Common use of Deferred Rent Clause in Contracts

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Million One Hundred Seventy-Five Thousand Two Hundred Thirty-Nine and 00/100ths Dollars ($14,175,239.00) in sixteen (16) equal quarterly installments of Eight Hundred Eighty-Five Thousand Nine Hundred Fifty-Two and 00/100ths Dollars ($885,952.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Samples: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

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Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Twelve Million One Six Hundred SeventyThree Thousand Eighty-Five Thousand Two Hundred Thirty-Nine and 00/100ths Dollars ($14,175,239.0012,603,085.00) in sixteen (16) equal quarterly installments of Eight Seven Hundred Eighty-Five Seven Thousand Nine Six Hundred FiftyNinety-Two Three and 00/100ths Dollars ($885,952.00787,693.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Samples: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Twelve Million One Nine Hundred SeventySixty Thousand Eight Hundred Sixty-Five Thousand Two Hundred Thirty-Nine Seven and 00/100ths Dollars ($14,175,239.0012,960,867.00) in sixteen (16) equal quarterly installments of Eight Hundred Eighty-Five Ten Thousand Nine Hundred Fifty-Two Four and 00/100ths Dollars ($885,952.00810,054.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Samples: Lease Agreement (Hospitality Properties Trust), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Seventeen Million One Eight Hundred Seventy-Five Two Thousand Two Four Hundred ThirtyTwenty-Nine Three and 00/100ths Dollars ($14,175,239.0017,872,423) in sixteen (16) equal quarterly installments of Eight One Million One Hundred EightySeventeen Thousand Twenty-Five Thousand Nine Hundred Fifty-Two Six and 00/100ths Dollars ($885,952.001,117,026.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Samples: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Twelve Million One Eight Hundred SeventyForty-Five Six Thousand Six Hundred Ninety-Two Hundred Thirty-Nine and 00/100ths Dollars ($14,175,239.0012,846,692.00) in sixteen (16) equal quarterly installments of Eight Hundred Eighty-Five Two Thousand Nine Hundred Fifty-Two Eighteen and 00/100ths Dollars ($885,952.00802,918.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Samples: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Million One Hundred SeventySixty-Five One Thousand Two Hundred ThirtyForty-Nine One and 00/100ths Dollars ($14,175,239.0014,161,041.00) in sixteen thirteen (1613) equal quarterly installments of Eight Hundred One Million Eighty-Five Nine Thousand Nine Three Hundred Fifty-Two Eleven and 00/100ths Dollars ($885,952.001,089,311.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Samples: Lease Agreement (TravelCenters of America Inc. /MD/)

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Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Fifteen Million One Hundred SeventyForty-Seven Thousand Seven Hundred Twenty and 00/100ths Dollars ($15,147,720.00) in thirteen (13) equal quarterly installments of One Million One Hundred Sixty-Five Thousand Two Hundred Thirty-Nine and 00/100ths Dollars ($14,175,239.00) in sixteen (16) equal quarterly installments of Eight Hundred Eighty-Five Thousand Nine Hundred Fifty-Two and 00/100ths Dollars ($885,952.001,165,209.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Samples: Lease Agreement (TravelCenters of America Inc. /MD/)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Million Sixty-Eight Thousand Two Hundred Seventy-Four and 00/100ths Dollars ($14,068,274.00) in thirteen (13) equal quarterly installments of One Million Eighty-Two Thousand One Hundred Seventy-Five Thousand Two Hundred Thirty-Nine and 00/100ths Dollars ($14,175,239.00) in sixteen (16) equal quarterly installments of Eight Hundred Eighty-Five Thousand Nine Hundred Fifty-Two and 00/100ths Dollars ($885,952.001,082,175.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Samples: Lease Agreement (TravelCenters of America Inc. /MD/)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Fourteen Thirteen Million Eight Hundred Seventy Thousand Three Hundred Forty-Two and 00/100ths Dollars ($13,870,342.00) in thirteen (13) equal quarterly installments of One Million Sixty-Six Thousand Nine Hundred Seventy-Five Thousand Two Hundred ThirtyForty-Nine and 00/100ths Dollars ($14,175,239.00) in sixteen (16) equal quarterly installments of Eight Hundred Eighty-Five Thousand Nine Hundred Fifty-Two and 00/100ths Dollars ($885,952.001,066,949.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Samples: Lease Agreement (TravelCenters of America Inc. /MD/)

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