Prepaid Rent definition

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

Prepaid Rent means any payment of money to the landlord for a rent obligation not yet due. In addition, “prepaid rent” means rent paid for a period extending beyond a termination date.

Prepaid Rent means any payment of money to the landlord for a

Examples of Prepaid Rent in a sentence

• If this Lease is terminated pursuant to this Section I, all Prepaid Rent and the Security Deposit shall be returned by Landlord to School, and neither party shall have any further obligations under the terms of this Lease, except as to those matters which specifically survive termination.

• Notwithstanding anything to the contrary in this Agreement, to the extent that either Party fails to perform its obligations as provided in this Agreement, the performing Party shall have the right to cease further activity on development of the Project or on the financing to pay the Prepaid Rent (as defined in the S-Line Incremental Transfer Capability Lease), as applicable, until such time as the non-performing Party resumes performance of its obligations.

• Citizens shall not pay for any costs of the Project prior to the effectiveness of the S-Line Incremental Transfer Capability Lease, and upon such effectiveness Citizens’ responsibility for such costs shall be limited to payment of the Prepaid Rent (as defined in the S-Line Incremental Transfer Capability Lease) pursuant to the S-Line Incremental Transfer Capability Lease.

• Upon receiving Prepaid Rent, the Partnership shall forthwith record in its financial and accounting books the amount of Prepaid Rent received and the Operating Year to which it shall apply.

• Landlord shall not be required to pay Tenant interest on the Prepaid Rent.

More Definitions of Prepaid Rent

Prepaid Rent means that portion of any prepaid rent you paid based on the percentage of your lease remaining at the time of direct physical loss or damage. It does not mean the customary rent due at the beginning of any rental period.

Prepaid Rent means Eighteen Thousand Four Hundred and Forty-Four Dollars and 00/100 ($18,444.00).

Prepaid Rent means and refer to the Prepaid Rent set forth in Item 10 of the Basic Lease Information, subject to the terms of Section 3.1 of the Standard Lease Provisions.

Prepaid Rent means that amount of money demanded by the landlord at the initiation of the tenancy for the purpose of ensuring that rent will be paid, but does not include the first month's rent or money received as security for damage;

Prepaid Rent means the Additional Basic Rent which has been prepaid by Tenant to Landlord on the Commencement Date and which shall be applied as a credit against installments of Additional Basic Rent due under this Lease in the amounts and on the dates specified in Paragraph 1(b) of Exhibit “D”.

Prepaid Rent is defined in Section 2.7;

Prepaid Rent means any rent prepaid by Seller on or prior to the Closing Date under any lease or rental agreement which is an Assumed Contract and which corresponds to a period after the Closing Date.