Unpaid Accrued Rent definition

Unpaid Accrued Rent. As of any date, the amount equal to (a) the sum of ------------------- (i) the aggregate amount of all Accrued Rent earned hereunder from the Effective Date through such date, plus (ii) the aggregate amount of all Accrued Rent Interest from the Effective Date through such date, less (b) the aggregate amount of all payments made by Tenant or any other party from and after the Effective Date on account of Accrued Rent or Accrued Rent Interest.
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Unpaid Accrued Rent. As of any date, the amount equal to (a) the sum of ------------------- (i) the aggregate amount of all Accrued Rent earned hereunder from the Effective Date through such date, plus (ii) the aggregate amount of all Accrued Rent Interest from the Effective Date through such date, plus (iii) the aggregate amount of all Unpaid Accrued Rent, if any, that was owing as of the Effective Date under the Original Master Lease and attributable to the Leased Properties under this Lease pursuant to Section 40.15(a)(iii) of the Original Master Lease, --------------------- less (b) the aggregate amount of all payments made by Tenant or any other party from and after the Effective Date on account of Accrued Rent or Accrued Rent Interest.
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Examples of Unpaid Accrued Rent in a sentence

  • During any such six (6) month period all the provisions of this Lease shall remain in full force and effect and Base Rent, Current Rent and Unpaid Accrued Rent shall not be abated or reduced during such period of taking.

  • Tenant shall have the right to prepay all or any portion of the Unpaid Accrued Rent at any time, provided, however, that any such -------- ------- prepayment shall be applied first to any past due amounts owing under this Lease (including, without limitation, any amounts due and owing as the result of an Event of Default) and the balance to Unpaid Accrued Rent in the reverse order of accrual (i.

  • The Rent shall be paid absolutely net to Lessor, --------- without any rights of deduction, set-off or abatement, so that this Lease shall yield to Lessor the full amount of the installments of Current Rent, Unpaid Accrued Rent and Additional Charges, throughout the Term, including, without limitation, any Extended Terms.

  • Tenant shall pay to Lessor, in lawful money of the ---- United States of America which shall be legal tender for the payment of public and private debts, at Lessor's address set forth in Section 34.1 below or at ------------ such other place or to such other person(s), firm(s) or corporation(s) as Lessor from time to time may designate in writing, Current Rent, Unpaid Accrued Rent and Additional Charges during the Term, including, without limitation, any Extended Terms, as hereinafter provided.

  • If Tenant provides -------------------------------------- or arranges such financing, there shall be no adjustment in Base Rent, Current Rent or Unpaid Accrued Rent by reason of any such Capital Alteration.

  • If Tenant provides or -------------------------------------- arranges such financing, there shall be no adjustment in Base Rent, Current Rent or Unpaid Accrued Rent by reason of any such Capital Alteration.

  • BY: /s/ XXXXX XXXXXXXX -------------------------------------- Xxxxx Xxxxxxxx, President SMC GROUP BY: /s/ XXXXX XXXXXXXX -------------------------------------- Xxxxx Xxxxxxxx, Proprietor EXHIBIT "B" INTEROFFICE MEMO From: Xxxxxxx Xxxxxxx, Controller To: Xxxxxxx Armani Re: Unpaid Accrued Rent This memo is to confirm that as of March 31, 1998 the total amount of unpaid accrued rent to SMC/Shashani is $141,500.

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  • Tenant shall pay to Lessor, in lawful money of the United ---- States of America which shall be legal tender for the payment of public and private debts, at Lessor's address set forth in Section 34.1 below or at such ------------ other place or to such other person(s), firm(s) or corporation(s) as Lessor from time to time may designate in writing, Current Rent, Unpaid Accrued Rent and Additional Charges during the Term, including, without limitation, any Extended Terms, as hereinafter provided.

  • Tenant acknowledges and agrees that, in the event Lessor exercises the Reset Option, Tenant shall thereafter remain obligated to pay Unpaid Accrued Rent and Additional Charges as provided in Sections 3.1 and 3.3 hereof, notwithstanding any resetting of Base Rent, Current Rent and Accrued Rent pursuant to this Section 3.2.

Related to Unpaid Accrued Rent

  • Compensation Accrued at Termination means the following:

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Accrued Obligation means the sum of (i) Executive’s Base Salary earned through the Date of Termination and (ii) to the extent permitted by the Company’s vacation policies as may exist from time to time, any accrued, unused vacation pay earned by Executive, in both cases, to the extent not theretofore paid.

  • Accrued Amounts means any unpaid annual base salary accrued through the date of a Participant’s Qualifying Termination and any accrued but unpaid vacation pay.

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Accrued Day Off means the paid day off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of Duty, Overtime and On Call, in this award.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Termination Benefit means the benefit set forth in Article 7.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Termination Date Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand.

  • Unpaid Amount has the meaning specified in Section 7.05.