Equity Portion of Basic Rent definition

Equity Portion of Basic Rent means, at any Payment Date, the excess ---------------------------- of the amount of Basic Rent payable under the Lease on such Payment Date over the Scheduled Amortization Amount payable under the Indenture on such Payment Date.
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Equity Portion of Basic Rent means, so long as no Indenture Default or Indenture Event of Default shall have occurred and be continuing, all payments of Basic Rent in excess of the amount then due and owing in respect of the principal of and premium, if any, and interest on all Notes outstanding.
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Equity Portion of Basic Rent means, at any Payment Date, the amount set forth in column (__) on Schedule 3 to the Participation Agreement corresponding to such Payment Date.
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Examples of Equity Portion of Basic Rent in a sentence

  • The Option Purchase Price and the Option Date Equity Portion of Basic Rent shall have been received in the Designated Accounts.

  • The purpose of this pledge is to secure the Pledgor's obligation (whether now or thereafter existing) under the Facility Lease to pay the Equity Portion of Basic Rent and the Equity Portion of Termination Value or amounts computed by reference to the Equity Portion of Termination Value.

  • In addition, in connection with any adjustment pursuant to this Section 3.4, the Equity Exposure Amounts shall be increased or decreased by an increase or decrease, as the case may be, in the Equity Portion of Basic Rent or the Equity Portion of Termination Value.


More Definitions of Equity Portion of Basic Rent

Equity Portion of Basic Rent means for any Rent Payment Date the difference between (i) Basic Rent scheduled to be paid under the Facility Lease on such Rent Payment Date and (ii) the principal and interest scheduled to be paid on the Loan Certificate on such Rent Payment Date.
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Equity Portion of Basic Rent means the portion of any payment of Basic Rent, as of any date, that is not the Debt Portion.
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Equity Portion of Basic Rent means, as of any Rent Payment Date, an amount equal to the excess, if any, of (a) Basic Rent due on such date over (b) the principal amount of, and accrued interest on, the Lessor Notes scheduled (in accordance with the payment terms of the Lessor Notes) to be due on such date.
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Related to Equity Portion of Basic Rent

  • 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.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of the Sublease.

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

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

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

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

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Base Rent As defined in Section 3.1.

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

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • Cash Surrender Value means the net cash surrender value plus any amounts outstanding as policy loans.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Accretion Termination Date As defined in the Series Supplement.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Recapture Amount means, with respect to any Employment Violation by Grantee, the gross gain realized or unrealized by Grantee upon all vesting of Restricted Share Units or delivery or transfer of Vested Shares during the Look-back Period with respect to such Employment Violation, which gain shall be calculated as the sum of:

  • Cost Share means the member’s financial obligation for a covered service. Depending on the plan type, cost-share may include one or more of the following: deductible, copay, access fee, coinsurance, pharmacy deductible, and precertification charges.