Basic Rent Payment Date definition

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.

Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

Basic Rent Payment Date means each day determined in accordance with Exhibit C upon which a payment of Basic Rent becomes payable. 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.

Examples of Basic Rent Payment Date 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 Date

Basic Rent Payment Date means each date set forth on Exhibit B.

Basic Rent Payment Date means each date listed under the heading ----------------------- "Basic Rent Payment Date" in Exhibit C to the Lease.

Basic Rent Payment Date as set forth in a Rental Schedule with respect to the items of Equipment set forth therein.

Basic Rent Payment Date means May 1, 2012 and the first day of each month thereafter until the principal of, redemption premium, if any, and interest on all Outstanding Bonds have been fully paid or provision made for their payment in accordance with the provisions of the Indenture.

Basic Rent Payment Date means June 20th and December 20th during the Lease Term or Renewal Term, or, if such day is not a Business Day, the next succeeding Business Day.

Basic Rent Payment Date the first day of each consecutive calendar month during the Term. Brokers: defined in the Basic Lease Provisions Building: defined in the Basic Lease Provisions.

Basic Rent Payment Date means the Business Day prior to each Bond Payment Date until the principal of, redemption premium, if any, and interest on the Bonds have been fully paid or provision made for their payment in accordance with the provisions of the Indenture.