Basic Rent Date definition

Basic Rent Date means the Delivery Date and the first day of each calendar month thereafter.
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Basic Rent Date. Casualty Value", "Expiration Date", "Installation Date", "Installation Location", "Overdue Rate" and any additional defined terms required shall have the meanings with respect to each item of Equipment set forth on the Equipment Schedule which describes such item of Equipment.
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Basic Rent Date has the meaning set forth in Schedule 2.
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Examples of Basic Rent Date in a sentence

  • The Sublessee shall pay to the Sublessor, as basic rent ("Basic Rent") on each Basic Rent Date during the Basic Term (other than the last day of the Basic Term), an amount equal to the Basic Rent Rate for each Aircraft.

  • The Basic Rent for all Items of Equipment on this Schedule shall be $2,466.67 per month and shall be payable on the first day of each calendar month (to and including the Last Basic Rent Date identified on the relevant Certificate of Acceptance), or, when the first day of the month falls on a nonbusiness day, the first business day thereafter (each such date referred to as a "Basic Rent Date").

  • Basic Rent Date: the First day of each and every calendar month from and including the First Basic Rent Date through the Last Basic Rent Date.

  • On the first Basic Rent Date and each Basic Rent Date thereafter to and including the Last Basic Rent Date, Lessee shall pay Basic Rent to Lessor with respect to each Unit.

  • On the next Basic Rent Date following the date of such notice (or, if such Event of Loss occurs after the Last Basic Rent Date, within thirty (30) days after such notice), Lessee shall pay to Lessor any Rent then due, plus the Casualty Value of the Aircraft determined as of the Basic Rent Date immediately following the date of such notice, together with interest at the Late Payment Rate for the period (if any) from the Basic Rent Date following the date of such notice through the date of payment.

  • On the next Basic Rent Date following the date of such notice (or, if such Event of Loss occurs after the Last Basic Rent Date, within thirty (30) days after such notice), Lessee shall pay to Lessor any Rent then due, plus the Casualty Value of the Aircraft determined as of the Basic Rent Date immediately following the date of such Event of Loss, together with interest at the Late Payment Rate for the period (if any) from the Basic Rent Date following the date of such notice through the date of payment.

  • The Casualty Value of the Aircraft for any Basic Rent Date shall be the amount set forth opposite such Basic Rent Date.

  • Basic Rent Date: the Closing Date and each monthly "anniversary" of the Closing Date.

  • On the next Basic Rent Date following such Event of Loss (or, if the Event of Loss occurs after the Last Basic Rent Date, within thirty (30) days after the Event of Loss), Lessee will pay to Lessor an amount equal to the sum of (A) all Rent then due hereunder, plus (B) the Casualty Value of the Aircraft determined as of such next Basic Rent Date or the Last Basic Rent Date, as applicable.

  • The following terms shall have the respective meanings set forth for such terms in Schedules No. 2 and 2-A for all purposes of the Sublease: Basic Rent Date, Basic Rent Percentage, Basic Term, Renewal Term, Daily Rent Percentage, Expiration Date, First Basic Rent Date, Last Basic Rent Date, Lessor’s Cost and Rent Commencement Date.


More Definitions of Basic Rent Date

Basic Rent Date means each date specified on Exhibit B on which Basic Rent is payable during the Lease Term.
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Basic Rent Date means the 25/th/ day of each month commencing
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Basic Rent Date. Monthly Lease Factor", "Daily Lease Factor", "Lessor's Cost", "Casualty Value", "Casualty Overdue Rate", "Overdue Rate", "Installation Site", Manufacturer", "Machine Type", "Model Number" and "Serial Number" shall have the meanings with respect to each Item of Equipment set forth on the Equipment Schedule which describes that Item of Equipment. If not set forth in an Equipment Schedule, capitalized terms shall have the meaning set forth in this Lease.
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Basic Rent Date means the 25/th/ day of each month commencing --------------- September 25, 2001 and terminating on August 25, 2011 unless otherwise agreed to in writing by Lessor.
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Basic Rent Date means (i) the Rent Commencement Date and (ii) each monthly anniversary of the Rent Commencement Date (provided that if there is no corresponding date in a particular month, the Basic Rent Date for such month shall be the last day of such month) occurring during the Basic Lease Term.
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Related to Basic Rent Date

  • 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.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

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

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • 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 $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

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

  • 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.

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

  • Commencement Date means the date fourteen (14) days after the date the Contract comes into effect or any other date named in the Contract Data.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

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

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

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

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in January 2026.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).