Variable Rent Base Amount definition

Variable Rent Base Amount. As defined in clause (b)(ii)(A) of the definition of “Rent.”
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Variable Rent Base Amount. As defined in clause (b)(ii)(A) of the definition of “Rent.” “Variable Rent Determination Period”: Each of (i) the Fiscal Period that ended immediately prior to the Commencement Date, and (ii) the Fiscal Period in each case that ends immediately prior to the commencement of the eighth (8th) Lease Year, the eleventh (11th) Lease Year, and the first (1st) Lease Year of each Renewal Term. “Variable Rent Payment Period”: Collectively or individually, each of the First Variable Rent Period, the Second Variable Rent Period and each of the Renewal Term Variable Rent Periods. “Variable Rent Statement”: As defined in Section 3.2(a). “Work”: Any and all work in the nature of construction, restoration, alteration, modification, addition, improvement or demolition in connection with the performance of any Alterations and/or any Capital Improvements. “Year 8 Decrease”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 8 Increase”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 8-10 Variable Rent”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 11 Decrease”: As defined in clause (b)(ii)(B) of the definition of “Rent.” “Year 11 Increase”: As defined in clause (b)(ii)(B) of the definition of “Rent.” “Year 11-15 Variable Rent”: As defined in clause (b)(ii)(B) of the definition of “Rent.” ARTICLE III RENT 3.1
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Variable Rent Base Amount. “Variable Rent Determination Period” “Variable Rent Floor Trigger Event” “Variable Rent Floor Base Year” “Variable Rent Payment Period” “Variable Rent Statement”‌‌‌‌‌
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Related to Variable Rent Base Amount

  • 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.

  • 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.

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

  • 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.