Payment of Rental Payments Sample Clauses

Payment of Rental Payments. The Paying Agent shall pay Rental Payments, exclusively from legally available moneys appropriated from Lessee’s general fund and such other legally available funds as may be designated by Lessee in lawful money of the United States of America to Lessor or, in the event of assignment by Lessor, to the Registered Owner of the Assignment, as Lessor’s assignee, in the amounts and no later than the dates set forth in Exhibit A; provided, that if Lessor or the Registered Owner, as the case may be, receives any Rental Payment later than 10 days from the scheduled due date, then Lessee shall also pay upon written demand as a late charge an amount equal to 5% of such overdue Rental Payment amount, limited, however, to the maximum amount allowed by law.

Payment of Rental Payments. Lessee shall promptly pay Rental Payments under each Property Schedule, exclusively from legally available funds, in lawful money of the United States of America, to Lessor in such amounts and on such dates as described in the applicable Property Schedule, at Lessor's address set forth on the first page of this Agreement, unless Lessor instructs Lessee otherwise. Lessee shall pay Lessor a charge on any delinquent Rental Payments under a Property Schedule in an amount sufficient to cover all additional costs and expenses incurred by Lessor and Agent from such delinquent Rental Payment. In addition, Lessee shall pay a late charge of five cents per dollar or the highest amount permitted by applicable law, whichever is lower, on all delinquent Rental Payments.

Payment of Rental Payments. Lessee shall pay Rental Payments exclusively from legally available funds in lawful money of the United States of America to Lessor at the address set forth in the applicable Lease in the amounts and on the dates set forth in the Lease and the Schedule of Payments.

Payment of Rental Payments. Lessee shall pay Rental Payments, exclusively from legally available funds, in lawful money of the United States of America to the Lessor during the Original Term and any Renewal Terms as hereinafter provided. The Rental Payments during the Original Terms Exhibit A attached hereto and made a part hereof.

Payment of Rental Payments. The County agrees to pay to the Corporation, its successor or assigns, without deduction or offset of any kind, as rental for the use and occupancy of the Facilities the following amounts at the following times:

Payment of Rental Payments. 13 Section 7.2. Unconditional Obligation to Provide Issuer with Sufficient Revenues........... 14 Section 7.3. Indemnification of Issuer..................................................... 14 Section 7.4. Taxes, Licenses, Utilities and Governmental Charges........................... 16

Payment of Rental Payments. (a) In consideration of the financing by the Authority of the Financed Projects, the City will pay to the Authority the following Basic Rent for the Leased Premises on the dates and in the amounts as follows: (i) Commencing on December 1, 20[21], and on each June 1 and December 1 thereafter, the amount which, together with any other money available in the Bond Fund, will equal the interest due on the Bonds Outstanding on the following June 15 or December 15; and (ii) On December 1, 20[25], and on each December 1 thereafter, the amount which, together with other money available in the Bond Fund, will equal the principal due (whether at maturity or pursuant to mandatory sinking fund redemption) on the Bonds Outstanding on the following December 15. The Authority has assigned to the Trustee, pursuant to the Assignment of Rents and Leases, its right, title and interest in this Financing Lease, including its right to receive the payments hereunder. Pursuant to the Assignment of Rents and Leases, the City will pay Basic Rent to the Trustee. At the direction of the City Representative, any amounts on deposit in the Bond Fund (other than amounts held for Bonds then due), which exceed any accumulated losses from any investment of such amounts, may be designated for application on any rental payment date to the payment of principal of and interest on the Bonds then due, and the amount so designated will be credited to the amounts payable under this subsection on such date. (b) The City will pay when due as Additional Rent for the Leased Premises, (i) the reasonable fees of the Trustee for services rendered and expenses reasonably incurred by it as Trustee under the Indenture, as bond registrar and as paying agent on the Bonds, including any attorneys' fees incurred by the Trustee and any cost or expense necessary to cancel and discharge the Indenture upon Payment of the Bonds, and all other amounts that the City has assumed or agreed in this Financing Lease to pay, (ii) any amounts due to the Authority or the Deed of Trust Trustees for their respective expenses, including reasonable attorneys' fees and costs, (iii) any amounts required to be paid to the United States under Section 148(f) of the Code with respect to the Series 2021A Bonds, to the extent not already provided for in Section 5.2(a).

Payment of Rental Payments. Section 6.02. Prepayment of Base Rental Payments Section 6.03. Reserve Account

Payment of Rental Payments. Lessee shall pay Rental Payments, from any and all legally available funds, in lawful money of the United States of America, exclusively to Lessor or, in the event of assignment by Lessor, to its assignee, in the amounts and on the dates set forth in each Schedule. Rental Payments shall be in consideration for Xxxxxx's use of the Equipment during the applicable year in which such payments are due. The Rental Payments will be payable without notice or demand at the office of Lessor (or such other place as Lessor may from time to time designate in writing). If any Rental Payment or other sum payable under any Schedule is not paid when due, Lessee shall pay to Lessor accrued interest on such delinquent amount from the date due thereof until paid at the lesser of 18% or the maximum rate allowed by law. In the event that it is determined that any of the interest

Payment of Rental Payments. The Sub-Lessee shall promptly pay to the Lessor, on behalf of the Lessee, Rental Payments in lawful money of the United States of America, in the amounts and on the dates set forth in each Lease. All other amounts required to be paid by the Sub-Lessee under a Lease shall be paid in lawful money of the United States of America. Any and all payment obligations hereunder or on account of breach hereof or of any lease shall be the sole obligation of the Sub-Lessee and no provision, covenant or agreement contained in any Lease or any obligation imposed on the Lessee in a Lease, or the breach thereof, shall constitute or give rise to or impose upon the Lessee a pecuniary liability, a charge upon its general credit or taxing powers or a pledge of its general revenues. In making the agreements, provisions and covenants set forth in any Lease, the Lessee has no obligation other than a special, limited obligation to make payments solely from Rental Payments made by the Sub- Lessee. The Sub-Lessee shall pay directly to the Lessor for the benefit of the Lessee a charge on any Rental Payment not paid on the date such payment is due at the rate of 12% per annum from such date, computed daily on the basis of a 360 day year and actual days elapsed. The obligations of Sub-Lessee under each Lease shall be general obligations of the Sub-Lessee payable from any legally available funds of the Sub-Lessee.