Rent Reimbursement. On a monthly basis after the Closing, the Buyer will reimburse the Seller for the rent expense (including all triple net charges incident to rent under the lease agreement) at its administrative headquarters in Dallas, Texas through December 31, 2019.
Rent Reimbursement. The payment of Lease Rental Payments under the Lease is intended by the parties hereto to be paid with Revenues. If the Revenues are not sufficient to pay any Lease Rental Payment under the Lease, the County shall pay a Sublease Payment, on the same date and in an amount required for the payment of such Lease Rental Payment. The Sublease Payments during the Sublease Term will be absolute and unconditional in all events and will not be subject to any set-off, defense, counterclaim or recoupment for any reason whatsoever (other than the payment of Reimbursement Payments under the terms of this Sublease).
(a) The Base Rentals specified in Exhibit B shall be used to determine the payment of Base Rent required by this Section and the payment of Base Rentals due on any date shall not exceed the Base Rentals set forth in Exhibit B.
(b) County agrees to pay to the Authority any Additional Rentals, when due, that may become payable under the Lease.
(c) Sublease Payments shall be payable at the principal office of the Trustee in the same manner as provided in the Lease for payment by the Authority. Authority shall pay Reimbursement Payments to the County when Revenues are available for such payment, it being understood that Reimbursement Payments will only be payable from amounts that are available after the Authority applies Revenues in accordance with the requirements of the Lease; provided that, all amounts permitted to be deposited in the Surplus Account shall be applied by the Authority to Reimbursement Payments.
Rent Reimbursement. First Security shall reimburse the Executive for reasonable expenses incurred in connection with renting housing accommodations in Chattanooga, Tennessee for a nine-month period from the commencement of Executive’s employment.
Rent Reimbursement. Upon the execution of this Lease, Tenant agrees to remit to Landlord, as nonrefundable base rent, the sum of $20,500.00 for the term.
Rent Reimbursement. In the event the release of the Operating Company from liability for all but the fourth floor of the Markham office facility contemplated in Section 6.7 has not been obtained as of the Closing Date, then from and after the Closing Date until the earlier of (i) the receipt from the lessor such a release of the Operating Company or (ii) expiration of the current term of the Markham Facility Lease on October 31, 2009, Seller or Parent shall reimburse the Operating Company for all costs actually incurred by it under the current Markham Facility Lease in excess of the cost of its occupancy of the fourth floor. For purposes hereof, such reimbursable costs (the “Excess Costs”) shall mean the total amount payable by the Operating Company under the then current Markham lease minus the total costs associated with occupancy of the fourth floor and minus all amounts received by the Operating Company from any and all sublessees or assignees of any part of the leased premises. For illustrative purposes only, Schedule 11.2 sets forth an example of the Excess Costs for the month of May, 2006. Excess Costs will be determined and invoiced by the Operating Company and paid by Seller or Parent within 30 days of their receipt of the invoice. All relevant leasing records shall be made available to Seller upon its request to verify any such invoices. The Operating Company shall not sublease any space at the Markham facility without the prior written consent of Parent. Seller or its designees shall have the ongoing right to seek subtenants for any vacant space under the lease, and Purchaser shall cause the Operating Company to extend its reasonable cooperation with any such efforts to sublease vacant space. If the Operating Company or Parent are able to obtain a reduction in the rent and/or fees charged by the Landlord under the Markham Facility Lease, the Operating Company and Parent will share in such reduction on a pro rata basis. The Operating Company shall use commercially reasonable efforts to enforce its rights under any sublease.
Rent Reimbursement. The Rent and Charges described in Section 4 of the Lease Deed shall be payable in advance on or before the tenth (10”) day of each calendar month during the term of this Lease.
Rent Reimbursement. On a monthly basis after the First Closing, the Buyer will reimburse the Seller for the rent expense in respect of the 17th floor lease at its administrative headquarters through December 31, 2018.
Rent Reimbursement. Viisage covenants and agrees to pay Xxx for ------------------ Viisage's Share (as hereinafter defined) of the rent payable by Xxx under Section 4 of the Lease (the "Basic Rental Reimbursement"). Payment shall be made on a timely basis to enable Xxx to satisfy its financial obligations under the Lease. For purposes of this Agreement, "Viisage's Share" shall equal the percentage obtained by dividing the net rentable area of the Space by the net rentable area of the Premises. Additionally, Viisage shall reimburse Xxx for all other financial obligations, if any, for which Xxx is responsible under the Lease arising as a direct result of Viisage's use and occupancy of the Space, including without limitation, any indemnity required under Section 6(c) of the Lease.
Rent Reimbursement. The Contractor will be paid $2,500 per month, as a partial reimbursement for the NYC office space, beginning on the effective date of the contract and payable on the last day of the month in arrears and further on the last day of the month every month thereafter until the expiration date or termination date as described herein.
Rent Reimbursement. Lessee shall pay Base Rent and Operating Expenses for all of the Premises, including the Delayed Premises, as set forth in the Lease, however, provided the conditions set forth herein are met, Lessor shall pay back to Lessee One Hundred Fifty Seven and 11/100 ($157.11) per day for each day the Current Tenant occupies the Delayed Premises beginning August 1, 1999 ("Rent Reimbursement"), which constitutes rent and operating expenses for the Delayed Premises on a per diem basis. Said Rent Reimbursement shall be paid by Lessor to Lessee at the addresses set forth in the Lease as follows:
a) on September 1, 1999 for the days Current Tenant occupies the Delayed Premises during the month of August, 1999, if applicable;
b) on October 1, 1999, for the days Current Tenant occupies the Delayed Premises during the month of September, 1999, if applicable. Lessee acknowledges that in the event the Current Tenant elects to continue to occupy the Delayed Space beginning August 1, 1999, the Current Tenant may not need to occupy the Delayed Space through September 30, 1999. As a result, Lessee agrees that once the Current Tenant provides written notice and evidence to Lessor that the Current Tenant has vacated the Delayed Premises, Lessor shall provide Lessee with a copy of said notice and evidence, and as of the date of said vacation by Current Tenant, Lessor's obligation to pay the Rent Reimbursement to Lessee shall cease.
