Rental Payment Period definition

Rental Payment Period means the twelve-month period commencing June 1 of each year and ending the following May 31, and the initial period commencing on the effective date hereof and ending the following May 31.
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Rental Payment Period has the meaning set forth in the Facilities Lease.
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Rental Payment Period means the twelve-month period commencing December 1 of each year and ending the following November 30, and the initial period commencing on the effective date hereof and ending on November 30, 2022.
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Examples of Rental Payment Period in a sentence

  • The parties hereto have agreed and determined that such total rental payable for each Rental Payment Period represents the fair rental value of the Facilities for each such period.

  • Base Rental Payments shall be calculated on an annual basis, for each Rental Payment Period, and each annual Base Rental shall be divided into two interest components, due on December 1 and June 1, and one principal component, due on June 1, except that the first Rental Payment Period commences on the date of recordation of this Sublease and ends on [May 31, 2014].

  • Such payments of Base Rental Payments and Additional Payments for each rental period during the term of this Sublease shall constitute the total rental for said Rental Payment Period and shall be paid by the County in each Rental Payment Period for and in consideration of the right of use and occupancy of, and continued quiet use and enjoyment of, the Facilities during each such period for which said rental is to be paid.


More Definitions of Rental Payment Period

Rental Payment Period means the interval at which rent is payable under a tenancy agreement; («terme»)
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Rental Payment Period. Monthly Latest Commencement Date: June 30, 1998 Length of Initial Term: 60 Months THIS SCHEDULE SHALL BE GOVERNED BY THE TERMS AND CONDITIONS OF THE MASTER EQUIPMENT LEASE AGREEMENT REFERENCED BY THE LEASE NUMBER SPECIFIED ABOVE (AGREEMENT) BY AND BETWEEN LESSEE, AS LESSEE, AND LESSOR OR AT&T CAPITAL CORPORATION OR ANY AFFILIATE OR SUBSIDIARY THEREOF, AS LESSOR, AND BY THE TERMS AND CONDITIONS SET FORTH ON THE FRONT AND BACK OF THIS SCHEDULE. PURSUANT TO SUCH TERMS AND CONDITIONS (WHICH LESSEE ACKNOWLEDGES THAT IT HAS READ AND UNDERSTANDS), LESSEE AGREES TO LEASE FROM LESSOR (AS SPECIFIED BELOW) AND LESSOR AGREES TO LEASE TO LESSEE THE ABOVE REFERENCED EQUIPMENT. IT IS UNDERSTOOD AND AGREED THAT THE TERMS AND CONDITIONS OF THIS SCHEDULE MAY BE DIFFERENT FROM THE TERMS AND CONDITIONS OF PRIOR SCHEDULES AND THAT ANY ASSIGNMENT OR TRANSFER PURSUANT TO SECTION 23 OF THE AGREEMENT BY LESSOR OR ANY ASSIGNEE SHALL NOT MATERIALLY CHANGE LESSEE'S OBLIGATIONS HEREUNDER, LESSEE REPRESENTS AND WARRANTS THAT IT SHALL LOOK ONLY TO THE SELLER FOR ANY AND ALL CLAIMS AND WARRANTIES RELATING TO THE EQUIPMENT AND THAT IT ETHER HAS REVIEWED, APPROVED AND RECEIVED A COPY OF THE APPLICABLE PURCHASE DOCUMENTS OR HAS BEEN INFORMED BY THE LESSOR THAT IT MAY HAVE RIGHTS UNDER THE PURCHASE DOCUMENTS AND MAY CONTACT SELLER FOR A DESCRIPTION OF SUCH RIGHTS, TO THE EXTENT PERMITTED BY APPLICABLE LAW, LESSEE WAIVES ANY AND ALL RIGHTS AND REMEDIES CONFERRED UPON LESSEE BY ARTICLE 2A OF THE UCC AND ANY RIGHTS NOW OR HEREAFTER CONFERRED BY STATUTE OR OTHERWISE THAT MAY LIMIT OR MODIFY THE LESSOR'S RIGHTS AS DESCRIBED IN THE AGREEMENT, THIS SCHEDULE OR ANY OTHER FUNDAMENTAL AGREEMENT, (AS DEFINED IN THE AGREEMENT). Lessee: Independent Bankshares, Inc. By: /s/Xxxxx X. Xxxxxxxxxx ----------------------------- Lessee Authorized Signature Xxxxx X. Xxxxxxxxxx, President/CEO ---------------------------------- Print Name and Title June 23, 1998 ---------------------------------- Date AT&T CREDIT CORPORATION By: ----------------------------- Lessor Authorized Signature ---------------------------------- Print Name and Title ---------------------------------- Date ORIGINAL MASTER EQUIPMENT LEASE AGREEMENT: A207100 SCHEDULE 50850 EXHIBIT A EQUIPMENT LOCATIONS:
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Rental Payment Period means the twelve-month period commencing December 18 of each year and ending the following December 17, and the initial period commencing on the effective date hereof and ending on December 17, 2020.
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Related to Rental Payment Period

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Payment Period means the three months following each Collection Quarter.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.