LEASE AND OTHER PAYMENTS Sample Clauses

LEASE AND OTHER PAYMENTS. For use and possession of the Premises and Parking Slots the Lessee shall pay the Lease Payment to the Lessor during the Lease Period, including the Fixed Part of the Lease Payment and the Variable Part of the Lease Payment (utility charges).
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LEASE AND OTHER PAYMENTS. The Borrower Group Companies shall require all Lessees to make all payments of Basic Rent to the Collections Account or to a Borrower Rental Account if it is required by law or requested by any Lessee (provided that, before payments of Basic Rent may be deposited into a Borrower Rental Account, the Administrative Agent and the Security Trustee shall have received a favorable opinion of counsel, in Agreed Form, in the jurisdiction in which such Borrower Rental Account is located that all necessary actions have been taken to ensure that the Security Trustee has a first priority perfected Lien over such Borrower Rental Account and that the Security Trustee does have such Lien), provided that all funds deposited in any Borrower Rental Account shall be promptly transferred to the Collections Account. The Borrower Group Companies shall ensure that all Collections are deposited into the Collections Account by the close of business on the date such payment is made or as soon as practicable thereafter. The Borrower Group Companies shall ensure that, during the continuance of a Trigger Event, all Segregated Funds received from time to time from any Lessee shall be deposited into the related Lessee Funded Account by the close of business on the date such payment is made or as soon as practicable thereafter. The Borrower shall have the right to direct the Security Trustee to make withdrawals from the Collections Account in order to pay Borrower Expenses (subject to the limitations on amount set forth in the definition of Borrower Expenses) and Lessor Payments as necessary from time to time; provided that any withdrawals from the Collections Account to pay Lessor Payments shall only be permitted after prior application of all amounts in the Aircraft Expenses Account, and only if (i) the request for such withdrawal is accompanied by supporting invoices and supporting documentation detailing the amounts and reasons for the incurrence of such Lessor Payments and (ii) such Lessor Payment is due and payable prior to the next Payment Date. The Borrower Group Companies shall have no right to direct the Security Trustee to make any withdrawals from the Collections Account except in accordance with this Agreement and Section 2.08 of the Facility Agreement. The Borrower Group Companies shall not have any right to direct the Security Trustee to make any withdrawal from, or transfer from or to, any Lessee Funded Account during the continuance of a Trigger Event in respect of any p...
Sample 1
LEASE AND OTHER PAYMENTS. The monthly rent payable by the PriceLine Parties under the Intercompany Lease shall be equal to Xxxxxx Digital's monthly base rental payment for leasing the PriceLine Occupied Space then occupied by the PriceLine Parties (as determined by Xxxxxx Digital and xxxxxxxxx.xxx as required by Section 4.1 above). In addition to the foregoing, the PriceLine Parties shall pay to Xxxxxx Digital, on a monthly basis after invoice from Xxxxxx Digital (i) their proportionate share, based on the then current PriceLine Occupied Space, of the monthly out-of-pocket cost to Xxxxxx Digital for all utilities (other than telephone and telecom services), taxes and maintenance, cleaning, security and repair fees paid by Xxxxxx Digital with respect to the Xxxxxx Leased Space, (ii) their proportionate share, based on usage, of the monthly out-of-pocket cost to Xxxxxx Digital for the provision of third party telephone and telecom services to the PriceLine Parties, and (iii) their proportionate share, based on the usage of the PriceLine Parties, of the monthly out-of-pocket cost to Xxxxxx Digital for all capital equipment located at or on the Xxxxxx Leased Space (such as photocopy and facsimile equipment and leased appliances), PROVIDED, HOWEVER, that all telephones (including cellular telephones), personal computers and printers used by the PriceLine Parties and owned or leased by Xxxxxx Digital shall be paid for by the PriceLine Parties based on the actual out-of-pocket cost to Xxxxxx Digital for the provision of each such item to the PriceLine Parties.
Sample 1
LEASE AND OTHER PAYMENTS. (a) Lessor and Lessee understand and intend that the obligation of Lessee to make monthly Lease Payments hereunder shall constitute a binding contractual obligation of Lessee to make the payments subject only to the limitations and conditions stated herein. Lessee covenants to appropriate sufficient funds to cover Lease Payments due each applicable fiscal year in its annual budget, subject to sufficient appropriations made by the State of New Mexico, the New Mexico Public Education Department or the Public School Capital Outlay Council (together the “State of New Mexico”). If sufficient funds are not made by the State of New Mexico for current payments under this Lease Agreement, this Lease Agreement may terminate prior to the end of the Lease Term without further obligations to Lessee.
Sample 1

Related to LEASE AND OTHER PAYMENTS

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Royalties and Other Payments A. For the rights, privileges and exclusive license granted hereunder, Licensee shall pay to CMCC the following amounts in the manner hereinafter provided. Unless expressly stated otherwise in this Agreement, periodic payment obligations listed below shall endure through the Term of this Agreement, unless this Agreement shall be sooner terminated as hereinafter provided:

  • Improper and Other Payments (a) Neither the Company, any director, officer, employee thereof, nor any agent or representative of the Company nor any person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any person or authority, (b) no contributions have been made, directly or indirectly, by the Company to a domestic or foreign political party or candidate; and (c) the internal accounting controls of the Company are believed by the Company’s management to be adequate to detect any of the foregoing under current circumstances.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

  • Rent and Other Charges Base Rent, Taxes, Operating Expenses, and any other amounts which Tenant is or becomes obligated to pay Landlord under this Lease or other agreement entered into in connection herewith, are sometimes herein referred to collectively as "Rent," and all remedies applicable to the non-payment of Rent shall be applicable thereto. Rent shall be paid at any office maintained by Landlord or its agent at the Property, or at such other place as Landlord may designate.

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • Rent and Other Charges Payable by Tenant See below. ----------------------------------------

  • Vacation and Other Leave During the Period of Employment, the Executive shall accrue and be entitled to take paid vacation in accordance with the Company’s vacation policies in effect from time to time, including the Company’s policies regarding vacation accruals; provided that the Executive’s rate of vacation accrual during the Period of Employment shall be no less than three (3) weeks per year. The Executive shall also be entitled to all other holiday and leave pay generally available to other executives of the Company.

  • Waiver and Other Action This Agreement may be amended, modified or supplemented only by a written instrument executed by the parties against which enforcement of the amendment, modification or supplement is sought.

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