Common use of Lease Year Clause in Contracts

Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (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 (Jmar Technologies Inc)

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Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar months.

Appears in 6 contracts

Samples: Sublease Agreement (Locust Walk Acquisition Corp.), Office Lease (Evoke Pharma Inc), Standard Industrial Lease (Brooks Automation Inc)

Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period peeled at the end of the Lease Term of less than twelve (12) full calendar months.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Sophiris Bio Inc.), Lease Agreement (Sophiris Bio Inc.)

Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar months.

Appears in 2 contracts

Samples: Standard Industrial Gross Lease (Scripps Financial Corp), Standard Industrial Gross Lease (Inland Entertainment Corp)

Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not rot the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar months.

Appears in 2 contracts

Samples: Standard Industrial Net Lease (Mabvax Therapeutics Holdings, Inc.), Standard Industrial Net Lease (Mabvax Therapeutics Holdings, Inc.)

Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not the first day of a the calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of or less than twelve (12) full calendar months.

Appears in 1 contract

Samples: Standard Industrial Net Lease (Mitokor)

Lease Year. As used in this Lease, the term "Lease Year" means (i) shall mean the first period of consecutive twelve (12) full calendar months following the Commencement Date month period beginning (including, if the Commencement Date is not i) on the first day of a the calendar monthmonth next succeeding the Commencement Date, unless the period Commencement Date falls on the first day of the calendar month (but if not, then including in the first Lease Year the period, if any, between the said Commencement Date and the next first day of the next succeeding calendar month), and (ii) if this Lease is extended as herein provided, on the first day of each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar monthsExtended Term.

Appears in 1 contract

Samples: Ground Lease Agreement (South Alabama Bancorporation Inc /De/)

Lease Year. As used in this Lease, the Me term "Lease Year" ' means (i) the first a period of twelve (12) full consecutive calendar months following months. The first Lease Year shall begin on the Commencement Date (including, if the Commencement Date that date is not the first day of a calendar month, and, if not, then on the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at month following the end of the Lease Term of less than twelve (12) full calendar monthsCommencement Date.

Appears in 1 contract

Samples: Lease Agreement (DCH Technology Inc)

Lease Year. As used in this Lease, the The term "Lease Year" means (i) ” shall mean the first period of twelve (12) full calendar months following after the Commencement Date (including, if as defined in Section 3.1) and each subsequent twelve (12) month period thereafter during the term and any extensions. If the Commencement Date is not other than the first day of a the calendar month, then the period between first Lease Year also will include the partial calendar month in which the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar monthsoccurs.

Appears in 1 contract

Samples: Master Lease Agreement (iMedia Brands, Inc.)

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Lease Year. As used in this Lease, the term "Lease Year" means (i) the first period of twelve (12) full calendar months following the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iiiand(iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar months.

Appears in 1 contract

Samples: Standard Industrial Gross Lease (Sequenom Inc)

Lease Year. As used in this Lease, the The term "Lease Year" means (i) shall mean the first period of twelve (12) full calendar months following after the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Effective Date and the next first day of the month), (ii) each period of subsequent twelve (12) full calendar months thereafter, month period thereafter during the term and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar monthsextensions.

Appears in 1 contract

Samples: Lease Agreement (Sports Club Co Inc)

Lease Year. As used in For purposes of this Lease, the term "Lease Year" means (i) the first shall mean each consecutive period of twelve (12) full calendar months following the Commencement Date (includingmonths, if the Commencement Date is not commencing on the first day of a the calendar month, month in which the period between the Lease Commencement Date occurs and the next first day each anniversary of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar monthssuch day.

Appears in 1 contract

Samples: Office Space Lease Agreement (Sunglass Hut International Inc)

Lease Year. As “Lease Year” as used in this Lease, Lease means the term "Lease Year" means (i) the first period of twelve (12) full calendar months following from the Commencement Date (including, if the Commencement Date is not the first day of a calendar month, the period between the Commencement Date and the next first day of the month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at to the end of the Lease Term of less than twelve (12) twelfth full calendar monthsmonth thereafter and each and every twelve-month period thereafter during said term.

Appears in 1 contract

Samples: Lease (First Bankshares, Inc.)

Lease Year. As used in this Lease, the The term "Lease Year" means (i) shall mean the first period of twelve (12) full calendar months following after the Commencement Date (includingas defined in Section 3) and each subsequent twelve (12) month period thereafter commencing on the anniversary date thereof during the term and any extensions. Provided however, if the Commencement Date is not a day other than the first day of a calendar month, the first Lease Year shall include that period between of time from the Commencement Date and to the next first day of the next calendar month), (ii) each period of twelve (12) full calendar months thereafter, and (iii) any remaining period at the end of the Lease Term of less than twelve (12) full calendar months.

Appears in 1 contract

Samples: Lease Agreement (Solo Serve Corp)

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