Common use of Definition of Lease Year Clause in Contracts

Definition of Lease Year. The term “Lease Year” shall mean a period of twelve (12) full consecutive calendar months. The first Lease year shall commence as of the Commencement Date. Each subsequent Lease Year shall commence on the anniversary of the commencement date of the first Lease Year.

Appears in 2 contracts

Samples: Lease (Southwest Casino Corp), Lease (Southwest Casino Corp)

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Definition of Lease Year. The term “Lease Year” shall mean means a period of twelve (12) full consecutive calendar months. The first Lease year shall commence as of Year commences on the Commencement Date. Each subsequent Lease Year shall Extension Term will commence on the anniversary of the commencement date of the first Lease Year.

Appears in 2 contracts

Samples: Lease (Southwest Casino Corp), Lease (Southwest Casino Corp)

Definition of Lease Year. The term “Lease Year” "lease year" as used in this lease shall mean a period of refer to each twelve (12) full month period starting on June 1, 1999, and each consecutive calendar months. The first Lease year shall commence as of the Commencement Date. Each subsequent Lease Year shall commence on the anniversary of the commencement such date of the first Lease Yearthereafter.

Appears in 1 contract

Samples: Office Lease (Associated Golf Management Inc)

Definition of Lease Year. The term “Lease Year” shall mean a period of twelve (12) full consecutive calendar months. The first Lease year shall commence correspondence as of the Commencement Date. Each subsequent Lease Year shall commence on the anniversary of the commencement date of the first Lease Year.

Appears in 1 contract

Samples: Lease (Southwest Casino Corp)

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Definition of Lease Year. The term “A Lease Year” shall mean Year is defined as a period of twelve (12) full consecutive calendar months. The months with the first Lease year shall Year to commence as on the first of the month following the Commencement Date. Each , and each subsequent Lease Year shall commence on the anniversary of the commencement date of the first Lease Yearsequential twelve (12) full calendar month thereafter.

Appears in 1 contract

Samples: Lease Agreement (Chicago Pizza & Brewery Inc)

Definition of Lease Year. The As used herein, the term "Lease Year” Year " shall mean a period of twelve (12) full 12 consecutive calendar months. The , commencing on the first Lease day of January of each year shall commence as and ending on the last day of December of such year, provided that the Commencement Date. Each subsequent first Lease Year shall commence on the anniversary Commencement Date and end on the last day of December of the commencement date of year in which the first Commencement Date occurs and the last Lease YearYear shall end on the Termination Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Restaurant Teams International Inc)

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