Examples of Rental Payments in a sentence
The County and the Corporation shall, in a reasonable manner and in good faith, determine the amount of such abatement; provided, however, that the Rental Payments due for any Rental Period shall not exceed the annual fair rental value of that portion of the Property available for use and occupancy by the County during such Rental Period.
Each installment of Base Rental Payments payable hereunder shall be paid in lawful money of the United States of America to or upon the order of the Trustee, as the assignee of the Corporation, at the Office of the Trustee, or such other place or entity as the Trustee shall designate.
The County agrees that if, following a partial prepayment of Base Rental Payments, the Property is damaged or destroyed or taken by eminent domain, or a defect in title to the Property is discovered, the County shall not be entitled to, and by such prepayment waives the right of, abatement of such prepaid Base Rental Payments and the County shall not be entitled to any reimbursement of such Base Rental Payments.
Lessee has experienced no material change in its financial condition or in the revenues expected to be utilized to meet Rental Payments under the Lease since December 31, 2022.
Principal Amount: $[Principal Amount] Interest Rate: %, 30/360 basis Commencement Date: [Dated Date] Rental Payments will be made in accordance with Section 9 of the Master Agreement and this Payment Schedule.