First Rental Payment definition

First Rental Payment means the payment You must make on the Commencement Date before We authorise the delivery of the Goods to You.
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First Rental Payment means the sum of IR(pound sterling)18,059.76 being the first payment of rent and licence fee payable under Clause 3.1 hereof covering the period from the Rent Commencement Date to the day before the Quarterly Gale Xxx immediately following the Rent Commencement Date;
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Examples of First Rental Payment in a sentence

  • If the payment is due on a non-Business Day You must pay on the preceding Business Day.The First Rental Payment is due on the Commencement Date specified in the Rental Schedule.

  • Customer shall pay the Monthly Rental Fee in advance of delivery of the Container(s) (the “First Rental Payment”), and pay the subsequent rent on the monthly anniversary of the First Rental Payment, or the last day of the month if the corresponding date does not exist in the subsequent month (the “Monthly Rental Fee Due Dates”).

  • The First Rental Payment is due on the Commencement Date specified in the Rental Schedule.

  • YES _____ NO __X___ Rental Payment: $167,057.50 The First Rental Payment shall consist of the sum of the following: one (1) Rental Payment; Advance Rent (if any); an amount equal to 1/30th of the Rental Payment multiplied by the number of days from and including the Commencement Date to, but excluding, the First Rental Payment Due Date.

  • You must make the following payments to Us on the following dates: Payment The date when the payment is due and payable First Rental Payment Commencement Date Rent Payments Payment Due Date Any Fees that are or may be payable in connection with this Agreement In accordance with the terms of this Agreement During the application process, We will ask You to select the frequency that You wish to pay rent on the Goods.

  • The Market Value for each Good is specified in Table 1 of the Rental Schedule.Payment Due Date means the day or date that We apply the Rent Payment (other than the First Rental Payment) to the rent that is due for the Good.

  • We will not authorise the delivery or the release of the Goods to You until We have received the First Rental Payment.

  • Tenant shall pay the Base Rental, together with one-twelfth (1/12) of the Base Rental Adjustment, in advance without demand on the First Rental Payment Date and on the first day of each succeeding calendar month during the Term of this Lease.

  • The use of virtual meeting facilities should support the work of the steering group, so as to avoid unnecessary travel.

  • The First Rental Payment Notice will also include an “Additional Rent” to cover profit during the construction period that is equivalent to cumulative Advance against Rentals and will be paid by KATCAM through setting-off the Advance against Rentals already paid. As per the principles of Shariah the amount of Advance against Rentals received before the completion of asset and Commencement Date cannot be recorded as income by the Musharaka Financiers.

Related to First Rental Payment

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • 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.

  • Delta Payment means as it is described in this Agreement.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

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

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

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

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

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

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Fair Rental Value as used in this Lease, shall be equal to the annual rent per rentable square foot (including additional rent and considering any “base year” or “expense stop” applicable thereto), including all escalations, at which tenants (pursuant to leases consummated within the twelve (12) month period preceding the first day of the Option Term), are leasing non-sublease, non-encumbered, non-equity space which is not significantly greater or smaller in size than the subject space, with a comparable level of improvements (excluding any property that Tenant would be allowed to remove from the Premises at the termination of the Lease), for a comparable lease term, in an arm’s length transaction, which comparable space is located in the “Comparable Buildings,” as that term is defined in this Section 2.2.2, below (transactions satisfying the foregoing criteria shall be known as the “Comparable Transactions”), taking into consideration the following concessions (the “Concessions”): (a) rental abatement concessions, if any, being granted such tenants in connection with such comparable space; (b) tenant improvements or allowances provided or to be provided for such comparable space, and taking into account the value, if any, of the existing improvements in the subject space, such value to be based upon the age, condition, design, quality of finishes and layout of the improvements and the extent to which the same can be utilized by a general office/lab user other than Tenant; and (c) other reasonable monetary concessions being granted such tenants in connection with such comparable space; provided, however, that in calculating the Fair Rental Value, no consideration shall be given to the fact that Landlord is or is not required to pay a real estate brokerage commission in connection with Tenant’s exercise of its right to extend the Lease Term, or the fact that landlords are or are not paying real estate brokerage commissions in connection with such comparable space. The Concessions shall be reflected in the effective rental rate (which effective rental rate shall take into consideration the total dollar value of such Concessions as amortized on a straight-line basis over the applicable term of the Comparable Transaction (in which case such Concessions evidenced in the effective rental rate shall not be granted to Tenant)) payable by Tenant. The term “Comparable Buildings” shall mean the Building and those other life sciences buildings which are comparable to the Building in terms of age (based upon the date of completion of construction or major renovation of to the building), quality of construction, level of services and amenities, size and appearance, and are located in South San Francisco, California and the surrounding commercial area.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • 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).

  • 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

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • 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.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • 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).