Basic Rent Credits definition

Basic Rent Credits mean all funds on deposit in the Principal and Interest Payment Account and available for the payment of principal of and interest on the Bonds on any Payment Date.
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Basic Rent Credits means all funds on deposit in the Principal and Interest Fund and available for the payment of principal of, redemption premium, if any, and interest on the Bonds on any Bond Payment Date.
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Basic Rent Credits means all funds on deposit in the Debt Service Account and available for the payment of principal of, redemption premium, if any, and interest on the Bonds on any Bond Payment Date, and shall include payments made by or on behalf of the Tenant directly to the Paying Agent for the Bonds.
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Examples of Basic Rent Credits in a sentence

  • In the basic specification, we use DW-NOMINATE scores to measure biases.20 As a robustness check, in the Supplementary Appendix, we present the same analysis as below using ADA scores.21In the main specification we identify the floor’s position with the majority leader’s DW- NOMINATE score, and compute the bias of a member as the DW-NOMINATE score difference between the member and the majority leader.

  • Any amounts remaining in the Costs of Issuance Account 30 days prior to the first Interest Payment Date shall be transferred to the Debt Service Fund as Basic Rent Credits.


More Definitions of Basic Rent Credits

Basic Rent Credits shall have the meaning set forth in the Series 2018 Bond Resolution.
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Basic Rent Credits means all funds on deposit in the Principal and Interest Account and available for the payment of the principal of, redemption premium, if any, and interest on the 2020 Bonds and Additional Bonds on any Payment Date, including any accrued interest received at the time of issuance and delivery of the Bonds and any capitalized interest deposited in the Principal and Interest Account pursuant to the terms of the Indenture.
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Basic Rent Credits means (i) all funds on deposit in the Principal and Interest Payment Account and available for the payment of principal of, redemption premium, if any, and interest on the Bonds on any Bond Payment Date and (ii) all payments made directly to the Paying Agent for the payment of principal of, redemption premium, if any, and interest on the Bonds as permitted by the Lease.
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Basic Rent Credits means all funds on deposit in the Debt Service Fund and the Capitalized Interest Fund and the accounts contained therein and available for the payment of principal of, premium, if any, and interest on the Bonds on any Payment Date.
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Related to Basic Rent Credits

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Base Rent As defined in Section 3.1.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.