Monthly Rental Payment definition

Monthly Rental Payment. Any payment of rent (including without limitation any Basic Rent, including any increases thereto, additional rent or percentage rent) under the related Credit Lease by or on behalf of the Tenant with respect to any Mortgaged Property.
Monthly Rental Payment means the amount paid by You each month to the Contract Hire or Lease Company for the use of the Vehicle and excluding any service plans, fuel, insurance Premiums, Contract Hire arrangement fees, new vehicle registration fees and road fund licence fees.3.15 Motor Dealer means a Vehicle dealership or Vehicle distribution business that sells new or used Vehicles at the retail level, based on a dealership contract with a manufacturer or its sales subsidiary. It employs automobile salespeople to sell their automotive Vehicles. It may also provide maintenance services for Vehicles, and employ automotive technicians to stock and sell spare automobile parts and process warranty claims.
Monthly Rental Payment means and refers to payments to any Defendant

Examples of Monthly Rental Payment in a sentence

  • As soon as practicable thereafter, Lessor shall provide Lessee with written notice of any increase in the Monthly Rental Payment.

  • If Lessee does not surrender the Equipment to Lessor as herein provided, Lessee will be in default of this Lease as to such Equipment, and Lessee shall pay Lessor, as liquidated damages and not as penalty, an amount equal to one hundred ten percent (110%) of the Monthly Rental Payment applicable to such Equipment.

  • The first Regular Monthly Rental Payment shall be paid to OWNER on the delivery date of the Aircraft, and each subsequent Regular Monthly Rental Payment shall be due and payable to OWNER on or before the same day of each succeeding month (hereinafter “Monthly Rental Payment Date”) during the lease term.

  • The Total Monthly Rental Payment listed on the front side shall be received by Allegro Music on or before its due date.

  • Div.) (holding issue raised in brief but not designated in notice of appeal was not properly before court), aff'd o.b., 138 N.J. 41 (1994), but we choose to consider the issue because of its similarity to plaintiff's summary judgment issue.

  • To the extent that NationsRent does not pay any Monthly Rental Payment or any other amount due under this Agreement when due and owing, NationsRent agrees to pay Boston Rental 1.5% per month interest on such delinquent amounts, but not to exceed, however, the maximum permitted by applicable law.

  • If a student is not wearing the entire college issued/approved uniform, they will be asked to leave campus or clinical setting.

  • Lessee will immediately notify Lessor in writing of any substantial damage, theft or loss which makes any Vehicle unfit for continued or repairable use at which time Lessee will pay to Lessor the Stipulated Loss Value for the Vehicle calculated as of the day upon which the next Regular Monthly Rental Payment is due, together with all other sums then owed in connection with the Vehicle.

  • Monthly Rental Payment or Monthly Rental Arrears Payment made on behalf of the eligible applicant to landlord/property management agent or company for a maximum of $1,000 per month for a period not to exceed December 31, 2020; orTBRA assistance will not be paid directly to households, but rather to the bona fide landlord or property management company.

  • Monthly Rental Payment made on behalf of eligible household to landlord/property management agent or company of up to $1,000 per month for a maximum of 3 months; orb.

Related to Monthly Rental Payment

  • 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.

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

  • 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.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • 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.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Additional Rental has the meaning set forth in Section 4.03.

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

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Additional Rent means all amounts, other than Basic Rent and any Security Deposit, required to be paid by the Tenant to the Landlord in accordance with this Agreement.

  • 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.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

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

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Delta Payment means as it is described in this Agreement.

  • 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.

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Percentage Rent As defined in Subsection 3.1(b).