Common use of Rents and Other Amounts Payable Clause in Contracts

Rents and Other Amounts Payable. (a) The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2018 and continuing through the Lease Term. (b) In addition to the payments of basic rent pursuant to Section 4.3(a) hereof, throughout the Lease Term, the Company shall pay to the Agency as additional rent, within ten (10) days of receipt of demand therefor, an amount equal to the sum of the expenses of the Agency and the members thereof incurred (i) by reason of the Agency’s ownership, leasing, subleasing, or financing of the Facility, or (ii) in connection with the carrying out of the Agency’s duties and obligations under the Agency Documents, the payment of which is not otherwise provided for under this Lease Agreement. The foregoing shall be in addition to any annual or continuing administrative or management fee imposed by the Agency now or hereafter. (c) The Company, under the provisions of this Section 4.3, agrees to make the above-mentioned payments in immediately available funds and without any further notice in lawful money of the United States of America. In the event the Company shall fail to timely make any payment required in Section 4.3(a) or 4.3(b), the Company shall pay the same together with interest on such payment at a rate equal to two percent (2%) plus the Prime Rate, but in no event at a rate higher than the maximum lawful prevailing rate, from the date on which such payment was due until the date on which such payment is made.

Rents and Other Amounts Payable. (a) The Company shall pay basic rent for the Company Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2018 2022 and continuing through the Lease Term. (b) In addition to the payments of basic rent pursuant to Section 4.3(a) hereof, throughout the Lease Term, the Company shall pay to the Agency as additional rent, within ten (10) days of receipt of demand therefor, an amount equal to the sum of the expenses of the Agency and the members thereof incurred (i) by reason of the Agency’s 's ownership, leasing, subleasing, or financing of the Company Facility, or (ii) in connection with the carrying out of the Agency’s 's duties and obligations under the Agency Documents, the payment of which is not otherwise provided for under this Lease Agreement. The foregoing shall be in addition to any annual or continuing administrative or management fee imposed by the Agency now or hereafter. (c) The Company, under the provisions of this Section 4.3, agrees to make the above-mentioned payments in immediately available funds and without any further notice in lawful money of the United States of America. In the event the Company shall fail to timely make any payment required in Section 4.3(a) or 4.3(b), the Company shall pay the same together with interest on such payment at a rate equal to two percent (2%) plus the Prime Rate, but in no event at a rate higher than the maximum lawful prevailing rate, from the date on which such payment was due until the date on which such payment is made.

Rents and Other Amounts Payable. (a) The Company shall pay (together with each Project (as defined under each of the Additional XXX Documents) in the aggregate) to the Agency on the Closing Date the balance of the Agency’s fee in the amount of $459,273 (equal to the administrative fee of $458,107 plus the public hearing notice and transcript cost of $1,166. The Company shall pay basic rent for the Facility as follows: One Dollar dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2018 and continuing through the Lease TermDate. (b) In addition to the payments of basic rent pursuant to Section 4.3(a) hereof, the Company shall pay to the Agency PILOT Payments in the amount as described in Section 5.1 hereof. (c) In addition to the payments of basic rent and PILOT Payments pursuant to Sections 4.3(a) and (b) hereof, throughout the Lease Term, the Company shall pay to the Agency as additional rent, within ten twenty (1020) days of receipt of demand therefor, an amount equal to the sum of the expenses of the Agency and the members thereof incurred (i) by reason of the Agency’s ownership, leasing, subleasing, or financing of the Facility, or (ii) in connection with the carrying out of the Agency’s duties and obligations under the Agency Documents, the payment of which is not otherwise provided for under this Lease Agreement. The foregoing shall be in addition to any annual or continuing administrative or management fee imposed by the Agency now or hereafter. (cd) The Company, under the provisions of this Section 4.3, agrees to make the above-above- mentioned payments in immediately available funds and without any further notice in lawful money of the United States of America. In the event the Company shall fail to timely make any payment required in Section 4.3(a) or 4.3(b4.3(c), the Company shall pay the same together with interest on such payment at a rate equal to two percent (2%) plus the Prime Rate, but in no event at a rate higher than the maximum lawful prevailing rate, from the date on which such payment was due until the date on which such payment is made.

Rents and Other Amounts Payable. (a) The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January February 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2018 and continuing through the Lease Term. (b) In addition to the payments of basic rent pursuant to Section 4.3(a5.3(a) hereof, throughout the Lease Term, the Company shall pay to the Agency as additional rent, within ten (10) days of receipt of demand therefor, an amount equal to the sum of the expenses of the Agency and the members thereof incurred (i1) by reason of the Agency’s ownership, leasing, subleasing, 's ownership or financing leasing of the Facility, Facility or (ii) in connection with the carrying out of the Agency’s 's duties and obligations under the Agency Documents, the payment of which is not otherwise provided for under this Lease Agreement. The foregoing shall not be in addition deemed to include any annual or continuing administrative or management fee imposed beyond any initial administrative fee or fee for services rendered by the Agency now or hereafter.Agency, (c) The Company, under the provisions of this Section 4.35.3, agrees to make the above-mentioned payments in immediately available funds and without any further notice in lawful money of the United States of America. In the event xxxxx the Company shall fail to timely make any payment required in Section 4.3(a5.3(a) or 4.3(b5.3(b), the Company shall pay the same together with interest on such payment at a rate equal to two percent (2%) plus the Prime Rate, but in no event at a rate higher than the maximum lawful prevailing rate, from the date on which such payment was due until the date on which such payment is made.,

Rents and Other Amounts Payable. (a) The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the . (b) The Company shall pay to the Agency Agency, on each and every January 1 during the term of this Lease Agreement, an annual compliance administrative fee of $1,000 on or before January 1 0.10 percent of each year commencing January 1, 2018 the maximum total Project Cost (as defined and continuing through set forth in the Lease TermProject Application Information). (bc) In addition to the payments of basic rent pursuant to Section 4.3(a) hereof, throughout the Lease Term, the Company shall pay to the Agency as additional rent, within ten (10) days of receipt of demand therefor, an amount equal to the sum of the expenses of the Agency and the members thereof incurred (i) by reason of the Agency’s 's ownership, leasing, subleasing, or financing of the Facility, or (ii) in connection with the carrying out of the Agency’s 's duties and obligations under the Agency Documents, the payment of which is not otherwise provided for under this Lease Agreement. The foregoing shall be in addition to any the annual or continuing administrative or management fee imposed by the Agency now or hereafterpursuant to paragraph (b) above. (cd) The Company, under the provisions of this Section 4.3, agrees to make the above-mentioned payments in immediately available funds and without any further notice in lawful money of the United States of America. In the event the Company shall fail to timely make any payment required in Section 4.3(a), 4.3(b) or 4.3(b4.3(c), the Company shall pay the same together with interest on such payment at a rate equal to two percent (2%) plus the Prime Rate, but in no event at a rate higher than the maximum lawful prevailing rate, from the date on which such payment was due until the date on which such payment is made.

Rents and Other Amounts Payable. (a) The Company shall pay basic rent for the Project Facility leased hereunder as follows: One Dollar ($1.00) per year commencing on So long as the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In additionleasehold estate created hereby shall not be terminated, the Company shall pay pay, directly to the Agency an annual compliance fee Agency, on the date of $1,000 execution and delivery of this Agreement and on or before January 1 the first day of February in each calendar year commencing January 1, 2018 and continuing through thereafter during the Lease Term, an amount equal to the sum of Five Hundred Dollars ($500.00) per year. (b) In addition to the payments of basic rent amounts payable pursuant to Section 4.3(a5.3(a) hereof, throughout the Lease Term, the Company shall pay to the Agency as additional rent, within ten thirty (1030) days of the receipt of demand therefor, an amount equal to the sum of the reasonable expenses of the Agency and the members members, officers, agents, servants and employees thereof incurred (i) by reason of the Agency’s ownership, leasing, subleasing, 's ownership or financing leasing of the Facility, or Project Facility and/or (ii) in connection with the carrying out of the Agency’s 's duties and obligations under this Agreement. At the request of the Company, the Agency Documents, shall provide the payment Company with an accounting of which is not otherwise provided for under this Lease Agreement. The foregoing shall be in addition to any annual or continuing administrative or management fee imposed by the Agency now or hereafterall such costs and expenses. (c) The Company, under the provisions of this Section 4.3, agrees to make the above-mentioned payments shall be made, without any further notice, in immediately available funds and without any further notice in lawful money of the United States of AmericaAmerica as, at the time of payment, shall be legal tender for the payment of public and private debts. In the event the Company shall fail to timely make any payment required in this Section 4.3(a) or 4.3(b)5.3, within ten days after notice of nonpayment, the Company shall pay the same together with interest on such payment thereon at a the rate equal to two of ten percent (210%) plus the Prime Rate, but in no event at a rate higher than the maximum lawful prevailing rate, per annum from the date on which such payment was due until the date on which such payment is made.