Base Rental Payments definition

Base Rental Payments means all amounts payable to the Authority by the City as Base Rental Payments pursuant to Section 3.01 of the Lease Agreement.

Base Rental Payments means all amounts payable by the City as Base Rental pursuant to Section 6.01(a) hereof.

Base Rental Payments means each Sponsor’s Sponsor Payments designated as Base Rental Payments in Exhibit C hereto.

Examples of Base Rental Payments in a sentence

• Notwithstanding any release of Parcel A pursuant to this subsection, there shall be no reduction in or abatement of the Base Rental Payments due from the County hereunder as a result of such release.

• Each installment of Base Rental Payments payable hereunder shall be paid in lawful money of the United States of America to or upon the order of the Trustee, as the assignee of the Corporation, at the Office of the Trustee, or such other place or entity as the Trustee shall designate.

• The County agrees that if, following a partial prepayment of Base Rental Payments, the Property is damaged or destroyed or taken by eminent domain, or a defect in title to the Property is discovered, the County shall not be entitled to, and by such prepayment waives the right of, abatement of such prepaid Base Rental Payments and the County shall not be entitled to any reimbursement of such Base Rental Payments.

• A portion of the Base Rental Payments shall constitute principal components and a portion of the Base Rental Payments shall constitute interest components, as specified in the Base Rental Payment Schedule.

• Upon such extension, the principal and interest components of the Base Rental Payments shall be established so that the principal components will in the aggregate be sufficient to pay all extended and unpaid principal components and the interest components will in the aggregate be sufficient to pay all extended and unpaid interest components; provided, however, that the Rental Payments payable in any Rental Period shall not exceed the annual fair rental value of the Property.

More Definitions of Base Rental Payments

Base Rental Payments means all amounts payable to the Corporation from the District as Base Rental Payments pursuant to Section 3.01 of the Lease Agreement.

Base Rental Payments means the aggregate amount of all the payments required to be paid by the City pursuant to Section 6.01(a) of the Lease.

Base Rental Payments means all amounts payable to the Authority by the County as Base Rental Payments pursuant to Section 3.01 hereof.

Base Rental Payments has the meaning set forth in the Facilities Lease.

Base Rental Payments means all amounts payable to the Corporation by the County as Base Rental Payments pursuant to Section 3.02 of the Lease Agreement.

Base Rental Payments means the scheduled payments payable by the County as Base Rental Payments pursuant to Section 6.01(a) hereof.

Base Rental Payments means all amounts payable to the Corporation from the District as Base Rental Payments pursuant to Section 3.01 hereof.