Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean (a) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (b) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12th) full calendar month of the Term, and in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 5 contracts
Samples: Master Lease Agreement (Spirit MTA REIT), Master Lease Agreement (Spirit Realty Capital, Inc.), Lease Agreement (Spirit Finance Corp)
Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean (ai) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (bii) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12thl2th) full calendar month of the Term, and and, in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 3 contracts
Samples: Office Lease (ElectroCore, LLC), Office Lease (ElectroCore, LLC), Office Lease (Regado Biosciences Inc)
Lease Year Defined. As used in this Lease, the term “"Lease Year” " shall mean (ai) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (bii) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12th) full calendar month of the Term, and in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 2 contracts
Samples: Lease (Autocam International LTD), Lease (Autocam International LTD)
Lease Year Defined. As used in this Lease, the term “"Lease Year” " shall mean (ai) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (bii) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12thl2th) full calendar month of the Term, and and, in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 1 contract
Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean (a) if the Commencement Date is the first (1st) day of a calendar month, the twelve (1212th) month period commencing on the Commencement Date or (b) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12th12) full calendar month of the Term, and in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 1 contract
Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean (ai) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (bii) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the succeeding twelfth (12th) full calendar month of the Term, and and, in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 1 contract
Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean (a) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (b) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12th12th ) full calendar month of the Term, and in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 1 contract
Samples: Master Lease (Spirit Finance Corp)
Lease Year Defined. As used in this Lease, the term “Lease YearYear ” shall mean (a) if the Commencement Date is the first (1st) day of a calendar month, the twelve (1212th) month period commencing on the Commencement Date or (b) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12th12) full calendar month of the Term, and in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
Appears in 1 contract
Samples: Master Lease (Spirit MTA REIT)