Prepaid Rent Amount definition

Prepaid Rent Amount means the amount, if any, specified in Item 8(c) of the Basic Lease Information.
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Prepaid Rent Amount means an amount equal to the aggregate prepaid rent of the Company to be paid on or about April 26, 2013 in respect of all Leased Real Property.
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Prepaid Rent Amount means an amount equal to the aggregate prepaid rent of the Company to be paid on or about April 26, 2013 in respect of all Leased Real
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Examples of Prepaid Rent Amount in a sentence

  • Such Prepaid Rent Amount shall be held by the Lessor, and shall be paid over by the Lessor to the Agent on each subsequent Payment Date(s) occurring after the end of the fiscal quarter in which the payment of the Prepaid Rent Amount is made to be credited against the Lessee’s obligation to pay Basic Rent on such Payment Date(s) until such Prepaid Rent Amount has been reduced to zero.

  • If an Event of Default exists and the Agent so requests, the Lessor shall turn over the remaining Prepaid Rent Amount, if any, to the Agent for application in accordance with this Master Agreement.

  • This onetime payment of the Prepaid Rent Amount represents all rent and other charges that would have otherwise been paid by Lessee to Lessor during the term of this Lease and subsequently distributed by the Community to the Lessor.

  • Not later than 30 days after the earlier of (i) the issuance of a Certificate of Occupancy by the Community for Axon’s Headquarters on the Leased Premises or (ii) the third anniversary of the Secretary approval of this Lease, the Lessee will pay a onetime rent prepayment in the amount of the Prepaid Rent Amount to Lessor representing the present value of rent for the remainder of the term of this Lease.

  • Concurrently with Tenant’s execution of this First Amendment, Tenant shall pay the Prepaid Rent Amount to Landlord, and Landlord shall credit the amount of the Prepaid Rent against Tenant’s Base Rent and Tenant’s Share of Direct Expenses obligations applicable to the Retained Premises for such period.

  • Prior to the expiration of the Approval Period and at the Closing, Seller at no cost to Buyer, shall obtain from the Title Company for Buyer an American Land Title Association Standard Leasehold Owner’s Policy (2006) (without revision, modification or amendment) in the amount of not less than the sum of the Purchase Price and Prepaid Rent Amount, insuring title to the Real Property (including acceptable endorsements insuring access and utilities) (the "Title Policy").

  • The Rental Bond shall be maintained at all times (except after the Prepaid Rent Amount is paid in full to Lessor) in an amount not less than the sum of the Basic Rent payments to become due and payable during the ensuing twelve (12) calendar months of the Lease, unless and until the requirement for the Rental Bond is waived by the Lessor, the Community and the Secretary.

  • In consideration for the sale of the Purchased Assets described in this Agreement, the aggregate purchase price (the “Purchase Price”) shall be equal to $17,750,000.00, plus the sum of (a) the Prepaid Rent Amount and (b) the Parata Equipment Amount, and minus the amount, if any, by which the Targeted Inventory Amount exceeds the Inventory Amount (a “Negative Inventory Adjustment Amount”).

  • The Lessee shall be considered to have prepaid rent in an aggregate amount as of the end of a Rental Period equal to the product of the Purchase Price and the percentage set forth opposite such Rental Period in column (e) of Schedule B under the heading "Prepaid Rent Amount" (each, a "Prepaid Rent Amount").

  • Such Prepaid Rent Amount shall be held by the Lessor, and shall be paid over by the Lessor to the Agent on each subsequent Payment Date(s) that occurs after the end of the fiscal quarter of the Lessor in which such payment of the Prepaid Rent Amount occurs to be credited against the Lessee’s obligation to pay Basic Rent on such Payment Date(s) until such Prepaid Rent Amount has been reduced to zero.


More Definitions of Prepaid Rent Amount

Prepaid Rent Amount. (each, a "Prepaid Rent Amount"). The Owner Lessor and the Lessee, on any Federal income tax returns filed by them (or on any Federal income tax returns on which their income is included), shall accrue the amounts of interest expense and interest income, respectively, set forth for each Rental Period in an amount equal to the product of the Purchase Price and the percentage set forth opposite such Rental Period in column (f) of Schedule B under the heading "Interest on Prepaid Rent" (the "Interest on Prepaid Rent").
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Prepaid Rent Amount has the meaning set forth in Section 3.4(d).
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Prepaid Rent Amount is defined in Section 2.3(e) of the Master Agreement.
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Related to Prepaid Rent Amount

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

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class C( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class C( - ) Adverse Event, the Nominal Liquidation Amount of the Class C( - ) Notes, and (iii) in all other circumstances, zero.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Prepayment Interest Excess Amount With respect to any Principal Prepayment in full which is applied to the related Mortgage Loan from the first day of the month of any Remittance Date through the sixteenth day of the month of such Remittance Date, all amounts paid in respect of interest on such Principal Prepayment in full. A Prepayment Interest Excess Amount cannot result from a Principal Prepayment in part, but only from a Principal Prepayment in full.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).