Rent Periods Sample Clauses

Rent Periods. The Funded Amounts shall be allocated to LIBOR Advances with a Rent Period of three (3) months unless, three Business Days prior to the last day of any Rent Period, TPC shall deliver (which delivery may be by facsimile) to the Lessor and the Agent a notice substantially in the form of Exhibit G (each, a “Payment Date Notice”), appropriately completed, specifying the allocation of the Funded Amounts related to such Rent Period to LIBOR Advances and Base Rate Advances as set forth in such Payment Date Notice, provided that no such allocation to LIBOR Advances shall be in an amount less than $1,000,000. Each such Payment Date Notice shall be irrevocable.
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Rent Periods. 5.1 (a) The Term shall be divided into successive periods (each a Rent Period) in respect of which Rent shall accrue and be payable.
Rent PeriodsThe Term will consist of seven Rent Periods: a) Early Rent Period: begins on the Commencement Date if the Commencement Date is on or before September 22, 2010 and ends on, and includes, September 30, 2010. If the Commencement Date is on or after September 23, 2010, no Rent will accrue or be due or payable with respect to the month of September, 2010.
Rent Periods. The first Rent Period will commence on the Delivery Date and each subsequent Rent Period will commence on the numerically corresponding day in the next calendar month throughout the Lease Period. Each Rent Period will end on the day preceding the numerically corresponding day in the next month, except that: 5.2.1 if there is no such numerically corresponding day in that month, it will end on the last day of that month; and 5.2.2 if a Rent Period would otherwise overrun the Expiry Date, it will end on the Expiry Date.
Rent Periods. The Term will consist of six Rent Periods: a) Early Rent Period: begins on the Commencement Date and ends on, and includes, September 30, 2009. If the Commencement Date is on or before September 15, 2009, notwithstanding that the Rent Commencement Date has not yet occurred. Early Rent, as described below, will begin to accrue as of the Commencement Xxxx and continue each day thereafter through and including September 30, 2009. If the Commencement Date is on or after September 16. 2009, no Rent will accrue or be due or payable with respect to the month of September, 2009. b) Free Rent Period: 3 months; begins on October 1, 2009 and ends on and includes December 31, 2009. c) First Rent Period: 12 months; begins on January 1, 2010 and ends on and includes December 31, 2010. d) Second Rent Period: 9 months; begins on January 1, 2011 and ends on and includes September 30, 2011. e) Third Rent Period: 12 months; begins on October 1, 2011 and ends and includes September 30, 2012. f) Fourth Rent Period: 21 months; begins on October 1, 2012 and ends on the Termination Date. Each of the dates in this Section 1.11 is subject to change as provided in Section 5, below.

Related to Rent Periods

  • Renewal Periods Renewal of registered names may be made in one (1) year increments for up to a maximum of ten (10) years. For the avoidance of doubt, renewal of registered names may not extend their registration period beyond ten (10) years from the time of the renewal.

  • Meal Periods (a) Meal periods shall be scheduled as close as possible to the middle of the scheduled hours of work. The length of the meal period shall be agreed to at the local level and shall be not less than 30 minutes nor more than 60 minutes. (b) An employee shall be entitled to take their meal period away from the workstation. Where this cannot be done, the meal period shall be considered as time worked.

  • Extension Term The Term of this Lease of all of the Premises may be extended for the Extension Term by unconditional written notice from Tenant to Landlord at least nine (9) (but not more than twelve (12)) months before the end of the Initial Term, time being of the essence. If Tenant does not timely exercise this option, or if on the date of such notice or at the beginning of the Extension Term (i) a default by Tenant exists, or (ii) Tenant is not leasing one hundred percent (100%) of the Premises, or (iii) Tenant has made any Transfer under Article 13 (other than a Related Party Transfer), at Landlord’s option upon written notice to Tenant, Tenant’s right to extend the Term of this Lease shall irrevocably lapse and be void and of no further force and effect, Tenant shall have no further right to extend, and this Lease shall expire at the end of the Initial Term. If Tenant fails to timely exercise its rights hereunder, then within seven (7) days of Landlord’s request therefor, Tenant shall execute and deliver to Landlord a certification, in recordable form, confirming the Tenant’s failure to exercise (or waiver of) such right, and Tenant’s failure to so execute and deliver such certification shall (without limiting Landlord’s remedies on account thereof) entitle Landlord to execute and deliver to any third party, and record, an affidavit confirming the failure or waiver, which affidavit shall be binding on Tenant and may be conclusively relied on by third parties. All references to the Term shall mean the [Initial] Term as it may be extended by the Extension Term. The Extension Term shall be on all the same terms and conditions except that the Base Rent for the Extension Term shall be as set forth below.

  • Lease Period The lease period of the Finance Lease Agreement I is 24 months, which commenced on September 28, 2021. The lease period of the Finance Lease Agreement II is 36 months, which shall commence on August 29, 2022.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • Commencement of Interest Periods The first Interest Period shall commence on the Drawdown Date and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.

  • Sublease Term The term of the Sublease (“Sublease Term”) commences on the later to occur of (1) Sublandlord’s receipt of Prime Landlord’s written consent to this Sublease, and (2) October 1, 2009 (“Sublease Commencement Date”); and expires on January 28, 2018 (“Sublease Expiration Date”; i.e., the day prior to the Termination Date pursuant to the Prime Lease). Sublandlord shall deliver the Subleased Premises “broom clean” and free of all of Sublandlord’s personal property (other than the F&F (defined in Section 2(f))) and debris, but otherwise in “AS IS, WHERE IS” condition on the Sublease Commencement Date; provided that Subtenant shall not be responsible for, or required to remedy, any violation of any applicable law, or any condition or state of facts, with respect to the Subleased Premises, the Building or the Land existing on or prior to the Sublease Commencement Date. Sublandlord is not required to perform any work to prepare the Subleased Premises for Subtenant’s intended use. If (i) for any reason Sublandlord has not received Prime Landlord’s written consent to this Sublease in form required by Section 15(i) below by the date which is sixty (60) days from the date hereof, or (ii) Prime Landlord elects to terminate the Prime Lease in respect of the Subleased Premises pursuant to Prime Landlord’s recapture right set forth in Section 16.5 of the Prime Lease, then in the case of (i), then Sublandlord and Subtenant each may elect at any time thereafter to terminate this Sublease by written notice to the other, whereupon the parties shall deem this Sublease to be null and void and of no effect (except for those provisions expressly stated herein to survive a termination), and in the case of (ii) the Sublease will be deemed terminated in accordance with Section 16.5 of the Prime Lease.

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

  • Break Periods ‌ There will be no rest periods, organized coffee breaks or other non-working time established during working hours. Individual coffee containers will be permitted at the employee’s work location. Where 4/10s are being worked there shall be a morning and an afternoon coffee break.

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