Interim Rent Payment Date definition
Examples of Interim Rent Payment Date in a sentence
Interim Rent shall be due on the first day of each month during the Interim Funding Period, commencing on the first day of the calendar month next succeeding the Lease Commencement Date with respect to such Unit of Equipment and on the first day of each calendar month thereafter during the Interim Funding Period (provided, however, that the final installment of Interim Rent shall be due on the Basic Term Commencement Date) (each, an "Interim Rent Payment Date").
Interim Rent shall be due on __________, ____ (the "Interim Rent Payment Date").
Interim Rent shall be due on January 1, 1997 (the "Interim Rent Payment Date").
Lessor shall give notice to Lessee and Indenture Trustee at least five Business Days prior to the Interim Rent Payment Date if funds equal to the Lessor Payment Amount will not be paid by Lessor on such date; provided, however, that Lessor's failure to deliver such notice shall not -------- ------- affect Lessee's obligations under this Section 3(c)(ii).
Interim Rent shall be due on December 31, 1997 (the "Interim Rent Payment Date").
The Interim Rent as determined pursuant to Exhibit C hereto in respect of the Aircraft on the Interim Rent Payment Date.
Interim Rent shall be due quarterly in arrears the first business day of the following quarter (the "Interim Rent Payment Date") through the Interim Period.
EXHIBIT B STIPULATED LOSS VALUES* The Stipulated Loss Value of the Equipment as of any Interim Rent Payment Date or any Semiannual Rent Payment Date shall mean the product derived from multiplying (i) the percentage figure opposite such Interim Rent Payment Date or Semiannual Rent Payment Date set forth in the table appearing below by (ii) Lessor's Cost for the Equipment (or the Phase I Equipment in the event Stipulated Loss Value is being determined as of an Interim Rent Payment Date).
By: ----------------------------------- Title: ------------------------------- Date: -------------------------------- By: ----------------------------------- Title: ------------------------------- Date: -------------------------------- [This provision has been omitted as confidential information, and is separately filed with the Commission.] Interim Rent Payment Date: August 1, 1990 LESSOR: POLARIS HOLDING COMPANY By: ----------------------------------- Name: Title: LESSEE, ALOHA AIRLINES, INC.
This Letter Agreement sets forth the Additional Rent, Basic Rent, Basic Rent Payment Date, Interim Rent and Interim Rent Payment Date under the Lease Agreement.