Common use of Lease Year Defined Clause in Contracts

Lease Year Defined. As used in this Lease, “Lease Year” means the period of twelve (12) consecutive calendar months commencing on the Commencement Date and ending on the day before the date that is one (1) year from the Commencement Date, and each corresponding twelve (12) month period thereafter throughout the balance of the Term.

Appears in 1 contract

Samples: Lease Agreement (Keystone Automotive Operations Inc)

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Lease Year Defined. As used in this Lease, “Lease Year," as used herein, means (a) if the Commencement Date occurs on a day other than the first day of a calendar month, a period of twelve (12) consecutive calendar months during the Lease Term commencing on the Commencement Date and ending on first day of the day before the date that is one (1) year from first calendar month following the Commencement Date, and each corresponding or (b) if the Commencement Date occurs on the first day of a calendar month, a period of twelve (12) month period thereafter throughout consecutive months during the balance of the Term.Lease Term commencing on such date. 2.5

Appears in 1 contract

Samples: Lease Agreement (Karting International Inc)

Lease Year Defined. As used in this Lease, “Lease Year" as used herein, means the a period of twelve (12) twelve consecutive months during the Lease Term commencing on February 1 of any calendar months year, the first Lease Year commencing on the Commencement Date and ending first day of the first February occurring on the day before the date that is one (1) year from or after the Commencement Date, and each corresponding twelve (12) month period thereafter throughout the balance . "Partial Lease Year" means that portion of the TermLease Term prior to the first Lease Year.

Appears in 1 contract

Samples: Lease (Success Bancshares Inc)

Lease Year Defined. As The term "lease year" as used in this Lease, “Lease Year” means the herein shall mean a period of twelve (12) consecutive full calendar months commencing months. The first lease year shall begin on the Commencement Date and ending on hereof. Each succeeding lease year shall commence upon the day before the anniversary date that is one (1) year from the Commencement Date, and each corresponding twelve (12) month period thereafter throughout the balance of the Termfirst lease year.

Appears in 1 contract

Samples: Lease Agreement (Harolds Stores Inc)

Lease Year Defined. As The term “lease year” as used in this Lease, “Lease Year” means the herein shall mean a period of twelve (12) consecutive full calendar months commencing months. The first lease year shall begin on the Commencement Date and ending on the day before the date that is one (1) year from the “Lease Commencement Date, and each corresponding twelve (12) month period thereafter throughout ”. Each succeeding lease year shall commence upon the balance anniversary date of the Termfirst lease year.

Appears in 1 contract

Samples: Lease Agreement (Medical Solutions Management Inc.)

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Lease Year Defined. As used in this Lease, “The term "Lease Year” means the ", as used herein, shall mean a period of twelve (12) consecutive full calendar months during the Lease Term commencing on a yearly anniversary date of the first Lease Year, the first Lease Year commencing on the Commencement Date and ending on the first day before the date that is one (1) year from the Commencement Date, and each corresponding twelve (12) month period thereafter throughout the balance of the Termcalendar month in which the commencement of the term occurs.

Appears in 1 contract

Samples: Lease Agreement (First Shares Bancorp Inc)

Lease Year Defined. As used in this Lease, “The term "Lease Year” means the " as used herein shall mean a period of twelve (12) consecutive full calendar months commencing months. The first Lease Year shall begin on the Term Commencement Date and ending if the Term Commencement Date shall occur on the first day before of a calendar month; if not, then the date that is one (1) year from first Lease Year shall commence upon the first day of the calendar month next following the Term Commencement Date, and each corresponding twelve (12) month period thereafter throughout . Each succeeding Lease Year shall commence upon the balance anniversary date of the Termfirst Lease Year.

Appears in 1 contract

Samples: Assignment and Assumption of Lease (West Bancorporation Inc)

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