Additional Rent Commencement Date definition

Additional Rent Commencement Date. As defined in Article 3.
Additional Rent Commencement Date. As defined in Section 3.1.2.
Additional Rent Commencement Date means, (A) for each Approved Project, the earlier to occur of (i) the Substantial Completion Date or (ii) the first day of the fifteenth (15th) month following the Approved Project Start Date for such Approved Project and (B) for each Structural Project, the earlier to occur of (i) the Substantial Completion Date, (ii) the Target Completion Date, (iii) an Event of Default, (iv) the date that Lessor and Lessee agree to stop work on a Structural Project, or (v) a default by Lessee in its obligations under the Project Management Agreement which is not cured within any cure period provided for therein.

Examples of Additional Rent Commencement Date in a sentence

  • In furtherance of the foregoing, during the period from the Structural Project Start Date until the applicable Additional Rent Commencement Date, financing costs on the portion of any Funded Amount actually advanced for such Structural Project shall accrue at the rate of ten percent (10%) per annum (such costs to be included within the definition of the “Accrued Financing Costs”).

  • For each Approved Project, during the period from the Approved Project Start Date until the applicable Additional Rent Commencement Date, financing costs on the portion of any Funded Amount actually advanced for such Approved Project shall accrue at the rate of ten percent (10%) per annum (the “Accrued Financing Costs”).

  • Landlord may make a good faith estimate of Tenant’s Share of Operating Costs for any fiscal year or part thereof during the term, and Tenant shall pay to Landlord, on the Additional Rent Commencement Date and on the first (1st) day of each calendar month thereafter, an amount equal to Tenant’s Share of Operating Costs for such fiscal year and/or part thereof divided by the number of months therein.

  • Any amounts advanced with respect to an Approved Project after the applicable Additional Rent Commencement Date shall be included in the calculation of Additional Project Rent immediately upon disbursement.

  • If the applicable Additional Rent Commencement Date or the Expiration Date occurs in the middle of a calendar year, Tenant shall be liable for only that portion of the Operating Costs with respect to such calendar year within the Term.


More Definitions of Additional Rent Commencement Date

Additional Rent Commencement Date. With respect to (i) the Aurora Project, the Aurora Opening Date, (ii) the M Resort Project, the M Resort Opening Date, (iii) the Columbus Project, the Columbus Opening Date, and (iv) the Joliet Project, the Joliet Opening Date.
Additional Rent Commencement Date means the Fixed Minimum Rent Commencement Date.
Additional Rent Commencement Date means the Additional Rent Commencement Date as set forth in the Fundamental Lease Provisions.
Additional Rent Commencement Date means, for each Approved Project, the earlier to occur of (i) the Substantial Completion Date or (ii) the first day of the fifteenth (15th) month following the Approved Project Start Date for such Approved Project.
Additional Rent Commencement Date means the Rent Commencement Date; provided, Tenant shall pay for all utilities and services serving the Premises (to the extent Tenant desires such services at the Premises) as of the Commencement Date.
Additional Rent Commencement Date means the sooner to occur of: (1) the Substantial Completion Date; or (ii) the date upon which Substantial Completion would have occurred but for the occurrence of Tenant Delays, which such determination under (ii) shall be reasonably determined by the Architect in writing with a statement by the Architect setting forth the basis for his determination.
Additional Rent Commencement Date. As defined in Article. Affiliate: With respect to any Person (i) any other Person which, directly or indirectly, controls or is controlled by or is under common control with such Person, (ii) any other Person that owns, beneficially, directly or indirectly, five percent (5%) or more of the outstanding capital stock, shares or equity interests of such Person or (iii) any officer, director, employee, general partner or trustee of such Person, or any other Person controlling, controlled by, or under common control with, such Person (excluding trustees and Persons serving in a fiduciary or similar capacity who are not otherwise an Affiliate of such Person). For the purposes of this definition, "control" (including the correlative meanings of the terms "controlled by" and "under common control with"), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the mana5ement and policies of such Person, through the ownership of voting securities, partnership interests or other equity interests provided, however, that, (a) for purposes of determining a Related Party Default, the percentage of outstanding capital stock, shares or equity interests referenced in (ii) above shall be fifty percent (5O%) and (b) any Person who is an Affiliate by virtue of the ownership thereofby 3