Lease Term; Early Termination. Termination of Leasing Record 7
Lease Term; Early Termination. The Lease Term and Monthly Rent, each of which are specified in this Agreement, shall commence on the date the Equipment is delivered to the Site ("the Start Rent Date"), unless a different date is mutually agreed upon i n writing, and shall continue thereafter for the number of months specified in this Agreement as the Lease Term. Xxxxxx agrees to pay the Total Monthly Charges specified in this Agreement (as may be adjusted pursuant to Section 5 below) for each month during the Lease Term and any extensions thereof. A month is defined as thirty (30) calendar days; rent will be billed monthly unless otherwise specified in this Agreement (but rent shall be due and owing even in the absence of actual receipt by Xxxxxx of an invoice or bill). In the event that Lessee terminates this Agreement prior to the expiration of the Lease Term, Lessor shall be entitled to charge an early termination fee, even if such termination occurs prior to delivery of the Equipment. Such fee shall be determined by Lessor, in its sole discretion, following the receipt of the termination request. Such early termination fee may include, but shall not be limited to, charges related to the preparation of the Equipment for delivery and/or the rental value of this Agreement. In no event shall any such early termination fee exceed the total value of this Agreement. Lessor shall not be liable to Lessee for any failure or delay in obtaining, delivering or setting up the Equipment. If Lessee delays delivery of the Equipment for any reason for thirty (30) days or longer from the original delivery date mutually agreed upon between both parties, Lessor may, in Xxxxxx's sole discretion, charge Lessee a monthly storage fee equal to the Monthly Rent starting on the original delivery date, and/or terminate this Agreement, subject to the early termination provisions set forth above.
Lease Term; Early Termination. The term of this Lease is one (1) year and zero months (the “Lease Term”) and commences as specified in Section 1.2 above (the “Lease Commencement Date”) and, unless sooner terminated or extended as hereinafter provided, shall expire at midnight on the Thirty-First (31st) day of January, 2009 (the “Lease Expiration Date”).
Lease Term; Early Termination. Termination of Leasing Record 7 Payment of Rent; Payments with Respect to the Lessor's Financing Costs . . . . . . . . . . . . . . . . . . . . . 9
Lease Term; Early Termination. The Lease Term shall commence on the Term Commencement Date and shall expire on the Lease Expiration Date. Notwithstanding the foregoing, the Lease Term shall expire earlier than the Lease Expiration Date upon the first to occur of the following ("Early Termination"):
Lease Term; Early Termination. (a) This Lease will consist of a Development and Construction Period, an Operations Period, and a Decommissioning Period.
