Monthly Lease Payment Sample Clauses

Monthly Lease Payment. The Monthly Lease Payment for a Lease shall be calculated in accordance with the method that the Lease Provider uses in its usual course of business for the Lease type requested by the Authorized User, and shall use the Vehicle prices set forth by the Contractor on the applicable Form B (Class 1-2): Mini-Bid Response as a basis for the calculation. Upon request by the Authorized User, the Lease Provider shall provide the Authorized User with a detailed breakdown of the Monthly Lease Payment calculation. Such detailed breakdown shall include, as applicable, the Lease Provider Acquisition Fee, Vehicle Capitalized Cost, Residual Value Percentage, Vehicle Residual Value, Vehicle Depreciation Amount, and Money Factor.
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Monthly Lease Payment. Commencing with the Effective Date and continuing for each consecutive calendar month thereafter during the Term, Clearwire will pay Licensee monthly lease payments in the amounts set forth in this Section 3(b) (each a "MONTHLY LEASE PAYMENT"). All Monthly Lease Payments due to Licensee through and including the month during which the Final Order Date occurs shall accrue and be paid to Licensee in one lump sum within five (5) business days following the Final Order Date. Thereafter, each Monthly Lease Payment shall be paid by the fifteenth (15th) day of the then-current month for which the Monthly Lease Payment is due. The amount of the Monthly Lease Payment shall be as follows: [***] for years one (1) through five (5); [***] for years six (6) through ten (10); [***] for years eleven (11) through fifteen (15); [***] for years sixteen (16) through twenty (20); and [***] for years twenty-one (21) through thirty (30). For the purpose of the preceding sentence, the "years" of this Agreement shall be calculated using the Effective Date as the starting date of year one (1). Unless the Parties otherwise agree during the Term, all Monthly Lease Payments shall be paid by wire transfer in immediately available funds pursuant to wiring instructions provided by Licensee. The Monthly Lease Payment due for any partial calendar month, at the commencement of the Initial Term or expiration of the Term, shall be prorated accordingly, subject to adjustment as provided in Section 3(c).
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Monthly Lease Payment. The Customer shall pay VGS a monthly lease payment in the amount of $ . Customer's first monthly payment is due on the due date of Customer's first VGS utility bill after installation of the Conversion Burner, followed by 107 lease payments due on the due date of Customer's VGS utility bills. The total amount Customer will have paid at the end of the term of this Agreement will be .
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Monthly Lease Payment. 5 Obligee ............................................. 5 Obligor ............................................. 5
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Related to Monthly Lease Payment

  • Lease Payments No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.

  • Rent Payment Tenant shall pay the Base Rent for the Premises and any additional rent provided herein without deduction or offset. Rent for any partial month during the lease term shall be prorated to reflect the number of days during the month that Tenant occupies the Premises. Additional rent means amounts determined under Section 19 of this Lease and any other sums payable by Tenant to Landlord under this Lease. Rent not paid when due shall bear interest at the rate of one-and-one-half percent per month until paid. Landlord may at its option impose a late charge of $.05 for each $1 of rent for rent payments made more than 10 days late in lieu of interest for the first month of delinquency, without waiving any other remedies available for default. Failure to impose a late charge shall not be a waiver of Landlord’s rights hereunder.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • Rent Payments Xxxxxx agrees to pay rent to the Landlord during the term of this Lease in equal monthly installments of $975, which shall be paid on or before the first day of the month. Xxxxxx agrees that if rent is not paid in full on or before 1st day of the month, Tenant will pay a late charge of $97.50 as allowed by applicable Georgia law.The prorated rent from the commencement of this Lease to the first day of the following month is $975, which amount shall be paid at the execution of this Lease. Xxxxxx agrees that rent shall be paid in lawful money of the United States via the Xxxxx Residents App. Rent payments shall be made payable to and mailed or delivered to the following address: P.O. Box 17942 Atlanta, GA 30316. All notices from Tenant to Landlord under this Lease and applicable Georgia law shall be delivered to the above address. Xxxxxx agrees that rent will be deemed paid only once Landlord or Landlord’s agent receives the rent monies, either by mail or by delivery to the above address. If there are multiple Tenants signed to this Lease, all such Tenants are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. A judgment entered against one Tenant shall be no bar to an action against other Tenants.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • Payment of Base Rent Tenant agrees to pay the Base Rent for the Premises. Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term. If the Term begins (or ends) on other than the first (or last) day of a calendar month, the Base Rent for the partial month shall be prorated on a per diem basis. Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

  • Advance Rent The first full month’s rent shall be paid by Tenant to Landlord upon the execution of this Lease as advance rent, provided, however, that such amount shall be held by Landlord as an additional “Security Deposit” pursuant to this Lease until it is applied by Landlord to the first Minimum Monthly Rent due hereunder.

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

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