Imputed Rent definition
Examples of Imputed Rent in a sentence
Subject to Section 2.18(b) below, Note B-2 Lender shall have no obligation to make any ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance after the ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Commencement Date.
If Borrower has not drawn the full amount of the Maximum ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance Amount on or before the Outside Future Advance Date, Note B-2 Lender’s commitment to advance the then unfunded portion of the Maximum ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance Amount shall be of no further force or effect.
Note B-2 Lender’s failure to make a ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance shall not relieve Borrower of its obligation to pay all amounts due in accordance with this Agreement on any Monthly Payment Date.
The amount of each such ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance shall be advanced directly by Note B-2 Lender for credit to the account of Borrower in partial payment of the interest due and payable under the Notes on the Monthly Payment Date on which such amount is advanced.
Note B-2 Lender shall, provided Lender and Note B-2 Lender receive written request from Borrower delivered not later than five (5) Business Days prior to the pending Monthly Payment Date, make a ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance to Borrower on such Monthly Payment Date.
During any calendar month, any Advance Request for a Future Advance shall be for no less than One Hundred Thousand and No/100 Dollars ($100,000) (or, if less, the full amount of the unfunded TI/LC Maximum Advance Amount or Maximum ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Amount, as applicable).
Services of this Exhibit A: 17 Administrative/Overhe PERIOD ONE PERIOD TWO PERIOD THREE PERIOD FOUR 18 ad Costs $750,000 $1,500,000 $1,545,000 $795,675 $4,590,675 19 20 Salaries/Benefits $789,995 $2,106,655 $2,169,854 $1,117,475 $6,183,979 21 Facility Operations 22 Expenses $1,193,841 $3,183,576 $3,279,083 $1,688,728 $9,345,227 23 Less Imputed Rent ($1,380,000) ($1,380,000) ($690,000) ($3,450,000) 24 25 TOTAL COST $2,733,836 $5,410,231 $5,613,937 $2,911,878 $16,669,881 26 27 2.
For any ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advance requested hereunder, the date of the proposed Future Advance is the Monthly Payment Date occurring on ________, 200_.
The proposed Future Advance is requested to be funded from the commitments of the Note B-2 Lender with respect to [TI/LC Advances][▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Imputed Rent Advances].