B Rent definition

B Rent means an amount equal to: (i) $250.00 plus (ii) interest on the Property Subaccount B computed at the Applicable Rate for each Calculation Period on the basis of a three hundred sixty (360) day year consisting of twelve (12) months of thirty (30) days each. A. Any change in the Applicable Rate shall become effective as of the Rate Determination Effective Date. Lessor shall re-calculate the Applicable Rate on each Rate Determination Date and shall notify Lessee of any change in the Applicable Rate and the amount of the B Rent until the Applicable Rate is re-calculated on the next Rate Determination Date. Each determination by Lessor of the Applicable Rate shall be conclusive and binding for all purposes, absent manifest error. B. If LC Holder or Lessor shall have determined (which xxxxxxxxxtion shall be conclusive and binding upon Lessee absent manifest error) that by reason of circumstances affecting the London interbank eurodollar market, adequate and reasonable means do not exist for ascertaining LIBOR, then LC Holder or Lessor shall, by notice to Lessee (ax Xxxxxxxxx Xxxx Notice), which notice shall set forth in reasonable detail such circumstances, establish the Applicable Rate at LC Holder's (or, if none, an Institutional Lender'x xxxxxxxxxx selected by Lessor) then customary spread (the Substitute Spread), taking into account the size of the Property Subaccount B and the creditworthiness of the issuer of the Qualifying Letter of Credit, above a published index used for variable rate loans as reasonably determined by LC Holder or Lessor (the Substitute Rate). C. If, pursuant to the terms of this Lease, the Lease has been converted to a Substitute Rate Lease and LC Holder or Lessor shall determine (which determxxxxxxx xhall be conclusive and binding upon Lessee absent manifest error) that the event(s) or circumstance(s) which resulted in such conversion shall no longer be applicable, LC Holder or Lessor shall give notice thereof to Xxxxxx, xnd the Substitute Rate Lease shall automatically convert to a LIBOR Lease on the effective date set forth in such notice. Notwithstanding any provision of this Lease to the contrary, in no event shall Lessee have the right to elect to convert a LIBOR Lease to a Substitute Rate Lease. Alabama Lease Agreement
B Rent means, prior to a Conversion, Floating B Rent and, following a Conversion, Fixed B Rent.
B Rent means in relation to each Rent Payment Date (other than the Delivery Date), an amount equal to ** Dollars ($** ). [BFE Xxxx of Sale means the xxxx of sale relating to and attaching a list of the buyer furnished equipment installed on the Aircraft executed by the [Head Lessee] [Purchaser] in favour of the Manufacturer and dated the Delivery Date.] [BFE Invoice means the invoice from the [Head Lessee] [Purchaser] to the Manufacturer in respect of the Buyer Furnished Equipment.]

Examples of B Rent in a sentence

  • A last month’s rent deposit collected at the beginning of the tenancy, regardless of whether the deposit covers a period beyond a termination date; (B) Rent distributed pursuant to a court order releasing money paid into court as provided by ORS 90.370 (1); or (C) Rent paid for a rent obligation not yet due and paid more than one rental period in advance.

  • B) Rent benefits are available to households renting accommodations as long as no household member owns any other real estate.

  • As of the last day of each Fiscal Quarter, for the twelve month period ending on such date, the Borrower shall not permit the ratio of (i) the difference of (A) EBITDAR for such period minus (B) Capital Expenditures for such period to (ii) the sum of (A) Interest Expense (net of interest income of the Borrower and its Subsidiaries, as determined in accordance with GAAP) for such period plus (B) Rent Expense for such period (the “Fixed Charge Coverage Ratio”) to be less than 2.0 to 1.0.

  • B) Rent may not be altered during the official noticing period unless expressly provided in a preexisting written lease.

  • In sum, DIVCO believes that the Senate should not adopt this untenable position.

  • B Rent and service charges due (including void rent loss) This is the rent and service charges due on Broadway Living properties.

  • A last month’s rent deposit collected at the beginning of the tenancy, regardless of whether the deposit covers a period be- yond a termination date; (B) Rent distributed pursuant to a court order releasing money paid into court as provided by ORS 90.370 (1); or (C) Rent paid for a rent obligation not yet due and paid more than one rental period in advance.

  • A last month′s rent deposit collected at the beginning of the tenancy, regardless of whether the deposit covers a period be- yond a termination date; (B) Rent distributed pursuant to a court order releasing money paid into court as provided by ORS 90.370 (1); or (C) Rent paid for a rent obligation not yet due and paid more than one rental period in advance.

  • For instance, a rent check dated December 21, 2006 and totaling $3,000.00 from a tenant living at 516 S.16th St. was paid to the order of “Melvin Gibson/Blu-Financial Grp.” See Exhibit B (Rent check).

  • Xxxxxx ----------------------------- ----------------------------- Title: Sr. Vice President Title: President -------------------------- -------------------------- EXHIBIT A Plan of Premises ---------------- [FLOOR PLAN] EXHIBIT B Rent Schedule ------------- YEAR PER MONTH PER ANNUM 2 $15,269 $183,223 3 $16,603 $199,244 4 $18,005 $216,066 5 $19,477 $233,729 EXHIBIT C May 24, 1999 Xx. Xxxxxx Xxxx PRESIDENTIAL TOWERS 000 X.


More Definitions of B Rent

B Rent means in relation to each Rent Payment Date (other than the Delivery Date), an amount equal to ** Dollars ($** ) or such other amount as the Servicing Agent or, following an Event of Default, the Relevant Agent, may confirm is required from time to time to discharge the ongoing operating expenses of the Lessor plus an annual profit of ** Dollars ($** ). [BFE Xxxx of Sale means the xxxx of sale relating to and attaching a list of Buyer Furnished Equipment installed on the Aircraft executed by the [Head Lessee] [Purchaser] in favour of the Manufacturer and dated the Delivery Date.] [BFE Invoice means the invoice from the [Head Lessee] [Purchaser] to the Manufacturer in respect of the Buyer Furnished Equipment (other than the seller supplied buyer furnished equipment).] [BFE Portion means the Portion of the Aircraft Price which is the aggregate of:

Related to B Rent

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • To rent means to lease, to sublease, to let, or otherwise to grant for consideration the right to

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • For Rent or "For Sale" thirty (30) days before the termination of this Lease. Landlord may enter the Premises at reasonable hours to exhibit same to prospective purchasers or tenants and to make repairs required of Landlord under the terms hereof, or to make repairs to Landlord's adjoining property, if any.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Current Rent means, in respect of each of the tenancies subject to which the lot is sold, the instalment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.