Lessor Basic Rent definition

Lessor Basic Rent means the scheduled Holder Yield due on the Holder Advances on any Scheduled Interest Payment Date pursuant to the Trust Agreement (but not including interest on (a) any such scheduled Holder Yield due on the Holder Advances prior to the Rent Commencement Date with respect to the Property to which such Holder Advances relate or (b) overdue amounts under the Trust Agreement or otherwise).

Lessor Basic Rent means, for any Rent Period under any Lease, the aggregate amount of Yield accrued on the Lessor's Invested Amounts under the Lease under Section 2.3(a) of the Master Agreement during such Rent Period.

Lessor Basic Rent means, for any Rent Period under the Lease, the aggregate amount of Yield accrued and unpaid on the Lessor's Invested Amounts pursuant to Section 2.3(a) of the Master Agreement during such Rent Period.

Examples of Lessor Basic Rent in a sentence

• Lessee hereby agrees to pay to Lessor Basic Rent for each Unit throughout the Basic Term applicable thereto in consecutive monthly installments payable on each Rent Payment Date.

• Lessee hereby agrees to pay Lessor Basic Rent for each Unit throughout the Basic Term applicable thereto in consecutive monthly installments payable on each Rent Payment Date.

• Lessee hereby agrees to pay Lessor Basic Rent for each Unit throughout the Basic Term applicable thereto on the first Rent Payment Date and in consecutive semi-annual installments thereafter payable on each Rent Payment Date.

• Commencing on the first Payment Date following the Base Term Commencement Date, the Lessee shall pay to the Lessor Basic Rent, without offset or deduction, (i) on each Payment Date, (ii) on the Return Date, and (iii) on any date on which this Lease terminates or upon demand following an Event of Default pursuant to Article XVII.

• As rental for the Aircraft, Lessee shall pay to Lessor Basic Rent, in advance, on each Rent Payment Date in respect of each Rent Period.

More Definitions of Lessor Basic Rent

Lessor Basic Rent means the scheduled Lessor Yield due on the Lessor Advance on any Scheduled Interest Payment Date.

Lessor Basic Rent means an amount payable quarterly in advance beginning ----------------- on the Acquisition Date in the amount of $9,800.42 and on each third Payment Date and the Expiration Date in an amount equal to the amount that (a) the product of the Eurodollar Lease Rate and $693,750.00, calculated for the number days then elapsed since the previous payment of Lessor Basic Rent over a year of 360 days, exceeds (b) interest earned on the Pledged Securities since the previous payment of Lessor Basic Rent.

Lessor Basic Rent means the amount of accrued and unpaid Yield due on the Lessor Amounts, determined in accordance with Section 4.1 of the Participation Agreement as of any Scheduled Payment Date and excluding (i) any interest at the applicable Overdue Rate on any installment of Lessor Basic Rent not paid when due and (ii) any fine, penalty, interest or cost assessed or added under any agreement with a third party for nonpayment or late payment of Lessor Basic Rent.

Lessor Basic Rent means, (i) with respect to any Scheduled Payment Date, the Holder Advances scheduled to be repaid on such Scheduled Payment Date in accordance with Annex 2(a), Annex 2(b) or Annex 2(c), as the case may be, of the Trust Agreement plus (ii) with respect to any Payment Date, the amount of yield due on the outstanding Holder Advance on any Payment Date pursuant to the Trust Agreement and/or any of the Certificates (but not including interest on any overdue amounts).

Lessor Basic Rent means, for any Rent Period under the Lease, the ----------------- aggregate amount of Yield accrued and unpaid on the Lessor's Invested Amounts pursuant to Section 2.3(a) of the Master Agreement during such Rent Period.

Lessor Basic Rent means the sum of Lessor Basic Rent (Yield) plus Lessor Basic Rent (Amortization).

Lessor Basic Rent means the Holder Yield due on the Holder Advances on any Scheduled Interest and Yield Payment Date pursuant to the Participation Agreement and the Lease.