Rent Differential shall have the meaning set forth in Section 3(h) of the Facility Lease.
Rent Differential has the meaning stated in Section 23.5B.
Rent Differential. [material omitted]
Examples of Rent Differential in a sentence
Commencing upon the Effective Date, and during each year thereafter until the Expiration Date, the Owner shall make real property tax payments in the sum of the Contract Rent Differential Tax.
A Tenant shall have no obligation to pay Rent to the Landlord when receiving Rent Differential Payments.
For Owner Occupants and Tenants of 90 Days or More If you qualify as a 90-day occupant (either as an owner or tenant), you may be eligible for a Replacement Housing Payment in the form of a Rent Differential.
Commencing upon the Effective Date, and during each year thereafter until the Expiration Date, the New Owner shall make real property tax payments in the sum of the Contract Rent Differential Tax.
The Rent Differential payment is designed to assist you in renting a comparable decent, safe and sanitary replacement dwelling.
More Definitions of Rent Differential
Rent Differential means the excess of (i) any and all “Proceeds” payable to Tenant over (ii) Tenant’s “Allowed Costs”;
Rent Differential means, as of any Basic Rent Payment Date with respect to the applicable Rental Period, an amount equal to the difference between (i) the aggregate amount of interest actually accrued on all Outstanding Notes during such Rental Period and (ii) the aggregate amount of interest that would have accrued on such Notes if such Notes had at all times during the Rental Period borne interest at the interest rate assumed in the Pricing Assumptions then in effect. As of any Basic Rent Payment Date, (x) if the amount determined in accordance with clause (i), above, is greater than the amount determined in accordance with clause (ii) above, the amount of Basic Rent due on such date shall be increased by the Rent Differential, and (y) if the amount determined in accordance with clause (ii) exceeds the amount determined in accordance with clause (i), the amount of Basic Rent due on such date shall be decreased by the Rent Differential.
Rent Differential as defined in Section 3.05(c). “Repair Work” as defined in Section 14.06(a).
Rent Differential shall have the meaning set forth in Section 3(h) of the Facility Lease. Requisition of Title shall mean any circumstance or event in consequence of which Unit 2 or the Undivided Interest shall be condemned or seized or title thereto shall be requisitioned or taken by any Governmental Authority under power of eminent domain or otherwise and all administrative or judicial appeals opposing such condemnation, seizure or taking shall have been exhausted or the period for such appeal shall have expired. Requisition of Urn shall mean any circumstance or event in consequence of which the use of Unit 2 or the Undivided Interest shall be requisitioned or taken by any Governmental Authority under power of eminent domain or otherwise, other than a Requisition of Title. Responsible officer shall mean, with respect to the subject matter of any covenant, agreement or obligation of any party contained in any Transaction Document, the President, or any Vice President, Assistant Vice President, Treasurer, Assistant Treasurer or other officer who in the normal performance of his operational responsibility would have knowledge of such matter and the requirements with respect thereto. Retained Assets shall mean (i) the Lessee's interest in PVNGS (other than the Undivided Interest, the related Generation Entitlement Share, and the Real Property Interest), (ii) Severable Capital Improvements title to the undivided interest in which is retained by the Lessee in accordance with Section 8(e) of the Facility Lease, and (iii) any additional interest in and to PVNGS (other than the Undivided Interest, the related Generation Entitlement Share and the Real Property Interest) to which the Lessee becomes entitled in consequence of Sections 16.2 or 23.5 of the ANPP Participation Agreement (except as otherwise provided in Section 5(a) or 19 of the Facility Lease).
Rent Differential means, as of any Basic Rent Payment Date, the difference between (i) the aggregate amount of interest due and payable on each Basic Rent Payment Date on the Initial Series Note, and (ii) the aggregate amount of interest that would have been due and payable on such Basic Rent Payment Date on such Note if such Note had at all times during the relevant period borne interest at a rate equal to 10.0% per annum (computed on the basis of the actual number of days elapsed in a year of 365 or 366 days, as the case may be). If, as of any Basic Rent Payment Date, (A) the amount determined in accordance with clause (i) of the immediately preceding sentence shall exceed the amount determined in accordance with clause (ii) of such sentence, the amount of Basic Rent due on such Basic Rent Payment Date shall be increased by the Rent Differential, and (B) the amount determined in accordance with such clause (ii) shall exceed the amount determined in accordance with such clause (i), the amount of Basic Rent due on such Basic Rent Payment Date shall be decreased by the Rent Differential.
Rent Differential has the meaning set forth in Section 3(c)(iii) hereof.
Rent Differential means, as of any Lease Period Date, the difference between (i) the aggregate amount of interest due, unpaid and payable on such Lease Period Date on the Loan Certificates for the Interest Period then ending and (ii) the aggregate amount of interest on the Loan Certificates that would have been due and payable on such Lease Period Date for the Interest Period then ending if the Loan Certificates had at all times during such Interest Period borne interest at a rate equal to 10.0% per annum (computed on the basis of a 360-day year of twelve 30-day months). As of any Lease Period Date, (A) if the amount determined in accordance with clause (i) of the immediately preceding sentence shall be greater than the amount determined in accordance with clause (ii) of such sentence, the amount of Basic Rent due on such Lease Period Date shall be increased by the Rent Differential, and (B) if the amount determined in accordance with such clause (ii) shall exceed the amount determined in accordance with such clause (i), the amount of Basic Rent due on such Lease Period Date shall be decreased (but not below zero) by the Rent Differential. Lessee shall notify, solely for purposes of the calculation of the applicable Rent Differential, the Mortgagee, Lessor and the Owner Participant on the day immediately preceding any Lease Period Date of the interest actually accruing with respect to the Loan Certificates.