Common use of Additional Rentals Clause in Contracts

Additional Rentals. The Lessee shall pay Additional Rentals during each fiscal year for which funds are appropriated to pay Base Rentals. The Additional Rentals shall be paid by the Lessee on a timely basis, directly to the person or entity to which such Additional Rentals are owed (except that payments into the Reserve Fund are to be made to the Trustee as provided in the Indenture).

Appears in 5 contracts

Samples: Sublease Agreement, Facilities Lease Agreement, Facilities Lease Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!