Agent, as the case may be, by the Securities Depository or its Participants with respect to any Bond held by the Securities Depository or its Participants in which a beneficial ownership interest is claimed.