Variable Lease Payment definition

Variable Lease Payment means the part of the Lease Payments accrued by the Lessor for a specific Agreement depending on the size of the expenses of the Lessor incurred by it in connection with the conclusion and/or performance by the Lessor of such Agreement for a specific Lease Period, and/or the cost of any Additional Services provided by the Lessor under the relevant Agreement for a specific Lease Period and payable by the Lessee in accordance with clause 10.5 herein. The Lessor has the right to include the Lessor’s expenses and other amounts provided for in clause 10.4 of these General Terms and Conditions in the Variable Lease Payment, as well as other amounts, the reimbursement or payment of which by the Lessee to the Lessor is provided for by these General Terms and/or the relevant Agreement.
Sample 1Sample 2
Variable Lease Payment the amounts payable by Guangzhou Haiyuehui to Guangzhou
Sample 1
Variable Lease Payment the amounts payable by CRP Investment to CRL Shenzhen for the
Sample 1

Examples of Variable Lease Payment in a sentence

  • As the highest applicable percentage ratio in respect of the highest total amount of the Variable Lease Payment for a year during the lease term is less than 0.1%, the Variable Lease Payment under the Lease Agreement constitutes a de minimis transaction pursuant to Rule 14A.76(1) of the Listing Rules and is fully exempt from shareholders’ approval, annual review and all disclosure requirements under Chapter 14A of the Listing Rules.

  • As such, under Chapter 14A of the Listing Rules, the transactions contemplated under the Lease Agreement and the Fixed Lease Payment constitute a one-off connected transaction of the Company, whereas the Variable Lease Payment will be regarded as a continuing connected transaction of the Company under Rule 14A.31 of the Listing Rules.

  • The Lessor shall be entitled at his/her discretion, based on the assessment of commercial feasibility, not to include any of costs in the Variable Lease Payment under any Agreement, even if such costs may formally be included by it in the Variable Lease Payment under such Agreement in accordance with these General Terms and Conditions.

  • The Lessee’s obligations to pay the Variable Lease Payment under each Agreement shall be due and payable in Rubles of the Russian Federation in accordance with clause 10.5 hereof.

  • The amount of the next instalment of the Variable Lease Payment shall be determined by the Lessor for each Agreement in the relevant invoice to be sent to the Lessee.

  • An invoice for the Variable Lease Payment shall be due and payable by the Lessee on or before the Due Date closest to the date of such invoice.

  • Notwithstanding the preceding paragraph of this Clause 10.5, the Lessor shall be entitled to invoice any of his/her costs to be reimbursed as part of the Variable Lease Payment under any Agreement until the Lessor has actually incurred such costs (in advance).

  • The Management Fee and Variable Lease Payment were arrived at after arm’s length negotiation between the parties and were determined with reference to (i) terms in relation to the provision of service of similar nature in the market by or to independent third parties; (ii) the future development of the Project; and (iii) the operation experience and mode of parking project of industry/office park.

  • These patterns will be stored and made accessible via a Data Network repository for high-quality govern- ance management.

  • In the event the annual Management Fee or the annual Variable Lease Payment is likely to exceed the Annual Caps, Shoushi Changtai shall cooperate with E Park Operation to comply with applicable Listing Rules and to obtain all necessary approvals and authorization, if required, in relation to the Amended Agreement and the transactions contemplated thereunder.

Related to Variable Lease Payment

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

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

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Purchase Payment A payment made toward this Contract.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

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

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

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

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Warranty Purchase Payment means, with respect to a Payment Date and to a Warranty Receivable repurchased by the Seller as of the close of business on the last day of the related Collection Period, the sum of (a) the unpaid principal balance owed by the Obligor in respect of such Receivable plus (b) interest on such unpaid principal balance at a rate equal to the related APR to the last day in the related Collection Period.

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

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

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • 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.

  • Allowance Date means the date on which a Claim becomes an Allowed Claim.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;