Renewal Rent Payment Date definition

Renewal Rent Payment Date means each day determined in accordance with Exhibit C upon which a payment of Renewal Rent becomes payable. If a Renewal Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Renewal Rent Payment Date shall be made on the next succeeding Business Day.
Renewal Rent Payment Date means each day determined in accordance with Exhibit C upon which a payment of Renewal Rent becomes payable.
Renewal Rent Payment Date. The same day and month during each year of the Renewal Term on which Basic Rent was due during the Basic Term (the Basic Rent Payment Dates). If a Renewal Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Renewal Rent Payment Date shall be made on the next succeeding Business Day.

Examples of Renewal Rent Payment Date in a sentence

  • Lessee shall pay rent for the Aircraft in installments on each Basic Rent Payment Date during the Basic Lease Term and on each Renewal Rent Payment Date during the Renewal Lease Term, if any, in advance in immediately available Dollars.

  • Lessee shall pay rent for the Aircraft in installments (1) on each Basic Rent Payment Date during the Basic Lease Term equal to the Basic Rent Amount and (2) on each Renewal Rent Payment Date during any Renewal Lease Term equal to the Renewal Rent Amount, in each case, in advance in immediately available Dollars.


More Definitions of Renewal Rent Payment Date

Renewal Rent Payment Date means (1) the first day of the Renewal Lease Term and (2) the date in each calendar month during the Renewal Lease Term after the first day of the Renewal Lease Term corresponding to the first day of the Renewal Lease Term (or, if no corresponding date exists in any such calendar month, the last day of such month).
Renewal Rent Payment Date means each date on which Renewal Rent is to be paid in accordance with Exhibit C hereto.
Renewal Rent Payment Date. The same day and month during each year of the Renewal Term on which Basic Rent was due (the Basic Rent Payment Dates). If a Renewal Rent Payment Date shall fall on a

Related to Renewal Rent Payment Date

  • 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.

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

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

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

  • 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 Rent As defined in Section 3.1.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

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

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

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

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

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

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • 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.

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

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

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • 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).

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.