passing rental definition
passing rental means, as at the first day of any Relevant Period, the passing net rental income that will be received on a regular basis by members of the Group (other than an Excluded Propco) under the Lease Documents during that Relevant Period;
passing rental means, as at any date, the passing Net Rental Income that was received on a regular quarterly basis by the Obligors under the Lease Documents during the calculation period ending on that date;
passing rental means, as at any date, the passing net rental income that was received on a regular quarterly basis by the owners of the Properties, the Market Place Properties or the Portfolio Properties, as the case may be, under the Lease Documents during the calculation period ending on that date;