Threshold Rent definition

Threshold Rent shall have the meaning, with respect to each Property, given such term in the Management Agreement for such Property.
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Examples of Threshold Rent in a sentence

  • Payments by Manager to provide support (“Support Payments”) shall equal the amount by which the sum of (i) Threshold Rent for all Facilities (as determined by the Management Agreement for each Facility) plus (ii) the Minimum Tenant Return for all Facilities, plus (iii) the Debt Service for all Facilities exceeds the Cash Flow from all Facilities.

  • Pursuant to the Management Agreements, Cash Flow, Debt Service, Threshold Rent and the Minimum Tenant Return for all Facilities shall be measured monthly within fifteen (15) days of the end of each calendar month.

  • Within forty-five (45) days following the end of each calendar quarter, Manager shall verify the determination of Cash Flow, Debt Service, Threshold Rent and Minimum Tenant Return with respect all Facilities for such calendar quarter.