Scheduled Rent definition

Scheduled Rent means, as of any Rent Payment Date, that portion of the accrued and unpaid Basic Rent which equals the Scheduled Obligations Due (as defined in the Lease) thereunder.
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Scheduled Rent means, for the Lease Term, the rent payable pursuant to Section 4.1(c) of the Lease on each Rent Payment Date in the amount set forth in Appendix III to the Lease, as such Appendix may be adjusted in the circumstances described in Section 4.1 of the Lease.
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Scheduled Rent means the amounts payable as Scheduled Rent as specified in APPENDIX III of the Lease.
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Examples of Scheduled Rent in a sentence

  • Pursuant to the Master Lease and the Master Lease Rent Payment Direction Letter all Master Lease Scheduled Rent shall at all times during the term of the Loan be made directly to the Holding Account, and none of the foregoing payments of Master Lease Rent shall be deemed made until such payment has been deposited into the Holding Account.

  • Agent shall notify Lessor and each Participant of the amount of the Base Rent due on each such Scheduled Rent Payment Date and so treated as an Improvement/Expense Advance.

  • If the Paris Formula Rent is greater than the Paris Scheduled Rent, then the Paris Base Rent shall be reset to the Paris Formula Rent effective as of the Paris Rent Reset Date.

  • Lessee shall give the Notice of Term Purchase Option Exercise to Lessor at least one (1) month prior to the Scheduled Rent Payment Date on which such termination and purchase are to occur.

  • These changes clarify how to apply Statement No. 13, Accounting for Operating Leases with Scheduled Rent Increases, and result in guidance that is consistent with the requirements in Statement No. 48, Sales and Pledges of Receivables and Future Revenues and Intra-Entity Transfers of Assets and Future Revenues, respectively.

  • Attached hereto as Appendix III is a schedule of the Scheduled Rent due and payable on each Rent Payment Date.

  • On each Scheduled Rent Payment Date occurring under the Lease Agreement during the Commitment Period, the Base Rent due on such Scheduled Rent Payment Date shall be capitalized by automatically treating the amount of such Base Rent as an Improvement/Expense Advance made on such Scheduled Rent Payment Date.

  • On each Rent Payment Date, Lessee shall pay the installment of Scheduled Rent then due and payable.

  • The lease payments are being accounted for under FASB Technical Bulletin 85-3, Accounting for Operating Leases with Scheduled Rent Increases, which requires minimum lease payments with scheduled rent increases to be accounted for on a straight-line basis over the lease term.

  • Subject to the terms and conditions of the Purchase Agreement, Lessee may, on any Scheduled Rent Payment Date prior to the Scheduled Expiration Date, terminate this Agreement and purchase the Facility 2 Property pursuant to Section 2 of the Purchase Agreement.


More Definitions of Scheduled Rent

Scheduled Rent and before "designated" in the second line thereof, by inserting "and" after "as applicable," and before "due" in the fourth line thereof, by deleting "with respect to such Transponders" in the fourth and fifth lines thereof, by inserting "with respect to such date" after "Amount" and before "," in the fifth line thereof and by inserting "with respect to such Transponders" after "if any" and before "due" in the seventh line thereof, and (3) by deleting the text of Section 19(c) in its entirety and substituting in lieu thereof the following:
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Scheduled Rent means the annual gross rent from tenants of a particular property paid to the Property Company, net of any amounts paid to the Property Company by such tenants in respect of insurance, taxes, common area maintenance charges, tenant improvements, and other expenses.
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Scheduled Rent. Tenant's Proportionate Share of Building Taxes", "Tenant's Proportionate Share of Operating Expenses" and "Tenant's Proportionate Share of Taxes"; Article 4; Section 5.1(c); Section 5.1(f); Section 5.1(g); Section 5.1(j); Section 5.2; Section 5.4; Article 6; Article 7; the last three sentences of Section 13.2(a); the first and last sentences of Section 16.1; Section 16.10; Article 17; Article 21; Section 23.3; Section 23.4; Section 23.6; Article 30; Article 31; Article 32; Article 33; Article 34; Section 35.3; Section 35.14; Section 35.16; Section 35.17; Section 35.19; and Section 35.22.
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Scheduled Rent means the face rent payable by all tenants of leased space within Building 3 during the Building 3 Rental Period under leases negotiated in arms length transactions (i.e., excluding any leases with affiliates, subsidiaries or other parties controlled by Landlord), ignoring free or abated rent (i.e., treating free and abated rent periods as if rent is to be paid at the face rate payable immediately after such abatement or free rent period).
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Scheduled Rent means the total monthly rent for the Property under the Commercial Leases. 9.2
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Related to Scheduled Rent

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

  • Scheduled Redetermination has the meaning assigned such term in Section 2.07(b).

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Scheduled Return Date means the date on which You are originally scheduled to return to the point of origin or the original final destination of Your Trip.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Unscheduled Rebalance means an unscheduled rebalance occurring on a Valuation Date on which the rebalancing mechanism built in the relevant Index or Investment Strategy in respect of a Series of ETP Securities has been triggered by a change in the price of the corresponding Reference Asset of such Index or Investment Strategy by more than the relevant trigger level for the Index or Investment Strategy in accordance with its methodology.

  • Scheduled Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.07(d).

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • Scheduled Uptime means the total minutes in the reporting month less the total minutes represented by the Scheduled Downtime.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Scheduled Airline means any civilian aircraft operated by a civilian scheduled air carrier holding a certificate, license or similar authorization for civilian scheduled air carrier transport issued by the country of the aircraft’s registry, and which in accordance therewith flies, maintains and publishes tariffs for regular passenger service between named cities at regular and specified times, on regular or chartered flights operated by such carrier.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Scheduled Reference Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Reference Date.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • Scheduled Redemption Date means the first (1st) Business Day following the twenty first (21st) anniversary of the Issue Date.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);