Contingent Rent Payments definition

Contingent Rent Payments has the meaning set forth in the New Equipment Lease.
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Examples of Contingent Rent Payments in a sentence

  • The Parties agree that for Federal income tax purposes, (i) the transactions described in this Lease shall be considered as a taxable installment sale of the Facility, and (ii) the tax treatment of Contingent Rent Payments made by Lessee to the Lessor under the terms of this Lease will be governed by the principles of Treasury Regulation section 1.1275-4(c).

  • ZHCC and the Hospital agree tomake one or more Contingent Rent Payment(s) to the Plan, if the Plan does not earn an annual return on each of the Properties equal to a fixed interest rate of 8 percent (8%) in any year (the Minimum Funding Rate).

  • This will take the form of one or more Contingent Rent Payment(s) to the Plan so that the Plan’s actual return on the property (including rental payments) will not be less than the Minimum Funding Rate.

Related to Contingent Rent Payments

  • Contingent Payments has the meaning set forth in Section 2.3(d).

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • 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.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Interim Payment has the meaning specified in Section 10.1.

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Contingent Consideration shall have the meaning set forth in Section 2.5.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Lease Payments means the rental payments described in Exhibit A hereto.