Fixed Rent Payments definition

Fixed Rent Payments. Schedule Balance: Payment Fixed Rent (A) Year Number Principal Schedule Balance ---- ------- ---------- ---------------- 1 1 15,499.18 2 15,604.87 3 15,711.28 4 15,818.41 5 15,926.27 6 16,034.87 7 16,144.20 8 16,254.29 9 16,365.12 10 16,476.71 11 16,589.06 12 16,702.18 2 13 16,816.07 Payment Fixed Rent (A) Year Number Principal Schedule Balance ---- ------- ---------- ---------------- 14 16,930.73 15 17,046.18 16 17,162.41 17 17,279.44 18 17,397.26 19 17,515.89 20 17,635.32 21 17,755.58 22 17,876.65 23 17,998.54 24 18,121.27 3 25 18,244.83 26 18,369.24 27 18,494.50 28 18,620.61 29 18,747.58 30 18,875.41 31 19,004.12 32 19,133.70 33 19,264.17 34 19,395.53 35 19,527.78 36 19,660.93 7,870,000.00 4 37 13,643.20 38 13,736.23 39 13,829.89 40 13,924.19 41 14,019.14 42 14,114.73 43 14,210.98 44 14,307.88 45 14,405.44 46 14,503.67 47 14,602.56 48 14,702.14 7,700,000.00 5 49 12,840.66 50 12,928.21 51 13,016.37 52 13,105.12 53 13,194.48 54 13,284.45 Payment Fixed Rent (A) Year Number Principal Schedule Balance ---- ------- ---------- ---------------- 55 13,375.04 56 13,466.24 57 13,558.06 58 13,650.51 59 13,743.59 60 13,837.30 7,540,000.00 THIRD AMENDMENT TO LEASE INTENDED AS SECURITY THIS THIRD AMENDMENT TO LEASE INTENDED AS SECURITY, dated May 1, 2005 (this "Amendment") Between BANC OF AMERICA LEASING & CAPITAL, LLC, a Delaware limited liability company ("Lessor") and LAKES ENTERTAINMENT, INC. a Minnesota corporation ("Lessee"), amends that certain Lease Intended as Security dated as of December 3, 1999 (as amended through the date hereof, the "Lease") as supplemented by Lease Schedule and Acceptance Certificate dated as of December 3, 1999 ("Lease Schedule"; the lease, as supplemented by Lease Schedule, being referred to herein as the "Lease"), in each case between the Lessor and the Lessee.

Examples of Fixed Rent Payments in a sentence

  • The Initial Term Fixed Rent Payments shall be payable through the end of the Initial Term notwithstanding any termination of this Lease (and the obligation to make all such Initial Term Fixed Rent Payments will be treated as having been incurred at the inception of the Initial Term), except for a termination pursuant to Section 3.1(e).

  • In the event that this Lease is terminated pursuant to Section 3.1(e) prior to the end of the Initial Term, no further Initial Term Fixed Rent Payments shall be due, though the Lessee will pay to the Lessor a pro-rated amount of the Initial Term Fixed Rent Payment due with respect to the Quarter in which this Lease is terminated.

  • From and after the Amendment Effective Date the schedule of Fixed Rent Payments set forth on Schedule VI of the Participation Agreement is hereby amended and restated in its entirety to read as set forth on Exhibit A attached hereto.

  • Effective as of the Effective Date hereof, the second (2nd) and third (3rd) sentences of Section 2.5 of the Lease (Fixed Rent Payments) is hereby deleted in its entirety and replaced with the following: “Until notice of some other designation is given, Annual Fixed Rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Xchange Owner LLC by mail to c/o Jumbo Capital Incorporated, 0000 Xxxxx Xxxxxx Xxxxx, 0xx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000.

Related to Fixed Rent Payments

  • 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.

  • 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.

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

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

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

  • 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 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:

  • Base Rent As defined in Section 3.1.

  • Additional Rental has the meaning set forth in Section 4.03.

  • 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.

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

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • 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).

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

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

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

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.