Common use of TERM, RENT AND PAYMENT Clause in Contracts

TERM, RENT AND PAYMENT. (a) The rent payable hereunder (the "Rent") and Lessee's right to use the Equipment shall commence on the date of execution by Lessee of the Certificate of Acceptance for such Equipment ("Lease Commencement Date"). The Term of this Agreement (the "Term") shall be the period specified in the applicable Schedule. If any Term is extended, the word "Term" shall be deemed to refer to all extended terms, and all provisions of this Agreement shall apply during any extended terms, except as may be otherwise specifically provided in writing. (b) Rent shall be paid to Lessor by wire transfer of immediately available funds to: Bankers Trust New York, New York, New York 10006, Account No. 50-202-962, ABA No. 021-001-033, or to such other accoxxx xx Xxxxxx xxx xxxxxx xx xxxxxxg; and shall bx xxxxxxxxe upon recxxxx. Xxxxents of Rent shall be in the amount set forth in, and due in accordance with, the provisions of the applicable Schedule. In no event shall any Rent payments be refunded to Lessee. If Rent is not paid within three (3) days of its due date, Lessee agrees to pay a late charge of Five Cents ($0.05) per dollar on, and in addition to, the amount of such Rent but not exceeding the lawful maximum, if any.

TERM, RENT AND PAYMENT. (a) The rent payable hereunder (the "Rent") and Lessee's right to use the Equipment shall commence on the date of execution by Lessee of the Certificate of Acceptance for such Equipment (the "Lease Commencement Date"). The Term term of this Agreement (the "Term") shall be the period specified in the applicable Schedule. If any Term is extendedextended or renewed, the word "Term" shall be deemed to refer to all extended or renewed terms, and all provisions of this Agreement shall apply during any extended or renewed terms, except as otherwise may be otherwise specifically provided in writing. . (b) Rent shall be paid to Lessor by wire transfer of immediately available funds to: Bankers Trust New YorkXxx Xxxx, New YorkXxx Xxxx, New York 10006Xxx Xxxx 00000, Account No. 5000-202000-962000, ABA No. 021000-001000-033000, or to such other accoxxx xx Xxxxxx xxx xxxxxx xx xxxxxxgaccount as Lessor may direct in writing; and shall bx xxxxxxxxe be effective upon recxxxxreceipt. Xxxxents Payments of Rent shall be in the amount set forth in, and due in accordance with, the provisions of the applicable Schedule. In no event shall any Rent payments be refunded to Lessee. If Rent is not paid within three ten (310) days of its due date, Lessee agrees to pay a late charge of Five Cents ($0.05) per dollar on, and in addition to, the amount of such Rent but not exceeding the lawful maximum, if any.

TERM, RENT AND PAYMENT. (a) The rent payable hereunder (the "RentRENT") and Lessee's right to use the Equipment shall commence on the date of execution by Lessee of the Certificate of Acceptance for such Equipment ("Lease Commencement DateLEASE COMMENCEMENT DATE"). The Term term of this Agreement (the "Term") shall be the period specified in the applicable Schedule. If any Term is extended, the word "Term" shall be deemed to refer to all extended terms, and all provisions of this Agreement shall apply during any extended terms, except as otherwise may be otherwise specifically provided in writing. (b) Rent shall be paid to Lessor by wire transfer check (accompanied by a copy of immediately available funds Lessor's invoice) sent to: Bankers Trust New YorkP.O. Box 640387, New YorkPittsburgh, New York 10006, Account No. 50Pennsylvania 15264-202-962, ABA No. 021-001-033, 0378; or to such other accoxxx othxx xxxxxxx xx Xxxxxx xxx xxxxxx xx xxxxxxgxxxxxxx; and shall bx xxxxxxxxe xxx xxxxl be effective upon recxxxxreceipt. Xxxxents Payments of Rent shall be in the amount set forth in, and due in accordance with, the provisions of the applicable Schedule. If one or more Advance Rentals are payable, such Advance Rental shall be (i) set forth on the applicable Schedule, (ii) due upon acceptance by Lessor of such Schedule, and (iii) when received by Lessor, applied to the first Rent payment and the balance, if any, to the final Rent payment(s) under such Schedule. In no event shall any Advance Rental or any other Rent payments be refunded to Lessee. If Rent is not paid within three ten (310) days of its due date, Lessee agrees to pay a late charge of Five Cents ($0.05) per dollar on, and in addition to, the amount of such Rent but not exceeding the lawful maximum, if any.

TERM, RENT AND PAYMENT. (a) The rent payable hereunder (the "Rent") and Lessee's right to use the Equipment shall commence on the date of execution by Lessee of the Certificate of Acceptance for such Equipment ("Lease Commencement Date"). The Term of this Agreement (the "Term") shall be the period specified in the applicable Schedule. If any Term is extended, the word "Term" shall be deemed to refer to all extended terms, and all provisions of this Agreement shall apply during any extended terms, except as may be otherwise specifically provided in writing. (b) Rent shall be paid to Lessor by wire transfer of immediately available funds to: Bankers Trust New YorkXxx Xxxx, New YorkXxx Xxxx, New York 10006Xxx Xxxx 00000, Account No. 5000-202000-962000, ABA No. 021000-001000-033000, or to such other accoxxx xx Xxxxxx xxx xxxxxx xx xxxxxxgaccount as Lessor may direct in writing; and shall bx xxxxxxxxe be effective upon recxxxxreceipt. Xxxxents Payments of Rent shall be in the amount set forth in, and due in accordance with, the provisions of the applicable Schedule. If one or more Advance Rentals are payable, such Advance Rental shall be (i) set forth on the applicable Schedule, (ii) due upon acceptance by Lessor of such Schedule, and (iii) when received by Lessor, applied to the first rent payment and the balance, if any, to the final rental payment(s) under such Schedule. In no event shall any Advance Rental or any other Rent payments be refunded to Lessee. If Rent is not paid within three (3) ten days of its due date, Lessee agrees to pay a late charge of Five Cents (($0.05)) per dollar on, and in addition to, the amount of such Rent but not exceeding the lawful maximum, if any.

TERM, RENT AND PAYMENT. (a) The rent payable hereunder (the "RentRENT") and Lessee's Lessees' right to use the Equipment shall commence on the date of execution by Designated Lessee of the Certificate of Acceptance for such Equipment ("Lease Commencement DateLEASE COMMENCEMENT DATE"). The Term term of this Agreement (the "TermTERM") shall be the period specified in the applicable Schedule. If any Term is extended, the word "Term" shall be deemed to refer to all extended terms, and all provisions of this Agreement shall apply during any extended terms, except as may be otherwise specifically provided in writing. (b) Lessees shall make each payment of Rent shall be paid to Lessor by wire transfer of under this Agreement not later than 2:00 p.m. (New York time) on the day when due in immediately available funds to: Bankers Trust New York, New York, New York 10006, Account No. 50-202-962, ABA No. 021000-001000-033000, or xx xx xxxx xxxxx xxxxunt as Agent mxx xxxxxx in writing. Xxx xxxxxses of computing interest and Fees, all payments shall be deemed received on the day of receipt of immediately available funds therefore by the Agent prior to such other accoxxx xx Xxxxxx xxx xxxxxx xx xxxxxxg; and 2:00 p.m. New York time. Rent received after 2:00 p.m. New York time on any Business Day shall bx xxxxxxxxe upon recxxxxbe deemed to have been received on the following Business Day. Xxxxents Payments of Rent shall be in the amount set forth in, and due in accordance with, the provisions of the applicable Schedule. In no event shall any Rent payments payments, made in the amounts required on the applicable Schedule, be refunded to Lessee. If Rent is not paid within three (3) days of its due date, Lessee agrees to pay a late charge of Five Cents ($0.05) per dollar on, and in addition to, the amount of such Rent but not exceeding the lawful maximum, if anyLessees.