Monthly Supplemental Rent definition

Monthly Supplemental Rent with respect to each Due Date shall equal (x) the accrued interest on all Outstanding Notes included in the Group IV Series of Notes for the Related Month, plus (y) the Carrying Charges for the Related Month allocable to any Group IV Series of Notes, minus (z) the aggregate of all Monthly Variable Rent and Monthly Finance Rent accrued with respect to the Related Month for all Group IV Vehicles leased hereunder.
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Monthly Supplemental Rent due with respect to a Scooter on each Payment Date shall equal such Scooter’s Pro Rata Share of the amount, if any, by which (a) the Borrower Net Revenue of all Scooters during the immediately preceding calendar month exceeds (b) the sum of (i) the Monthly Base Rent paid by the Lessee on the immediately preceding Payment Date in the aggregate for all Scooters and (ii) so long as no Event of Default under the Loan Agreement has occurred and is continuing,
Sample 1
Monthly Supplemental Rent with respect to the Group V Lease, has the meaning specified in Section 4.3 of the Group V Lease.
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Examples of Monthly Supplemental Rent in a sentence

  • The reduction in the Monthly Minimum Rent and Monthly Supplemental Rent set forth in Section 3 of this Amendment is conditioned upon the satisfaction or written waiver by County of the conditions precedent set forth in Sections 6.1 through 6.5 below.

  • Effective as of March 1, 2016 the Monthly Supplemental Rent set forth in Section 4.7.2 of the Concession Agreement is reduced from $1,250 per month to $0.

  • RENT AND LEASE CHARGES 7 4.1 Amortization Schedule 7 4.2 Monthly Base Rent 7 4.3 Monthly Supplemental Rent 8 4.4 Quarterly Rider Incentive / Contra Pay True-Up Amount 8 4.5 Disposition 8 4.6 Tariff Rebate Amount 8 4.7 Making of Payments 8 4.8 Ordering and Delivery Expenses 9 5.

  • On each Payment Date, the Lessee shall pay to the Lessor the Monthly Supplemental Rent due in respect of all Scooters.

  • On each Determination Date, the Lessee shall pay to the Lessor the Monthly Supplemental Rent due in respect of all Scooters.

  • On each Due Date, each Lessee shall pay to the Lessor such Lessee's pro rata share (on the basis of the aggregate Net Book Value xx Xxxup IV Vehicles leased by such Lessee during the Related Month) of the Monthly Supplemental Rent due on such Due Date.

  • Provided, further that if Landlord exercises its Option Right, pursuant to the terms of Paragraph 23 of this Lease, Tenant’s obligation to pay the Monthly Supplemental Rent shall terminate.

  • Each Lessee shall pay such Lessee's Share of the Monthly Supplemental Rent that has accrued during the Related Month less any earnings on Permitted Investments not taken into account in the calculation of Monthly Variable Rent.

  • With respect to the Holland Facility and the Lexington Facility only, for the entire Term (including the Extended Terms, if any), Lessee shall pay monthly the applicable Supplemental Rent for such Facilities; provided, however, that prior to April 1, 2015, Lexington Monthly Supplemental Rent shall be payable in arrears on or before the sixth (6th) day of the calendar month for the prior month.

  • The first monthly payment of Minimum Rent and Supplemental Rent shall be payable on the Commencement Date (prorated as to any partial calendar month at the beginning of the Term), except that the first monthly payment of Lexington Monthly Supplemental Rent shall be payable on the sixth (6th) day of the first calendar month following the Commencement Date for the Lexington Facility.


More Definitions of Monthly Supplemental Rent

Monthly Supplemental Rent has the meaning specified in Section 4.3. “Monthly Disposition Report” has the meaning specified in Section 4.5. “Multiemployer Plan” means any Employee Benefit Plan which is a “multiemployer plan” which is sponsored, maintained or contributed to by, or required to be contributed by, the Lessee or its ERISA Affiliates that is defined in Section 3(37) of ERISA. “Operating Lease Commencement Date” has the meaning specified in Section 3.2. “Operating Lease Expiration Date” has the meaning specified in Section 3.2. “Operating Lease Event of Default” has the meaning specified in Section 9.1. “Other Lessee Account” means any account owned by the Lessee and identified as such to the Administrative Agent pursuant to a written notice and that is, unless otherwise consented to in writing by the Administrative Agent, free and clear of any Adverse Claim other than pursuant to clause (iii) of the definition of Permitted Liens. “Parent” means Bird Global, Inc. or any other successor entity permitted hereunder. “Patent Licenses” shall mean all license agreements or covenants not to sue with respect to any Patent (whether such Lessor is licensee or licensor thereunder). “Patents” shall mean all United States patents and certificates of invention, or industrial property designs, and applications for any of the foregoing, including, without limitation: (i) each patent and patent application, (ii) all reissues, divisions, continuations, continuations-in-part and extensions thereof, (iii) all patentable inventions described and claimed therein, (iv) the right to sue or otherwise recover for any
Sample 1
Monthly Supplemental Rent shall consist of a monthly payment of one thousand two hundred fifty dollars ($1,250.00), due and payable at the time and in the manner set forth for Monthly Minimum Rent in the Agreement. Monthly Supplemental Rent payments shall not be credited toward Annual Supplemental Rent payments.
Sample 1
Monthly Supplemental Rent has the meaning specified in Section 4.3.
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Related to Monthly Supplemental Rent

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • 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;

  • 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.

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

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

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

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

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

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • 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 Period Annual Rate Per Square Foot Monthly Base Rent

  • 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).

  • 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.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

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

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • 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.

  • 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.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

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