Rent Payment Account definition

Rent Payment Account. As defined in section 3(a) hereof.
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Rent Payment Account means Chase Bank account no.72061094702. Tenant shall pay rent by means of wire or intra- or inter- bank transfer of funds to the Rent Payment Account.
Sample 1
Rent Payment Account means the account number 0631581022, ABA 000000000, in the name of Fraccionadora Dinamica del Xxxxxxxx X.X. de C.V., maintained with Xxxxx Fargo Bank, branch number 1255, in Nogales, Arizona, United States of America. Tenant shall pay rent by means of wire or intra or inter-bank transfer of funds within the Mexican banking system or check drawn on an account in a Mexican bank.
Sample 1

Examples of Rent Payment Account in a sentence

  • Tenant shall deposit monthly installments of Base Rent, along with applicable value added tax, directly into the Rent Payment Account or at such other place designated by Landlord, monthly, in advance, on the first day of each calendar month during the Term, without notice or demand and without any setoff, abatement or counterclaim.

  • Deposits of rent will be made by Tenant directly into the Rent Payment Account by, at the election of Tenant, wire transfer or intra-or inter-bank transfer of funds within the Mexican banking system or by check drawn on an account in a Mexican bank.

  • On each Rent Payment Date or Additional Rent Payment Date, as the case may be, Rent shall be paid by transferring the funds on deposit in the Rent Payment Account in the amount equal to the Rent payment (in the amount notified by the Facility Sublessee to the Owner Lessor and the Holder Representative) into the Holder Representative's Account.

  • The Rent Payment Account shall be funded (i) from the Revenue Account pursuant to Section 3.1(b)(iii), (ii) from the Special Rent Reserve Account pursuant to Section 3.10(b), (iii) from the Additional Liquidity Account pursuant to Section 3.12(a), and (iv) from the Rent Reserve Account pursuant to Section 3.6(b).

  • The Lockbox Account shall be entitled "General Electric Capital Corporation, as the Administrative Agent, pursuant to Loan Agreement dated as of December 13, 0000-0000 0xx Xxxxxx Rent Payment Account", provided that the Administrative Agent shall have the option to cause the Lockbox Bank to change the name of the Lockbox Account by giving notice to the Borrower, the Lenders and such Lockbox Bank.

  • Deposits of rent will be made by Tenant directly into the Rent Payment Account by, at the election of Tenant, wire transfer or intra-bank or inter-bank transfer of funds within the Mexican banking system or by check drawn on an account in a Mexican bank.

  • Tenant shall deposit monthly installments of Base Rent, along with applicable value added tax, directly into the Rent Payment Account or at such other place designated by Landlord by written notice given to Tenant to that effect, monthly, in advance, on the first day of each calendar month during the Term, without notice or demand and without any setoff, abatement or counterclaim, unless otherwise provided hereunder.

  • Tenant shall deposit monthly installments of Base Rent, along with applicable value added tax, directly into the Rent Payment Account or at such other place designated by Landlord, monthly, in advance, on the first day of each calendar month during the Term, without notice or demand.

  • Notwithstanding anything herein to the contrary, each party hereto acknowledges that a deficiency in the Working Capital Account does not preclude the transfer of funds from the Rent Reserve Account as set forth in Section 3.6. Rent Payment Account.

  • Payment of Base Rent will be made by Tenant directly into the Rent Payment Account by wire transfer or intra- or inter- bank transfer of funds.


More Definitions of Rent Payment Account

Rent Payment Account shall have the meaning specified in Section 2.2 of the Depositary Agreement.
Sample 1
Rent Payment Account means an account at Bank of America for the account of the Facility Lessee or such other account of the Facility Lessee as the Facility Lessee may from time to time specify in a notice to the other parties to the Participation Agreement.
Sample 1
Rent Payment Account means: Bank of America 900 Xxxx Xxxxxx XXXXXX, XX 00000 ABA NO. 0000-0000-0 ACCOUNT NO. 400000000000 CONTACT SXXXX XXXXXX AT 214-944-5454, Ext. 206
Sample 1
Rent Payment Account means a financial institution and an account number to be determined by Landlord. Tenant shall pay rent by means of wire or intra-bank or inter-bank transfer of funds within the Mexican banking system or check drawn on an account in a Mexican bank.
Sample 1
Rent Payment Account means Xxxxx Fargo Bank West, 000 Xxxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx, 00000 account no. ______. Tenant shall pay rent by means of wire or intra- or inter- bank transfer of funds directly into the Rent Payment Account.
Sample 1

Related to Rent Payment Account

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

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

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • 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.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Income Account Record Date means the "Record Dates" set forth in the "Essential Information" in the Prospectus.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Excess Interest Distribution Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Class S – Excess Interest Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the Excess Interest Certificates. The Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.