Common use of Lease Year Clause in Contracts

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 19 contracts

Samples: Consent to Sublease (NovaCardia Inc), Lease Agreement (Orthologic Corp), Lease (Microvision Inc)

AutoNDA by SimpleDocs

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 10 contracts

Samples: Consent of Landlord to Sublease, Lease Agreement (Wageworks, Inc.), Lease Agreement (Focus Enhancements Inc)

Lease Year. As used in this Lease, the term "Lease Year" means each consecutive twelve-month (i) the first period beginning with of twelve (12) full calendar months following the Commencement DateDate (including, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from between the Commencement Date through and the final day of the twelve months after the next first day of the following month), (ii) each period of twelve (12) full calendar months thereafter, and each subsequent (iii) any remaining period at the end of the Lease Year shall be the Term of less than twelve months following the prior Lease Year(12) full calendar months.

Appears in 8 contracts

Samples: Standard Office Lease (NTN Buzztime Inc), Standard Industrial Net Lease (Genetronics Biomedical Corp), Standard Industrial Net Lease (Avanir Pharmaceuticals)

Lease Year. Lease Year" means each consecutive twelve-month ---------- ---------- period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 5 contracts

Samples: Lease (Pinkertons Inc), Lease (Watchguard Technologies Inc), Lease (Saflink Corp)

Lease Year. Each "Lease Year" means each shall be a period of twelve (12) consecutive twelve-month period calendar months, the first Lease Year beginning with on the Commencement Date, except that Date or on the first day of the calendar month next succeeding the Commencement Date if the Commencement Date is not on the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 4 contracts

Samples: Office Lease (Dimensional Visions Inc/ De), Office Lease (Dimensional Visions Inc/ De), Office Lease (Dimensional Visions Inc/ De)

Lease Year. The term "Lease Year" means each as used in this Lease shall mean a period of twelve (12) consecutive twelve-month period beginning with calendar months during the term of this Lease. The first Lease Year shall begin on the Commencement Date, except that Date if the Commencement Date is not occurs on the first day of a calendar month; if not, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after begin on the first day of the calendar month next following month, and each subsequent the Commencement Date. Each succeeding Lease Year shall be begin at the twelve months following expiration of the prior immediately preceding Lease Year.

Appears in 4 contracts

Samples: Lease Agreement (Qcomm International Inc), Lease Agreement (Idi Global Inc), Lease Agreement (Q Comm International Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve (12) months after the first day of the following month, and each subsequent Lease Year shall be the twelve (12) months following the prior Lease Year.

Appears in 4 contracts

Samples: Lease Agreement (Everbridge, Inc.), Sublease Agreement (Juno Therapeutics, Inc.), Sublease Agreement (Juno Therapeutics, Inc.)

Lease Year. Lease Year" means each ---------- ---------- consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 2 contracts

Samples: Lease (Wavesplitter Technologies Inc), Lease (Wavesplitter Technologies Inc)

Lease Year. The term "Lease Year" means each a period of twelve (12) consecutive twelve-month period beginning with full calendar months. The first Lease Year will begin on the Commencement Date, except that Date if the Commencement Date is not occurs on the first day of a calendar month; if not, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after will commence on the first day of the calendar month next following month, and each subsequent the Commencement Date. Each succeeding Lease Year shall be will commence upon the twelve months following anniversary of the prior first Lease Year.

Appears in 2 contracts

Samples: Restaurant Lease (Il Fornaio America Corp), Restaurant Lease (Il Fornaio America Corp)

Lease Year. Lease Year" means each or "lease year" shall mean a consecutive twelve-twelve (12) month period beginning with during the Commencement Date, except that if Lease Term commencing on the Commencement Date is not provided that the Lease Year may be adjusted by Landlord to commence on the first day of a calendar month, then the first Lease Year shall be the period from month after the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease YearDate.

Appears in 2 contracts

Samples: Lease Agreement (Viasat Inc), Lease Agreement (Inland Casino Corp)

Lease Year. The term "Lease Year" means shall mean each successive period of twelve (12) consecutive twelve-month period beginning with calendar months, commencing on the Rent Commencement Date, except ; provided that if the Rent Commencement Date is not other than the first day of a calendar month, then the first Lease Year shall be include the period from initial partial calendar month in which the Rent Commencement Date through falls and the final day of the next twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year(12) calendar months.

Appears in 2 contracts

Samples: Lease (Asbury Automotive Group Inc), Lease Agreement (Asbury Automotive Group Inc)

Lease Year. A Lease Year" means Year shall be each consecutive twelve-twelve (12) month period beginning with on the Commencement Date; provided. however, except that if the Commencement Date is not the first day of a calendar the month, then the first Lease Year shall be the period from commence on the Commencement Date through and end on the final last day of the twelve months after 12th calendar month thereafter and the second and each succeeding Lease Year shall commence on anniversaries of the first day of the following month, and each subsequent Lease Year shall be the twelve months calendar month immediately following the prior Lease Yearcalendar month in which the Commencement Date occurs.

Appears in 2 contracts

Samples: Office Lease (New Relic Inc), Office Lease (New Relic Inc)

Lease Year. As used in this Lease, a "Lease Year" means each consecutive twelve-shall initially mean the twelve (12) month period beginning with commencing on the Commencement Date and ending on the first anniversary thereof. The term "Lease Year" will thereafter mean the successive twelve (12) month periods ending on the anniversary of the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 2 contracts

Samples: Pipeline Lease Agreement (Holly Energy Partners Lp), Pipeline Lease Agreement (Holly Energy Partners Lp)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Phase 1 Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 2 contracts

Samples: Lease Agreement (Corillian Corp), Lease Agreement (Corillian Corp)

Lease Year. Lease Year" means each consecutive twelve-twelve month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after calendar month during which the first day anniversary of the following monthCommencement Date occurs, and each subsequent Lease Year Years shall be each succeeding twelve month period during the twelve months Term following the prior first Lease Year.

Appears in 2 contracts

Samples: Lease (Trimble Navigation LTD /Ca/), Lease Agreement (Trimble Navigation LTD /Ca/)

Lease Year. For purposes of this Lease, the term "Lease Year" means shall mean a period of twelve (12) consecutive months, commencing on the Rent Commencement Date and each consecutive twelve-successive twelve (12) month period beginning with the Commencement Dateperiod, except that if the Rent Commencement Date is not shall occur on a date other than the first day of a calendar month, then the first Lease Year shall be include the period from of the Rent Commencement Date through the final day of the twelve months after to the first day of the following month, month and each subsequent Lease Year shall be the twelve (12) calendar months following the prior Lease Yearthereafter.

Appears in 2 contracts

Samples: Office Lease (Tufin Software Technologies Ltd.), Office Lease (Tufin Software Technologies Ltd.)

Lease Year. Lease Year" means each consecutive ” shall mean the twelve-month period beginning with on the Commencement Date, except that if . If the Commencement Date is not any day other than the first day of a calendar the month, then the first Lease Year shall be include the period from partial month in which the Commencement Date through Monthly Base Rent commences and the final day of the next consecutive twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Yearmonths.

Appears in 2 contracts

Samples: Commercial Lease, Commercial Lease

Lease Year. Lease Year" means each consecutive twelve-The twelve month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after on the first day of the following month, and each subsequent first full month on or after the Commencement Date (“Lease Year shall be 1”) or any twelve month period beginning on an anniversary date of the twelve months following the prior Lease YearCommencement Date.

Appears in 2 contracts

Samples: Lease Agreement (Chimerix Inc), Lease Agreement (Chimerix Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be mean the period from the Commencement Date through the final day of the twelve (12) consecutive months after commencing on the first day of the month following the Commencement Date (if the Commencement Date shall be a day other than the first day of the month, ) and each subsequent Lease Year shall be succeeding year during the twelve months following the prior Lease Yearterm.

Appears in 2 contracts

Samples: Sublease Agreement (Evenflo & Spalding Holdings Corp), Ground Lease and Security Agreement (Evenflo & Spalding Holdings Corp)

Lease Year. For purposes hereof, "Lease Year" means each consecutive twelve-a 12 month period beginning with the first month of which commences on (a) the Commencement Date, except that Date if the Commencement Date is the first day of a month or (b) the first day of the month immediately following the Commencement Date if the Commencement Date is not the first day of a calendar month. At any time after the Commencement Date, then at the first request of either party, both parties shall execute a supplemental agreement to this Lease Year shall be the period from stating the Commencement Date through and the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease YearExpiration Date.

Appears in 1 contract

Samples: Lease Agreement (D & K Healthcare Resources Inc)

Lease Year. Lease Year" means shall mean each consecutive twelve-month twelve (12) months' period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after commencing on the first day of the following monthmonth closest to the Commencement Date, and each subsequent Lease Year shall be or if applicable, the twelve months following the prior Lease YearAlternative Commencement Date.

Appears in 1 contract

Samples: Commercial Lease (Tekgraf Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Rent Commencement Date, except that if Date (with the period between the Commencement Date is not and the first day Rent Commencement Date deemed to be part of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year).

Appears in 1 contract

Samples: Lease Agreement (Metabasis Therapeutics Inc)

Lease Year. Lease Year" means each or "lease year" shall mean a consecutive twelve-twelve (12) month period beginning with during the Lease Term commencing on the Commencement Date, except ; provided that if the Commencement Date is not Lease Year may be adjusted by Landlord to commence on the first day of a calendar month, then the first Lease Year shall be the period from month after the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease YearDate.

Appears in 1 contract

Samples: Lease Agreement (Rubios Restaurants Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement DateDate for Phase 1 of the Premises, except that if the Commencement Date for Phase 1 of the Premises is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date for Phase 1 of the Premises through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Edutrek Int Inc)

Lease Year. the twelve (12) month period commencing (i) as to the first Lease Year" means each consecutive twelve-month period beginning with , on the Commencement Date, except that if date which is the Commencement Date if same is not the first (1st) day of a calendar month or the first (1st) day of the next full calendar month after the Commencement Date if same does not occur on the first (1st) day of a calendar month, then and (ii) as to subsequent Lease Years, on the annual anniversary date of the beginning of the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Industrial Building Lease (Akorn Inc)

Lease Year. Lease Year" means each consecutive twelve-twelve month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after calendar month during which the first day anniversary of the following monthCommencement Date occurs, and each subsequent Lease Year Years shall be each succeeding twelve month period during the twelve months Term following the prior first Lease Year.

Appears in 1 contract

Samples: Lease (Nextg Networks Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first fist day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease (Deltagen Inc)

Lease Year. The term "Lease Year" means each and every consecutive twelve-twelve (12) month period beginning during the Term of this Lease, with the first such twelve (12) month period commencing on the Rent Commencement Date; provided, except that however, if the Commencement Date is not occurs on a day other than on the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after that partial month plus the first day of the following month, and each subsequent full twelve (12) months thereafter. Each succeeding Lease Year shall be begin on the twelve months following anniversary of the prior first Lease Year.

Appears in 1 contract

Samples: Lease Agreement

Lease Year. Lease Year" means each a period of twelve consecutive twelve-month period beginning with calendar months. The first Lease Year shall commence on the Commencement DateDate (or, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following calendar month, ) and each subsequent succeeding Lease Year shall commence on the anniversary date of the first Lease Year. Any reference in this Lease to a Lease Year which is not a full twelve (12) months shall, unless the context clearly indicates otherwise, be the twelve months following the prior deemed a "Partial Lease Year."

Appears in 1 contract

Samples: Commercial Lease (Suntek Corp)

AutoNDA by SimpleDocs

Lease Year. The term “Lease Year" means each consecutive twelve-twelve (12) month period beginning with during the Lease Term, commencing on the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after calendar month during which the first day anniversary of the following monthCommencement Date occurs, and each subsequent Lease Year Years shall be each succeeding twelve (12) month period during the twelve months Lease Term following the prior first Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Harmonic Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after which begin on the first day of the first full month following monththe Commencement Date, and each subsequent Lease Year shall be the twelve months following the prior first Lease Year.

Appears in 1 contract

Samples: Office Lease Agreement (Ilex Oncology Inc)

Lease Year. Lease Year" means each consecutive twelve-the twelve (12) month period beginning with the Commencement Date, except that if on the Commencement Date is not and terminating on the first same day of a calendar monththe succeeding year, then and on the first Lease Year shall be same day of each year thereafter during the Term. The period from of time, if any, between the Commencement Date through the final day of the twelve months after and the first day of the month immediately following month, and each subsequent Lease Year the Commencement Date shall be considered to be a part of the twelve months following the prior first Lease Year.

Appears in 1 contract

Samples: Ground Sublease

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease (Success Bancshares Inc)

Lease Year. Lease Year" means each shall mean a period of twelve (12) consecutive twelve-month period beginning with months commencing on the Lease Commencement Date, except and each successive twelve (12) month period thereafter; provided, however, that if the Lease Commencement Date is not the first day of a calendar month, then the first second Lease Year shall be the period from the Commencement Date through the final day of the twelve months after commence on the first day of the following month, and each subsequent month in which the first anniversary of the Lease Year shall be the twelve months following the prior Lease YearCommencement Date occurs.

Appears in 1 contract

Samples: Lease Agreement (Lithia Motors Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement DateDare, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Sublease (Vitria Technology Inc)

Lease Year. Lease Year" means each consecutive twelve-twelve (12) month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve (12) months after the first day of the following month, and each subsequent Lease Year shall be the twelve (12) months following the prior Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Cra International, Inc.)

Lease Year. For purposes of this Lease, the term "Lease Year" means shall mean each consecutive twelve-month period beginning with the Commencement Dateof twelve (12) calendar months, except that if the Commencement Date is not commencing on the first day of a the calendar monthmonth immediately following the month in which the Lease Commencement Date occurs and each anniversary of such day, then except that the first Lease Year ("First Lease Year") shall be also include the period from the Lease Commencement Date through the final day of the twelve months after until the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Office Space Lease Agreement (Preferred Employers Holdings Inc)

Lease Year. For purposes of this Lease, the term “Lease Year" means ” shall mean each consecutive twelve-12- month period beginning with the Commencement Date, except that if commencing on the Commencement Date is and each anniversary thereof. If the Commencement Date does not fall on the first day of a calendar month, then the first Lease Year shall be consist of the period from partial month in which the Commencement Date through the final day of occurs and the twelve (12) consecutive months after the first day of the immediately following said partial month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Worldgate Communications Inc)

Lease Year. A Lease Year" means Year shall be each consecutive twelve-twelve (12) month period beginning with on the Commencement Date; provided, except that however, if the Commencement Date is not the first day of a calendar the month, then the first Lease Year shall be the period from commence on the Commencement Date through and end on the final last day of the twelve months after twelfth (12th) full calendar month thereafter and the second and each succeeding Lease Year shall commence on the first day of the following next calendar month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Jacada LTD)

Lease Year. Lease Year" means each consecutive twelve-twelve- ---------- ---------- month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease (Navisite Inc)

Lease Year. Lease Year" means each consecutive twelve-The twelve month period beginning with on the first day of the ---------- first month following the Commencement Date, except that if Date (unless the Commencement Date is not the first day of a calendar month, then month in which case it is the first Lease Year shall be the 12 month period from beginning on the Commencement Date through the final day of the twelve months after the first day of the following monthDate), and each subsequent Lease Year shall be twelve month, or shorter, period until the twelve months following the prior Lease YearExpiration Date.

Appears in 1 contract

Samples: Office Lease (Northern Trust Corp)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement DateDate for the Phase A Premises, except that if the Commencement Date for the Phase A Premises is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date for the Phase A Premises through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease (Zland Com Inc)

Lease Year. As used herein, the term Lease Year" means Year shall mean each successive period of twelve (12) consecutive twelve-calendar months, commencing on the first day of the month period beginning with following the month in which the Commencement Date, except that if Date falls. If the Commencement Date is not other than the first day of a calendar month, then the first Lease Year shall be include the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be month as well as the twelve (12) consecutive calendar months following the prior Lease Yearthereafter.

Appears in 1 contract

Samples: Lease Agreement (Osteotech Inc)

Lease Year. Lease Year" means each consecutive twelve-month A period beginning with of 12 calendar months commencing on the Commencement DateDate or on any anniversary thereof; provided, except however, that if the Commencement Date is not the first day of a calendar month, then “Lease Year” shall mean a period of 12 calendar months commencing on the first day of the first calendar month after the Commencement Date or any anniversary thereof and in such case, the first Lease Year shall be also include the period from the Commencement Date through the final last day of the twelve months after calendar month in which the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease YearCommencement Date occurs.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

Lease Year. A Lease Year" means Year shall be each consecutive twelve-twelve (12) month period beginning with on the Commencement Date; provided, except that however, if the Commencement Date is not the first day of a calendar the month, then the first Lease Year shall be the period from commence on the Commencement Date through and end on the final last day of the twelve months after twelfth (12th) month thereafter and the second and each succeeding Lease Year shall commence on the first day of the following next calendar month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Sideware Systems Inc)

Lease Year. Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the month following monththe month in which the Commencement Date occurs, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Appears in 1 contract

Samples: Lease Agreement (Icos Corp / De)

Lease Year. Lease Year" means each Each consecutive twelve-12 month period beginning with during the Lease Term, commencing on the Commencement Date; provided, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be is the period from beginning on the Commencement Date through and ending on the final last day of the twelve months after calendar month during which the first day anniversary of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease YearCommencement Date occurs.

Appears in 1 contract

Samples: Lease Agreement (Andina II Holdco Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!