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Common use of Lease Year Clause in Contracts

Lease Year. “Lease Year” shall mean that period of twelve (12) consecutive months which ends on December 31st of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean that period from the Lease Commencement Date until the December 31st first occurring after the lease Commencement Date and the last Lease Year (which may be a partial Lease Year) shall mean that period from the January 1st last occurring during the Term of this Lease until Termination Date.

Appears in 3 contracts

Samples: Office Lease Agreement (Federal Home Loan Bank of Seattle), Office Lease Agreement (Federal Home Loan Bank of Seattle), Office Lease Agreement (Federal Home Loan Bank of Seattle)

Lease Year. As used herein, “Lease Year” shall mean that period of each twelve (12) consecutive months which ends month period commencing on December 31st January 1 of each calendar year and which falls within during the Term and continuing through December 31 of this Leasethat calendar year; provided, however, in the event the Term commences on a date other than January 1, the first Lease Year (which may shall be a partial that shorter period commencing on the first day of the Term and continuing through the next occurring December 31; provided further, however, the final Lease Year) Year shall mean be that period from the Lease Commencement Date until the December 31st first occurring after the lease Commencement Date and commencing on the last Lease Year (which may be a partial Lease Year) shall mean that period from the occurring January 1st last occurring 1 during the Term of this Lease until Termination and continuing through the Expiration Date.

Appears in 2 contracts

Samples: Ground Lease (MTR Gaming Group Inc), Ground Lease (MTR Gaming Group Inc)

Lease Year. The term “Lease Year” shall mean that each period of twelve (12) or less consecutive months which ends on December 31st 31 of each calendar year during the Lease term or any Extended Term, and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean that period from the last December 31 during the Lease Commencement Date until the December 31st first occurring after the lease Commencement Date term or any Extended Term to and including the last day of the Lease Year (which term or any Extended Term during the next calendar year. The first and last Lease Years may be a partial Lease Yearless than twelve (12) shall mean that period from the January 1st last occurring during the Term of this Lease until Termination Datemonths.

Appears in 2 contracts

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

Lease Year. The Term "Lease Year" shall mean, in the case of the first Lease Year, that period from the Rental Commencement Date to the first succeeding December 31; thereafter, "Lease Year" shall mean that period of each successive twelve (12) consecutive months which ends on December 31st calendar month period following the expiration of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean , in each case commencing on January 1 and ending the next succeeding December 31, except that period from in the Lease Commencement Date until event of the termination of this lease on any day other than December 31st first occurring after the lease Commencement Date and 31, then the last Lease Year (which may shall be a partial Lease Year) shall mean that the period from the January 1st last occurring during end of the Term preceding Lease Year to such date of this Lease until Termination Datetermination.

Appears in 2 contracts

Samples: Lease Agreement (Megamedia Networks Inc), Lease Agreement (Megamedia Networks Inc)

Lease Year. “Lease Year” shall mean that period of twelve (12) consecutive months which ends on December 31st 31 of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean that period from the Lease Commencement Date until the December 31st 31 first occurring after the lease Lease Commencement Date and the last Lease Year (which may be a partial Lease Year) shall mean that period from the January 1st last occurring during the Term of this Lease until the Termination Date.

Appears in 2 contracts

Samples: Office Lease Agreement (NanoString Technologies Inc), Office Lease Agreement (Omeros Corp)

Lease Year. The Term “Lease Year” shall mean, in the case of the first Lease year, that period from the Rental Commencement Date to the first succeeding December 31; thereafter, “Lease Year” shall mean that period of each successive twelve (12) consecutive months which ends on December 31st calendar month period following the expiration of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean , in each case commencing on January 1 and ending the next succeeding December 31, except that period from in the Lease Commencement Date until event of the termination of this lease on any day other than December 31st first occurring after the lease Commencement Date and 31, then the last Lease Year (which may shall be a partial Lease Year) shall mean that the period from the January 1st last occurring during end of the Term preceding Lease Year to such date of this Lease until Termination Datetermination.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (First State Financial Corp/Fl)

Lease Year. Lease Year" shall mean that period of twelve (12) consecutive months which ends on December 31st of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean that period from the Lease Commencement Date until the December 31st first occurring after the lease Lease Commencement Date and the last Lease Year (which may be a partial Lease Year) shall mean that period from the January 1st last occurring during the Term of this Lease until the Termination Date.

Appears in 1 contract

Samples: Lease Agreement (Fine Com Corp)

Lease Year. “Lease Year” shall mean that each twelve month period of twelve (12) consecutive months which ends during the term hereof ending on December 31st of each year and which falls within the Term of this Lease31; provided, however, provided that the first Lease Year (which may be a partial Lease Year) shall mean that period from commence upon the Lease Commencement Date until commencement of the term hereof and shall end on the next succeeding December 31st first occurring after the lease Commencement Date 31, and the last Lease Year (which may be a partial Lease Year) shall mean that period from end upon the January 1st last occurring during expiration of the Term of this Lease until Termination Dateterm hereof.

Appears in 1 contract

Samples: Lease Agreement (Rainmaker Systems Inc)

Lease Year. Lease Year" shall mean that period of twelve (12) consecutive months which ends on December 31st 31 of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean that period from the Lease Commencement Date until the December 31st 31 first occurring after the lease Lease Commencement Date and the last Lease Year (which may be a partial Lease Year) shall mean that period from the January 1st last occurring during the Term of this Lease until the Termination Date.

Appears in 1 contract

Samples: Office Lease Agreement (Onvia Com Inc)

Lease Year. The term “Lease Year” shall mean that each twelve month period of twelve (12) consecutive months which ends during the term hereof ending on December 31st of each year and which falls within the Term of this Lease31; provided, however, that the first Lease Year (which may be a partial Lease Year) shall mean that period from commence upon the Lease Commencement Date until commencement of the term hereof and shall end on the next succeeding December 31st first occurring after the lease Commencement Date 31, and the last Lease Year (which may be a partial Lease Year) shall mean that period from end upon the January 1st last occurring during expiration of the Term of this Lease until Termination Dateterm hereof.

Appears in 1 contract

Samples: Manufacturing Agreement (SunEdison Semiconductor LTD)

Lease Year. Lease Year" shall mean that period of twelve (12) consecutive months which ends on December 31st of each year and which falls within the Term of this Lease; providedPROVIDED, howeverHOWEVER, the first Lease Year (which may be a partial Lease Year) shall mean that period from the Lease Commencement Date until the December 31st first occurring after the lease Lease Commencement Date and the last Lease Year (which may be a partial Lease Year) shall mean that period from the January 1st last occurring during the Term of this Lease until the Termination Date.

Appears in 1 contract

Samples: Office Lease Agreement (Greatfood Com Inc)

Lease Year. The term “Lease Year” shall mean that each twelve month period of twelve (12) consecutive months which ends during the term hereof ending on December 31st of each year and which falls within the Term of this Lease31; provided, however, that the first Lease Year (which may be a partial Lease Year) shall mean that period from commence on the Lease Commencement Date until and shall end on the next succeeding December 31st first occurring after the lease Commencement Date 31, and the last Lease Year (which shall end upon the expiration of the term hereof, as the same may be a partial Lease Year) shall mean that period from the January 1st last occurring during the Term of this Lease until Termination Dateextended.

Appears in 1 contract

Samples: Office Lease (Guidance Software, Inc.)

Lease Year. As used herein, the term “Lease Year” shall mean that period of mean: (a) when used in connection with the Initial Term, each successive twelve (12) consecutive months which ends month period beginning on December 31st of each year and which falls within the Term of this Lease; provided, however, the first Lease Year (which may be a partial Lease Year) shall mean that period from the Lease Commencement Date until the December 31st first occurring after the lease Commencement Date and ending on the last day of December, except the sixth and last year Lease Year of the Initial Term, which shall end on June 30, 2020; and (which may be a partial Lease Yearb) shall mean that when used in connection with the Extended Term, each successive twelve (12) month period from beginning July 1, 2020 and ending on the January 1st last occurring during the Term day of this Lease until Termination DateJune.

Appears in 1 contract

Samples: Lease Agreement (Xencor Inc)