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, 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.
Examples of Lender Basic Rent in a sentence
The Lessor shall distribute, in accordance with Section 13, the Lender Basic Rent and all other amounts due with respect to the Loans paid to the Lessor by the Lessee under the Lease from time to time.
Each payment of Basic Rent (and any payment of interest on overdue installments of Basic Rent) received by the Participation Agent shall be distributed by the Participation Agent to the Lenders and the Lessor PRO RATA in accordance with, and for application to, the Tranche A Lender Basic Rent, Tranche B Lender Basic Rent and Lessor Basic Rent then due, as well as any overdue interest or yield due to such Lender or the Lessor (to the extent permitted by applicable law).
More Definitions of Lender Basic Rent
Lender Basic Rent means, for any Rent Period under the Lease when a Loan is outstanding, 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.
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, for any Rent Period under the Lease when a
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, 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.
Lender Basic Rent means, the aggregate of the Land Loan Basic Rent and the Improvement Loan Basic Rent.