Base Lease Rent definition

Base Lease Rent means those items referred to as such in Section 3.4 hereof.
Sample 1Sample 2
Base Lease Rent means those items referred to as such in Section 3.4 hereof. “Base Lease Term” means the term of this Base Lease which ends on June 30, 2046. “City” means the City of Greenville, South Carolina.
Sample 1
Base Lease Rent means the amount set forth in Section 3.4(a) of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on the earlier of (i)December 1, 2056, or (ii) the date on which the Series 2017B Bonds are discharged within the meaning of Section 3.19(d) of the Trust Agreement.
Sample 1

Examples of Base Lease Rent in a sentence

  • To that end and for that purpose to the extent permitted by law, the County hereby releases each and every incorporator, member, director and officer of the Corporation of and from any personal or individual liability under this Base Lease, including without limitation the obligation to make payment of the Base Lease Rent and, to the extent permitted by law, agrees to hold such individuals harmless against all suits, claims, actions and judgments arising out of this Base Lease.

  • In consideration for the leasing of the Real Property to the Corporation hereunder, the Corporation agrees (i) to pay to the County the sum of Dollars and /100 ($ ) on the closing date of the Series 2020 Notes as a prepayment of the Base Lease Rent for the term of the Base Lease and Conveyance Agreement and (ii) to fulfill its obligations with respect to the Project Facilities as provided in the Facilities Agreement.

  • After processing, the recovered oil was placed in storage tanks such as tanks one through six on the Weston map.

  • The proceeds of the Bonds and the Notes, net of underwriter’s discount, shall be applied, as provided in the Trust Agreement or related supplements, to provide the amounts necessary to (i) pay the costs of the Project Facilities, the 2020 Real Property and the Ancillary Facilities; (ii) pay Base Lease Rent to be used to finance the costs of the Ancillary Facilities; and (iii) pay costs of issuance of the Bonds.

  • If the remaining term of the Ground Lease as of the date of closing is a period of time less than fifteen (15) years, the Base Lease Rent to be used for purposes of calculating Interim Rent and Minimum Rent shall be determined by the Company based on the actual remaining term of the Ground Lease.

  • As and for rental hereunder and in consideration for the leasing of the 2013 Real Property to the Corporation hereunder, the Corporation agrees (a) to pay an annual Base Lease Rent of One Dollar per year and (b) to fulfill its obligations with respect to the 2013 Facilities as provided in the Purchase and Use Agreement.

  • The main idea is to move adatoms with probabilities proportional to their diffusion rates, given by Eq. (4).

  • Neither party shall reveal such terms to a third party without the written express consent of the other party.

  • As and for rental hereunder and in consideration for the leasing of the 2022 Real Property to the Corporation hereunder, the Corporation agrees (i) to pay to the County an annual amount of Base Lease Rent of One Dollar ($1.00) per year, and (ii) to fulfill its obligations with respect to the Facilities as provided in the Purchase and Use Agreement.

  • The County and the Corporation agree that any amounts paid by the Corporation as its initial payment of Base Lease Rent which are not expended to pay for the acquisition of real property currently owned by the Commission to be included in this Base Lease as contemplated in the Ordinance will be applied to the costs of the Project Facilities.


More Definitions of Base Lease Rent

Base Lease Rent means those items referred to as such in Section 3.4 of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on 2, 2053. “Capital Projects” means the improvements to be acquired, constructed, renovated, expanded, equipped and furnished upon the Project Facilities Real Property.
Sample 1
Base Lease Rent means the amount set forth in Section 3.4 of this Base Lease.
Sample 1
Base Lease Rent means those items referred to as such in Section 3.3 of this Base Lease.
Sample 1
Base Lease Rent means those items referred to as such in Section 3.3 of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on , 204 . “City” means the City of Tega Cay, South Carolina.
Sample 1
Base Lease Rent means those items referred to as such in Section 3.4 of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on March 1, 2050.
Sample 1

Related to Base Lease Rent

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto. (a) Base Rent Paid Upon Execution: $ N/A as Base Rent for the period N/A.

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

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

  • 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.

  • 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.

  • Rent means Basic Rent and Supplemental Rent, collectively.

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

  • 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

  • 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).

  • 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;

  • 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.

  • 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.

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

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

  • 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).

  • 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.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • 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).

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.

  • 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.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • 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.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.