Lease Amount is an aggregate concept and means the sum of the Lease Advance Amounts outstanding at the applicable time.

Lease Amount shall equal $1,058,665.20, provided, however, if i3 settles, terminates or otherwise extinguishes the lease obligations with respect to i3’s offices located in Stamford, CT, the Lease Amount shall be zero and the amount of cash in clause (x) of Balance Sheet Cash shall be increased by $441,334.80; provided, further, that to the extent any such settlement or action creates or results in any cash payment obligations that have not been paid prior to the date the Estimated Closing Balance Sheet is finalized such cash payment obligations shall be reflected in the Estimated Closing Balance Sheet.

Lease Amount means the amount set out in the Ijara Terms.

Examples of Lease Amount in a sentence

The provision of decent shelter is a basic right for all residents.
Effective as of the Renewal Date, the Base Rent will be changed to equal 1/12th of the product of [i] the Lease Amount on the Renewal Date times [ii] the new Lease Rate equal to the Renewal Rate.
Effective as of the Renewal Date, a single Lease Amount will be computed by summing all Lease Advance Amounts (including the Acquisition Amount).
The Monthly Rent shall be $ , for a Total Lease Amount of $ which will be due in full, less any amounts actually paid, upon default or breach of this lease by Tenant.
In addition, if Tenant remains in possession past 12:00 p.m. (noon) on the second day after the expiration of the Term the tenancy shall become a tenancy at will with rent due on a per diem basis at a rate of 115% of the per diem rental amount pursuant to the Lease calculated by the formula: 1.15 X (Total Lease Amount / 365).

More Definitions of Lease Amount

Lease Amount is an aggregate concept and means the sum of the Lease Advance Amounts outstanding at the applicable time. As of the Effective Date, the Lease Amount is $47,831,425.00.

Lease Amount means the rent as may be fixed by the Authority having regard to all relevant factors including the market value of the site;

Lease Amount shall be defined to mean an amount equal to $1.5 million with respect to the lease obligations in Stamford, Connecticut (or such other lesser amount as the parties may agree), minus the Lease Adjustment Amount.

Lease Amount has the meaning specified in Section 3.1(b)(iv).

Lease Amount refers to the monthly rental amount payable by the Tenant to the Landlord, on the agreed date;

Lease Amount in respect of each Leased Asset, the rent principal payable by the relevant Lessee to the relevant Lessor under the Finance Lease Services;