Rent Based Fees definition

Rent Based Fees means the Senior Rent Based Fees and the Subordinated Rent Based Fees.
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Rent Based Fees means the Senior Rent Based Fees and the Subordinated Rent Based Fees. “Required Expense Amount” means, with respect to each Payment Date, an amount equal to the Expenses (other than Servicer Expenses consisting of the Rent Based Fees) payable during the next occurring Interest Period beginning on such Payment Date or reasonably anticipated by the Administrative Agent to become due and payable during such period, the accrual of which would be prudent in light of the size and timing of such Expenses. “Requirement of Law” as to any Person, means: (a) the Organizational Documents of such Person; and (b) any law, treaty, rule or regulation or determination of an arbitrator or a court or any Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject. “Security Interest” has the meaning given to such term in Section 3.01. “Security Trustee Account” means each Account (other than each Obligor Funded Account or Obligor Payment Account that is not established in the name of the Security Trustee). “Servicing Fee” has the meaning given to such term in the Servicing Agreement. “Shortfall” means, as of any Determination Date, with respect to the related Payment Date, the amount by which the Available Collections Amount is insufficient, on a pro forma basis to pay (1) any Remarketing and Repossession Expenses of any Owned Asset; (2) the Hedging Payments (Scheduled) due and payable to the Hedging Providers; (3) all Interest Amounts to the Lenders; (4) any Hedging Payments (Unscheduled) then due and payable (other than Subordinated Hedging Payments); (5) the Amortization Amount then due and payable with respect to each Loan. “Stock Collateral” means: (i) the Pledged Stock and all certificates and instruments, if any, from time to time representing such Pledged Stock, any contracts and instruments pursuant to which such Pledged Stock is created or issued, and all dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Stock after the Closing Date; and (ii) all additional shares of the capital stock of any Borrower Group Company (including any Asset Owning Entity that issues capital stock) from time to time acquired by a Grantor or issued by an issuer listed on Schedule 8 in any manner, including the capital stock of any Borrower Group Company that may be formed...
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Examples of Rent Based Fees in a sentence

  • In consideration of the Servicer’s performance of the Services, WEST shall pay to the Servicer on a monthly basis pursuant to Section 3.09 of the Indenture servicing fees consisting of the fees set forth in (i) Section 9.02 comprising the Senior Rent Based Fees and the Subordinated Rent Based Fees (collectively, the “Rent Based Fees”) and (ii) Section 9.03 (the “Disposition Fee”, and together with the Rent Based Fees, the “Servicing Fees”).

  • Rent Based Fees and the Subordinated Rent Based Fees (collectively, the “Rent Based Fees”) and (ii) Section 9.03 (the “Disposition Fee”, and together with the Rent Based Fees, the “Servicing Fees”).

  • In consideration of the Servicer’s performance of the Services, the Borrower shall pay to the Servicer on a monthly basis pursuant to Section 8.01 of the Security Agreement servicing fees consisting of the fees set forth in (i) Section 9.02 comprising the Senior Rent Based Fees and the Subordinated Rent Based Fees (collectively, the “Rent Based Fees”) and (ii) Error! Reference source not found.

Related to Rent Based Fees

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Property tax increment means the amount obtained by:

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Rental Return Date means the return date listed on the car rental agreement.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Rent Schedule means a written schedule for the Mortgaged Property showing the name of each tenant, and for each tenant, the space occupied, the lease expiration date, the rent payable for the current month, the date through which rent has been paid, and any related information requested by Lender.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.