Examples of Accrual Termination Date in a sentence
Carrying Costs" means the charges added to and made a part of the Outstanding Construction Allowance from time to time on and before the Carrying Costs Accrual Termination Date pursuant to and as more particularly described in subparagraph 6.(a)(ii) below.
Each successive "Construction Period" after the first Construction Period shall be a period of approximately one (1) month (except Construction Periods, if any, commencing on or after the Carrying Costs Accrual Termination Date, which shall be coterminous with Base Rent Periods) and shall begin on and include the day on which the preceding Construction Period ends and shall end on but not include the next following Advance Date.
In no event will Construction Advances which may be required of Landlord, when added to Carrying Costs accrued or projected by Landlord to accrue prior to the Carrying Costs Accrual Termination Date as described below, exceed the Maximum Construction Allowance.
Because of this notice, the Carrying Costs Accrual Termination Date will occur on the next following Advance Date that is at least ten (10) days after the date you receive this notice.
I, the undersigned, the [chief financial officer, controller, treasurer or the assistant treasurer] of 3Com Corporation, do hereby notify you that 3COM Corporation irrevocably elects to accelerate the Carrying Costs Accrual Termination Date and thereby accelerate the commencement of Base Rent accruals and the termination of accruals of Carrying Costs.