Supplemental Rent Payment definition

Supplemental Rent Payment means a payment of Supplemental Rent.
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Examples of Supplemental Rent Payment in a sentence

  • Supplemental Rent shall be payable for each calendar quarter on the Supplemental Rent Payment Date immediately following the end of such calendar quarter.

  • The Supplemental Rent Payment Date with respect to each Fiscal Year shall be the first Rent Payment Date following the delivery of the Annual Accounting Statement with respect to such Fiscal Year.

  • On the 1997 Refinancing Date, the Lessee shall pay to the Lessor Supplemental Rent in the amount of Four Million Six Hundred Five Thousand Eight Hundred Ten Dollars and Fifteen Cents ($4,605,810.15) in immediately available funds (the "1997 Supplemental Rent Payment").

  • In addition, any Supplemental Rent Payment that is not paid within six months after the same is due shall bear interest at a rate equal to the greater of 12.21% or the Prime Rate plus two percent per annum from the date six months after such payment is due until paid.

  • The Owner shall provide the County Manager or his designee with a copy of the written calculation of On-Site Supplemental Rent Payment for each Eligible Household within fifteen (15) days of occupancy of the temporary on-site housing unit by the Eligible Household and on or before each February 1st thereafter during the term of this Agreement.

  • On the 1997 Refinancing Date, the Lessee shall make the 1997 Supplemental Rent Payment pursuant to Section 2 of the Second Lease Supplement and the payments required by Section 2 of the second supplement to the Other Leases.

  • The Mountain’s Edge Supplemental Rent Payment is due at the same time as Fixed Monthly Rent as described in Section 3.1. As of the Amendment Execution Date, the current Mountain’s Edge Supplemental Rent Payment is $19,834.24.

  • The Owner covenants and agrees to calculate the amount of the Off-Site and On-Site Supplemental Rent Payment for each Eligible Household prior to the execution of a new residential lease by the Eligible Household for its temporary off-site housing residential unit.

  • On the Supplemental Rent Payment Date following the end of each Lease Year, the Escrow Agent shall pay to the Lessor an amount equal to the Supplemental Rent for the preceding Lease Year required to be paid pursuant to this Section 3.02, as reflected on the certificate required to be delivered pursuant to Section 12.03(b), and shall pay the remaining amounts held in such account with respect to the prior Lease Year to the Lessee.

  • If not, the guideline for the immigration offenses would apply, placing defendant’s base offense level at 12.As previously noted, supra at 44-45, the jury twice was told not to answer the special interrogatories regarding involuntary servitude unless it first (1) found defendant guilty of the substantive involuntary-servitude charge, or (2) found defendant guilty of conspiracy and unanimously concluded an object of the conspiracy was to hold the victim in involuntary servitude.

Related to Supplemental Rent Payment

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

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

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

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

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

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

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • 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.

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

  • 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

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • 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.

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

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

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • 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.

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

  • Current Rent means, in respect of each of the tenancies subject to which the lot is sold, the instalment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion.