Payments Under the Lease. (a) The Borrower agrees to direct the Lessee to make all payments to be made by it under the Lease, including all Rentals and all Supplemental Rentals (due and payable under the Lease from and after the Advance Date), directly to the Lease Receivables Account or the Maintenance Reserves Account, as applicable, but in each case excluding any Excluded Payments. The Borrower agrees that, should it receive any such payments or any proceeds for or with respect to the Collateral or as the result of the sale or other disposition thereof (other than payments or proceeds properly received in accordance with the Basic Agreements), it shall hold such payments or proceeds in trust for the benefit of the Lenders and shall promptly forward such payments or proceeds to the Lease Receivables Account or in accordance with the Security Trustee’s instructions.
Payments Under the Lease. The County acknowledges that Lessee has paid all amounts due under the Lease for Base Rent, Annual Rent, Cost of Services, Additional Rent Amendment (Payment in Lieu of Taxes) and any other amount due from Lessee to the County under the Lease accruing prior to the Effective Date of this Second Amendment and the County hereby forever discharges and releases Lessee from all claims for amounts due under the Lease arising prior to the Effective Date of this Second Amendment.
Payments Under the Lease. During the Term, the Hockey Club shall pay the City the following amounts:
Payments Under the Lease. If at any time Tenant is in default under the terms of the Lease, Landlord shall have the right to deliver written notice to Subtenant requiring Subtenant to pay all rent due under the Lease directly to Landlord. Subtenant agrees (and Tenant hereby irrevocably directs Subtenant) to pay such sums directly to Landlord if requested by Landlord (and Subtenant shall have the right to rely upon any such written notice received from Landlord without receipt of confirmation from Tenant and notwithstanding contradictory instructions received from Tenant), and Tenant agrees that any such sums paid by Subtenant may be applied by Landlord against any sums owed by Tenant under the Lease as hereinafter provided, but in all instances such sums paid by Subtenant shall be deemed to have been applied against Subtenant’s obligations under the Sublease. Any such sums received by Landlord from Subtenant shall be received by Landlord on behalf of Tenant and shall be applied by Landlord to any sums past due under the Lease, in such order of priority as required under the Lease or, if the Lease is silent in such regard, then in such order of priority as Landlord deems appropriate. The receipt of such funds by Landlord shall in no manner be deemed to create a direct lease or sublease between Landlord and Subtenant.
Payments Under the Lease. Lessor hereby directs Lessee to pay to Assignee, as and when due pursuant to the Lease, the Applicable Percentage Amount, all Basic Rent, all Supplemental Rent and all payments pursuant to Articles IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds, and other sums paid or payable to Lessor pursuant to the Lease (but excluding any indemnity payments or reimbursements to Lessor from Lessee pursuant to the Lease or otherwise). Assignee may, at its option, although it shall not be obligated to do so, and without waiving or releasing any obligation or Loan Event of Default, at any time perform any Lease covenant required to be performed by Lessor for and on behalf of Lessor and may recover any money advanced for any such purpose from Lessor on demand, with interest at the Overdue Rate from the date of advancement; and (b) Assignee is authorized to endorse, in the name of Lessor, any item, howsoever received by it, representing any payment on or other proceeds (including Loss Proceeds) of the Lease (including, without limitation, all Basic Rent, Supplemental Rent, payments pursuant to Articles IV and VI of the Lease, purchase proceeds or avails, income, Loss Proceeds and other sums paid or payable to Lessor pursuant to the Lease) and to endorse and deliver, in the name of Lessor, any instrument or other item of the Rent held by Assignee hereunder, in connection with the sale or collection of the Rent.
Payments Under the Lease. The Employee hereby acknowledges and agrees that binding the Company to a three-year Lease was not in the best interests of the Company. The Employee hereby agrees, on a best efforts basis, to endeavor to assign the Lease to SRU or some other entity determined by the Employee. In the event that the Employee is unable to assign the Lease, he hereby agrees to make any and all payments due under the Lease directly to the landlord, to assume any and all of the tenant's obligations, responsibilities, agreements, or covenants under the Lease, and to indemnify the Company from and against any and all claims, liabilities, losses, costs, damages, or expenses asserted against it or incurred by it in connection with the Lease including, without limitation, attorneys' fees.
Payments Under the Lease. The Lease requires the Contractor to pay monthly rent to Landlord. During the term of the Agreement, the Contractor will receive funding from various sources as consideration for the performance of its obligations to Consumers of the Facility and under the Lease. Such funding shall include eligible Consumers’ SSI/SSA room and board benefits, any state supplemental payments, payment under the Agreement, and funds the Contractor may receive from other sources. From all of these sources of funds, the Contractor shall pay the rent and perform its other obligations under the Lease and under the Agreement. The Contractor shall pay all obligations under the Lease in the manner and under the procedures set forth in the Lease, all of which terms are incorporated herein by this reference.
Payments Under the Lease a) Rent Office 11,58 EUR per sq. m. and per month Parking 125,86 EUR per parking space per month Terrace 0,0 Euros TOTAL 1.950,87 EUR per month b) plus a Service Charge advance payment of EUR 3,10 per m2 and month as set out in Sec. 3 (4) of this Agreement. The total leaseable area of the building amounts to 4.090,97, and the Lessee’s share amounts to 3,85 % of the total area. There is no separate service charge for either terrace or parking. The cost for servicing these areas is included in Service Charge for the office.
Payments Under the Lease
