Basic Rent Payment definition

Basic Rent Payment means a payment of Basic Rent.
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Basic Rent Payment. DATE shall have the meaning set forth in Section 3(b) hereof.
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Basic Rent Payment. Date shall mean the 5th calendar day of each month during the Term commencing with the date of the first occurring calendar day of the Term but excluding the Final Basic Rent Payment Date. Beneficiary shall mean Triton Aviation Services V LLC, a California limited liability company, and its successors and assigns. Business Day shall mean any day other than a Saturday, Sunday or other day on which banking institutions in San Francisco, California are authorized or required by Law to be closed.
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Examples of Basic Rent Payment in a sentence

  • Basic Rent is due and payable from the Board no later than the 15th day prior to each Basic Rent Payment Date.

  • Each such Supplemental Lease will include an amended Exhibit A reflecting separately the Principal Portion and the Interest Portion of Basic Rent allocable to the original Lease and to each Supplemental Lease due on each Basic Rent Payment Date as well as the total Basic Rent on each Basic Rent Payment Date.

  • To provide for the timely payment of Basic Rent, the City will pay to the Trustee for deposit in the Lease Revenue Fund not less than five Business Days before each Basic Rent Payment Date, the amount due on such Basic Rent Payment Date.

  • Each Basic Rent Payment, which shall include an interest component (under the column labeled “Interest”), may include a principal component (under the column labeled “Principal”) as set forth on Exhibit A, and shall be paid in lawful money of the United States of America.

  • BASIC RENT PAYMENT DATE: On the first day of the calendar month immediately succeeding the Delivery Date (or on the Delivery Date if delivery occurs on the first day of the calendar month) and on the first day of each succeeding month to and including the Last Basic Rent Payment Date specified below.

  • The Issuer reserves and the Company covenants and agrees to pay to the Trustee hereinafter and in the Indenture designated, for the account of the Issuer and during the Basic Term, for deposit in the Principal and Interest Payment Account referred to herein and in the Indenture established, on each Basic Rent Payment Date, Basic Rent in immediately available funds.

  • A portion of each Basic Rent Payment is paid as, and represents payment of, interest as set forth on Exhibit A (said interest to be attributable to the various Principal Portions in accordance with the per annum rates set forth on Exhibit A).

  • The City will promptly pay all Basic Rent, subject to Sections 3.04 and 4.03, in lawful money of the United States of America on each Basic Rent Payment Date in such amounts as are described on Exhibit A.

  • The Issuer reserves and the Tenant covenants and agrees to pay Basic Rent to the Bank, as assignee of the Issuer, for the account of the Issuer, for deposit in the Debt Service Fund, on each Basic Rent Payment Date.

  • The Issuer reserves and the Company covenants and agrees to pay to the Trustee hereinafter provided and in the Indenture designated, for the account of the Issuer and during the Basic Term, for deposit in the Principal and Interest Payment Account referred to herein and in the Indenture established, on each Basic Rent Payment Date, Basic Rent in immediately available funds.


More Definitions of Basic Rent Payment

Basic Rent Payment means the payments of Basic Rent, including with respect to any portion of the Basic Rent, the (i) Interest Portion thereof as set forth pursuant to Section 306 hereof and (ii) the Principal Portion thereof as may be adjusted from time to time pursuant to Section 305 hereof.
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Basic Rent Payment. Date shall mean the day for payment of Basic Rent determined in accordance with Exhibit C. It is further understood and agreed that if a Basic Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Basic Rent Payment Date shall be made on the preceding Business Day. Business Day shall mean any day other than a Saturday, Sunday or other day on which banking institutions in Dallas, Texas, or San Francisco, California are authorized or required by law to be closed. Cargo Door shall mean the modifications made to the Airframe to convert the same from passenger to cargo configuration, including the cargo door kit manufactured by Aeronautical Engineers, Inc., STC #'s SA1797SO and SA1798SO. Casualty Occurrence shall mean any of the following events with respect to the Aircraft, Airframe or any Engine: (a) loss of such property or its use due to theft or disappearance for a period in excess of sixty (60) consecutive days, or destruction, damage beyond economic repair, or rendition of such property permanently unfit for normal use by Lessee for any reason whatsoever; (b) any damage to such property which results in an insurance settlement with respect to such property on the basis of a
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Basic Rent Payment. DATES: The 1st day of each month, beginning with May 1, 1995.
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Basic Rent Payment. DATE shall mean the day for payment of Basic Rent determined in accordance with the provisions set forth in Letter Agreement No. 1. It is further understood and agreed that if a Basic Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Basic Rent Payment Date shall be made on the next succeeding Business Day. BUSINESS DAY shall mean any day other than a Saturday, Sunday or other day on which banking institutions in New York, New York are authorized or required by law to be closed.
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Basic Rent Payment means the payments of Basic Rent, including with respect to any portion of the Basic Rent, the (i) Interest Portion thereof as set forth pursuant to Section 4.03 of this Lease, and (ii) the Principal Portion thereof as may be adjusted from time to time pursuant to Section 4.02 hereof.
Sample 1
Basic Rent Payment means the payments of Basic Rent, including with respect to any portion of the Basic Rent, the (i) Interest Portion thereof as set forth pursuant to Section 4.03 of this Lease, and (ii) the Principal Portion thereof as may be adjusted from time to time pursuant to Section 4.02 hereof.
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Related to Basic Rent Payment

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

  • 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.

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

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

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

  • 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.

  • Base Rent As defined in Section 3.1.

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

  • 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).

  • 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;

  • 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:

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • 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.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • 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%.

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

  • 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).

  • 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).

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

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

  • 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.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • 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.

  • Delta Payment means as it is described in this Agreement.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).