Primary Term. This lease is for a primary term of seven (7) years beginning January 1st, 2021.
Primary Term. The Primary Term for each item of the Equipment shall commence on the Lease Commencement Date provided for by the Rental Schedule for such Equipment, and unless sooner terminated pursuant to the provisions of this Lease, shall be for the number of calendar months set forth in such Rental Schedule, plus the number of days remaining in any partial calendar month if the Lease Commencement Date occurs on other than the first day of a month. Notwithstanding the foregoing, the provisions of this Master Lease on indemnification of Lessor by Lessee shall apply between Lessor and Lessee with respect to any Equipment from the time that any order for the Equipment is placed by Lessor.
Primary Term. This Lease is granted for a “primary term” of 10 years from the date hereinabove first written.
Primary Term. Subject to the other provisions herein contained, this Lease shall be for a term of 18 months from the date of the notarial acknowledgement of Lessor’s execution of this instrument (hereinafter called “primary term”) and so long thereafter as oil or gas is produced from the leased premises or lands pooled therewith in paying quantities, or drilling operations are in progress thereon as hereinafter provided.
Primary Term. The Primary Term of this agreement is for one (1) year from the date of execution of this agreement by both parties.
Primary Term. The primary term of this Agreement shall commence on (Commencement Date) and end on (Termination Date). Unless either party provides written notice of termination to the other party at least sixty (60) days before the Termination Date, this Agreement will automatically renew and continue until either party terminates this Agreement by giving at least sixty (60) days advance written notice to the other party.
Primary Term. The “Primary Term” of this Lease shall commence on the Effective Date of this Lease, and shall expire at 12:00 midnight Pacific Standard Time on the sixty- fifth (65th) anniversary of the Effective Date, unless sooner terminated as a result of Tenant’s non- compliance with any terms, conditions, covenants, restrictions or reservations of this Lease.
Primary Term. The term of this Agreement (the “Primary Term”) shall be ten (10) years, commencing on March 1, 2014 (the “Commencement Date”).
Primary Term. The primary term of this agreement begins and ends as follows: Commencement Date: Expiration Date:
Primary Term. This Lease is granted for a “primary term” of ten (10) years commencing on the Effective Date and for a “secondary term” of an additional ten (10) years, subject to Lessee’s compliance with the requirements of paragraph 3.3,
