Basic Rental Payments definition

Basic Rental Payments means that portion of the Rental Payments described in Section 5.2(a) of this Lease.

Basic Rental Payments means the Payments payable pursuant to Section 5.02. Bond Fund shall mean the fund established pursuant to Section 8.01 of the Indenture.

Basic Rental Payments means that portion of the Rental Payments described in Section 5.2(a) hereof.

Examples of Basic Rental Payments in a sentence

• The User shall receive a credit against Basic Rental Payments for the amount so drawn.

• The Company covenants and agrees to pay, or cause to be paid, as and for rental and for use of the Project, throughout the Term, the Basic Rental Payments and the Additional Rental Payments as provided in this Section, in funds which constitute lawful monies of the United States of America for the payment of public and private debts, as at the time of payment.

• No draw shall be made under the Letter of Credit with respect to Pledged Bonds, and the User shall receive no credit against Basic Rental Payments with respect to Pledged Bonds for any amounts drawn under the Letter of Credit.

• This is to provide an early warning should the shelf-life prove to be shorter than the provisional shelf- life estimated from the accelerated stability studies.

• The Issuer hereby directs the Company to make the Basic Rental Payments to the Lender for payment of the Equipment Loan, and such payments shall be made in a timely manner so that the Issuer can comply with the provisions of the Equipment Loan Documents.

• OSS is the UK’s largest waste oil collection andequity held recycling business.Cost of Investment Directors’ valuationPercentage of Dunedin£6.0m£9.5m 5.9%OSS processes a number of special waste streams arising from garages and other industrial premises.

• Section V.2. Rental Payments; Basic Rental Payments; and Additional Rental Payments.

• The City Council hereby irrevocably budgets and appropriates moneys in the amount of $ for Fiscal Year 2014, to be used to make the Basic Rental Payments (as defined in the Lease) due under the Lease during the Renewal Term of the Lease coextensive with Fiscal Year 2014.

• Upon payment of such amount to Lessor, such item shall become the property of Lessee, Lessor will transfer to Lessee, without recourse or warranty, all of Lessor's right, title and interest therein, the rent with respect to such item shall terminate, and the Basic Rental Payments on the remaining items shall be reduced accordingly.

• Such payments shall be deemed "Basic Rental Payments" under Section 4.02(a) of the Lease Agreement.

More Definitions of Basic Rental Payments

Basic Rental Payments means (i) the moneys payable by the Lessee pursuant to the provisions of Section 5.2 hereof, and (ii) any other moneys payable by the Lessee hereunder to provide for the payment of the principal of and the interest and premium (if any) on the Bonds (other than the aforesaid moneys payable pursuant to Section 5.2 hereof).

Basic Rental Payments means the Payments payable pursuant to Section 5.02. BOND FUND shall mean the fund established pursuant to Section 8.01 of the Indenture. BOND GUARANTY shall mean that certain Bond Guaranty Agreement dated March 1, 1999, executed by User in favor of the Trustee. BOND PAYMENT DATE shall mean each date on which any principal of, premium (if any) or interest on the Bonds is due and payable (whether on the maturity or due dates thereof, by call for optional or mandatory or extraordinary redemption, by acceleration, or by optional or mandatory tender). CITY shall mean the City of Piedmont, Alabama and any successor to its functions. CONSTRUCTION FUND shall mean the fund established pursuant to Section 7.02 of the Indenture.

Basic Rental Payments means the Payments payable pursuant to Section 5.02. Bond Fund shall mean the fund established pursuant to Section 8.01 of the Indenture. Bond Guaranty shall mean that certain Bond Guaranty Agreement dated March 1, 1999, executed by User in favor of the Trustee. Bond Payment Date shall mean each date on which any principal of, premium (if any) or interest on the Bonds is due and payable (whether on the maturity or due dates thereof, by call for optional or mandatory or extraordinary redemption, by acceleration, or by optional or mandatory tender). City shall mean the City of Piedmont, Alabama and any successor to its functions. Construction Fund shall mean the fund established pursuant to Section 7.02 of the Indenture. Credit Documents shall mean collectively all agreements, documents, guaranties, instruments, notes, notices, and other writings executed and delivered by the User or any other persons or persons which evidence, guarantee or provide security for the obligations of the User with respect to the Letter of Credit, including any amendments or supplements to any thereof from time to time entered into pursuant to the applicable provisions thereof, until a Substitute Letter of Credit shall have been accepted by the Trustee, and thereafter “Credit Documents” shall mean collectively all agreements, documents, guaranties, instruments, notes, notices, and other writings which evidence, guarantee or provide security for the obligations of the User with respect to such Substitute Letter of Credit. Debt Service shall mean the principal of, premium (if any) and interest on the Bonds. Enabling Law shall mean Division 1 of Article 4 of Chapter 54 of Title 11 of the Code of Alabama 1975. Environmental Law shall mean and include all laws, rules, regulations, ordinances, judgments, decrees, codes, orders, injunctions, notices and demand letters of any Governmental Authority applicable to the User or the Project Site (including the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. Sections 9601, et seq.) relating to pollution or protection of human health or the environment, including any relating to Hazardous Substances. Equipment shall have the meaning assigned in Demising Clause III of Article 3.

Basic Rental Payments means the payments required by Section 4.02 of the Lease Agreement. Beneficial Owner shall have the meaning set forth in Section 4.13 hereof. Bond shall mean any bond authenticated and delivered pursuant to this Indenture. Bond Fund shall mean the fund established pursuant to Section 8.01.