Rent Factor definition

Rent Factor means, with respect to a Schedule, the rent factor calculated using the Implicit Rate applicable on the date of preparation of such Schedule.
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Rent Factor is the sum of the Rental Rate Constant and the Debt Service Constant.
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Rent Factor shall have the meaning set forth in Section 3(a) below.
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Examples of Rent Factor in a sentence

  • Effective as of July 1, 2004, ANNUAL RENT attributable to the Total Project Cost of the Existing Campus has been calculated utilizing a Rent Factor of 6.16%.

  • Lessee shall pay to Lessor, as rental for Equipment during each month of the Initial Lease Term of any Schedule and during any Holdover Period, an amount equal to the Rent Factor set forth on the cover page of this Lease multiplied by the total Cost of the Equipment to Lessor, which amount shall be due and payable in advance on the first day of each calendar month during the Initial Lease Term and during any Holdover Period.

  • Upon execution of this Lease, Lessee shall pay to Lessor an advance payment in an amount equal to the Rent Factor multiplied by the Master Lease Line (plus applicable taxes) (the "Advance Rental").

  • From lean manufacturing to wellness, and environmental, health and safety programs, we are committed to empowering our employees, holding them accountable, and rewarding them for success.

  • Per each 0.25 % decrease or increase in the Prime Lending Rate, as published in the Wall Street Journal, the Monthly Rent Factor will decrease or increase by 0.010% respectively.

  • Notwithstanding anything to the contrary, the Original Additional Rent Factor shall be Four and 78/100 Dollars ($4.78), commencing on the Second Extension Term Commencement Date.

  • The Rent Factor will be calculated for each Schedule based on a basis point for basis point adjustment (if any) to the Initial Implicit Rate equal to the change from the Treasury Base Rate in the U.S. Treasury note rate for notes of a term equal to the Treasury Note Maturity as quoted in The Wall Street Journal three days prior to the date such Schedule is funded.

  • In no event shall the Base Rent Factor decrease as a result of any decrease in CPI.

  • The Basic Rent payable on each Rent Payment Date for the Equipment listed on Schedule I equals the product of the Lessee Basic Rent Factor shown on Schedule II-A for such Rent Payment Date and the Lessor's Cost.

  • The Rent Factor will be calculated for each Schedule (and such Rent Factor shall be fixed for such Schedule's Initial Lease Term) based on a basis point for basis point adjustment (if any) to the Initial Implicit Rate equal to the change from the Treasury Base Rate in the U.S. Treasury note rate for notes of a term equal to the Treasury Note Maturity as quoted in The Wall Street Journal three days prior to the date such Schedule is funded.


More Definitions of Rent Factor

Rent Factor means that percentage which shall be agreed to by the Lessor and the Lessee on the Commencement Date.
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Rent Factor means the Rent Factor applicable to each Schedule which is set forth on the cover page of this Lease. (z) "Rental Payment" means, for any Schedule, the monthly rent payment for the Units identified in such Schedule. (aa) "Residual Value" has the meaning set forth in Paragraph 22(b) of this Lease. (ab) "Schedule" means a schedule in the form of Exhibit F to this Lease identifying this Lease and incorporating this Lease by reference, which is executed by both parties hereto. (ac) "UCC" means the Uniform Commercial Code as in effect in the State of California from time to time. (ad) "Unit" means an item of Equipment.
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Rent Factor means the Rent Factor applicable to each Schedule which is set forth on the cover page of this Lease. (aa) "RENTAL PAYMENT" means, for any Schedule, the monthly rent payment for the Units identified in such Schedule. (bb) "RESIDUAL VALUE" has the meaning set forth in Paragraph 22(b) of this Lease. (cc) "SCHEDULE" means a schedule in the form of Exhibit F to this Lease identifying this Lease and incorporating this Lease by reference, which is executed by both parties hereto. (dd) "UCC" means the Uniform Commercial Code as in effect in the State of California from time to time. (ee) "UNIT" means an item of Equipment.
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Rent Factor means the percentage which, when multiplied by the Fair Market Value of the Premises, equals the triple net rental rate at which a willing lessor and lessee would lease the Premises for the term and upon the conditions set forth in this Lease.
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Rent Factor means the then current Base Annual Rental divided by the aggregate Purchase Price.
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Rent Factor as used in this Lease is defined as 7.56%.
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Related to Rent Factor

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • NET INVESTMENT FACTOR The net investment factor for each subaccount is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Senior Securities.

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Class Factor As to any date of determination and any Class of Certificates (other than the Interest Only Classes and the Residual Certificates), a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of each Accrual Class, all interest that has accrued on the Certificates of such Class prior to such date of determination and been added to the Class Balance thereof, less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the original Class Balance of such Class. As to any date of determination and any Interest Only Class, a fraction, the numerator of which is the percentage of the balance specified for such purpose under “Reference Sheet–Notional Classes” in the Prospectus Supplement (or, if applicable, the sum of the applicable percentages of the balances so specified) and the denominator of which is the original Class Balance thereof. Code: The Internal Revenue Code of 1986, as amended, including any successor or amendatory provisions.

  • Limited Indexation Factor means, in respect of a Limited Indexation Month or Limited Indexation Date, as the case may be, the ratio of the Index Figure applicable to that month or date, as the case may be, divided by the Index Figure applicable to the month or date, as the case may be, twelve months prior thereto, provided that (a) if such ratio is greater than the Maximum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Maximum Indexation Factor and (b) if such ratio is less than the Minimum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Minimum Indexation Factor;

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Stress Factor means 2.25.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • Note Factor means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal figure equal to the Note Balance of the Notes or such Class of Notes, as applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable.

  • Rating Agency Discount Factor means the Fitch Discount Factor (if Fitch is then rating Preferred Shares) or an Other Rating Agency Discount Factor, whichever is applicable.

  • Exchange Factor means 1.0; provided, however, that if the General Partner: (a) declares or pays a dividend on its outstanding Common Stock in Common Stock or makes a distribution to all holders of its outstanding Common Stock in Common Stock; (b) subdivides its outstanding Common Stock; or (c) combines its outstanding Common Stock into a smaller number of shares of Common Stock, the Exchange Factor shall be adjusted by multiplying the Exchange Factor by a fraction, the numerator of which shall be the number of shares of Common Stock issued and outstanding on the record date for such dividend, contribution, subdivision or combination (assuming for such purpose that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of shares of Common Stock (determined without the above assumption) issued and outstanding on the record date for such dividend, distribution, subdivision or combination. Any adjustment to the Exchange Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • Daily Price means, for any relevant day, the closing price on that day (or if there is no closing price the last bid price) as reported by the principal exchange or quotation system on which prices for the Common Stock are reported. On the redemption date the holders of record of redeemed Warrants shall be entitled to payment of the Redemption Price upon surrender of such redeemed Warrants to the Company at its principal office.

  • Rate Floor The minimum per annum Mortgage Interest Rate permitted under the related Mortgage Note. Rating Agency: Initially, each of S&P and Xxxxx’x and thereafter, each nationally recognized statistical rating organization that has rated the Certificates at the request of the Company, or their respective successors in interest. Ratings: As of any date of determination, the ratings, if any, of the Certificates as assigned by the applicable Rating Agencies.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Expansion Factor has the meaning ascribed thereto in Section 2.3(a);

  • Loss Factor means the scaling factor determined in accordance with clause 7 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Free Float means, as of any date of determination, the quotient, expressed as a percentage, obtained by dividing (a) the total number of Free Shares issued and outstanding by (b) the total number of Merger Shares or Spin-Off Shares, as applicable, issued and outstanding as determined by the applicable Issuer’s most recent filings with the SEC.