Examples of Basic Rent Payment in a sentence

No interest shall accrue on the amount of any payment made on the Business Day next succeeding the regularly scheduled Basic Rent Payment Date, if such payment is made on such next succeeding Business Day because the original date of payment was not a Business Day (it being understood that the amount of Basic Rent includes Rent for such day).
On each Basic Rent Payment Date, the Lessee shall deliver to the Lessor and the Secured Parties a signed and completed Rent Due and SCV Confirmation Schedule.
Basic Rent is due and payable from the Board no later than the 15th day prior to each Basic Rent Payment Date.
On each Basic Rent Payment Date, Lessee will pay to Lessor as Basic Rent an amount equal to the Basic Rent Amount; provided that on the Delivery Date, Lessee shall pay to Lessor an amount equal to ***** (the “Initial Basic Rent Payment”).
Lessee shall pay to Lessor on each Basic Rent Payment Date an amount of Basic Rent specified opposite each Basic Rent Payment Date on Exhibit B hereto as such amounts may be adjusted pursuant to Section 3 plus accrued interest on Basic Rent previously accrued but unpaid as specified on Exhibit B.

More Definitions of Basic Rent Payment

Basic Rent Payment. DATE shall have the meaning set forth in Section 3(b) hereof.

Basic Rent Payment means the payments of Basic Rent, including with respect to any portion of the Basic Rent, the (i) Interest Portion thereof as set forth pursuant to Section 306 hereof and (ii) the Principal Portion thereof as may be adjusted from time to time pursuant to Section 305 hereof.

Basic Rent Payment. DATES: The 1st day of each month, beginning with May 1, 1995.

Basic Rent Payment means the payments of Basic Rent, including with respect to any portion of the Basic Rent, the (i) Interest Portion thereof as set forth pursuant to Section 4.03 of this Lease, and (ii) the Principal Portion thereof as may be adjusted from time to time pursuant to Section 4.02 hereof.

Basic Rent Payment. Date shall mean the day for payment of Basic Rent determined in accordance with Exhibit C. It is further understood and agreed that if a Basic Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Basic Rent Payment Date shall be made on the preceding Business Day. Business Day shall mean any day other than a Saturday, Sunday or other day on which banking institutions in Dallas, Texas, or San Francisco, California are authorized or required by law to be closed. Cargo Door shall mean the modifications made to the Airframe to convert the same from passenger to cargo configuration, including the cargo door kit manufactured by Aeronautical Engineers, Inc., STC #'s SA1797SO and SA1798SO. Casualty Occurrence shall mean any of the following events with respect to the Aircraft, Airframe or any Engine: (a) loss of such property or its use due to theft or disappearance for a period in excess of sixty (60) consecutive days, or destruction, damage beyond economic repair, or rendition of such property permanently unfit for normal use by Lessee for any reason whatsoever; (b) any damage to such property which results in an insurance settlement with respect to such property on the basis of a

Basic Rent Payment. DATE shall mean the day for payment of Basic Rent determined in accordance with the provisions set forth in Letter Agreement No. 1. It is further understood and agreed that if a Basic Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Basic Rent Payment Date shall be made on the next succeeding Business Day. BUSINESS DAY shall mean any day other than a Saturday, Sunday or other day on which banking institutions in New York, New York are authorized or required by law to be closed.