Prepaid Rent definition

Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

Prepaid Rent means any payment of money to the landlord for a rent obligation not yet due. In addition, “prepaid rent” means rent paid for a period extending beyond a termination date.

Prepaid Rent means any payment of money to the landlord for a

Examples of Prepaid Rent in a sentence

• Following an Event of Default, Landlord may, from time to time and without prejudice to any other remedy, use all or a part of the Prepaid Rent to perform any obligation Tenant fails to perform hereunder.

• Contemporaneously with Txxxxx’s execution of this Lease, and as a condition to the effectiveness of this Lease, Tenant shall pay to Landlord the Prepaid Rent which shall be held by Landlord to secure Tenant’s performance of its obligations under this Lease.

• Notwithstanding anything in this Lease to the contrary, provided no Event of Default has occurred hereunder, Landlord shall apply the Prepaid Rent towards the Monthly Base Rent, Real Estate Taxes and Insurance Costs due for the first eighteen (18) full calendar months of the Term (provided that Real Estate Taxes and Insurance Costs shall still be subject to reconciliation as provided in this Lease).

More Definitions of Prepaid Rent

Prepaid Rent means that portion of any prepaid rent you paid based on the percentage of your lease remaining at the time of direct physical loss or damage. It does not mean the customary rent due at the beginning of any rental period.

Prepaid Rent means Eighteen Thousand Four Hundred and Forty-Four Dollars and 00/100 ($18,444.00).

Prepaid Rent means the amount set out in section 5.5.

Prepaid Rent means and refer to the Prepaid Rent set forth in Item 10 of the Basic Lease Information, subject to the terms of Section 3.1 of the Standard Lease Provisions.

Prepaid Rent means that amount of money demanded by the landlord at the initiation of the tenancy for the purpose of ensuring that rent will be paid, but does not include the first month's rent or money received as security for damage;

Prepaid Rent is defined in Section 2.7;

Prepaid Rent means the Additional Basic Rent which has been prepaid by Tenant to Landlord on the Commencement Date and which shall be applied as a credit against installments of Additional Basic Rent due under this Lease in the amounts and on the dates specified in Paragraph 1(b) of Exhibit “D”.