Base Rental Deposit Date definition

Base Rental Deposit Date means the 15th day next preceding each Interest Payment

Base Rental Deposit Date means the fifth Business Day next preceding each Interest Payment Date.

Base Rental Deposit Date means the 15th day of the month next preceding each Interest Payment Date.

Examples of Base Rental Deposit Date in a sentence

• Each Base Rental Payment shall be deposited with the Trustee no later than the Base Rental Deposit Date preceding the Interest Payment Date on which such Base Rental Payment is due.

• Each Base Rental Payment shall be deposited with the Trustee, as assignee of the Corporation, no later than the Base Rental Deposit Date preceding the Interest Payment Date on which such Base Rental Payment is due.

• If the term of this Lease Agreement shall have been extended pursuant to Section 2.02 hereof, the obligation of the District to pay Rental Payments shall continue to and including the Base Rental Deposit Date preceding the date of termination of this Lease Agreement (as so extended pursuant to Section 2.02 hereof).

• In the event that Base Rental Payments will exceed Fair Rental Value in any Rental Period, Base Rental Payments due on each Base Rental Deposit Date shall equal one-twelfth (1/12th) of the Fair Rental Value of the Property and the remainder shall be paid as Excess Amounts as provided in Section 3.01(b) hereof.

• Each Base Rental Payment shall be deposited with the Trustee no later than the Base Rental Deposit Date preceding the Interest Payment Date or Principal Payment Date on which such Base Rental Payment is due.

More Definitions of Base Rental Deposit Date

Base Rental Deposit Date means the 25th day of the month next preceding each Interest Payment Date.

Base Rental Deposit Date means the Business Day immediately preceding each Interest Payment Date.

Base Rental Deposit Date means the Business Day next preceding each Interest Payment Date.

Base Rental Deposit Date means the second Business Day next preceding each Interest Payment Date.

Base Rental Deposit Date has the meaning given to such term in Section 3.02 hereof.

Base Rental Deposit Date means the 15th Business Day next preceding each Interest Payment Date and/or Principal Payment Date, as applicable.

Base Rental Deposit Date means the 15th day of each month, provided if such date is not a Business Day, the first Business Day following the 15th day of each month.