Deferred rent definition

Deferred rent means rent the payment of which has been deferred, according to the ordinary course of dealing between the landlord and the tenant, to the end of a quarter or half-year after it legally became due.
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Deferred rent means the excess (deficit) of accrued rent calculated in accordance with Statement of Financial Accounting Standards No. 13 and GAAP as compared to amounts paid under operating lease arrangements, as set forth in the Company's cash flow statements.
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Deferred rent has the meaning ascribed thereto in section 2.4;
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Examples of Deferred rent in a sentence

  • Deferred rent, when material, is recorded for the difference between the fixed payment and the rent expense.

  • Deferred rent represents rent expense recognized in excess of rental payments made.

  • Deferred rent is the difference at year-end between the sum of monthly cash disbursements paid to date for rent and the sum of the average monthly rent calculated based on the term of the lease.

  • Deferred rent and deferred rent credits are included in current and non-current other assets or liabilities in the accompanying consolidated balance sheets based on the timing of when amounts are due or will be recognized.

  • Deferred rent is recorded when the cash rent received is lower than the straight-line revenue recognized.


More Definitions of Deferred rent

Deferred rent. As defined in Article III.
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Deferred rent shall have the meaning set forth in Section 6.6 of this Lease."
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Deferred rent means rent the payment of which has been deferred, according to the ordinary course of dealing between the landlord and the tenant, to the
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Deferred rent means the excess of (1) the Base Rent specified in Paragraph 1.5 above; over (2) the greater, from time to time, of (i) $27,000 per month (ii) all sublease rents payable under all subleases of any or all of the Premises.
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Deferred rent means any amounts specified herein to be paid on account of Deferred Rent, including as provided in Sections 6.1(3)(c), (g) and (i) and Section 6.1(11).
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Deferred rent means, at any time of determination, that portion of rental expense payable by the Borrower that is deferred and normally recorded as a liability on the balance sheet of the Borrower.
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Deferred rent has the meaning set forth in Section 5 of the Fourth Amendment.
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