Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.
Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.
Renewal Term has the meaning set out in Section 9.1.
Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.
Initial Term has the meaning set forth in Section 7.1.
Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.
Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.
Annual Fixed Rent See Exhibit A, and Section 3.1.
Extended Term shall have the meaning given such term in Section 2.4.
Original Term shall have the meaning specified in Section 10 hereof.
Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.
Extension Term means the time period defined in §2.C.
Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.
Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.
Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.
Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.
Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.
Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”
Basic Term shall have the meaning specified in Section 2.2 of the Lease.
Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.
Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50
Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.
Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.
Base Rent Period Annual Rate Per Square Foot Monthly Base Rent
Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.
Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;