Lease Rental definition

Lease Rental means as defined in Article 19 of this Agreement.
Lease Rental. As articulated in Schedule C herein (the “Lease Rental”). The monthly fixed lease rental for the Aircraft during the Lease Term (as hereinafter defined) shall be payable monthly in advance on the first day of each calendar month of the Lease Term. The first payment will include the lease rental due for the current monthly stub period if the Closing Date does not occur on the first day of a month and the full lease rental for the next calendar month of the Lease Term.
Lease Rental means the rent for the lease of the Equipment and the charges for the Maintenance services under this agreement to be paid by the “Lessee” to the “Lessor” at the end of each quarter. Lease Rentals are inclusive of freight, handling and packing charges, transit insurance, installation, and regular insurance and on-site comprehensive maintenance including spares at stipulated locations during the entire lease period and shall remain firm without any variation till completion of lease contract. The lease tax/VAT is payable extra on Equipment cost and Service Tax is payable extra on Maintenance and Incidentals. The octroi, wherever applicable, will be payable extra at the time of supply.

Examples of Lease Rental in a sentence

  • The Developer shall pay Upfront Premium, Lease Rental and Concession Fee to the Authority in accordance with Article 24 of this Agreement.

  • In consideration for the lease of the Site, the Developer shall pay the Authority, the Upfront Premium and Lease Rental specified in Article 24 hereof.

  • Notwithstanding anything in the Notes, the Indenture, or this Loan Agreement to the contrary, the Redevelopment Commission’s obligation to pay Lease Rental Payments shall not be subject to acceleration.

  • The principal of and interest on this Note is a limited obligation of the Borrower payable solely from the Lease Rental Payments.

  • The Lease Deed will have to be executed within 06 (six) months from the date of issue of allotment order, failing which the allotment will be liable to be cancelled and Lease Rental, Security Deposit and EMD forfeited.


More Definitions of Lease Rental

Lease Rental means the rental under the Ijarah calculated in accordance with the formula as stated in the Letter of Offer which shall be payable by the Customer to the Bank in accordance with the Ijarah Arrangement under the Tenth Schedule of this Agreement, and any reference toLease Rentals” shall be construed accordingly. For the avoidance of doubt, the rentals calculated and received by the Bank herein shall constitute the rentals payable to the Bank for the Bank’s undivided portion of beneficial ownership in the Property; Legal Process means pleadings, all forms of originating processes, interlocutory applications of whatever nature, affidavits, orders and such documents other than the aforesaid which are required to be served under the Rules of Court; Letter of Offer means the letter of offer issued by the Bank in favour of the Customer and includes any amendment(s) or variation(s) thereof and addition(s) thereto from time to time executed supplemental thereto or in substitution thereof;
Lease Rental means the consideration payable by NFL on lease of a vehicle together with the charges for fleet management services as defined in Article 2.2 along with all applicable taxes and duties. IN WITNESS WHEREOF THE PARTIES HERETO HAVE EXECUTED THESE PRESENTS ON THE DAY, MONTH AND YEAR ABOVE WRITTEN. For National Fertilizers Limited For M/s Witness :( ) Authorized SignatorySeal Witness :( ) Proprietor / Authorized Signatory Seal
Lease Rental means the annual rent payable by the Concessionaire and / or tenants to the AKVN for lease of the Site.
Lease Rental means, for each Class of Equipment, during the Basic Term and the Renewal Term, if any, the respective "Lease Rental" for such Class of Equipment shown on Exhibit C attached to the Lease; provided, that the Lease Rental shown on Exhibit C shall be subject to adjustment on the first day of the Renewal Term for each Class of Equipment such that the Lease Rental shall reflect an amount which is equal to four hundred (400) basis points plus the rate of interest for U.S. Treasury Bills published on the first day of the Renewal Term by the Bloomberg Reporting Service with a maturity equal to two (2) years. Holder shall prepare a schedule reflecting the adjustment in the Lease Rental as provided for above and deliver such schedule to Lessee promptly upon the commencement of the Renewal Term with respect to each such Class of Equipment.
Lease Rental means and include the charges payable by the Customer during the whole of Initial Period, as specified in the Schedule and also for any mutually agreed extended period; the Lease Rental shall be payable at the end of the Billing Cycle and after the formal Invoice is raised.
Lease Rental shall have the meaning as set forth in Clause 20.1;