Minimum lease payments definition

Minimum lease payments means the sum of the aggregate Base Rent payable over the Initial Term and the Extension Term, plus imputed interest on the non-interest bearing portion of the Security Deposit imputed at a market rate of interest for an investment for a similar term, plus the Guaranteed Residual Value, plus the following to the extent paid in cash: custodial and other fees paid by Tenant, and any other reimbursed costs of Landlord paid by Tenant deemed to meet the definition of Minimum Lease Payments under SFAS No. 13.
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Minimum lease payments means the minimum payments received on a lease which include any or all of the following:
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Minimum lease payments. – means the payments and any bargain option that the lessee is or can be required to make over the lease term (i.e. option, the exercise of which is reasonably certain);
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Examples of Minimum lease payments in a sentence

  • Minimum lease payments made under finance leases are apportioned between the finance expense and the reduction of the outstanding liability.

  • Minimum lease payments are apportioned between the finance charge and reduction of the outstanding liability.

  • Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability.

  • Minimum lease payments were the payments over the lease term that the lessee was required to make, excluding any contingent rent.

  • Minimum lease payments made under finance leases are apportioned between finance charges and reduction of the lease liability so as to achieve a constant rate of interest on the remaining balance of the liability.

  • Minimum lease payments made under finance leases are apportioned between the finance costs and the reduction of the outstanding liability.

  • Minimum lease payments under finance leases are apportioned between the finance expense and the reduction of the outstanding liability.

  • Finance lease payments Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability.

  • Minimum lease payments made under finance leases are apportioned between the finance charge and the reduction of the outstanding liability.

  • Minimum lease payments made under finance leases are apportioned between the finance expenses and the reduction of the outstanding liability.

Related to Minimum lease payments

  • Lease Payments means the sum of the Base Rent payments (as increased from time to time) for the applicable period.

  • 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 the Sublease.

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

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Minimum Rent set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

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

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Credit allowance date means with respect to any qualified equity investment:

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Contract Fee means the amount specified as such in the Pricing Supplement.

  • Maximum allowable cost list means a listing of generic drugs used by a pharmacy benefits manager to set the maximum allowable cost at which reimbursement to a pharmacy or pharmacist may be made.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Base Rent $11,700.00 per month ("BASE RENT"), payable on the First(1st) day of each month commencing January 1, 1998 (Also see Paragraph 4.) [X] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum _____ attached hereto.

  • Minimum Contract Value means $20,000.00 (excluding Applicable Taxes).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).