Lease Premium Sample Clauses

Lease Premium. In consideration of the Grant made by BSHB in accordance with Article III hereinabove and other rights, privileges and benefits set forth herein, the Developer has paid to the BSHB Rs. {amount of Lease Premium to be filled up here} towards upfront lease premium (the "Lease Premium") and undertake implementation of the Project, in accordance with this Development Agreement.
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Lease Premium. Lessee hereby agrees to pay Lessor as a one-time, non-refundable lease rental payment on each Funding Date an amount equal to the Tranche A Discount, if any, resulting from the issuance by Lessor of Tranche A Notes on such Funding Date which amount shall be deemed earned by Lessor and due and owing as of such Funding Date and shall not constitute a pre-paid Lease Payment for any period after such Funding Date. Lessee may credit the aggregate amount of any such Tranche A Discounts against any amounts owed by Lessor to Lessee on such Funding Date.
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Lease Premium. Lessee shall pay Lessor a one-time capitalized lease payment in the amount of seventy-five dollars ($75.00) (the “Lease Premium”) upon commencement of this Lease, plus Residual Receipts Rent, subject to the provisions contained in subsection 2.3(b) herein.
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Lease Premium. In consideration of the Grant made by BSHB in accordance with Article III hereinabove and other rights, privileges and benefits set forth herein, the Developer has paid and agrees to pay to the BSHB Rs. {amount of Lease Premium to be} (the "Lease Premium") and undertake implementation of the Project, in accordance with this Development Agreement. For the avoidance of doubt, if the 50% of the Lease Premium has been paid but the Developer fails to pay to BSHB another sum of Rs towards balance 50%( fifty per cent) of aforesaid Lease Premium, the Authority reserves the right to terminate this Development Agreement and treat this as Developer Event of Default and forfeit the Lease Premium already paid. Further, it is clarified that the Lease Deed shall be executed only after the Developer has paid the entire amount of Lease Premium to the Authority.
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Lease Premium. Consideration in the form of Lease Premium shall be paid in accordance with the following requirements:
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Lease Premium a. In consideration of the Rights hereby granted, the Developer shall pay Lease Premium to NRDA before or simultaneously with execution of the Lease Deed for a Part Project Site in the manner set out in the table below: S No. Milestone Amount payable as Lease Premium 1 Effective Date Area of Part A Project Site x Development Premium = 121405 x [Development Premium] OR Simultaneous with the execution of Lease Deed for Part B Project Site, if executed beyond 5th Anniversary of Effective Date. Area of Part B Project Site x Development Premium x (1.10)n1 = 161873 x [Development Premium] x (1.10)n1 OR Simultaneous with the execution of Lease Deed for Part C Project Site, if executed beyond 8th Anniversary of Effective Date. Area of Part C Project Site x Development Premium x (1.10)n1 = 121405 x [Development Premium] x (1.10)n2 Where n1 = Number of days from date of expiry of 5th anniversary of execution of PDIA to the date of execution of lease agreement for Part B of Project Site / 365 n2 = Number of days from date of expiry of 8th anniversary of execution of PDIA to the date of execution of lease agreement for Part C of Project Site / 365 n3 = Number of days from date of execution of PDIA to the date of execution of lease agreement for Additional Land / 365
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Related to Lease Premium

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Sublease Premises On and subject to the terms and conditions below, Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, the Sublease Premises.

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • Rent The Tenant shall pay the Landlord, in equal monthly installments, $ ("Rent"). The Rent shall be due on the of every month (“Due Date”) and paid under the following instructions: .

  • Common Area Charges Tenant shall pay to Landlord, as additional rent, an amount equal to One Hundred percent (100.00%) of the total common area charges as defined below. Tenant’s percentage share of common area charges shall be paid as follows. Tenant’s estimated monthly payment of common area charges payable by Tenant during the calendar year in which the term commences is set forth in paragraph 4(b) of this lease. Prior to the commencement of each succeeding calendar year of the term (or as soon as practicable thereafter, Landlord shall deliver to Tenant a written estimate of Tenant’s monthly payment of common area charges. Tenant shall pay, as additional rent, on the first day of each month during the term in accordance with paragraph 4(b) of the lease, its monthly share of common area charges as estimated by Landlord. Within one hundred twenty (120) days of the end of each calendar year and of the termination of this lease (or as soon as practicable thereafter), Landlord shall deliver to Tenant a statement of actual common area charges incurred for the preceding year. If such statement shows that Tenant has paid for less than its actual percentage, then Tenant shall on demand pay to Landlord the amount of such deficiency. If Tenant fails to pay such deficiency due within ten (10) days after demand, Tenant shall pay an additional ten percent (10%) of the amount due as a penalty. If such statement shows that Tenant has paid more than its actual percentage share then Landlord shall, at its option, promptly refund such excess to Tenant or credit the amount thereof to the common area charge next becoming due from Tenant. Landlord reserves the right to revise any estimate of common area charges if actual or projected common area charges show an increase or decrease in excess of 10% from any earlier estimate for the same period. In such event, Landlord shall deliver the revised estimate to Tenant, together with an explanation of the reasons therefore, and Tenant shall revise its payments accordingly. Landlord’s and Tenant’s obligation with respect to adjustments at the end of the term or earlier expiration of this lease shall survive such termination or expiration. “Common area charges,” as used in this lease, shall include, but not be limited to, (i) all items identified in paragraphs 8, 9, 11, 12, 13 and 16 as being common area charges; (ii) amortization of such capital improvements having a useful life greater than one year as Landlord may have installed for the purpose of reducing operating costs and/or to comply with governmental rules and regulations promulgated after completion of the building (Tenant’s share of any such capital improvement shall equal Tenant’s proportionate share of the fraction of the cost of such capital improvement equal to the remaining term of the lease over the useful life of such capital improvement); (iii) salaries and employee benefits (including union benefits) of personnel engaged in the operation and maintenance of the Project (or the building in which the Premises are located) and payroll taxes applicable thereto; (iv) supplies, materials, equipment and tools used or required in connection with the operation and maintenance of the Project; (v) licenses, permits and inspection fees; (vi) a reasonable reserve for repairs and replacement of equipment used in the maintenance and operation of the Project; (vii) all other operating costs incurred by Landlord in maintaining and operating the Project; and (viii) an amount equal to five percent (5%) of the actual expenditures for the aggregate of all other common area charges as compensation for Landlord’s accounting and processing services.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • Additional Rent In addition to Base Rent, Tenant agrees to pay to Landlord as additional rent (“Additional Rent”): (i) Tenant’s Share of “Operating Expenses” (as defined in Section 5), and (ii) any and all other amounts Tenant assumes or agrees to pay under the provisions of this Lease, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after any applicable notice and cure period.

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