Pre-lease Interest definition

Pre-lease Interest means the capital cost that the Lessee shall pay to the Lessor during the Pre-lease Period.
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Examples of Pre-lease Interest in a sentence

  • The amount of the Rent, Grace Period Interest, Pre-lease Interest for the period before and covering the benchmark loan interest rate adjustment date shall remain unchanged.

  • When the Lessee pays the Pre-lease Interest, it shall calculate the interest payable for the current period according to the provisions stipulated in the corresponding Lease Agreement, and calculate the tax amount according to the applicable tax rate and the interest payable as the taxable base.

  • If The Lessor delays in issuing or fails to issue the “Notice of Adjustment to Rent/Grace Period Interest/Pre-lease Interest, it shall not be deemed that the Lessor waives the right to adjust the Rent, Grace Period Interest, and Pre-lease Interest.

  • The Lessee agrees to pay the Lessor on a three-month basis the pre-lease interest on the payment date and in the amount as set forth in the applicable Pre-lease Interest Payment Notice issued by the Lessor.

  • The insurance indemnity shall be used to pay the following amount in the following order: 1) Late Penalty; 2) outstanding and due Rent, Grace Period Interest, and Pre-lease Interest; 3) interest on the Lease Loan Principal in the immature Rent calculated according to the Lease Agreement to the actual termination date; 4) Lease Loan Principal in the immature Rent; 5) Retention Price; 6) other payables.

  • Unless there is error in the calculation, the Lessee shall pay the Lessor the Rent, Grace Period Interest, and Pre-lease Interest according to the amount, currency, time and method of payment specified in the Notice of Adjustment to Rent/Grace Period Interest/Pre-lease Interest issued by the Lessor.

  • From the beginning of the next lease period, the Rent, Grace Period Interest, Pre-lease Interest shall be charged according to the adjusted Lease Loan Interest Rate, interest rate for the Grace Period, and interest rate for the Pre-lease Period, and the Lessor shall issue to the Lessee a Notice of Adjustment to Rent/Grace Period Interest/Pre-lease Interest.

  • The Pre-lease Interest, Grace Period Interest, and Rent stated in the “Pre-lease Interest/Grace Period Interest/Rent Schedule” shall be calculated based on the Lease Item Purchase Price paid by the Lessor and the benchmark loan interest rate for the same period announced by the People’s Bank of China on the date of signing this Contract, and the estimated Pre-lease Interest, Grace Period Interest, and Rent shall be calculated in accordance with the calculation method set out in the Lease Schedule.

  • The Lessor shall still have the right to adjust the Rent, Grace Period Interest, and Pre-lease Interest according to the provisions of this Clause, and require the Lessee to pay the Rent, Grace Period Interest, and Pre-lease Interest and other payables according to the adjusted amount.