Periodic Rent definition

Periodic Rent with respect to the Facility Lease, shall mean the sum of Basic Rent and Renewal Rent, if any, as specified in Schedule 1 to the Facility Lease.
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Periodic Rent. The total sum of $655,965.36 Dollars in thirty six (36) installments of $18,221.26 plus applicable sales taxes Dollars each, payable commencing on July 25, 1994 and at monthly intervals thereafter.
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Periodic Rent means the amount payable each month under a tenancy for a
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Examples of Periodic Rent in a sentence

  • Upon the cure or waiver of such Lease Indenture Event of Default, withheld Periodic Rent shall, subject to clause (ii) of the immediately preceding sentence, be distributed to the Owner Lessor (to the extent that all payments to be distributed pursuant to clause "First" of Section 3.1(a) have been made), and no further withholding of Periodic Rent on account of such Lease Indenture Event of Default shall be effected.

  • Adjustments will be computed by the Owner Participant based upon the Pricing Assumptions and the Tax Assumptions originally used to calculate the Periodic Rent, Termination Value, Allocated Rent, Proportional Rent, Lessor 467 Loan Principal Balance, Lessee 467 Loan Principal Balance, Lessor 467 Loan Interest and Lessee 467 Loan Interest.

  • After the Closing Date, Periodic Rent, Termination Value, Allocated Rent, Proportional Rent, Lessor 467 Loan Principal Balance, Lessee 467 Loan Principal Balance, Lessor 467 Loan Interest and Lessee 467 Loan Interest shall be adjusted at the request of the Facility Lessee or the Owner Participant in accordance with the terms of the Facility Lease to which it is a party.

  • Periodic Rent invoices that may be provided to Tenant by Landlord are provided at the discretion and will of Landlord and as a courtesy only and in no event shall the date of delivery or receipt of an invoice, or the failure to deliver an invoice, extend the time for payment of Rent or the date Rent is due and payable.

  • The Facility Lease provides for the execution and delivery of a Lease Supplement substantially in the form hereof for, among other things, the purpose of confirming any change in Periodic Rent, Casualty Value and Termination Value.


More Definitions of Periodic Rent

Periodic Rent means “Periodic Rent” under the Master Lease. For avoidance of doubt, Periodic Rent does not include any Rent Prepayments [***].
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Periodic Rent means the basic charge for the
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Periodic Rent means the amount set forth in the applicable Lease Schedule.
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Periodic Rent with respect to the Facility Lease, means Basic Rent and Renewal Rent, if any, as specified in Schedule 1 to the Facility Lease.
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Periodic Rent means “Periodic Rent” under the Master Lease. For avoidance of doubt, Periodic Rent does not include any Rent Prepayments [***]. “Permit” means any action, approval, consent, waiver, exemption, variance, franchise, order, permit, authorization, right or license of or from aGovernmental Authority.
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Periodic Rent. $200.00 NUMBER OF PAYMENTS: 24 TOTAL INTERIM RENT: $.00 PAYMENT COMMENCEMENT DATE: 6/01/1995 TOTAL EQUIPMENT COST: $24,736.00 DOCUMENTATION FEE: ---------------------- [ILLEGIBLE] LESSEE INITIALS ---------------- GDO LESSOR INITIALS ---------------- LLR41D-01 AMERICAN FINANCE GROUP 3/08/95 9:06:05 PAGE 1 Schedule B Equipment Description LESSEE: PACKAGING CORPORATION OF AMERICA RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: B-18RN1 LESSOR: AMERICAN FINANCE GROUP Acceptance Equipment Cost Serial Number Year Manufacturer Model Type Date --------------------------------------------------------------------------------------- 24,736.00 SNTC-9-19640 NISSAN E-SO TRUCK 6/01/1995 ------------ 24,736.00 Total for Location 00000 XXXXX XX NORTHGLENN CO 80233 ============ 24,736.00 Total Equipment Cost RENEWAL RENTAL SCHEDULE CHECKLIST LESSEE: PCA -------------------- R.S.: B-18 -------------------- NEW R.S.: B-18RN1 --------------------
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Periodic Rent. (as defined in the applicable Lease) for more than thirty (30) days after the due date thereof under a Lease has occurred and is continuing under any such Lease. Seller has not defaulted under any Lease.
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