Lender Basic Rent definition

Lender Basic Rent means, for any Rent Period under the Lease, the aggregate amount of interest accrued on the Loans pursuant to Section 2.4 of the Loan Agreement during such Rent Period.

Lender Basic Rent means, as determined as of any Basic Rent Payment Date, the sum of (a) interest due on the Loans, determined in accordance with Section 2.4 of the Loan Agreement and excluding (i) any interest at the applicable Overdue Rate on any installment of Lender Basic Rent not paid when due and (ii) any fine, penalty, interest or cost assessed or added under any agreement with a third party for nonpayment or late payment of Lender Basic Rent and (b) the Fixed Rent due under the Lease Supplement with respect to the Loans after giving effect to any prepayment of Fixed Rent.

Lender Basic Rent means, for any Rent Period under the Lease, the ----------------- aggregate amount of interest accrued on the Loans pursuant to Section 2.4 of the Loan Agreement during such Rent Period.

Examples of Lender Basic Rent in a sentence

• The Administrative Agent shall, as soon as practicable, but in no event later than 12:00 p.m. (noon) (Chicago time), two (2) Business Days before the effectiveness of each Base Rate or Adjusted Eurodollar Rate, cause to be determined such Base Rate or Adjusted Eurodollar Rate, the resulting Interest Rate and Lender Basic Rent, and notify each Lender thereof.

• Each payment of Basic Rent (and any payment of interest on overdue installments of Basic Rent) received by the Administrative Agent shall be distributed by the Administrative Agent to the Lessors and the Lenders pro rata in accordance with, and for application to, the Lender Basic Rent and Lessor Basic Rent then due, as well as any overdue interest or Yield due to the Lessors or the Lenders (to the extent permitted by Applicable Law).

• If any sum remains in the Restoration Fund after completion of the restoration and any refund to Tenant pursuant to this subparagraph (b), such remaining sum shall be paid to Tenant or, if required by a Note or Mortgage, paid by Landlord to the Lender and, if so paid to the Lender, Basic Rent hereunder shall be equitably adjusted to the extent of (and to reflect any reduction in debt service as a result of) the reamortization, if any, of the Loan.

• Each payment of Basic Rent (and any payment of ---------- interest on past due installments of Basic Rent) received by the Agent on behalf of the Lessor under the Loan Agreement Master Lease shall be distributed by the Agent to the Financing Lenders and the Equity Lenders pro rata for application to the Financing Lender Basic Rent and the Equity Lender Basic Rent then due.

• Each payment of Basic Rent (and any payment of interest on overdue installments of Basic Rent) received by the Administrative Agent shall be distributed by the Administrative Agent to the Certificate Holders and the Lenders pro rata in accordance with, and for application to, the Lender Basic Rent and Certificate Holder Basic Rent then due, as well as any overdue interest or Yield due to the Certificate Holders or the Lenders (to the extent permitted by Applicable Law).

More Definitions of Lender Basic Rent

Lender Basic Rent means, in the aggregate, Tranche A Lender Basic Rent and Tranche B Lender Basic Rent.

Lender Basic Rent means the sum of Lender Basic Rent (Interest) plus Lender Basic Rent (Principal).

Lender Basic Rent means, the aggregate of the Land Loan Basic Rent and the Improvement Loan Basic Rent.

Lender Basic Rent means, as determined as of any Payment Date, the interest due on the Loans, determined in accordance with SECTION 2.4 of the Loan Agreement and excluding any interest at the applicable Overdue Rate on any installment of Basic Rent not paid when due and any fine, penalty, interest or cost assessed or added under any agreement with a third party for nonpayment or late payment of Basic Rent.

Lender Basic Rent means, for any Rent Period under the Lease, the aggregate amount of interest accrued on the Loans related to the Leased Property subject to the Lease pursuant to Section 2.5 of the Loan Agreement during such Rent Period, plus the amount of principal of such Loans then due pursuant to Section 2.4 of the Loan Agreement.

Lender Basic Rent means, for any Rent Period under the Lease when a

Lender Basic Rent means, for any Rent Period under the Lease, the sum of (i) the aggregate amount of interest accrued on the B Loans pursuant to Section 2.4 of the Loan Agreement during such Rent Period, PLUS (ii) the aggregate amount of interest accrued on the Synthetic Lease Loans pursuant to Section 3.02(b) of the Credit Agreement during such Rent Period.