Supplemental Rent Payment definition

Supplemental Rent Payment means a payment of Supplemental Rent.
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Examples of Supplemental Rent Payment in a sentence

  • The Owner shall provide the County Manager or her designee with a copy of the written calculation of the Off-Site and On-Site Supplemental Rent Payment for each Eligible Household within fifteen (15) days of occupancy of the temporary off-site housing unit by the Eligible Household and on or before each February 1st thereafter during the term of this Agreement.

  • The Owner covenants and agrees to calculate the amount of the Off-Site and On-Site Supplemental Rent Payment for each Eligible Household prior to the execution of a new residential lease by the Eligible Household for its temporary off-site housing residential unit.

  • Special Additional Supplemental Rent payable pursuant to this paragraph on each Sublease Special Additional Supplemental Rent Payment Date shall equal the aggregate amount required to be paid on such date as provided in the appropriate Subordinated Swap Obligation.

  • The Owner shall provide the County Manager or his designee with a copy of the written calculation of On-Site Supplemental Rent Payment for each Eligible Household within fifteen (15) days of occupancy of the temporary on-site housing unit by the Eligible Household and on or before each February 1st thereafter during the term of this Agreement.

  • The Owner covenants and agrees to calculate the amount of the On-Site Supplemental Rent Payment for each Eligible Household prior to the execution of a new residential lease by the Eligible Household for its temporary on-site housing residential unit.

  • Special Supplemental Rent payable pursuant to this paragraph on each Sublease Special Supplemental Rent Payment Date shall equal the aggregate amount required to be paid on such date as provided in the appropriate Parity Swap Obligation.

  • If the new Project units are not ready for occupancy within 48 months of tenant displacement, the tenants may also be eligible to receive a Supplemental Rent Payment equal to an additional six months of rent differential between the market rate rent of the comparable replacement unit at the time of displacement and the rent the displacee paid at the displacement unit.

Related to Supplemental Rent Payment

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

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

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

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

  • Base Rent As defined in Section 3.1.

  • 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.

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

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

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

  • Additional Rents 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.

  • 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.

  • 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:

  • 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).

  • 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.

  • 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.

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

  • 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).

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • 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%.

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

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

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

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

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

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