Common use of Deferred Rent Clause in Contracts

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Million Six Hundred Three Thousand Eighty-Five and 00/100ths Dollars ($12,603,085.00) in sixteen (16) equal quarterly installments of Seven Hundred Eighty-Seven Thousand Six Hundred Ninety-Three and 00/100ths Dollars ($787,693.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Sources: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Million Six Nine Hundred Three Sixty Thousand EightyEight Hundred Sixty-Five Seven and 00/100ths Dollars ($12,603,085.0012,960,867.00) in sixteen (16) equal quarterly installments of Seven Eight Hundred EightyTen Thousand Fifty-Seven Thousand Six Hundred Ninety-Three Four and 00/100ths Dollars ($787,693.00810,054.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Sources: Lease Agreement (Hospitality Properties Trust), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Fourteen Million Six One Hundred Three Thousand EightySeventy-Five Thousand Two Hundred Thirty-Nine and 00/100ths Dollars ($12,603,085.0014,175,239.00) in sixteen (16) equal quarterly installments of Seven Eight Hundred Eighty-Seven Five Thousand Six Nine Hundred NinetyFifty-Three Two and 00/100ths Dollars ($787,693.00885,952.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Sources: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Seventeen Million Six Eight Hundred Seventy-Two Thousand Four Hundred Twenty-Three Thousand Eighty-Five and 00/100ths Dollars ($12,603,085.0017,872,423) in sixteen (16) equal quarterly installments of Seven One Million One Hundred EightySeventeen Thousand Twenty-Seven Thousand Six Hundred Ninety-Three and 00/100ths Dollars ($787,693.001,117,026.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Sources: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April 1, 2019 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Million Eight Hundred Forty-Six Thousand Six Hundred Three Thousand EightyNinety-Five Two and 00/100ths Dollars ($12,603,085.0012,846,692.00) in sixteen (16) equal quarterly installments of Seven Eight Hundred Eighty-Seven Two Thousand Six Nine Hundred Ninety-Three Eighteen and 00/100ths Dollars ($787,693.00802,918.00) on the first Business Day of each calendar quarter during such period.

Appears in 3 contracts

Sources: Lease Agreement (Travelcenters of America LLC), Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Fourteen Million Six One Hundred Three Sixty-One Thousand EightyForty-Five One and 00/100ths Dollars ($12,603,085.0014,161,041.00) in sixteen thirteen (1613) equal quarterly installments of Seven Hundred One Million Eighty-Seven Nine Thousand Six Three Hundred Ninety-Three Eleven and 00/100ths Dollars ($787,693.001,089,311.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Sources: Lease Agreement (TravelCenters of America Inc. /MD/)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Fifteen Million Six One Hundred Three Forty-Seven Thousand Eighty-Five Seven Hundred Twenty and 00/100ths Dollars ($12,603,085.0015,147,720.00) in sixteen thirteen (1613) equal quarterly installments of Seven One Million One Hundred EightySixty-Seven Five Thousand Six Two Hundred Ninety-Three Nine and 00/100ths Dollars ($787,693.001,165,209.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Sources: Lease Agreement (TravelCenters of America Inc. /MD/)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Thirteen Million Six Eight Hundred Seventy Thousand Three Thousand EightyHundred Forty-Five Two and 00/100ths Dollars ($12,603,085.0013,870,342.00) in sixteen thirteen (1613) equal quarterly installments of Seven One Million Sixty-Six Thousand Nine Hundred EightyForty-Seven Thousand Six Hundred Ninety-Three Nine and 00/100ths Dollars ($787,693.001,066,949.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Sources: Lease Agreement (TravelCenters of America Inc. /MD/)

Deferred Rent. Commencing on April January 1, 2019 2020 through January 31, 2023, Tenant shall pay to Landlord, the total amount of Twelve Fourteen Million Six Sixty-Eight Thousand Two Hundred Three Seventy-Four and 00/100ths Dollars ($14,068,274.00) in thirteen (13) equal quarterly installments of One Million Eighty-Two Thousand EightyOne Hundred Seventy-Five and 00/100ths Dollars ($12,603,085.00) in sixteen (16) equal quarterly installments of Seven Hundred Eighty-Seven Thousand Six Hundred Ninety-Three and 00/100ths Dollars ($787,693.001,082,175.00) on the first Business Day of each calendar quarter during such period.

Appears in 1 contract

Sources: Lease Agreement (TravelCenters of America Inc. /MD/)