Monthly Operating Payment definition

Monthly Operating Payment means [***];
Monthly Operating Payment means the Monthly Operator Service Fee as defined in
Monthly Operating Payment has the meaning given to it in the Operating Sub-Contract;

Examples of Monthly Operating Payment in a sentence

  • Thereafter, during the term of this Agreement, GFCP shall pay to PTDC or its successor in interest, as applicable, the Base Operating Charge, as adjusted pursuant to Section 5(a) above within thirty (30) days after receipt of a xxxx therefor ("Billed Monthly Operating Payment", and together with each Estimated Monthly Operating Payment, each, a "Monthly Operating Payment").

  • If GFCP's Monthly Operating Payment exceeds GFCP's Proportional Share of the Estimated Operating Charges for the balance of the term of this Agreement, PTDC shall refund to GFCP the amount of such excess.

  • On the first day of each calendar month during the portion of the term of this Agreement prior to October 31, 1997, GFCP shall pay to PTDC, in advance, one-twelfth (1/12) of GFCP's Proportional Share of the Estimated Operating Charge ("Estimated Monthly Operating Payment").

  • During the Lease Term, Tenant shall make a Monthly Operating Payment for the applicable period on the same day as Base Rent is due.

  • Landlord may also, from time to time, revise that estimate; and upon thirty (30) days prior written notice to Tenant, Landlord may require the "Monthly Operating Payment" to be adjusted in accordance with such revised estimate.


More Definitions of Monthly Operating Payment

Monthly Operating Payment means one-twelfth (1/12) of the Pass Through Expenses for that calendar year, as estimated by Landlord, in the exercise of good faith and reasonable business judgment, with respect to the applicable period. Landlord shall apply amounts collected from Tenant under this Section for the payment of the Pass-Through Expenses.
Monthly Operating Payment means (i) one-twelfth (1/12th) of Tenant's Proportionate Share of Operating Expenses and Taxes for that calendar year, as estimated by Landlord, in the exercise of good faith and reasonable business judgment, with respect to the applicable period; and (ii) Tenant’s Proportionate Share of Utility Costs for the applicable period.

Related to Monthly Operating Payment

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

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Monthly shall be construed accordingly;

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • 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.

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Interim Payment has the meaning specified in Section 10.1.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

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

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

  • Past Due Rent Payment is defined in Section 2.2(g).

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

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Rent Expense means for any fiscal period, the total amount of rents and other charges payable during such period by the Credit Parties and their respective Subsidiaries under all Real Estate Leases to which they are a lessee, all as determined on a consolidated basis in accordance with GAAP.

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