SENIOR RENT definition

SENIOR RENT has the meaning set forth in the Security Deposit Agreement.
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SENIOR RENT means the amounts constituting (a) Component B of Basic Lease Rent as set forth on SCHEDULE 1.1 to the Facility Lease (b) any Termination Value, or other amounts payable upon a termination of the Facility Lease or otherwise payable as a result of SECTION 3.4(c) of the Facility Lease and (c) plus fees, expenses and indemnities payable with respect to the Debt Service Reserve Letter of Credit.
Sample 1
SENIOR RENT means the amounts constituting (a) Component B of Basic Lease Rent as set forth on Schedule 1.1 to the Facility Lease; plus (b) Component B of Termination Value as set forth on Schedule 2 to the Facility Lease, or other amounts payable upon a termination of the Facility Lease in respect of or in connection with Component B of Basic Lease Rent or otherwise payable as a result of Section 3.4(c) of the Facility Lease; plus (c) fees, expenses and indemnities payable with respect to the Debt Service Reserve Letter of Credit.
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Examples of SENIOR RENT in a sentence

  • Formerly, he had been responsible for administering the Council‟s PLS but in February 2010, he took up the role of Senior Rent Arrears Officer.

  • Dai, An Advanced Ni–Fe Layered Double Hydroxide Electrocatalyst for Water Oxidation, J.

  • Senior Rent Arrears Officerprocedure manual for Rent Collection and Arrears Management including the promotion of e-govt.2. December 2003 3.

  • In his capacity as Senior Rent Arrears Officer, the Officer said that he had met with Ms A twice in April 2010 to discuss the level of her arrears and the Council‟s notice to quit.

  • In accepting this award, they have promised to return to their home countries at the end of their exchange year to share the values and concepts they experienced during their exchange year.

  • Prior to authorising an eviction, the Principal Income Recovery Officer or the Senior Rent Recovery Officer will attempt to interview the tenant to ensure that the eviction cannot be reasonably avoided, and that the tenant understands the implications of this action.

  • The home may not seek or accept in excess of one-half of any rent rebate monies received under the Senior Rent Rebate and Assistance Act by the resident who is an SSI recipient.

  • Once the paperwork is completed, it is signed off by a line manager, Senior Rent Officer and finally the Neighbourhood and Communities Manager.

  • However, the Bidder must include a statement that their bid either does, or does not meet the Optional requirement.

  • While these big data are collected, the real world industry faces major challenges of lacking competency within their organisations to maximize the use of data, to accurate & thorough analyse of this data and finally take decisive decisions in order to meet the business requirements and maximizing profits.


More Definitions of SENIOR RENT

SENIOR RENT means the Rent, as that term is defined in the Senior Lease, payable by the Authority to VIG under the Senior Lease.
Sample 1

Related to SENIOR RENT

  • Senior Representative means, with respect to any series of Permitted First Priority Refinancing Debt, Permitted Second Priority Refinancing Debt or other Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Senior Lien means the Liens on the Senior Collateral in favor of the Senior Secured Parties under the Senior Collateral Documents.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Senior Lender means each holder of a Senior Note.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Senior Liens means (a) with respect to the ABL Priority Collateral, all Liens securing the ABL Obligations and (b) with respect to the Term Loan Priority Collateral, all Liens securing the Term Loan Obligations.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Landlord Lien State means any state in which a landlord’s claim for rent has priority by operation of Applicable Law over the lien of the Collateral Agent in any of the Collateral.

  • Senior Obligations is defined in Section 5.1 of this Agreement.

  • Landlord Liens means liens on or against the Leased Property or any payment of Rent (a) which result from any act of, or any claim against, Landlord or any owner (other than Tenant) of a direct or indirect interest in the Leased Property, or which result from any violation by Landlord of any terms of this Agreement or the Purchase Agreement, or (b) which result from liens in favor of any taxing authority by reason of any tax owed by Landlord or any fee owner of a direct or indirect interest in the Leased Property; provided, however, that "Landlord Lien" shall not include any lien resulting from any tax for which Tenant is obligated to pay or indemnify Landlord against until such time as Tenant shall have already paid to or on behalf of Landlord the tax or the required indemnity with respect to the same.

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Senior Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • Senior Debt means the principal of, premium, if any, interest (including all interest accruing subsequent to the commencement of any bankruptcy or similar proceeding, whether or not a claim for post-petition interest is allowable as a claim in any such proceeding) and rent payable on or in connection with, and all fees, costs, expenses and other amounts accrued or due on or in connection with, Indebtedness of the Company, whether outstanding on the date of this Indenture or thereafter created, incurred, assumed, guaranteed or in effect guaranteed by the Company (including all deferrals, renewals, extensions or refundings of, or amendments, modifications or supplements to, the foregoing), unless in the case of any particular Indebtedness the instrument creating or evidencing the same or the assumption or guarantee thereof expressly provides that such Indebtedness shall not be senior in right of payment to the Securities or expressly provides that such Indebtedness is “pari passu” or “ junior” to the Securities. Notwithstanding the foregoing, the term Senior Debt shall not include any Indebtedness of the Company to any Subsidiary of the Company. If any payment made to any holder of any Senior Debt or its Representative with respect to such Senior Debt is rescinded or must otherwise be returned by such holder or Representative upon the insolvency, bankruptcy or reorganization of the Company or otherwise, the reinstated Indebtedness of the Company arising as a result of such rescission or return shall constitute Senior Debt effective as of the date of such rescission or return.

  • Senior Priority Obligations means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.

  • Priority Tax Claims means Claims of governmental units of the kind specified in section 507(a)(8) of the Bankruptcy Code.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Forbearance As defined in Section 3.07(a).

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.