Interim Rate Sample Clauses
Interim Rate. Notwithstanding anything in this Lease to the contrary, if no agreement can be reached as to the Market Rental Rate prior to the expiration of the Term, Tenant shall pay Base Rent to Landlord in accordance with the rental rate for the last period during the initial Term (the “Interim Rate”) for the period (the “Interim Period”) beginning on the day immediately following the last day of the Term, and ending on the date the Market Rental Rate is determined pursuant to this Section 0 (the “Determination Date”). If the amount of Base Rent Tenant paid to Landlord during the Interim Period, prorated based on the number of days in such period (the “Interim Base Rent”), is more than the amount Tenant would have paid if the Market Rental Rate had been in effect during such Interim Period, Landlord will credit such excess amount against the next payment(s) of Base Rent due from Tenant to Landlord. If the Interim Base Rent is less than the amount Tenant would have paid if the Market Rental Rate had been in effect during such Interim Period, Tenant will pay the deficiency to Landlord within 30 days after the Determination Date.
Interim Rate. The definition of "Interim Rate" is amended and restated to read as follows:
Interim Rate. The Interim Rate used to calculate the daily Interim Rent shall be equal to the Rental Factor for each Equipment Schedule divided by thirty (30).
Interim Rate. Effective on December the Employer and the Union agree that an interim Sewage Treatment Plant Operator II rate be established at Within six (6) months of the date of ratification of this Memo- randum of Agreement, the Standing Committee shall review and confirm the revaluation of the Sewage Treatment Plant Operator II classifica- tion. It is agreed that the new rate shall not be less than the rate in effect on January
Interim Rate. The additional facilities rate applies only to additional transport facilities purchased when the initial facility is ordered.