Monthly Lease Payment definition

Monthly Lease Payment. As defined in the Property Management Agreement.

Monthly Lease Payment means, with respect to any Lease Agreement, the lease payment that is actually payable by the related Tenant from time to time under the terms of such Lease Agreement, after giving effect to any provision of such Lease Agreement providing for periodic increases in such fixed or base rent.

Monthly Lease Payment. With respect to any Lease, the fixed or “base” rent monthly payment that is actually payable by the related Tenant from time to time under the terms of such Lease (excluding any Percentage Rent), after giving effect to any provision of such Lease providing for periodic increases in such fixed or “base” rent by fixed percentages or dollar amounts or by percentages based on increases in the Consumer Price Index.

Examples of Monthly Lease Payment in a sentence

• Second, the amount of any such payments that are not Supplemental Servicing Fees, Excluded Amounts or Sales and Use Tax Amounts in excess of any such Outstanding Advances with respect to such Lease Asset shall be applied to the Monthly Lease Payment with respect to such Lease Asset.

• Any Warranty Payment shall be applied to reduce any Outstanding Advances and such Warranty Payment or Administrative Purchase Payment, as applicable, shall be applied to the Monthly Lease Payment, in each case to the extent that the payments by or on behalf of the Lessee shall be insufficient, and then to prepay such Lease Asset in full.

• If the amounts applied under the first two sentences of this Section 3.05(a) shall be less than the Monthly Lease Payment, whether as a result of any extension granted to the Lessee or otherwise, then an amount equal to the Applied Payments Ahead, if any, with respect to such Lease Asset shall be applied by the Servicer to the extent of the shortfall, and the Payments Ahead with respect to such Lease Asset shall be reduced accordingly.

• Sunrun’s expected federal tax credits associated with the Solar System have been factored into the calculation of your Monthly Lease Payment.

• Your Monthly Lease Payment is not tied to the actual output of the Solar System.

More Definitions of Monthly Lease Payment

Monthly Lease Payment. With respect to any Lease Asset, the amount required to be paid by the Lessee under the related Lease on or prior to each Monthly Lease Distribution Date (as such amount may be modified in connection with any permitted modification or extension), minus any payments with respect to Sales and Use Tax Amounts required to be paid pursuant to such Lease on or prior to such Monthly Lease Distribution Date.

Monthly Lease Payment means, with respect to any Lease, the amount of each fixed monthly payment payable to the Obligee of such Lease in accordance with the terms thereof, net of any portion of such monthly payment that represents late payment charges, Extension Fees or collections allocable to payments to be made by Obligors for payment of insurance premiums, excise taxes or similar items.

Monthly Lease Payment means, with respect to any Lease, the amount of each fixed monthly payment payable by the related Lessee in accordance with the terms thereof, net of any portion of such fixed monthly payment that represents an Administrative Charge.

Monthly Lease Payment. With respect to any Lease (except as otherwise described in the Mortgaged Property Schedule), the fixed or “base” rent monthly lease payment that is actually payable by the related Tenant from time to time under the terms of such Lease, after giving effect to any provision of such Lease providing for periodic increases in such fixed or “base” rent by fixed percentages or dollar amounts or by percentages based on increases in a consumer price index. “Monthly Loan Payment ”: With respect to any Mortgage Loan, the scheduled monthly payment of interest and, if applicable, principal due on such Mortgage Loan that is or would be, as the case may be, payable by the related Borrower on each Due Date under the terms of the related Mortgage Note as in effect on the First Collateral Date with respect to such Mortgage Loan, without regard to any subsequent change in or modification of such terms in connection with a bankruptcy or similar proceeding involving the related Borrower or a modification, waiver or amendment of such Mortgage Loan granted or agreed to by the Special Servicer pursuant to Section 3.19 , and assuming that each prior Monthly Loan Payment has been made in a timely manner. “Moody’s ”: Xxxxx’x Investors Service, Inc. 13 US-DOCS\ 96557504.7 102826315.7

Monthly Lease Payment. As defined in Exhibit A to the COLT Servicing Agreement.

Monthly Lease Payment with respect to any Series 20 -SN Lease Asset, the amount required to be paid by the Lessee under the related Series 20 -SN Lease on or prior to each Monthly Lease Payment Date (as such amount may be modified in connection with any permitted modification or extension), minus any payments with respect to Sales and Use Tax Amounts required to be paid pursuant to such Series 20 -SN Lease on or prior to such Monthly Lease Payment Date.

Monthly Lease Payment. Any payment due under any Credit Lease, including without limitation any Monthly Rental Payments and any amounts to reimburse the Mortgagor for, or to pay the Mortgagor for anticipated expenses of the Mortgagor in connection with, taxes, insurance, property maintenance, common area maintenance or other expenses of the Mortgagor reimbursable to the Mortgagor under the terms of such Credit Lease.