Lessor Interest definition

Lessor Interest means the interest of the lessor or the lessee under a lease contract.
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Lessor Interest means an "Interest" as defined in the Lessor LLC Agreement.
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Examples of Lessor Interest in a sentence

  • The Lessee shall pay the Lessor Interest on the outstanding principal payments and the Residual value of the Property.

  • Conversely, a Participating Group Member with a Lessor Interest (Operating Lease) is to be allocated 50% of the Provisional Vehicle Amount regardless of whether or not a claim is also made by a Participating Group Member who held a Lessee Interest (Operating Lease) in respect of the same Affected Vehicle.

  • Upon the effectiveness of any such assignment or other transfer, the transferee of such Lessor Interest shall become an "Investor" for all purposes of the Operative Documents and, to the extent of such transfer, the assigning Investor shall be relieved of its obligations hereunder to the extent of the Lessor Interest being assigned or otherwise transferred.

  • Notice of Assignment of Lessor Interest in favour of Roynat Inc., registered on January 18, 2007 as Instrument No. SN150406 SCHEDULE “H” Special Provisions 1.

  • Except as set forth in paragraph 4, BONUS BID, interest shall accrue and be payable on all obligations arising under this Lease at such rate as may be set from time to time by rule enacted by Lessor, Interest shall accrue and be payable, without necessity of demand, from the date each such obligation shall arise.

Related to Lessor Interest

  • Water interest means any right to the beneficial use of water, including:

  • Lessee's Share is defined, for purposes of this Lease, as the percentage set forth in paragraph 1.10 of the Basic Lease Provisions, which percentage has been determined by dividing the approximate square footage of the Premises by the total approximate square footage of the rentable space contained in the Office Building Project. It is understood and agreed that the square footage figures set forth in the Basic Lease Provisions are approximations which Lessor and Lessee agree are reasonable and shall not be subject to revision except in connection with an actual change in the size of the Premises or a change in the space available for lease in the Office Building Project.

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

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.

  • Rental unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • Individual Charges means those charges incurred by individual Attendees including, but not limited to, restaurant charges other than the allowable group meals specified herein, any charge for alcoholic beverages, telephone expenses, sleeping room rental deposits, upgrades, Cancellation Fee and/or other applicable service or cancellation charges incurred by an Attendee, and associated taxes, surcharges, and/or other incidentals.

  • 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.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Investor Interest means, on any date of determination, an amount equal to the sum of (a) the Class A Investor Interest, (b) the Class B Investor Interest and (c) the Collateral Interest Amount, each as of such date.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

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