Tenant Payments definition

Tenant Payments. Rents and other Tenant payments and reimbursements under Leases.

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Tenant Payments means any and all rents and other payments payable to --------------- Borrower pursuant to any present or future lease, license or similar agreement of any part of the Property.

Tenant Payments. Upon signing this Agreement, the Tenant will pay the first month’s rent and an additional one month’s rent. The first month’s rent will be applied to the first month the Tenant occupies the space. The additional month’s rent is calculated based on the date of the original moorage agreement and will be kept by the Port as a refundable deposit, and held without interest, until this Agreement is terminated by either party.

Examples of Tenant Payments in a sentence

The Executive Director shall revise and replace the following: (i) Section 2 (Premises) (ii) Section 4 (Rent and Other Tenant Payments), and (iii) Exhibit “A”, as necessary to conform to these modifications.
Delinquent Tenant Payments, if any, shall not be prorated and all rights thereto shall be retained by Seller, who reserves the right to collect and retain such delinquent Tenant Payments.
If at any time after the Closing Purchaser shall receive any such delinquent Tenant Payments (all of which Purchaser shall use reasonable efforts to obtain), Purchaser shall immediately remit such Tenant Payments to Seller, provided that any monies received by Purchaser from a delinquent tenant shall be applied first to current rents then due and payable and then to delinquent rents in the inverse order in which they became due and payable.
At the Closing, the Tenant Payments will remain the possession of Mall II LLC and there shall be no adjustment made to the Closing Payment or any other payments due under this Agreement in respect of such Tenant Payments.
Prior to the Closing, all Tenant Payments held by Developer or by Mall II LLC pursuant to this Section 16.3 (c) shall be maintained in an interest-bearing account.
If the Tenant Payments required to be made by any tenants include percentage rent, additional rent or escalation charges or reimbursements for real property taxes, operating expenses or other charges, Seller and Purchaser shall at the Closing reasonably estimate the unpaid amount thereof attributable to any period prior to the Closing and Purchaser shall pay such amount to Seller at the Closing.
If at any time after the Closing Purchaser shall receive any such delinquent Tenant Payments, Purchaser shall within two (2) business days remit such Tenant Payments to Seller, provided that any monies received by Purchaser from a delinquent tenant shall be applied first to current rents then due and payable and then to delinquent rents in the inverse order in which they became due and payable.
Promptly after the formation of Mall II LLC, Developer shall transfer any Tenant Payments so held by Developer to an account of Mall II LLC.
If the Tenant Payments required to be made by any Tenants include percentage rent, additional rent or escalation charges or reimbursements for real property taxes, operating expenses or other charges, Sellers and Buyer shall at the Closing reasonably estimate the unpaid amount thereof attributable to any period prior to the Closing and Buyer shall pay or credit such amount to Sellers at the Closing.
If at any time after the Closing Buyer shall receive any such delinquent Tenant Payments (all of which Buyer shall use its best efforts to obtain), Buyer shall immediately remit such Tenant Payments to Seller, provided that any monies received by Buyer from a delinquent tenant shall be applied first to current rents then due and payable and then to delinquent rents in the inverse order in which they became due and payable.

More Definitions of Tenant Payments

Tenant Payments means all payments by Tenants pursuant to a Lease or otherwise (including, without limitation, all rents), whether in the form of checks, cash, drafts, money orders, credit, set-off, or any other payments of any kind whatsoever; provided, however, Tenant Payments shall not include Security Deposits except to the extent actually applied to amounts owing under Leases.

Tenant Payments shall have the meaning set forth in Section 5.15.