Examples of Lease Fee in a sentence
The subsequent acceptance of Lease Fee payments by HCHT shall not be deemed to be a waiver of any preceding breach by Homeowner of any requirement or restriction in this Lease, other than the failure of the Homeowner to pay the particular Lease Fee so accepted, regardless of HCHT’s knowledge of such preceding breach at the time of acceptance of such Lease Fee payment.
Thereafter, for so long as these restrictions are not reinstated in the Lease, HCHT may, from time to time, further increase the amount of such Lease Fee, provided that the amount of the Lease Fee does not exceed the fair rental value of the property, and provided that such increases do not occur more often than once every year.
In no event shall the total amount that HCHT is required to pay Permitted Mortgagee be greater than the Purchase Option Price; SECOND, HCHT shall pay the Homeowner the balance of the Purchase Option Price calculated in accordance with Article 10 below, as of the time of reversion of ownership, less the total amount of any unpaid Lease Fee and any other amounts owed to HCHT under the terms of this Lease.
The Homeowner shall pay a monthly Lease Fee in the amount of fifty dollars ($50.00) to be paid in return for the continuing right to possess, occupy and use the Leased Land.