Basic Rent Payment Date definition

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.
Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.
Basic Rent Payment Date means each day determined in accordance with Exhibit C upon which a payment of Basic Rent becomes payable. If a Basic Rent Payment Date shall fall on a day which is not a Business Day, any payment due on such Basic Rent Payment Date shall be made on the next succeeding Business Day.

Examples of Basic Rent Payment Date in a sentence

  • The Issuer reserves and the Company covenants and agrees to pay to the Trustee hereinafter provided and in the Indenture designated, for the account of the Issuer and during the Basic Term, for deposit in the Principal and Interest Payment Account referred to herein and in the Indenture established, on each Basic Rent Payment Date, Basic Rent in immediately available funds.


More Definitions of Basic Rent Payment Date

Basic Rent Payment Date means each date set forth on Exhibit B.
Basic Rent Payment Date means each date listed under the heading ----------------------- "Basic Rent Payment Date" in Exhibit C to the Lease.
Basic Rent Payment Date means April 1 of each year commencing April 1, 2021, until the principal of and interest on all Outstanding Bonds have been fully paid or provision made for their payment in accordance with the provisions of the Indenture.
Basic Rent Payment Date as set forth in a Rental Schedule with respect to the items of Equipment set forth therein.
Basic Rent Payment Date means June 20th and December 20th during the Lease Term or Renewal Term, or, if such day is not a Business Day, the next succeeding Business Day.
Basic Rent Payment Date the first day of each consecutive calendar month during the Term. Brokers: defined in the Basic Lease Provisions Building: defined in the Basic Lease Provisions.
Basic Rent Payment Date means the Business Day prior to each Bond Payment Date until the principal of, redemption premium, if any, and interest on the Bonds have been fully paid or provision made for their payment in accordance with the provisions of the Indenture.