Renewal Lease Term definition

Renewal Lease Term means any Wintergreen Renewal Lease Term or any FMV Renewal Lease Term.

Renewal Lease Term means each two year term for which the Lease is extended by Lessee, if any, pursuant to the first or second such extensions in accordance with Section 17 of the Lease.

Renewal Lease Term with respect to the Facility Lease, shall mean the First Renewal Lease Term, the Second Renewal Term, any FMV Renewal Lease Term or the Lessor Put Renewal Term. "RENEWAL SITE LEASE TERM(S)" individually or collectively as the context shall require, with respect to the Facility Site Lease, shall have the meaning set forth in Section 2.2(b) of the Facility Site Lease.

Examples of Renewal Lease Term in a sentence

• All terms and conditions of this Agreement during the then Base Lease Term (or Renewal Lease Term, as the case may be) shall remain in full force and effect during any Operational Extension, unless Lessor and Lessee expressly agree otherwise in writing.

• The period of each extension is referred to as a "Renewal Lease Term".

• With the exception of a $1 Buyout Lease arrangement, or unless exercising the purchase option on an FMV Lease, Customer shall return the Products at the end of the initial lease term, or at the end of the Renewal Lease Term, or CFS may pick the Products up, without any further financial obligations to Customer.

• Upon the giving of such notice of exercise, this Lease Agreement shall automa tically be extended for a Renewal Lease Term and no further instrument of extension need be executed.

• Each Renewal Lease Term shall be upon the same covenants, agreements, provisions, terms and conditions as the Original Lease Term, including specifically the Lessee's obligations to make Rental Payments during each Renewal Lease Term in the amounts and at such times as prescribed by this Lease Agreement during the Original Lease Term, except that upon the expiration of the fifth Renewal Lease Term the Lessee shall have no further option to renew or extend the Lease Term.

More Definitions of Renewal Lease Term

Renewal Lease Term means, collectively, the Fixed Renewal Lease Terms and the Subsequent Renewal Lease Terms, in each case, if any.

Renewal Lease Term means the First Renewal Lease Term, the Second Renewal Lease Term or any FMV Renewal Lease Term.

Renewal Lease Term means, if applicable, any renewal of the Term pursuant to Clause 4.2 (Renewal Option) for a period of twelve (12), twenty-four (24) or thirty-six (36) months duration;

Renewal Lease Term means the period described in Section 3.2.

Renewal Lease Term means a period of no less than one month and no more than twelve months as specified in the Lease Amendment or Renewal and commencing on the expiry of the applicable Initial Lease Term; provided, however, that no Renewal Lease Term shall extend beyond the end of the Lease Commitment Period.

Renewal Lease Term means, if applicable, any renewal of the Term pursuant to Clause 4.2 (Renewal Option) for a period of [***] months duration;

Renewal Lease Term shall have the meaning set forth in Section 24.1.