Accrued Rent definition

Accrued Rent means in respect of any LME Warrant and any day, the rent payable pursuant to the terms of such LME Warrant as at such day then accrued and unpaid.

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Accrued Rent. Any amount of Base Rent or Percentage Rent that is not paid by Lessee as and when the same becomes due and payable under the terms of this Lease, which Accrued Rent shall bear interest at the Base Rate until paid or otherwise discharged in accordance with this Lease.

Examples of Accrued Rent in a sentence

In the first Extended Term, Base Rent, Current Rent and Accrued Rent shall be calculated using the method applicable during the last year of the Fixed Term.
During any such six (6) month period all the provisions of this Lease shall remain in full force and effect and Base Rent, Current Rent and Unpaid Accrued Rent shall not be abated or reduced during such period of taking.
Tenant shall have the right to prepay all or any portion of the Unpaid Accrued Rent at any time, provided, however, that any such -------- ------- prepayment shall be applied first to any past due amounts owing under this Lease (including, without limitation, any amounts due and owing as the result of an Event of Default) and the balance to Unpaid Accrued Rent in the reverse order of accrual (i.
The Rent shall be paid absolutely net to Lessor, --------- without any rights of deduction, set-off or abatement, so that this Lease shall yield to Lessor the full amount of the installments of Current Rent, Unpaid Accrued Rent and Additional Charges, throughout the Term, including, without limitation, any Extended Terms.
Tenant shall pay to Lessor, in lawful money of the ---- United States of America which shall be legal tender for the payment of public and private debts, at Lessor's address set forth in Section 34.1 below or at ------------ such other place or to such other person(s), firm(s) or corporation(s) as Lessor from time to time may designate in writing, Current Rent, Unpaid Accrued Rent and Additional Charges during the Term, including, without limitation, any Extended Terms, as hereinafter provided.
If Tenant provides -------------------------------------- or arranges such financing, there shall be no adjustment in Base Rent, Current Rent or Unpaid Accrued Rent by reason of any such Capital Alteration.
Notwithstanding anything contained herein to the contrary, Excess Monthly Deposit Credits shall, upon their creation, be applied first, to reduce and satisfy any Accrued Rent and all accrued and unpaid interest thereon, until all Accrued Rent has been satisfied in full.
In the event Tenant so elects to forego its aforesaid reimbursement from Lessor, during the Reimbursement Period, Current Rent and Accrued Rent allocable to such Facility shall be payable in the manner set forth in Section 3.1 of this Lease, but with each such component of ----------- Rent being reduced to one-half (1/2) of the respective amounts thereof that were allocable to such Facility as of the expiration of the Term as to such Facility.
If Tenant provides or -------------------------------------- arranges such financing, there shall be no adjustment in Base Rent, Current Rent or Unpaid Accrued Rent by reason of any such Capital Alteration.
The Administrative Agent shall have received subordination agreements in respect of the Accrued Rent Obligations, the Existing Insider Notes and the Existing Subordinated Notes in form and substance acceptable to the Administrative Agent.

More Definitions of Accrued Rent

Accrued Rent. (a) For the period from the Effective Date through April ------------ 30, 2004, zero (0) and (b) for a particular Rent Calculation Year thereafter, an amount equal to (i) the Base Rent for such Rent Calculation Year, less (ii) the Current Rent for such Rent Calculation Year. One twelfth (1/12th) of the Accrued Rent for a particular Rent Calculation Year shall be deemed earned by Lessor on the first (1st) day of each month during such year. The Accrued Rent shall also include, as Accrued Rent that is owing hereunder and fully earned by Lessor, all Unpaid Accrued Rent, if any, that was owing as of the Effective Date under the Original Master Lease and attributable to the Leased Properties under this Lease pursuant to Section 40.15(a)(iii) of the Original Master Lease. ---------------------

Accrued Rent means (i) the amount of Basic Rent which would have been ------------ payable pursuant to the definition of "Basic Rent" without reduction, however, for Average Cash Collateral Balance provided for in clause (y) of such definition, less (ii) the Basic Rent actually payable pursuant to the definition of Basic Rent.

Accrued Rent means in respect of any Warrant and any day the rent payable

Accrued Rent means the Basic Rent that otherwise would be payable but for the provisions of Section 4.1(a) of the Lease.

Accrued Rent means all accrued but unpaid rent on the Real Property of the Company.

Accrued Rent means, as of any date of determination, the aggregate Accrued Supplement Rent under all of the Lease Supplements as of such date.