LESSOR RENT definition

LESSOR RENT means, with respect to any Payment Date, the amount set forth in Schedule 4 to the Participation Agreement with respect to such Payment Date.
View Source
LESSOR RENT means, with respect to any Payment Date, the amount set forth in Schedule 4 to the Participation Agreement with respect to such Payment Date. "LESSOR'S COST" means the amount paid by Owner Trustee to Existing Lessor to purchase the Aircraft pursuant to the Participation Agreement, and is designated by Dollar amount in Schedule 3 to the Participation Agreement.
View Source

Examples of LESSOR RENT in a sentence

  • IN ADDITION TO LESSOR'S OTHER RIGHTS AND REMEDIES HEREUNDER, IF THE EQUIPMENT IS NOT RETURNED IN A TIMELY FASHION, OR IF REPAIRS ARE NECESSARY TO PLACE THE EQUIPMENT IN THE CONDITION REQUIRED IN THIS SECTION, LESSEE SHALL CONTINUE TO PAY TO LESSOR RENT AT THE SAME MONTHLY RATE FOR THE PERIOD OF DELAY IN REDELIVERY, OR THE COST OF SUCH REPAIRS, AS APPLICABLE.

  • LESSEE shall pay LESSOR RENT for the use and occupancy of the PREMISES.

Related to LESSOR RENT

  • For Rent or "For Sale" thirty (30) days before the termination of this Lease. Landlord may enter the Premises at reasonable hours to exhibit same to prospective purchasers or tenants and to make repairs required of Landlord under the terms hereof, or to make repairs to Landlord's adjoining property, if any.

  • Lessor s residual interest" means the lessor's interest in the goods after expiration, termination, or cancellation of the lease contract.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);