Renewal Rent definition

Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

Renewal Rent means the rent payable pursuant to Section 20.

Renewal Rent with respect to the Facility Lease, shall mean the rent payable during any Renewal Lease Term, in each case as determined in accordance with Section 15.4 of the Facility Lease.

Examples of Renewal Rent in a sentence

• Rent & Renewal: Rent shall be due and payable annually in advance on the anniversary date of this Agreement or at some other date we designate.

• No later than two hundred ten (210) days prior to the Renewal Election Outside Date for any Renewal Term, Landlord shall deliver a Notice to Tenant which sets forth Landlord's proposal for the Renewal Rent and Successor Tenant Rent for such Renewal Term.

• If Lessee duly exercises its option to renew this Agreement under Section XX.3, Lessee shall pay on each Lease Payment Date during the Renewal Term, Rent equal to the amount required by Lessor for such renewal ("Renewal Rent").

• A written report of each Appraiser shall be delivered and addressed to each of Landlord and Tenant; it being agreed and understood that the report delivered in connection with the appraisal process initiated under Section 1.4(b) shall include the Renewal Rent and/or Successor Tenant Rent, as applicable, for all the Leased Properties.

• Tenant shall calculate Initial Renewal Rent as follows, and shall provide Notice of same to Landlord including reasonably detailed backup for all calculations.

More Definitions of Renewal Rent

Renewal Rent means the rent payable in respect of a Renewal Term determined pursuant to Section 18.1.

Renewal Rent means the scheduled Rent payable on each Rent Payment Date during any First Renewal Lease Term, Second Renewal Lease Term or FMV Renewal Lease Term, in each case as determined in accordance with SECTION 15.3 of the Facility Lease.

Renewal Rent. During the Renewal Term of the Lease Renewal Rent shall be payable in installments, semi-annually in arrears.

Renewal Rent means the rent payable during the Renewal Lease Term with respect to the Aircraft pursuant to Section 3.3.

Renewal Rent means, with respect to the Lease or any Schedule (as the context may require), all payments of Fixed Rent and Variable Rent due and payable by Lessee on each Payment Date occurring during the applicable Renewal Term.

Renewal Rent means the Rent payable during the Renewal Term of a Transaction;

Renewal Rent shall have the meaning given to such term in Section 14.2(a) of the Facility Lease.