Tenant Contribution definition

Tenant Contribution means expected proceeds pursuant to tenant lease agreements, which amount shall not in the aggregate exceed $6,725,000 less any amounts previously deposited in the Disbursement Agent Accounts from the Tenant Contribution.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Tenant Contribution. $1,550,000 (Exh. "C") * Confidential treatment requested. 2

Tenant Contribution means the amount payable monthly by the family as rent to the owner; and

Examples of Tenant Contribution in a sentence

• Neither the Program Administrator nor the PJ assumes any obligation for the Tenant Contribution due monthly to the Owner, or the payment of any claim by the Owner against the Tenant.

• Prior to start of construction of the Tenant Improvements, Tenant shall pay to Landlord the amount of the Tenant Contribution set forth in the approved Final Cost Estimate.

• Form RD 3560-8, Tenant Certification, will be completed to document the changes in Net Tenant Contribution.

• The following conditions would not cause a change in the tenant’s Net Tenant Contribution: 1) Monetary or non-monetary default of the Owner.

• Notwithstanding the terms of Section 4 above, Tenant shall be entitled to credit the amount of the Tenant Contribution actually paid by Tenant against the amount of Base Rent due with respect to the Second Expansion Space, to be taken by Tenant as a credit against each such Installment of Base Rent until such credit amount has been exhausted.

More Definitions of Tenant Contribution

Tenant Contribution with the aggregate of such Tenant Contributions being the “Excess Payments”) in an amount equal to (x) the product of the Aggregate Costs and Tenant’s Excess Percentage less (y) the Excess Payments previously received by Landlord from Tenant. Within sixty (60) days (or such longer period as reasonably necessary) of the Substantial Completion Date, defined below, Landlord shall provide Tenant with a statement setting forth the actual costs of the Landlord’s Work and (1) if the actual costs are less than the Estimate, Landlord shall credit such amount, up to a maximum of the Excess Payments, against future payments of Base Rent, or (2) if the actual costs are greater than the Estimate, Tenant shall pay to, reimburse and/or indemnify, as the case may be, Landlord for or from the difference, as Additional Rent, within thirty (30) business days after the receipt of such statement. In connection with any materials or services to be provided directly by or on behalf of Tenant (as opposed to Landlord), Tenant shall make provision for either written waivers of liens from all contractors, laborers and suppliers of materials for such work, the filing of ▇▇▇▇ ▇▇▇▇▇ on behalf of such contractors, laborers and suppliers, or other appropriate protective measures reasonably approved by Landlord.

Tenant Contribution means the funds required to pay for the design and construction of the Project, less the State Funds and City Funds, and subject to Tenant’s right to reimbursement with CID & TDD Revenues, as provided for in this Lease and the Development Agreement;

Tenant Contribution in this Sublease shall be deemed to include a reference to the "New Tenant Contribution" when such latter term is applicable. The amount of the New Tenant Contribution shall be reduced by the amount of the Total Indebtedness immediately after the transfer, if any, but not less than zero. The Tenant Contribution shall be reduced by payment not more frequently than monthly to the extent Operational Proceeds are available after payment of items 1 through 5 in accordance with the Application of Funds provided that the Tenant Contribution shall not be paid below the Coverage Amount. In the event the Coverage Amount exceeds the Tenant Contribution by reason of additional Principal Advances or otherwise, the Tenant Contribution shall not thereafter be increased by payment or retention of funds to meet such standard.

Tenant Contribution as defined in Section 6.08(b)(ii). “Tenant Default” as defined in Section 11.01.

Tenant Contribution means the amount of the monthly contract rent payable by the eligible family to the owner;

Tenant Contribution means the difference between the GMP Contract amount for the Project Costs of the Ballpark less (i) the City Contribution and (ii) the SBL Proceeds.

Tenant Contribution has the meaning set forth in Section 3.5(c).