Lease Payment. In consideration of the Lessor's lease of the Property to the Lessee the Lessee agrees to pay the Lessor the sum stated above. Lessee's obligation to pay the Lease fee shall not be affected by any inability or reduced ability to make productive use of the Property because of weather, soil or any other condition – natural or man-made. Lease payments shall be made payable to the “the Township of Greenwich”.
Lease Payment. At the signing of this Agreement SF agrees to pay Quest document fees in the amount of $0. At the signing of this Agreement SF agrees to pay Quest first and last payments in the amount of $0. During the Term of this Agreement, SF agrees to pay on the 1st day of each calendar month, a lease payment for the Equipment in the amount of $346.90 (the "Rental Payment).
Lease Payment. Section 1.
Lease Payment. 2.1 The Lessee shall pay to the Lessor regular monthly Lease Payments for the current month, as well as all other payments for which the payment term is not set in the Contract, within 15 days as from the date of issue of the invoice, unless stated otherwise in Special Terms of the Contract or respective invoice.
2.2 The Contract is made, the Lease Payment and its monthly payments are calculated in consideration that the Contract is in force throughout the lease term originally agreed in the Contract. In case of early termination of the Contract (including Sections 9.1 and 9.2 of the General Terms), the Lease Payment for the last month when the Contract is in force shall be determined as the highest of the following amounts: (i) the originally established monthly Lease Payment plus 30% of the remaining Lease Payments from the period, when the Vehicle is returned to the Lessor, till the ending date of the lease period originally agreed upon in the Contract, or (ii) the originally established monthly Lease Payment plus the sum equal to 3 monthly Lease Payments.
2.3 If the Vehicle has not been leased for a full calendar month, the payable Lease Payment is made of the proportion between the lease period in the particular month prescribed in the Contract and the number of full days in the particular month.
2.4 If the Special Terms state “included”, the Lease Payment includes:
a) the mileage for the entire leasing period stipulated in the Contract;
b) regular compulsory maintenance according to the Vehicle service manual;
c) technical repairs due to normal wear and tear;
d) expenses related to the service ensuring 24-hour technical assistance on the road within the territory of the Republic of Latvia and European Economic Area (EEA);
e) change and storage of seasonal tires (at Lessor’s choice), provided that a damaged tire change / repair costs are not included and shall be done at expense of the Lessee;
f) fees for initial registration and mandatory technical inspection;
g) insurance payments for the Vehicle;
h) all taxes and fees stipulated by the law related to the contract and the Vehicle. VAT shall be charged additionally according to the regulatory enactments. If VAT or any other taxes or fees (see above sub-paragraph h)) are changed or new taxes and/or fees are introduced during the Contract period, the Lessor will be entitled to change the amount of the Lease Payment accordingly.
2.5 Unless the Special Terms provide otherwise, the Lease Payment DOES NOT ...
Lease Payment. On and after the Closing, Lessee, in consideration of the leasing of the Leased Property to Lessee by Lessor, hereby covenants and agrees to pay Lease Payments to Lessee during the Term in amounts as set out in Schedule 5.1 attached hereto and incorporated by reference herein, without notice or demand and without any setoff or deduction whatsoever. The Lease Payments shall be due and payable quarterly in advance, with the first Lease Payment being due and payable at Closing on the Closing Date and the remaining Lease Payments equal to one-fourth of the annual payment being due and payable quarterly in advance during the Term on the same day of each third consecutive month following the Closing Date, with the annual Lease Payments for each of the first two years of the Term being $4,500,000 and the annual Lease Payments for each of the next 18 years of the Term being $10,000,000. By way of example, if the Closing occurs on May 1, 2001, then the quarterly Lease Payments shall be due and payable in advance on each August 1, November 1, February 1 and May 1 thereafter during the Term. If any Lease Payment falls due on a day that is not a Business Day, then such Lease Payment shall be due and payable on the next day that is a Business Day. Notwithstanding the foregoing, if Lessee is ready, willing and able to exercise the Option referred to in Article 6, but is unable to lawfully do so because an order, writ, injunction or decree shall have been entered into and be in effect by a court of competent jurisdiction that restrains or enjoins the Option Closing (other than as a result of any claim or Action under the HSR ACT), THEN:
(a) if primarily as a result of an act or failure to act by Lessor after the Effective Time in breach of its obligations under this Lease or any act by Lessor or any Affiliate of Lessor before or after the Effective Time, then during the period when such restriction is in effect, the annual Lease Payments shall be $4,500,000 per annum;
(b) if primarily as a result of an act or failure to act by Lessee after the Effective Time in breach of its obligations under this Lease or any act by Lessee or any Affiliate of Lessee before or after the Effective Time, then the annual Lease Payments shall be $10,000,000 per annum as above provided; and
(c) if resulting from any cause not set forth in clause (a) or (b) above, then during the period when such restriction is in effect, the annual Lease Payments shall be $4,500,000 per annum, subject to esca...
Lease Payment. The lease payment shall be SIX-HUNDRED DOLLARS ($600) per month payable on the first day of each month payable to the “City of Oakley” and mailed or hand-delivered to: City of Oakley, Attn. Finance Director, 0000 Xxxx Xxxxxx, Xxxxxx, Xxxxxxxxxx 00000. No credit card payments are accepted. Lease payment shall increase by FIFTY DOLLARS ($50) per month for a total of SIX HUNDRED AND FIFTY DOLLARS ($650) per month beginning on September 1, 2021.
Lease Payment. X. Xxxxxx County Court Services hereby agrees to pay the sum of $30,844 for the leased space. One half ($15,422) shall be due by August 15, 2020, with the second half payment ($15,422) due by January 15, 2021.
B. District 877 xxxxxx agrees to reimburse Wright County Court Services for one- half of the annual rent ($15,422) due and payable by January 15, 2021.
Lease Payment. (a) Equitrans will pay Sunrise monthly rent for the Sunrise Facilities (“Lease Payment”). The Lease Payment will be calculated using two distinct, alternative Lease Payment options. The formula for each Lease Payment options is set forth in Attachment A to this Lease Agreement, which attachment is incorporated herein and made a part hereof for all purposes. The Lease Payment options include a revenue-based payment alternative (“R Payment Alternative”), as described in Section 2.3(b), and a cost-of-service-based payment alternative (“C Payment Alternative”), as described in Section 2.3(c). The Lease Payment due each month shall be the lesser of the R-Payment Alternative or the C-Payment Alternative.
Lease Payment. The Authority will invoice Lessee for Leased Fiber beginning with the In-Service Date. Lessee may elect to be invoiced either, annually or monthly and Authority will invoice Lessee for charges on that basis. Invoices are payable upon receipt and are past due after thirty (30) days.
Lease Payment. Loss Draw on Series 2004-1 Letter of Credit.
(a) At or before 10:00 a.m. (New York City time) on each Payment Date, the Master Servicer shall or, if the Master Servicer shall fail to do so, the Series 2004-1 Insurer may, in its sole discretion, notify the Trustee pursuant to the Master Lease of the amount of the Series 2004-1 Lease Payment Losses, such notification to be in the form of Exhibit D attached to this Supplement.
(b) So long as the Series 2004-1 Letter of Credit shall not have been terminated, on any Payment Date that there are Series 2004-1 Lease Payment Losses, the Trustee shall, by 1:00 p.m. (New York City time) on the same Payment Date, draw on the Series 2004-1 Letter of Credit by presenting a draft in an amount equal to the lesser of (i) the Series 2004-1 Lease Payment Losses allocated to making a drawing under the Series 2004-1 Letter of Credit pursuant to Sections 4.7(a)(iii)(A), 4.7(b)(iii)(A) or 4.7(c)(iii)(A), as applicable, of this Supplement, and (ii) the Available Draw Amount on such Payment Date, accompanied by a Certificate of Credit Demand. The proceeds of such draw shall be allocated and deposited as soon as practicable in the Series 2004-1 Collection Account for further allocation to the Series 2004-1 Distribution Account in accordance with the instructions of the Master Servicer or the Series 2004-1 Insurer, as applicable, and pursuant to the terms of this Supplement; provided that, to the extent that on any Payment Date any proceeds of a draw on the Series 2004-1 Letter of Credit remain on deposit in the Series 2004-1 Collection Account or Series 2004-1 Distribution Account, (after giving effect to all applications thereof pursuant to Section 4.10 on such Payment Date) the Master Servicer or the Series 2004-1 Insurer, as applicable, shall instruct the Trustee or Paying Agent to deposit such remaining proceeds into the Series 2004-1 Cash Liquidity Account (following the establishment thereof pursuant to Section 4.6(b) of this Supplement). The Master Servicer or the Series 2004-1 Insurer, as applicable, shall notify each Rating Agency of the amount of any draw on the Series 2004-1 Letter of Credit on account of Series 2004-1 Lease Payment Losses not later than five (5) Business Days after the date of such draw.
(c) If the Series 2004-1 Insurer elects in its sole discretion, to provide to the Trustee any direction under this Section 4.14, the Series 2004-1 Insurer shall provide to the Master Servicer one (1) Business Day prior ...
