Level Rent Method definition
Level Rent Method means, in relation to the Guaranteed Rent under any Lease Supplement, equal payments of Guaranteed Rent (including both the amortization of Lease Supplement Financed Amount and interest components of rent) on each Rent Payment Date throughout the term of the Lease Supplement (sometimes known as “mortgagestyle” amortization).
Examples of Level Rent Method in a sentence
Rent will be calculated [choose one]: Level Amortization Method; or Level Rent Method.