Minimum Lease Payment definition

Minimum Lease Payment means, with respect to any Financing Contract that is in the form of a lease agreement, the periodic minimum lease payment due thereunder.
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Minimum Lease Payment means the sum of all payments required for the right to use property for a stated period. This includes but is not limited to:
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Examples of Minimum Lease Payment in a sentence

  • The Minimum Lease Payment will commence following the Equipment’s installation and is billed monthly.

  • The Minimum Lease Payment for any partial month equipment installation(s) will be billed on a pro rata basis, using a 31-day billing month.

  • The Minimum Lease Payment, which may include a monthly copy allowance (guaranteed number of copies), plus any additional Print Charges covers the cost of (i) the use of the equipment; (ii) the equipment’s maintenance; and (iii) consumable supplies, if applicable.

  • At least two (2) Business Days prior to each Basic Rent Payment Date the Lessor shall furnish the Lessee with a summary of the calculations of Basic Rent payable on such Basic Rent Payment Date, which calculations shall be consistent with the Minimum Lease Payment Calculations attached as Exhibit F hereto.

  • At least two (2) Business Days prior to each Basic Rent Payment Date the Lessor shall furnish the Lessee with a summary of the calculations of Basic Rent payable on such Basic Rent Payment Date, which calculations shall be consistent with the Minimum Lease Payment Calculations attached as Exhibit E hereto.

Related to Minimum Lease Payment

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Lease Payments means the rental payments described in Exhibit A hereto.

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

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.