TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "term" shall include all basic and any renewal terms.
Appears in 15 contracts
Samples: Master Lease Agreement (Stillwater Mining Co /De/), Sale and Leaseback Agreement (21st Century Insurance Group), Master Lease Agreement (Dyax Corp)
TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATELease Commencement Date"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "term" shall include all basic and any renewal terms.
Appears in 11 contracts
Samples: Master Lease Agreement (Smith & Wollensky Restaurant Group Inc), Master Lease Agreement (Star Scientific Inc), Master Lease Agreement (Overhill Farms Inc)
TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATELease Commencement Date"). The term of this Agreement shall be the period specified in the applicable Schedule. The word work "term" shall include all basic and any renewal terms.
Appears in 1 contract
TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "term" shall include all basic and any renewal terms.
Appears in 1 contract
TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's Lessees right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under tinder a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "term" shall include all basic and any renewal terms.
Appears in 1 contract
Samples: Master Lease Agreement (Predix Pharmaceuticals Holdings Inc)
