Common use of Definition of Lease Year Clause in Contracts

Definition of Lease Year. The term “Lease Year” means a period of twelve (12) full consecutive calendar months. The first Lease Year commences on the Commencement Date. Each 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)

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

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

Appears in 1 contract

Samples: Chicago Pizza & Brewery Inc

Definition of Lease Year. The term “Lease Year” means a period shall mean, in the case of the first Lease Year, the twelve (12) full consecutive calendar months. The first Lease Year commences on months plus the partial month, if any, following the Commencement Date. Each Extension Term will commence on Thereafter, “Lease Year” shall mean each successive twelve calendar month period following the anniversary of the commencement date expiration of the first Lease Year, except that in the event of the termination of this Lease on any day other than the last day of a Lease Year, then the last Lease Year shall be the period from the end of the preceding Lease Year to such date of termination.

Appears in 1 contract

Samples: Lease Agreement

Definition of Lease Year. The term “Lease Year” means shall mean a period of twelve (12) full consecutive calendar months. The first Lease Year commences on year shall correspondence as of the Commencement Date. Each Extension Term will 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” means Year is a period of twelve (12) full consecutive calendar months. The year; however, the first Lease Year commences on the Commencement Date. Each Extension Term will shall commence on the anniversary date the term of the commencement date of the first this Lease Yearcommences and shall terminate December 31, 2004, and all subsequent Lease Years shall begin on January lst.

Appears in 1 contract

Samples: employeehousing.ucsc.edu

Definition of Lease Year. The As used herein, the term "Lease Year” means Year " shall mean a period of twelve (12) full 12 consecutive calendar months. The , commencing on the first day of January of each year and ending on the last day of December of such year, provided that the first Lease Year commences shall commence on the Commencement Date. Each Extension Term will commence Date and end on the anniversary 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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