Shared Rent definition

Shared Rent means the portion, if any, of payments received by a Project Company in respect of such Project Site that such Project Company has agreed to pay to the site owner (or predecessor thereof) or to an Affiliate of the Co-Issuers pursuant to an agreement to share a portion of such payments.
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Shared Rent means, with respect to any Collection Period and a Tenant Site Asset, the portion, if any, of payments received by an Asset Entity in respect of such Tenant Site Asset that such Asset Entity has agreed to pay to the Site Owner (or predecessor thereof) or to an Affiliate of the Issuer pursuant to an agreement to share a portion of such payments and which is attributable to such Collection Period.
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Shared Rent means the aggregate of all (a) Sublease Rents (as defined in Section 1.182), (b) condemnation awards, (c) proceeds of rental loss insurance, (d) proceeds of property insurance in excess of the amount necessary to fully reconstruct the damaged or destroyed portions of the Premises, Improvements or Infrastructure which are covered by such insurance, (e) any amount required to be added pursuant to Section 13.5(g), and
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Examples of Shared Rent in a sentence

  • Pursuant to the Management Agreement, all available funds on deposit in the Lock Box Account attributable to the Tenant Site Assets (other than Shared Rent which will be transferred at the direction of the Manager), shall be transferred by the Manager to the Indenture Trustee and deposited into the Collection Account within two (2) Business Days of receipt.

  • The Indenture Trustee may, from time to time in accordance with the direction of the Manager, without regard to the priorities set forth in Article V, to make withdrawals from the Collection Account to pay Shared Rent at the direction of the Manager.

  • The Issuer shall cause all amounts on deposit in the Lock Box Account attributable to the Tenant Site Assets (other than Shared Rent which shall be transferred at the direction of the Manager) to be transferred to the Indenture Trustee for deposit into the Collection Account within two Business Days of receipt thereof.

Related to Shared Rent

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

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • 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;

  • Basic Rent means the rent payable for the Aircraft pursuant to Section 3.2.1(a) of the Lease.

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