The band has not yet decided the song they will perform to honour Kilmister, but will be debuting new Hollywood Vampires track "As Bad As I Am" at the show, reported Entertainment Weekly.
"We started this band as a means to toast our 'dead drunk friends' at the Rainbow, all the ghosts in the bar, and now I guess Lemmy is involved in that too," he said.
Kilmister, who was the frontman of heavy metal group Motorhead, died of cancer in December at the age of 70.