Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each month; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).
Appears in 3 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Master Lease Agreement (Hospitality Properties Trust), Master Lease Agreement (Hospitality Properties Trust)
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each monthAccounting Period; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1). Minimum Rent for any partial Accounting Period shall be prorated on a per diem basis.
Appears in 2 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust)
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each monthAccounting Period; provided, however, that the first payment of -------- ------- Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).. -----------
Appears in 2 contracts
Samples: Lease Agreement (Crestline Capital Corp), Lease Agreement (Hospitality Properties Trust)
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each monthAccounting Period; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1)Date.
Appears in 2 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust)
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each monthAccounting Period; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).
Appears in 1 contract
Samples: Master Lease Agreement (Hospitality Properties Trust)
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each month; provided, however, that the first payment of Minimum Rent shall -------- ------- be payable on the Commencement Com mencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).. -----------
Appears in 1 contract
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each month; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).. 29 -22-
Appears in 1 contract
Samples: Lease Agreement (Wyndham Hotel Corp)
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each month; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).. 30 -21-
Appears in 1 contract
Samples: Lease Agreement (Wyndham Hotel Corp)
