Lessor Basic Rent definition

Lessor Basic Rent means the scheduled Holder Yield due on the Holder Advances on any Scheduled Interest Payment Date pursuant to the Trust Agreement (but not including interest on (a) any such scheduled Holder Yield due on the Holder Advances prior to the Rent Commencement Date with respect to the Property to which such Holder Advances relate or (b) overdue amounts under the Trust Agreement or otherwise).

Lessor Basic Rent means, for any Rent Period under the Lease, the ----------------- aggregate amount of Yield accrued and unpaid on the Lessor's Invested Amounts pursuant to Section 2.3(a) of the Master Agreement during such Rent Period.

Lessor Basic Rent means, for any Rent Period under the Lease, the aggregate amount of Yield accrued and unpaid on the Lessor's Invested Amounts pursuant to Section 2.3(a) of the Master Agreement during such Rent Period.

Examples of Lessor Basic Rent in a sentence

• This limited quantity reserve is similar to a safety valve, except that the quantity of the reserve is not unlimited as it would be under a pure price ceiling, or it can be seen as a limited opportunity to borrow against future allowance allocations for current use.16 A limited quantity reserve would pose less risk of emissions escalation than a pure price ceiling.

• Lessee will pay to Lessor Basic Rent by no later than 12:00 Noon (Los Angeles time) on each Installment Date.

• The Agent shall distribute, in accordance with Section 13, the Lessor Basic Rent and all other amounts due with respect to the Holder Advances paid to the Agent by the Lessee under the Lease or the other Operative Agreements from time to time.

• Each payment of Basic Rent (and any payment of interest on overdue installments of Basic Rent) received by the Participation Agent shall be distributed by the Participation Agent to the Lenders and the Lessor PRO RATA in accordance with, and for application to, the Tranche A Lender Basic Rent, Tranche B Lender Basic Rent and Lessor Basic Rent then due, as well as any overdue interest or yield due to such Lender or the Lessor (to the extent permitted by applicable law).

More Definitions of Lessor Basic Rent

Lessor Basic Rent means, for any Rent Period under any Lease, the aggregate amount of Yield accrued on the Lessor's Invested Amounts under the Lease under Section 2.3(a) of the Master Agreement during such Rent Period.

Lessor Basic Rent means the scheduled Lessor Yield due on the Lessor Advance on any Scheduled Interest Payment Date.

Lessor Basic Rent means an amount payable quarterly in advance beginning ----------------- on the Acquisition Date in the amount of $9,800.42 and on each third Payment Date and the Expiration Date in an amount equal to the amount that (a) the product of the Eurodollar Lease Rate and $693,750.00, calculated for the number days then elapsed since the previous payment of Lessor Basic Rent over a year of 360 days, exceeds (b) interest earned on the Pledged Securities since the previous payment of Lessor Basic Rent.

Lessor Basic Rent means the amount of accrued and unpaid Yield due on the Lessor Amounts, determined in accordance with Section 4.1 of the Participation Agreement as of any Scheduled Payment Date and excluding (i) any interest at the applicable Overdue Rate on any installment of Lessor Basic Rent not paid when due and (ii) any fine, penalty, interest or cost assessed or added under any agreement with a third party for nonpayment or late payment of Lessor Basic Rent.

Lessor Basic Rent means, (i) with respect to any Scheduled Payment Date, the Holder Advances scheduled to be repaid on such Scheduled Payment Date in accordance with Annex 2(a), Annex 2(b) or Annex 2(c), as the case may be, of the Trust Agreement plus (ii) with respect to any Payment Date, the amount of yield due on the outstanding Holder Advance on any Payment Date pursuant to the Trust Agreement and/or any of the Certificates (but not including interest on any overdue amounts).

Lessor Basic Rent means the sum of Lessor Basic Rent (Yield) plus Lessor Basic Rent (Amortization).

Lessor Basic Rent means, for any Rent Period, the Yield accrued on the ----------------- Lessor's Invested Amount during such Rent Period.