Monthly Rent Component definition

Monthly Rent Component for any Nuclear Material covered by a Final Leasing Record for each calendar month during the lease of such Nuclear Material shall be as follows:
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Monthly Rent Component means, (i) with respect to each Parcel of Property (other than a Parcel acquired and built pursuant to the Agreement for Lease) or Unit of Equipment, for each calendar month during the Lease Term of such Parcel or Unit, the amount determined in accordance with Schedule B, if any, to the Unit Leasing Record relating to such Parcel or Unit, (ii) with respect to a Parcel of Property or Unit of Equipment acquired and/or built pursuant to the Agreement for Lease, the amount determined in accordance with Schedule B, if any, to the AFL Unit Leasing Record relating to such Parcel of Property or Unit of Equipment. With respect to each Unit of Equipment, if no amount for such Unit of Equipment shall be provided in Schedule B to such Unit Leasing Record or AFL Unit Leasing Record, as the case may be, the Acquisition Cost of such Unit of Equipment divided by the number of calendar months in the Lease Term with respect to such Unit. Schedule B to the Unit Leasing Record or AFL Unit Leasing Record shall be completed as to the Acquisition Cost of the Parcel and the amortization schedule for such Parcel, which schedule shall, unless otherwise agreed to in writing by Lessor and Lessee, reflect mortgage amortization over the Lease Term of the Acquisition Cost, as agreed upon by the Lessee and the Lessor, provided that the Lessee shall not be required to amortize the Acquisition Cost of the underlying land.
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Monthly Rent Component means, with respect to each monthly period during the Lease Term, the amount (if any) set forth on Exhibit E hereto, as such Exhibit E may be amended from time to time pursuant to the terms of this Lease.
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Examples of Monthly Rent Component in a sentence

  • Aggregate Monthly Rent Component (See attached summary $ - calculation) -------------- 3.


More Definitions of Monthly Rent Component

Monthly Rent Component means, (i) with respect to each Parcel of Property (other than a Parcel acquired and built pursuant to the Agreement for Lease) or Unit of Equipment, for each calendar month during the Lease Term of such Parcel or Unit, the amount determined in accordance with Schedule B, if any, to the Unit Leasing Record relating to such Parcel or Unit, (ii) with respect to a Parcel of Property or Unit of Equipment acquired and/or built pursuant to the Agreement for Lease, the amount determined in accordance with Schedule B, if any, to the AFL Unit Leasing Record relating to such Parcel of Property or Unit of Equipment, or (iii) if no amount for such Parcel or Unit shall be provided in Schedule B to such Unit Leasing Record or AFL Unit Leasing Record, the Acquisition Cost of such Parcel of Property or Unit of Equipment divided by the number of calendar months in the Lease Term with respect to such Parcel or Unit. Schedule B to the Unit Leasing Record, if any, or AFL Unit Leasing Record, if any, shall be completed as to the Acquisition Cost of the Parcel or Unit and the amortization schedule for such Parcel or Unit, which schedule shall reflect mortgage amortization over the Lease Term of the Acquisition Cost, as agreed upon by the Lessee and the Lessor, provided that with respect to Parcels of Property, the Lessee shall not be required to amortize the Acquisition Cost of the underlying land.
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Monthly Rent Component. Variable Component of Basic Rent"
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Related to Monthly Rent Component

  • 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.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

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

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • 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.

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

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Base Rent As defined in Section 3.1.

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

  • Base Year means the period set forth in Section 5 of the Summary.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • 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.

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

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

  • Net Rentable Area means with respect to any Project, the floor area of any buildings, structures or improvements available for leasing to tenants (excluding storage lockers and parking spaces), as reasonably determined by the Administrative Agent, the manner of such determination to be consistent for all Projects unless otherwise approved by the Administrative Agent.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

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

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.