Basic Rent. The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.
Basic Rent. Tenant agrees to pay to Landlord at such place as Landlord may designate without deduction, offset, prior notice, or demand, and Landlord agrees to accept as Basic Rent for the leased Premises the total sum of TWO MILLION TWO HUNDRED THIRTY ONE THOUSAND NINE HUNDRED FORTY NINE AND NO/100 ($2,231,949.00) Dollars in lawful money of the United States of America, payable as follows: See Paragraph 43 for Basic Rent Schedule.
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions. Any rental adjustment shown in Item 6 shall be deemed to occur on the specified monthly anniversary of the Commencement Date, whether or not that date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord concurrently with Tenant's execution of this Lease and shall be applied against the Basic Rent first due hereunder.
Basic Rent. In accordance with Paragraph 4A herein, the total aggregate sum --------- of TWO MILLION TWO HUNDRED THIRTY ONE THOUSAND NINE HUNDRED FORTY NINE AND NO/100 DOLLARS ($2,231,949.00), shall be payable as follows: On January 1, 1996, the sum of THIRTY THREE THOUSAND TWO HUNDRED EIGHTY THREE AND 45/100 DOLLARS ($33,283.45) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 1996. On January 1, 1997, the sum of THIRTY FIVE THOUSAND TWO HUNDRED FORTY ONE AND 30/100 DOLLARS ($35,241.30) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 1997. On January 1, 1998, the sum of THIRTY SEVEN THOUSAND ONE HUNDRED NINETY NINE AND 15/100 DOLLARS ($37,199.15) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 1998. On January 1, 1999, the sum of THIRTY NINE THOUSAND ONE HUNDRED FIFTY SEVEN AND NO/100 DOLLARS ($39,157.00) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 1999. On January 1, 2000, the sum of FORTY ONE THOUSAND ONE HUNDRED FOURTEEN AND 85/100 DOLLARS ($41,114.85) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2000; or until the entire aggregate sum of TWO MILLION TWO HUNDRED THIRTY ONE THOUSAND NINE HUNDRED FORTY NINE AND NO/100 DOLLARS ($2,231,949.00) has been paid.
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any rental adjustments shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.
Basic Rent. Tenant agrees to pay to Landlord at such place as Landlord may designate without deduction, offset, prior notice, or demand, and Landlord agrees to accept as Basic Rent for the Premises the total sum of ONE MILLION THREE HUNDRED TWO THOUSAND ONE HUNDRED FOURTEEN AND 00/100 DOLLARS ($1,302,114.00) (the “Aggregate Basic Rent”) in lawful money of the United States of America, payable as follows: Upon Tenant’s execution of this Lease, the sum of NINETEEN THOUSAND SEVEN HUNDRED TWENTY-NINE AND 00/100 DOLLARS ($19,729.00) shall be due, representing the Basic Rent for the full month of May 2006. On June 1, 2006, the sum of NINETEEN THOUSAND SEVEN HUNDRED TWENTY-NINE AND 00/100 DOLLARS ($19,729,000) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2007. On May 1, 2007, the sum of TWENTY THOUSAND SEVEN HUNDRED FIFTEEN AND 45/100 DOLLARS ($20,715.45) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2008. On May 1, 2008, the sum of TWENTY-ONE THOUSAND SEVEN HUNDRED ONE AND 90/100 DOLLARS ($21,701.90) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2009. On May 1, 2009, the sum of TWENTY-TWO THOUSAND SIX HUNDRED EIGHTY-EIGHT AND 35/100 DOLLARS ($22,688.35) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2010. On May 1, 2010, the sum of TWENTY-THREE THOUSAND SIX HUNDRED SEVENTY- FOUR AND 80/100 DOLLARS ($23,674.80) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2011; or until the entire aggregate sum of ONE MILLION THREE HUNDRED TWO THOUSAND ONE HUNDRED FOURTEEN AND 00/100 DOLLARS ($1,302,114.00) has been paid.
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date and shall be applied against the Basic Rent and Operating Expenses first due hereunder; the next installment of Basic Rent shall be due on the first day of the fifth calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions. If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent shall be due and payable in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.
Basic Rent. The Issuer reserves and the Company covenants and agrees to pay to the Trustee hereinafter provided and in the Indenture designated, for the account of the Issuer and during the Basic Term, for deposit in the Principal and Interest Payment Account referred to herein and in the Indenture established, on each Basic Rent Payment Date, Basic Rent in immediately available funds.
Basic Rent. The Lessee shall pay to the Lessor during the Term, the Fixed Basic Rent as defined in the Preamble (hereinafter called "Fixed Basic Rent") payable in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. The Fixed Basic Rent shall accrue at the Yearly Rate as defined in the Preamble and shall be payable, in advance, on the first day of each calendar month during the Term at the Monthly Installments as defined in the Preamble, except that a proportionately lesser sum may be paid for the first and last months of the Term of this Lease if the Term commences on a day other than the first day of the month, in accordance with the provisions of this Lease herein set forth. Lessor acknowledges receipt from Lessee of the first monthly installment by check, subject to collection, for Fixed Basic Rent for the first month of the Lease Term. Lessee shall pay Fixed Basic Rent, and any Additional Rent as hereinafter provided, to Lessor at Lessor's above stated address, or at such other place as Lessor may designate in writing, without demand and without counterclaim, deduction or set off.
