Base lease payment definition

Base lease payment means an amount deter- mined as follows:
Base lease payment has the meaning given in the Lease Agreement;
Base lease payment means that portion of the periodic lease payment which is the sum of the amortizing depreciation and the lease charge attributable to that payment period.

Examples of Base lease payment in a sentence

  • Sample Calculation of Present Value Capital cost$ 17,815,892 Base lease payment (per yr)$ 729,520Years 1 - 10 $ 779,260Years 11 - 20Interest rate Government borrowing rate:5.25% Term (Yrs)Base LeasePayments Present Value of lease payments Lease Cost Premium (%) (8,686,646.56) -48.8% 17,815,892.00 ‘Lease versus Own’ Analysis Ownership through a Lease Agreement should be premised on: The above noted threshold amounts are approximate minimum requirements.

  • COPIER LEASES:Approval was given to replace the following copiers with comparable units through Xerox Corporation.A. Altoona Main Copy Room – Flat Rate Lease of $549.16 per month for a period of 5 years.B. Business Office – Base lease payment of $318.22 per month for 5 years for 5,000 copies per month, with a ―per copy‖ charge for usage over the base amount.


More Definitions of Base lease payment

Base lease payment means an amount determined as follows:
Base lease payment means an amount determined as fol- lows:

Related to Base lease payment

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • 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.

  • 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.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

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

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Base Rent As defined in Section 3.1.

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

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • 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).

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • 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.

  • Percentage Rent As defined in Subsection 3.1(b).

  • concessionary payment means a payment made under arrangements made by the Secretary of State with the consent of the Treasury which is charged either to the National Insurance Fund or to a Departmental Expenditure Vote to which payments of benefit or tax credits under the benefit Acts or the Tax Credits Act 2002 are charged;

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

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

  • Property tax increment means the amount obtained by:

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet