Monthly Rental Payment definition

Monthly Rental Payment. Any payment of rent (including without limitation any Basic Rent, including any increases thereto, additional rent or percentage rent) under the related Credit Lease by or on behalf of the Tenant with respect to any Mortgaged Property.
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Monthly Rental Payment means and refers to payments to any Defendant
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Monthly Rental Payment with respect to each of the Schedules shall be paid in arears commencing on the first (1st) calendar day of the calendar month immediately following the third mensiversary of each “Commencement Date,” as respectively provided in each of the Schedules, in the amount per calendar month respectively set forth in the Schedules. The Monthly Rental Payment shall thereafter be made on each mensiversary of the respective initial Monthly Payment due date for the immediately following forty-seven (47) calendar months. Anything to the contrary provided in this Section 6(b) notwithstanding, the accelerated Lease payment obligations provided under that certain Second Amended and Restated Profit Share Agreement, dated effective as of December 12, 2024, by and among Lessee, Lessor and the several other ATFP parties (as may have been and/or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, the “Profit Share Agreement”) (e.g., without exclusion, Section 2 thereof) shall control and take precedence over any deferred Monthly Rental Payment provisions provided herein.
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Examples of Monthly Rental Payment in a sentence

  • Following the final calendar day of the Term, as provided under Section 6(c), the Term shall automatically be extended on a month-to-month basis unless and until (i) all Purchase Options have been exercised by Lessee, in accordance with Section 6(e), or (ii) this Lease is otherwise terminated Lessor, in accordance with Section 13; provided, however, that the Monthly Rental Payment for each such renewal period shall be reduced to One & 00/100 U.S. Dollars (U.S. $1.00).

  • One (1) Monthly Rental Payment shall otherwise be made on each mensiversary of the Effective Date for the Term.

  • The Monthly Rental Payment shall thereafter be made on each mensiversary of the respective initial Monthly Payment due date for the immediately following forty-seven (47) calendar months.