Lease Payment Date definition

Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

Lease Payment Date means the date on which the Lessee is required to make a Lease Payment, as specified in an Appendix.

Lease Payment Date means the day falling 3 Business Days prior to a Settlement Date.

Examples of Lease Payment Date in a sentence

• All amounts so advanced by Lessor shall constitute additional rent for the Lease Term for the applicable Property Schedule and shall be due and payable on the next Lease Payment Date and Lessee covenants and agrees to pay such amounts so advanced by Lessor with interest thereon from the date such amounts are advanced until paid at the rate of 12% per annum or the maximum amount permitted by law, whichever is less.

• Failure by the Lessee to pay any Lease Payment required to be paid hereunder by the corresponding Lease Payment Date.

• Any amount held in the Bond Fund, the Interest Account and the Principal Account on any Lease Payment Date (other than amounts resulting from the prepayment of the Lease Payments in part but not in whole under Article IX, and amounts required for payment of past due principal or interest on any Bonds not presented for payment) will be credited towards the Lease Payment then required to be paid hereunder.

• Rental Payments for each Device subject to a Device Lease are payable for each calendar month (or the relevant portion thereof) on the Device Lease Payment Date until the Device Lease for such Device terminates.

• The City is not required to deposit any Lease Payment with the Trustee on any Lease Payment Date if the amounts then held in the Bond Fund, the Interest Account and the Principal Account are at least equal to the Lease Payment then required to be deposited with the Trustee.

More Definitions of Lease Payment Date

Lease Payment Date means, with respect to any Interest Payment Date, the 15th calendar day of the month preceding such Interest Payment Date.

Lease Payment Date means March 1 and September 1 in each year, commencing March 1, 2018, and continuing to and including the date on which the Lease Payments are paid in full.

Lease Payment Date means the Lease Payment Date defined in the Lease.

Lease Payment Date shall have the meaning set forth in Section 3.4(a) hereof.

Lease Payment Date means, with respect to each Lease, January 2 or July 2 during the term of such Lease.

Lease Payment Date means the 15th day of the month preceding each Interest Payment Date (or if the 15th day of the month is not a Business Day, on the next succeeding Business Day).

Lease Payment Date means April 1 and October 1 in each year, commencing April 1, 2021, and continuing to and including the date on which the Lease Payments are paid in full.