Basic Term Rent. Commencing on AUGUST 5, 1998 and on the same day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessee shall pay as rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.
Basic Term Rent. On the Basic Term Commencement Date and on each Basic Term Rent Date thereafter (each, a “Rent Payment Date”) during the Basic Term, Lessee will pay as Rent (“Basic Term Rent”) the Basic Term Lease Amount set forth on this Annex B. DATE: , 2014 TIME: PDT PLACE: Van Nuys, California Moelis & Company Manager LLC (“MCM”) hereby delivers, and Moelis & Company Group LP (“LP”) hereby acknowledges receipt and accepts, the Dassault Aviation model Falcon 2000 aircraft, serial number 105, registration number N711PE, together with its Allied Signal model CFE-731-1-1B engines, serial numbers P105342 and P105378 (collectively, the “Aircraft”), and all loose equipment and documents in the Aircraft, on the date, time and location set forth above, in accordance with the Lease dated as of April 15, 2014 between MCM and LP (“Lease”). At the time of delivery, the time and cycles of the Aircraft and its engines were as follows:
Basic Term Rent. Commencing on March 27, 2001, and on the same day of each March, June, September and December thereafter during the Basic Term, Lessee shall pay, in arrears as Rent ("Basic Term Rent") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule. Rent shall be allocated for federal income tax purposes ending on the date such Rent is scheduled to be paid. Each date for the payment of Rent during the Basic Term and any Renewal Term is herein referred to as a "Rent Payment Date".
Basic Term Rent. Commencing on January 1, 2001, and on the last day of each month thereafter (each, a "Rent Payment Date") during the Basic Term, Lessees shall pay as rent monthly installments of principal and interest, each installment in the Principal Amount Amortization (as hereinafter defined), together with interest on the Unamortized Principal Balance (as hereinafter defined) as of the immediately preceding Rent Payment Date (after application of the Rent paid on such date) at the Interest Rate for the Interest Period following such immediately preceding Rent Payment Date (provided, however, that with respect to the first Rent Payment Date, the Interest Rate shall be calculated for the Interest Period following the Basic Term Commencement Date). Interest shall be calculated on the basis of a 360-day year for the actual number of days elapsed.
Basic Term Rent. Commencing on January 1, 1997, and on the same day of each quarter thereafter (each, a "Rent Payment Date") during the Initial Term ("Initial Term Rent"), Lessee shall pay as Rent quarterly installments of principal and interest, in arrears, each installment in the principal amount specified on the attached Amortization Schedule together with interest on the Unamortized Principal Balance as of the immediately preceding Rent Payment Date (after application of the Rent paid on such date) at the Interest Rate for the Interest Period following such immediately preceding Rent Payment Date. Interest shall be calculated on the basis of a 360 day year for the actual number of days elapsed. Said Rent consists of principal and interest components, such principal components being as provided in the Amortization Schedule attached hereto. As used herein, the following terms shall have the following meanings:
Basic Term Rent. Commencing on April 21, 2004 and on the same day of each month thereafter (each a "RENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("BASIC TERM RENT") the Monthly Lease Payment, equal to the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule which Monthly Lease Payment is hereby determined by the parties to be $55,555.00 per month throughout the original term of this Lease.
Basic Term Rent. Commencing on September 1, 2008 and on the same day of each month thereafter (each, a “Rent Payment Date”) during the Basic Term, Lessee shall pay as Rent (“Basic Term Rent”) the product of the Basic Term Lease Rate Factor times the Capitalized Lessor’s Cost of the Aircraft on this Amended and Restated Annex B (SN [Intentionally Deleted]). For the avoidance of doubt, payment to Lessor of the Basic Term Rent due on September 2, 2008 hereunder shall satisfy any requirement to pay Basic Term Rent on September 1, 2008 under the original Annex B [Intentionally Deleted].
Basic Term Rent. Commencing on ___________, 199__, and on the same day of each calendar quarter thereafter during the Basic Term, Lessee shall pay, in arrears, as Rent ("BASIC TERM RENT") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule. Each date for the payment of Rent during the Basic Term and any Renewal Term is herein referred to as a "RENT PAYMENT DATE". The Basic Term Lease Rate Factor has been calculated and the Renewal Term lease rate factor will be calculated on the basis of the Assumed Interest Rate which has been determined in accordance with the Lease. Upon the occurrence of a Default, from and after the date on which Lessor declares such Default and throughout the continuance thereof, the Basic Term Lease Rate Factor or the Renewal Term lease rate factor, as applicable, shall be recalculated on the basis of the Assumed Interest Rate plus two hundred (200) basis points.
Basic Term Rent. Commencing on April 1, 2002, and continuing on July 1, 2002, October 1, 2002 and on the last day of each LIBOR Period thereafter (each, a "Rent Payment Date") during the Basic Term, Lessees shall pay as rent installments of principal and interest, each such installment to be equal to the Principal Amortization Amount (as hereinafter defined) for such Rent Payment Date, if any, together with accrued and unpaid interest on the Unamortized Principal Balance at the Interest Rate. Interest shall be calculated on the basis of a 360-day year for the actual number of days elapsed. As used herein, the following terms shall have the following meanings:
Basic Term Rent. Commencing on April 1, 2002 and on the same day of each month (each a "Payment Date"), Lessee shall pay as rent (i) Fixed Rent for each of the first three months of the Basic Term; and (ii) Variable Rent for each month thereafter. If an adjustment to any installment of rent is made pursuant to the MISCELLANEOUS Section subsection (f) of the Lease after any installment has been paid, the (i) increase, if any, in respect of such paid installment shall be payable in addition to and (ii) decrease, if any, in respect of such paid installment shall be credited against, in each case, the installment of rent due on the payment date next following the date of notice of the adjustment.