Master Rent. The Master Rent shall be paid in arrears on the first (1st) day of each calendar month for the immediately preceding month.
Appears in 2 contracts
Samples: Agreement Regarding (Provident Senior Living Trust), Agreement Regarding Leases (Brookdale Senior Living Inc.)
Master Rent. The Master Rent shall be paid in arrears on the first (1st) day of each calendar month for the immediately preceding month, or if such day is not a Business Day, the immediately preceding Business Day.
Appears in 2 contracts
Samples: Agreement (Provident Senior Living Trust), Agreement (Brookdale Senior Living Inc.)
Master Rent. The Master Rent shall be paid in arrears on the first (1st) day of each calendar month for the immediately preceding month. Master Rent shall be adjusted on May 1 of each Lease Year by multiplying Master Rent for the immediately preceding Lease Year by the Adjustment Factor.
Appears in 1 contract
Samples: Master Lease Agreement (Brookdale Senior Living Inc.)
