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.
Rent Factor is the sum of the Rental Rate Constant and the Debt Service Constant.
Rent Factor shall have the meaning set forth in Section 3(a) below.

Examples of Rent Factor in a sentence

  • Accordingly, the Annual Basic Rent Factor for any Renewal Term under any Section 2 Lease shall be equal to (I) the Fair Market Rental Value Per RSF of the Base Leased Premises for such Renewal Term under such Section 2 Lease, minus (II) the Apportioned Reduction Amount Per RSF (if any) for such Renewal Term with respect to such Section 2 Lease.

  • 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.

  • In the event Lessee elects to enter into such new master lease, the Base Annual Rental under such new master lease shall equal the product of (i) the aggregate Applicable Percentage for the Properties included within such new master lease multiplied by the Purchase Price, and (ii) the "Rent Factor'' set forth on the attached Exhibit B.

  • The Monthly Rent Factor for each Lease Schedule will be fixed at the time it is executed.

  • 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").

  • If the costs of the Expansion Premises Tenant Improvements does exceed the Expansion Premises Tenant Improvement Allowance, and Tenant elects to receive the Expansion Premises Base Increase Rent Factor pursuant to this Paragraph 5.3, Landlord and Tenant shall each execute a written amendment to the Lease, prepared by Landlord, to reflect the appropriate increase in the amount of Base Rent.

  • Base Rent shall be recalculated when Tenant's Percentage Share changes and/or when the Base Rent Factor is increased based upon the CPI formula stated herein.

  • In the case of Section 236 Projects, also compute the maximum allowable market rent potential and Market Rent Factor using Box G of the Rent Computation Worksheet.

  • In addition the Base Rent Factor shall increase annually if there is any increase in CPI, hereinafter defined, based upon such increase, as specified below.

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


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.
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.
Rent Factor means the then current Base Annual Rental divided by the aggregate Purchase Price.
Rent Factor as used in this Lease is defined as 7.56%.
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.
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.

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.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • NET INVESTMENT FACTOR The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where: A is (i) the net asset value per share of the Investment Options or Portfolios of an Investment Option held by the Sub-Account for the current Valuation Period; plus

  • 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 Preferred Shares.

  • 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 Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • 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:

  • Other Rating Agency Discount Factor means the discount factors set forth in the Other Rating Agency Guidelines of each Other Rating Agency for use in calculating the Agency Discounted Value of the Company’s assets in connection with the Other Rating Agency’s rating of the MRP Shares.

  • 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: *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.