Rental Modification Date definition

Rental Modification Date means a date one hundred and eighty days (180) from the date hereof.
Rental Modification Date means a date one hundred and eighty days (180) from the date hereof. 23. "Sub-Contractors" shall mean those persons furnishing labor or materials for the Project pursuant to the Sub-Contracts. 24. "Sub-Contracts" shall mean the contracts between the Contractor and its materialmen and mechanics in the furnishing of labor or materials for the Project. 25. "Title" shall mean Lawyers Title Insurance Corporation issuing the Lessor's fee owner's title insurance policy.

Examples of Rental Modification Date in a sentence

  • However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.5% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

  • However, one hundred and fifty days (150) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 9.75% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

  • However, one hundred and twenty days (120) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.25% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

  • However, One Hundred and Twenty days (120) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

  • However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.75% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

  • On the Rental Modification Date, if not otherwise in default hereunder, Lessee shall begin paying Rent out of pocket by the first of each month (prorata for the balance of any partial month in which the Rental Modification Date occurs, payable with the first such adjusted Rent payable on the first day of the first full month following the Rental Modification Date).

  • Rent shall be payable by Lessee and calculated as follows, on the funds advanced by Lessor on the Closing Date for the purchase of the land and related closing costs (the "Initial Disbursed Funds"): Rent shall accrue in the amount of $9,633.33 per month absent an uncured Default by Lessee; absent an uncured Default, accrued rent during the period of construction of the Improvements prior to the Rental Modification Date shall not be payable until the Final Disbursement Date.

  • Rent shall be payable by Lessee and calculated as follows, on the funds advanced by Lessor on the Closing Date for the purchase of the land and related closing costs (the "Initial Disbursed Funds"): Rent shall accrue in the amount of $11,390 per month absent an uncured Default by Lessee; absent an uncured Default, accrued rent during the period of construction of the Improvements prior to the Rental Modification Date shall not be payable until the Final Disbursement Date.

  • However, one hundred and twenty days (120) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 9.875% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

  • However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.