Daily Rent definition

Daily Rent means, as to any Lease, an amount equal to the per diem Rent payable under the applicable Schedule (calculated on the basis of a 360 day year and 30 day months).

Daily Rent means one-thirtieth (1/30) of the Monthly Rent.

Daily Rent means, as to any Lease or Financing, an amount equal to the per diem Rent payable under the applicable Schedule (calculated on the basis of a 360 day year and 30 day months).

Examples of Daily Rent in a sentence

• No failure of Agent to enforce any term of this Agreement shall be deemed a waiver, nor shall any acceptance of a partial payment of Daily Rent or other charges payable by Guest under this Agreement be deemed a waiver of Agent's right to the full amount of Daily Rent and other charges payable by Guest under this Agreement.

• Lessee shall pay to Lessor interest upon the amount of any Daily Rent, Monthly Rent or other sums not paid by Lessee when due and owing under this Lease Agreement, from the due date thereof until paid, at the rate of one and one half (1-1/2) percent per month, but if such rate violates applicable law, then the maximum rate of interest allowed by such law.

• China has undertaken a low key diplomacy in engaging a number of Latin American militaries.

• Lessee will not be charged an additional water usage fee as it is included in the Daily Rent.

• Lessee shall pay to Lessor interest upon the amount of any Daily Rent, Periodic Rent or other sums not paid by Lessee when due and owing under the applicable Lease Schedule, from the due date thereof until paid, at the rate of one and one half percent (1.5%) per month, but if such rate violates applicable law, then at the maximum rate of interest allowed by such law.

More Definitions of Daily Rent

Daily Rent means the daily equivalent of the initial Basic Rent.

Daily Rent is determined by dividing the monthly Basic Rent for the Leased Item by thirty (30).

Daily Rent means the per diem amount set forth in the applicable Lease Schedule.

Daily Rent shall have the meaning set forth in Section 3 of the Lease. Default shall mean an event or circumstance which, after the giving of notice or lapse of time, or both, would become an Event of Default.

Daily Rent means, as to any Lease or Financing, an amount equal to the per diem Rent payable under the applicable Schedule.

Daily Rent means one-thirtieth (1/30) of the Monthly Rent. 2.6 The words "herein", "hereof", and "hereunder" shall refer to this Lease Agreement as a whole and not to any particular section. All other capitalized terms defined in this Lease Agreement shall have the meanings assigned thereto. 3.

Daily Rent means, as to any Lease or Financing, an amount equal to the per diem Rent payable under the applicable Schedule (calculated on the basis of a 360 day year and 30 day months). "END-OF-TERM NOTICE" means, as to any Lease, a written notice delivered by Lessee to Lessor at least 90 days prior to the end of the Initial Term, any Renewal Term or any optional extension of the Initial Term or any Renewal *Term setting forth Lessee's elections pursuant to Section 4 with respect to the Equipment subject to such Lease. Each End-of-Term Notice shall specify with particularity the Units of Equipment to be purchased by Lessee (if any), as to which the Lease is to be renewed (if any) and that are to be returned to Lessor (if any). "EQUIPMENT LOCATION" means, as to any Equipment, the address at which such Equipment is located from time to time, as originally specified in the applicable Schedule and as subsequently specified in a notice delivered to Lessor pursuant to Section 11, if applicable. "EQUIPMENT" has the meaning specified in Section 1. "FAIR MARKET VALUE" means the total price that would be paid for any specified Equipment in an arm's length transaction between an informed and willing buyer (other than a used equipment dealer) under no compulsion to buy and an informed and willing seller under no compulsion to sell. Such total price shall not be reduced by the costs of removing such Equipment from its current location or moving it to a new location. "FAIR RENTAL VALUE" means the amount of periodic rent that would be payable for any specified Equipment in an arm's length transaction between an informed and willing lessee and an informed and willing lessor, neither under compulsion to lease. Such amount shall not be reduced by the costs of removing such Equipment from its current location or moving it to a new location. "FINAL INVOICE AMOUNT" has the meaning set forth in Section 2.A (c). "FINANCED ITEM" has the meaning specified in Section 1.