Common use of Primary Term Clause in Contracts

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.

Appears in 4 contracts

Samples: Ground Lease, Ground Lease, Ground Lease

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Primary Term. The "Primary Term" of this Lease shall be two (2) years and shall commence on the Effective Date of this Lease, and shall expire at 12:00 midnight Pacific Standard Pacific‌ Time on , 2021, or the sixty- fifth date that is ninety (65th90) anniversary days after receipt of the Effective Datea Certificate of Occupancy, whichever occurs first, unless sooner terminated as a result of Tenant’s non- non-compliance with any terms, conditions, covenants, restrictions term or reservations condition of this LeaseLease as hereinafter provided.

Appears in 1 contract

Samples: Ground Lease

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- non-compliance with any terms, conditions, covenants, restrictions term or reservations condition of this Lease.Lease as hereinafter provided.‌

Appears in 1 contract

Samples: Ground Lease

Primary Term. The "Primary Term" of this Lease shall be two (2) years and shall commence on the Effective Date of this Lease, and shall expire at 12:00 midnight Pacific Standard Time on , 2021, or the sixty- fifth date that is ninety (65th90) anniversary days after receipt of the Effective Datea Certificate of Occupancy, whichever occurs first, unless sooner terminated as a result of Tenant’s non- non-compliance with any terms, conditions, covenants, restrictions term or reservations condition of this LeaseLease as hereinafter provided.

Appears in 1 contract

Samples: Ground Lease

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Primary Term. The “Primary Term” of this Lease shall commence on the Effective Date of this Lease, and shall expire at 12:00 midnight 11:59 p.m. Pacific Standard Time on the sixty- fifth seventy-ninth (65th79th) anniversary of the Effective Date, unless sooner terminated as a result of Tenant’s non- non-compliance with any terms, conditions, covenants, restrictions term or reservations condition of this LeaseLease as hereinafter provided. The accumulation of the Primary Term is hereunder referred to as the “Term.”‌

Appears in 1 contract

Samples: Ground Lease

Primary Term. The “Primary Term” of this Lease shall commence be fifty-seven (57) years, commencing on the Effective Date of this Lease, and shall expire at 12:00 midnight Pacific Standard Time on the sixty- fifth fifty-seventh (65th57th) anniversary of the Effective Date, unless sooner terminated as a result of Tenant’s non- non-compliance with any terms, conditions, covenants, restrictions or reservations of this Lease.

Appears in 1 contract

Samples: Ground Lease

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