Lease Interest definition

Lease Interest means the excess rent paid for the same or similar replacement property over actual rent payable plus cash bonuses or advance rent paid (including maintenance or operating charges) for each month during the unexpired term of your lease.
Sample 1Sample 2Sample 3
Lease Interest. INSOFAR only as to that portion of the N/2 ST 150 excluded from the State Tract 127 No. 1 Unit, being depths above the stratigraphic equivalent of 100’ below the base of the 9800’ Sand TVD as seen in the Xxxxxxxx Corporation Aquamarine Unit Well No. 1 (API No. 42-057-31600): 74.8 % WI / 55.165% NRI Lease Interest: S/2 and the X/0 xx XX 000; X/0 XX 000; and the S/2 of ST 151:
Sample 1Sample 2Sample 3
Lease Interest means all rights and interests of Seller in, to, and under a Lease and the related Lease Documents.
Sample 1

Examples of Lease Interest in a sentence

  • The following definitions shall apply to this coverage: (1) Lease Interest means the excess rent paid for the same or similar replacement property over actual rent payable plus cash bonuses or advance rent paid (including any maintenance or operating charges) for each month during the unexpired term of the Named Insured’s lease.

  • All sums so paid by Landlord (together with interest at the Lease Interest Rate) and all necessary incidental costs and expenses in connection with the performance of any such act by Landlord, shall be deemed to be additional rent under this Lease and shall be payable to Landlord immediately on demand.

  • Any monetary obligations due from Tenant to Landlord which are not paid when due shall bear interest from the due date until paid to Landlord at the Lease Interest Rate.

  • Pursuant to Section 5.9(a) and (b) of the Series 2013-A Supplement, The Hertz Corporation, in its capacity as Group I Administrator under the Group I Related Documents and the Series 2013-A Related Documents, hereby provides notice of a Series 2013-A Lease Payment Deficit in the amount of $ (consisting of a Series 2013-A Lease Interest Payment Deficit in the amount of $ and a Series 2013-A Lease Principal Payment Deficit in the amount of $ ).

  • If you wish to prevent all websites using the FullStory Services to be able to record activity, you can opt-out of the FullStory Services.

  • Pursuant to paragraphs (a) and (b) of Clause 5.9 (Certain Instructions to the Issuer Security Trustee) of the Issuer Facility Agreement, Hertz Europe Limited, in its capacity as Issuer Administrator under the Issuer Related Documents, hereby provides notice of a Lease Payment Deficit in the amount of €[●] (consisting of a Lease Interest Payment Deficit in the amount of €[●] and a Lease Principal Payment Deficit in the amount of €[●]).

  • Pursuant to Section 5.9(a) and (b) of the Series 2013-B Supplement, The Hertz Corporation, in its capacity as Group II Administrator under the Group II Related Documents and the Series 2013-B Related Documents, hereby provides notice of a Series 2013-B Lease Payment Deficit in the amount of $ (consisting of a Series 2013-B Lease Interest Payment Deficit in the amount of $ and a Series 2013-B Lease Principal Payment Deficit in the amount of $ ).

  • Tenant shall document the actual and reasonable costs incurred by Tenant to perform such cure, and supply said documentation to Landlord with a written request for reimbursement, and Landlord shall reimburse Tenant for all such costs within thirty (30) days after receipt of such request for reimbursement, with interest at the Lease Interest Rate accruing from the date Tenant incurred such costs.

  • For the purposes of this Lease "Interest Rate" shall mean three (3%) percent per annum over the then prime rate of interest established by Citibank, N.A. (or any successor thereto), adjusted daily, but in no event in excess of the maximum lawful rate of interest permitted by applicable law.

  • Consolidated Interest Expense shall in any event include the Synthetic Lease Interest Component of any Synthetic Lease entered into by the Company or any of its Subsidiaries.


More Definitions of Lease Interest

Lease Interest. With respect to any Lease Payment for any period under a Lease Contract, the amount determined by multiplying the Lease Balance at the beginning of such period by the Lease Rate for such period.
Sample 1
Lease Interest means interest arising out of the financial leasing and, if any,
Sample 1
Lease Interest means the excess rent paid for the same or similar replacement property over the actual rent that was being paid at the damaged premises plus cash bonuses or advance rent paid (including maintenance or operating charges) for each month during the unexpiredterm of the Insured’s cancelled lease.
Sample 1
Lease Interest. Rate shall mean 9.0%.
Sample 1

Related to Lease Interest

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.

  • 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 Rent Period Annual Rate Per Square Foot Monthly Base Rent

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

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • 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.