Delinquent Rental definition

Delinquent Rental has the meaning ascribed to such term in Section 10.4(b).
Delinquent Rental as used herein, means any Rental which was due prior to the Closing Date, for which payment thereof has not been made on or before the Proration Time. Delinquent Rental will not be prorated. Purchaser agrees to use good faith collection procedures with respect to the collection of any Delinquent Rental, but Purchaser will have no liability for the failure to collect any such amounts and will not be required to pursue legal action to enforce collection of any such amounts owed to Seller by any Tenant. All sums collected by Purchaser from and after Closing from each Tenant (excluding tenant specific xxxxxxxx for tenant work orders and other specific services as described in and governed by Section 10.4(e) below) will be applied first to the month of Closing, then to current amounts owed by such Tenant to Purchaser and then delinquencies owed by such Tenant to Seller. Any sums due Seller will be promptly remitted to Seller by Purchaser.
Delinquent Rental. Section 12E "Department" Section 29 "Earnest Money" Xxxxion 3B "Escrowee" Section 3B "Exceptions Schedule" Section 9A "False Representation" Section 9D "Farm Lease(s)" Section 2A(iv) "Fee Parcel(s)" Section 2A(i) "Financial Statements" Section 5A(ix) "Ford Tenant Improvement Costs" Section 12H "Hazardous Materials" Section 9A(xxii) "Hazardous Material Laws" Section 9A(xxii) "Household Finance Lease" Section 12H "Illinois Bond Projects" Section 3D "Illinois Bonds" Section 3D "Inspection Period" Section 7A "Intangible Property" Section 2A(vi) "LaSalle" Section 3C "Laws" Section 6G(iv) "Lease Schedule" Section 2A(iv) "Lease(s)" Section 2A(iv) "Leasing Costs" Section 12H "Loan Assumption Requests" Section 3E "Major Tenants" Section 8B(vi) "Mandatory Cure Items" Section 6A(i) "New Contract Matter" Section 14B "New Lease Matter" Section 14A "New Lease Matter Leasing Costs" Section 12H "Non-Assumed Debt" Section 3F "Non-Assumed Debt Projects" Section 3F "Owner(s)" Recital A "Parcel(s)" Section 2A(ii) "Parcel 12" Section 6J "Permitted Exceptions" Section 6E "Personal Property" Section 2A(v) "Prime Indemnification Agreement" Section 7D "Project Contracts" Section 5A(v "Project Purchase Price" Section 3A "Project(s)" Section 2B "Property Schedule" Section 2A(iii) "Proration Date" Section 12A "Purchase Price" Section 3A "Purchaser" Introduction "Purchaser Parties" Section 7A "Rating Agency Evidence" Section 3C "RCRA" Section 9A(xxii) "Relevant Period" Section 30 "Representations" Section 9C "SARA" Xection 9A(xxii) "Seller" Introduction "Seller Estoppel Certificate(s)" Section 8B(vi) "Seller Group" Section 7C "Seller's Rentals" Section 12E "Seller's Share" Section 12F "SEC" Section 30 "Superceded Mortgages" Section 6A(i)(a) "Survey" Section 6B(iii) "Tenant Letters" Section 8B(vi) "Tenant(s)" Section 2A(iv) "Title Commitment" Section 6B(i) "Title Company" Section 6B(i) "Title Defect(s)" Section 6D "Title Defect Notice Section 6D "Title Exception Documents" Section 6B(ii) "Title Policy" Section 6B(i) "Undelivered Title Items" Section 6B(i) "Unpermitted Exceptions" Section 6C "Vacant Parcex(x)" Xxxxxxx 0X(xx)

Examples of Delinquent Rental in a sentence

  • Three objects on a label, with the selection box around all objects.

  • HQ runs the Delinquent Rental Agreements report, which lists all leases that are more than 15 days delinquent.

  • Delinquent Rental Fees are subject to a late charge of in an amount not to exceed the greater of DOLLARS ($ ) or five percent (5%) of each such delinquent payment.

  • Seller shall be entitled to institute legal actions to pursue Delinquent Rental after Closing, but in no event shall Seller be permitted to institute eviction proceedings against any Tenant.

  • These Terms of Use are governed by and construed in accordance with the laws of New Zealand.

  • Date initial payment is received.b. Amount and type of initial payment.3.13.8 Rental Payments and Delinquent Rental AccountsA.

  • The Agency shall follow the Rental Payments and Delinquent Rental Accounts Policies and the Actions to Evict tenant Policies.

  • Delinquent Rental Accounts—Rental agreements for which payment is not received by the seventh day of the month in which it is due shall be classified as delinquent.

  • Reports of Delinquent Rental Accounts—Property Management shall provide a "Delinquent Rental Report" to the RESM twice each month.

  • Purchaser agrees to use good faith collection procedures with respect to the collection of any Delinquent Rental, but Purchaser will have no liability for the failure to collect any such amounts and will not be required to pursue legal action to enforce collection of any such amounts owed to Seller by any tenant.

Related to Delinquent Rental

  • Additional Rental has the meaning set forth in Section 4.03.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • 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:

  • Base Rent As defined in Section 3.1.

  • 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).

  • 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.

  • 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).

  • 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.

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

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • 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.

  • 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.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • 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%.

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

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

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

  • Property Taxes means all real property Taxes, personal property Taxes and similar ad valorem Taxes.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Real Property Taxes shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring during the term of this Lease, including but not limited to, a change in the ownership of the Premises.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • 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.