Lessor Balance definition

Lessor Balance means, as of any date of determination, an amount equal to the sum of the outstanding Lessor Amount net of any distributions (other than distributions of Yield) with respect thereto, together with all accrued and unpaid Yield thereon.
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Lessor Balance means, as of any date of determination, an amount equal to the aggregate of the Land Lessor Balance and the Improvement Lessor Balance.
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Lessor Balance means, as of any date of determination, an amount equal to the sum of the outstanding Lessor Contributions (including Capitalized Interest) together with all accrued and unpaid Yield thereon.
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Examples of Lessor Balance in a sentence

  • Following the Expiration Date, Lessor shall have the right to enter into leases for all or any portion of the Subject Property at fair market rentals and otherwise on commercially reasonable terms, and the net operating cash flow therefrom shall be payable to Lessor in reduction of the Lessor Balance.

  • In the event Lessor shall be determined to be a “variable interest entity” under GAAP, then at Lessee’s option, Lessor shall, at Lessee’s expense, assign its interest in this Agreement, the other Operative Documents and the Leased Property to a successor lessor designated by Lessee for the Lessor Balance plus all other amounts owing to Lessor under the Operative Documents in accordance with Section 12.1(b).

  • This covenant shall survive the termination of this Participation Agreement or any other Operative Document and the payment in satisfaction of the Loan Balance and the Lessor Balance and all other amounts payable under the Operative Documents.

  • In the event Lessor shall be determined to be a “variable interest entity” under GAAP, then at Lessee’s option, Lessor shall, at Lessee’s expense, assign its interest in this Transaction Agreement, the other Operative Documents and the Leased Property to a successor lessor designated by the Lessee for the Lessor Balance plus all other amounts owing to Lessor under the Operative Documents in accordance with Section 12.1(b).

  • The Lessor acknowledges and agrees that upon the declaration of an Event of Default, to the maximum extent permitted by law, the Lessee waives any right to contest the sum of the Lessor Balance and the Loan Balance as the liquidated sum due upon acceleration of this instrument.

  • Land Lessor Balance, ----------------------------------------------------- Improvement Loan Balance and Improvement Lessor Balance.

  • The Municipality as Lessor Balance at 01 July23 98524 113Movement during the year(2 219)(128) 21 76623 985 At the Statement of Financial Position date, where the municipality acts as a lessor under operating leases, it will receive operating lease income as follows: 7.

  • Notwithstanding any other provision hereof, the Administrative Agent shall not be obligated to make any Advance if, after giving effect thereto, the aggregate outstanding amount of each of the Loan Balance and the Lessor Balance would exceed the Maximum Commitment Amount.

  • The Lessee agrees that a Participant so purchasing such a participation may, to the fullest extent permitted by law, exercise all rights of payment, including setoff, banker's lien or counterclaim, with respect to such participation as fully as if such Participant were a holder of such Loan Balance or Lessor Balance or other obligation in the amount of such participation.

  • During the Marketing Period, the obligation of the Lessee to pay Rent with respect to each Property (including the installment of Rent due on the Expiration Date) shall continue undiminished until payment in full of the Tranche A Loan Balance plus the aggregate amount of the Lessor Balance allocable to Land Acquisition Costs and all accrued and unpaid Supplemental Rent due to the Lessor with respect to the Properties under the Operative Documents to which the Lessee is a party.


More Definitions of Lessor Balance

Lessor Balance means, as of any date of determination, an amount equal to the outstanding Lessor Amounts together with all accrued and unpaid Yield thereon and all other amounts due and payable to the Lessor under the Operative Documents. Tandem Health Care of Ohio, Inc. Definitions
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Related to Lessor Balance

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Lease Balance means, as of any date of determination, the sum of (a) the Equity Balance (if same has not been paid as of such date)

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • 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.

  • Residual Value means the proceeds, less removal and disposal costs, if any, realized upon disposition of a tangible capital asset. It usually is measured by the net proceeds from the sale or other disposition of the asset, or its fair value if the asset is traded in on another asset. The estimated residual value is a current forecast of the residual value.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Base Residual Value means, for a Lease, the lower of (a) the Contract Residual Value of the Lease and (b)(i) the ALG Residual Value of the related Leased Vehicle or (ii) if the Servicer does not have an ALG Residual Value, the oldest ALG MTM Residual Value that the Servicer has for the related Leased Vehicle.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

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

  • Original Principal Balance Any of the Original Principal Balances of the Classes of Class A Certificates as set forth in Section 11.05; the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance or Original Class B-6 Principal Balance as set forth in Section 11.15.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • ALG Residual Value means the residual value of the vehicle set forth as the ALG Residual Value in the Lease schedule attached as Exhibit A hereto, which shall be the lesser of (i) the ALG residual values of the 2015-2 Vehicles at the scheduled termination of the related 2015-2 Leases at the time the related 2015-2 Lease was signed and (ii) the ALG residual values of the 2015-2 Vehicles at the scheduled termination of the related 2015-2 Leases provided by ALG in August 2015.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);