Lease Payments Plus Interest. After the Parties execute the Memorandum of Commencement Date, attached to the Facilities Lease as Exhibit E and the Contractor has completed and satisfied the conditions indicated below, the District shall pay to Contractor Dollars ($ ) (“Lease Payment(s)”) plus interest, as indicated below. Contractor shall submit to the District a written invoice for each Lease Payment separately, at least thirty (30 days prior to the “Date of Payment” as indicated below for that Lease Payment.
4.2.1. The Lease Payments plus interest shall be consideration for the District’s rental, use, and occupancy of the Project and the Project Site and shall be made in equal monthly installments for the duration of the Term.
4.2.2. The District represents that the total annual Lease Payment plus interest obligation does not surpass the District’s annual budget and will not require the District to increase or impose additional taxes or obligations on the public that did not exist prior to the execution of the Facilities Lease.
Lease Payments Plus Interest. After the Parties execute the Memorandum of Commencement Date, attached to the Facilities Lease as Exhibit E, the District shall pay to Contractor [Spell Out] Dollars ($Numeric) (“Lease Payment(s)”) plus interest, as indicated below.
4.2.1. The Lease Payments plus interest shall be consideration for the District’s rental, use, and occupancy of the Project and the Project Site and shall be made in equal monthly installments for the duration of the Term.
4.2.2. The District represents that the total annual Lease Payment plus interest obligation does not surpass the District’s annual budget and will not require the District to increase or impose additional taxes or obligations on the public that did not exist prior to the execution of the Facilities Lease.
Lease Payments Plus Interest. Thirty (30) days after the Parties execute the Memorandum of Commencement Date attached to the Facilities Lease as Exhibit E and the Contractor has completed and satisfied the conditions indicated below, the District shall pay to Contractor One Million One Hundred and Fifty-Six Thousand One Hundred and Eighty-Four Dollars and Fifty-Six Cents ($1,156,184.56) (“Lease Payment(s)”) plus interest, as indicated below.
3.2.1. It is the intent of the Parties that the Lease Payments plus interest will be kept from the Contractor’s final payment application(s), including payment application(s) seeking payment of any Retention held pursuant to the Contract Documents.
3.2.2. The Lease Payments plus interest shall be consideration for the District’s rental, use, and occupancy of the Project and the School Site(s) and shall be made in equal monthly installments for the duration of the Term.
3.2.3. The District represents that the total annual Lease Payment plus interest obligation does not surpass the District’s annual budget and will not require the District to increase or impose additional taxes or obligations on the public that did not exist prior to the execution of the Facilities Lease.
Lease Payments Plus Interest. Thirty (30) days after the Parties execute the Memorandum of Commencement Date attached to the Facilities Lease as Exhibit E and the Contractor has completed and satisfied the conditions indicated below, the District shall pay to Contractor Twenty-Six Thousand Three Hundred Dollars ($26,300) (“Lease Payment(s)”) plus interest, as indicated below.
4.2.1. It is the intent of the Parties that the Lease Payments plus interest will be kept from the Contractor’s final payment application(s), including payment application(s) seeking payment of any Retention held pursuant to the Contract Documents.
4.2.2. The Lease Payments plus interest shall be consideration for the District’s rental, use, and occupancy of the Project and the School Site(s) and shall be made in equal monthly installments for the duration of the Term.
4.2.3. The District represents that the total annual Lease Payment plus interest obligation does not surpass the District’s annual budget and will not require the District to increase or impose additional taxes or obligations on the public that did not exist prior to the execution of the Facilities Lease.
Lease Payments Plus Interest. Thirty (30) days after the Parties execute the Memorandum of Commencement Date, attached to the Facilities Lease as Exhibit E and the Contractor has completed and satisfied the conditions indicated below, the District shall pay to Contractor (“Lease Payment(s)”) plus interest, as indicated below.
Lease Payments Plus Interest. Thirty (30) days after the Parties execute the Memorandum of Commencement Date, attached to the Facilities Lease as Xxxxxxx X0, and the Contractor has completed and satisfied the conditions indicated below, the District shall pay to Contractor One Million Two Hundred Eighty-seven Thousand Seven Hundred Seventy-three dollars and four cents ($1,287,773.04) (“Lease Payment(s)”) plus interest, as indicated below.
3.2.1. It is the intent of the Parties that the Lease Payments plus interest will be kept from the Contractor’s final payment application(s), including payment application(s) seeking payment of any Retention held pursuant to the Contract Documents.
3.2.2. The Lease Payments plus interest shall be consideration for the District’s rental, use, and occupancy of the Project and the School Site(s), and shall be made in equal monthly installments for the duration of the Term.
3.2.3. The District represents that the total annual Lease Payment plus interest obligation does not surpass the District’s annual budget and will not require the District to increase or impose additional taxes or obligations on the public that did not exist prior to the execution of the Facilities Lease.
