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.

Periodic Rent. The total sum of $42,776.64 Dollars in thirty-six (36) installments of $1,188.24 plus applicable sales taxes Dollars each, payable commencing on July 7, 1994 and at monthly intervals thereafter.

Periodic Rent means the amount payable each month under a tenancy for a

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.

• Standards, amendments and interpretations that are not mandatory on July 1, 2023 but may be applied earlyThe group has not applied the standards, amendments and interpretations published by the IASB early in the consolidated financial statements for the fiscal year 2022-2023 and considers that they would not have a material impact on its results and financial position.

• 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.

• 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.

• If the Lease is renewed, the Lessee's obligations (other than the amount of the Periodic Rent payments) shall remain unchanged.

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 [***].

Periodic Rent means the basic charge for the

Periodic Rent means the amount set forth in the applicable Lease Schedule.

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.

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.

Periodic Rent means an amount payable on each Payment Date during the Lease Term equal to the aggregate amount of interest and principal payable on such Payment Date on the Notes. "Permitted Alteration" is defined in Section 7.2(b) of the Lease. "Permitted Contest" means actions taken by a Person to contest in good faith, by appropriate proceedings initiated timely and diligently prosecuted, the legality, validity or applicability to the Equipment or any location whereon or wherein the Equipment or any portion thereof are located or to be located, or any interest therein of any Person of (a) any law, regulation, rule, judgment, order, or other legal provision or judicial or administrative requirements, (b) any term or condition of, or any revocation or amendment of, or other proceeding relating to, any authorization or other-consent, approval or other action by any Governmental Authority or (c) any Lien or Tax, if the initiation and prosecution of such contest would not: (i) result in, or materially increase the risk of, the imposition of any criminal liability on any Indemnitee; (ii) materially and adversely affect the security interests created by the Operative Documents or the rights and interests of Lessor in or to any of the Equipment or the right of Lessor, Agent or any Lender to receive payment of all or any portion of the principal of or interest on any Note, Rent, Lease Balance or any other amount payable under the Operative Documents; (iii) permit, or pose a material risk of, the sale or forfeiture of, or foreclosure on, any APPENDIX 1

Periodic Rent means the rent for any "period of time that rent is due." This is almost always Monthly.