Lease Rate definition
Lease Rate means for each 20[__]-[__] Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.
Lease Rate means the implicit interest rate used to calculate the Lease Charges that are included in determining the Base Monthly Payments due under the related Closed-End Lease.
Lease Rate means a percentage equal to (a) the then-current Base Monthly Rental multiplied by twelve (12), divided by (b) the aggregate purchase price of all of the Properties paid by Lessor (or Lessor’s predecessor-in-interest).
Examples of Lease Rate in a sentence
Upon removal of a Property pursuant to Section 11.02 or Section 11.03, the Base Annual Rental shall be reduced by an amount equal to the Lease Rate multiplied by the Net Award.
More Definitions of Lease Rate
Lease Rate means the annual rate used to determine Base Rent for each Lease Advance. The Lease Rate is the sum of the applicable Rate Index plus the applicable Rate Spread, computed using the 365/360 method. The Lease Rate includes any accrued Increaser Rate. On each Renewal Date, the Lease Rate will be reset for the Lease Amount based upon the applicable Rate Index plus the applicable Rate Spread in effect on the Rate Determination Date for such Renewal Date.
Lease Rate shall have the meaning given such term in Exhibit "A-1".
Lease Rate means, in relation to a Fee Calculation Reset Day, the rate equal to the Gold lending rate for a period of three calendar months (expressed as a percentage per annum) equal to the LIBOR Rate minus the GOFO rate in respect of such Fee Calculation Reset Day as determined by the Determination Agent. If the Programme Swap Counterparty does not calculate and notify the Determination Agent of the LIBOR Rate and the GOFO rate in respect of any Fee Calculation Reset Day within the time required by the Determination Agent for it to make the necessary determinations and calculations under the Conditions, the Lease Rate in respect of such Fee Calculation Reset Day shall be deemed to be equal to the Lease Rate for the immediately preceding Fee Calculation Reset Day and the Determination Agent shall have no liability to any person in respect thereof. The Lease Rate in respect of each Fee Calculation Reset Day shall be published on the website maintained on behalf of the Issuer at www.etc.db.com (or such other website as may be notified to Securityholders in accordance with Condition 19 from time to time). The Lease Rate as at the Issue Date of this Tranche of ETC Securities is as specified on the website maintained on behalf of the Issuer at www.etc.db.com in respect of such date.
Lease Rate means the implicit interest rate used to calculate the lease charges that are included in determining the base monthly payments due under the related Closed-End Lease.
Lease Rate means for each 2012-1 Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.
Lease Rate means the contractual annual percentage rate of the related Closed-End Lease.
Lease Rate. A per annum rate equal to Eight Percent (8.0%), subject to the Escalator as set forth in Section 3.1(b).