Rent Date definition

Rent Date means the first day of each Rental Period.

Rent Date means each date on which a payment of Interim Rent and Basic Rent, as the case may be, is due. The first Rent Date shall be the First Interim Rent Date. If a Rent Date shall in any month not be a Business Day, then the Rent Date shall be the immediately following Business Day.

Rent Date means the First Rent Date and the numerically corresponding date of each and every subsequent month during the Term, or (if there is no corresponding date in any month), the last day of such month.

Examples of Rent Date in a sentence

• For Base Rent Periods subject to a LIBOR Period Election of six months, Base Rent shall be payable in two installments, with the first installment becoming due on the Base Rent Date that occurs on the first Business Day of the third calendar month following the commencement of such Base Rent Period, and with the second installment becoming due on the Base Rent Date upon which the Base Rent Period ends.

• For all other Base Rent Periods, Base Rent will be due in one installment on the Base Rent Date upon which the Base Rent Period ends.

• Payment must be initiated adequately in advance of the Rent Date to ensure that the Lessor receives credit for the payment on the Rent Date.

• In the event Lessor is responsible for delay in obtaining, delivering or setting up the Equipment, the Start Rent Date shall be deemed to be revised to the date that Lessor substantially completes setting up the Equipment.

• On each Base Rent Date, NAI must deliver to Agent, subject to the pledge and security interest created hereby, funds as Cash Collateral then needed (if any) to cause the Value of the Collateral to be no less than the Minimum Collateral Value.

More Definitions of Rent Date

Rent Date means the Delivery Date and the day after the last day of each Rental Period during the Term.

Rent Date means the day preceding each Basic Rent Period;

Rent Date means the first day of each Rent Period, which following the first Rent Period shall be the 16th day of a calendar month;

Rent Date means the Delivery Date and the first day of each calendar month after the Delivery Date until the Return Date.

Rent Date for any Aircraft, has the meaning given to it in the relevant Lease;

Rent Date means each Rent Payment Date and each date on which any additional Rent is payable;

Rent Date means each date specified in Item 4 thereafter during the Rental Period.