Initial Lease Payment definition

Initial Lease Payment has the meaning set forth in Section 5.01(a) of this Lease.
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Initial Lease Payment has the meaning specified in Section 3(a).
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Examples of Initial Lease Payment in a sentence

  • Solar Lease Agreement Summary JeffTest Test ▇ ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ YEAR 1 PRODUCTION: 10,356 kilowatt-hours (kWhs) ESTIMATED TOTAL PRODUCTION: 197,571 kWhs Non-refundable Electricity Deposit (due today)† $500 Initial Lease Payment (due at installation) $67,250† Implied cost per kWh, Year 1 $0.343 † Payable by check or credit card.

  • The Lessee represents and warrants that the funds necessary to make the Initial Lease Payment have been set aside by the Lessee for such purpose by means of a capital expense request.

  • Subject to Section 7(a), transfer of de facto control of Clearwire's Capacity shall be effective upon receipt by Licensee of the Warrants and the Initial Lease Payment.

  • No change or modification will be made with respect to any other compensation previously paid to or earned by Licensee under this Agreement, including the Initial Lease Payment.

  • If (i) this Agreement is terminated by reason of uncured material default or material breach by Licensee during the Initial Term, (ii) proper notice of such uncured material default or material breach was provided to Licensee in accordance with Section 12, and (iii) such uncured material default or material breach precludes Clearwire from using Clearwire's Capacity as contemplated in this Agreement, then a portion of the Initial Lease Payment will be refunded to Clearwire ("REFUND").

  • The amount of the Refund will consist of the Initial Lease Payment distributed equally over ten (10) years and adjusted on a pro rata basis to account for the remaining time between the date of termination and the expiration of ten (10) years following the Final Order Date (e.g., if Clearwire terminates this Agreement due to Licensee's uncured material default on the date that is four (4) years after the Final Order Date, then Licensee shall refund Clearwire [***] of the Initial Lease Payment [***].

  • Solar Lease Agreement Summary JeffTest Test 3 ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ YEAR 1 PRODUCTION: 10,356 kilowatt-hours (kWhs) ESTIMATED TOTAL PRODUCTION: 197,571 kWhs Non-refundable Electricity Deposit (due today)† $500 Initial Lease Payment (due at installation) $67,250† Implied cost per kWh, Year 1 $0.343 † Payable by check or credit card.

  • The conveyance of the funds received from IWF to Developer shall, in the aggregate, constitute an Initial Lease Payment.