Common use of Basic Lease Term Clause in Contracts

Basic Lease Term. The basic lease term of this Facility Lease for the Facility (the "Basic Lease Term") shall commence on the Closing Date and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8, 2035, subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to Section 10 or 14 hereof.

Appears in 2 contracts

Samples: Participation Agreement (Dynegy Danskammer LLC), Facility Lease Agreement (Dynegy Danskammer LLC)

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Basic Lease Term. The basic lease term of this the Facility Lease for the Facility (the "Basic Lease Term") shall commence on the Closing Date May 8, 2001 and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8, 2035, subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to Section 10 or 14 hereof.

Appears in 1 contract

Samples: Participation Agreement (Dynegy Danskammer LLC)

Basic Lease Term. The basic lease term of this Facility Lease for the Facility Undivided Interest (the "Basic Lease Term") shall commence on the Closing Date October 21, 2000 and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8July 20, 20352036, subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit Interest pursuant to Section 10 or 14 hereof.

Appears in 1 contract

Samples: Facility Lease Agreement (PPL Montana LLC)

Basic Lease Term. The basic lease term of this Facility Lease for the Facility Interest (the "Basic Lease Term") shall commence on the Closing Date and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8May 24, 20352034 (the "Lease Expiration Date"), subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to Section 10 or 14 hereof17. Keystone Facility Lease 4 HOUOL587609.2.

Appears in 1 contract

Samples: Facility Lease Agreement (GenOn Energy, Inc.)

Basic Lease Term. The basic lease term of this Facility Lease for the Facility Interest (the "Basic Lease Term") shall commence on the Closing Date and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8May 24, 20352034 (the "Lease Expiration Date"), subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to Section 10 or 14 hereof17.

Appears in 1 contract

Samples: Facility Lease Agreement (Reliant Energy Mid Atlantic Power Services Inc)

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Basic Lease Term. The basic lease term of this Facility Lease for the Facility Undivided Interest (the "Basic Lease Term") shall commence on the Closing Date October 21, 2000 and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8July 20, 20352036, subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to Section 10 or 14 hereof.

Appears in 1 contract

Samples: Facility Lease Agreement (PPL Montana LLC)

Basic Lease Term. The basic lease term of this Facility Lease for the Facility Interest (the "Basic Lease Term") shall commence on the Closing Date and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8May 24, 20352034 (the "Lease Expiration Date"), subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to 17. Section 10 or 14 hereof.3.3

Appears in 1 contract

Samples: Facility Lease Agreement (GenOn Energy, Inc.)

Basic Lease Term. The basic lease term of this Facility Lease for the Facility (the "Basic Lease Term") shall commence on the Closing Date and ---------------- shall terminate at 11:59 p.m. (New York City time) on February 8May 25, 20352040 (the "Expiration Date"), subject to earlier termination in whole pursuant to Section 10, 13, 14 or 17 hereof or with respect to either Unit pursuant to Section 10 or 14 hereof.

Appears in 1 contract

Samples: Facility Lease Agreement (Keyspan Corp)

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