Lease Charges definition

Lease Charges means lease (or rent) charges calculated and determined based on the Lease Rate.
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Lease Charges means the charges for the Lease Period calculated in accordance with the Proposal, or such other rate confirmed by us in writing, as may be amended in accordance with this Agreement;
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Lease Charges shall have the meaning set forth in Clause 9.2.
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Examples of Lease Charges in a sentence

  • Annual Land Lease Charges as specified in Land Sub Lease Agreement shall be payable by SPD to the SPPD in accordance with terms and conditions laid out in Land Sub Lease Agreement.

  • In this event, we shall change the Vehicle for a like-for-like Vehicle without any change to the Lease Charges.

  • Lease Charges will accrue at the rate implicit in the lease on an actuarial basis assuming a 360-day year of 12 months of 30 days each,, payments in advance, a lease date of the first day of the month, a payment due date of the first day of the month and payments being made on the exact due dates and , the outstanding Adjusted Capitalized cost at the end of the Lease Term plus accrued lease charges for the final month equals the Residual Value shown in paragraph 2 g iv.

  • Upon receipt by Lessor of the Casualty Loss Value: (i) the applicable Equipment shall be removed from the Lease Schedule; and (ii) Lessee’s obligation to pay Lease Charges associated with the applicable Equipment shall cease.

  • However, to the extent Excess Consumption is provided to a Member Agency then the Member Agency shall be subject to Capacity Lease Charges as defined by Schedule VI-5.

  • LEASE RATE AND CHARGES a) Lease Charges based on lease rate of % $ b) Total Lease Implicit Finance Charges $ c) Capitalized Amount $ d) Annual Percentage Rate % 3.

  • Capacity Lease Charges shall be billed to Member Agencies incurring the charges and CIWW shall credit the receipts thereof to the Member Agencies not incurring such charges on such days on a proportionate basis as defined in Schedule VI-5.

  • As defined in Part 7 below, the percentage of paid Lease Charges which may be applied towards the payment of the Sales Price declines as the Term of the Lease increases (the percentage is called the “% Rentals Applied”).

  • Each Lessee will pay Rent due and payable on a monthly basis as set forth in this Clause 4 (Rent and Lease Charges).

  • Should Customer fail to pay any Lease Charges when due, Customer shall be liable for interest on such delinquent amounts at the rate of one and one-half percent (1.5%) per month or the maximum permissible rate allowed in the jurisdiction in which Customer’s principal place of business is located, whichever is lower, from the date on which payment was due until paid.


More Definitions of Lease Charges

Lease Charges shall have the meaning set forth in Section 2.3.
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Lease Charges means the total lease charge calculated by multiplying the linear feet (“LF”) of Goods, by the Minimum Days, by the price per LF as specified in the Contract;
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Related to Lease Charges

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • 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%.