Base Lease Rent definition

Base Lease Rent means those items referred to as such in Section 3.4 of this Base Lease.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Base Lease Rent means those items referred to as such in Section 3.4 hereof. “Base Lease Term” means the term of this Base Lease which ends on June 30, 2051. “City” means the City of Mauldin, South Carolina.

Base Lease Rent means those items referred to as such in Section 3.4 of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on 2, 2053. “Capital Projects” means the improvements to be acquired, constructed, renovated, expanded, equipped and furnished upon the Project Facilities Real Property.

Examples of Base Lease Rent in a sentence

• The Customer, not ▇▇▇▇▇▇, shall have sole responsibility for the accuracy, quality, integrity, reliability, and intellectual property ownership or right to use of all Customer Data, and ▇▇▇▇▇▇ shall not be responsible or liable for the deletion, correction, destruction, damage, loss or failure to store any Customer Data.

• To that end and for that purpose to the extent permitted by law, the County hereby releases each and every incorporator, member, director and officer of the Corporation of and from any personal or individual liability under this Base Lease, including without limitation the obligation to make payment of the Base Lease Rent and, to the extent permitted by law, agrees to hold such individuals harmless against all suits, claims, actions and judgments arising out of this Base Lease.

• In consideration for the leasing of the Real Property to the Corporation hereunder, the Corporation agrees (i) to pay to the County the sum of Thirty Dollars and 00/100 ($30.00) on the closing date of the Series 2020 Bonds as a prepayment of the Sub- Base Lease Rent for the term of this Sub-Base Lease and (ii) to fulfill its obligations with respect to the Project Facilities as provided in the Facilities Agreement.

• All liabilities under this Base Lease on the part of the Corporation are fully corporate liabilities of the Corporation as a corporation, and, to the extent permitted by law, the School District hereby releases each and every incorporator, member, director and officer of the Corporation of and from any personal or individual liability under this Base Lease, including without limitation the obligation to make payment of the Base Lease Rent.

• The County and the Corporation agree that any amounts paid by the Corporation as its initial payment of Base Lease Rent which are not expended to pay for the acquisition of real property currently owned by the Commission to be included in this Base Lease as contemplated in the Ordinance will be applied to the costs of the Project Facilities.

• Such Supplemental Base Lease shall provide for the extension of the term of this Base Lease as necessary and for the payment of Base Lease Rent by the Corporation to the County.

• All liabilities under this Base Lease on the part of the Corporation are solely corporate liabilities of the Corporation as a corporation and, to the extent permitted by law, the City hereby releases each and every incorporator, member, director, and officer of the Corporation of and from any personal or individual liability under this Base Lease, including without limitation the obligation to make payment of the Base Lease Rent.

• To that end and for that purpose to the extent permitted by law, the City hereby releases each and every incorporator, member, director and officer of the Corporation of and from any personal or individual liability under this Base Lease, including without limitation the obligation to make payment of the Base Lease Rent and, to the extent permitted by law, agrees to hold such individuals harmless against all suits, claims, actions and judgments arising out of this Base Lease.

• In consideration for the leasing of the Real Property to the Corporation hereunder, the Corporation agrees to pay to the City the sum of Thirty Dollars ($30.00) as a prepayment of the Base Lease Rent of One Dollar per year for the term of this Base Lease.

• If any provision of this Amendment Agreement is held to be invalid or unenforceable in any respect, the validity and enforceability of the remaining terms and provisions of this Amendment Agreement shall not in any way be affected or impaired thereby and the parties will attempt to agree upon a valid and enforceable provision that is a reasonable substitute therefor, and upon so agreeing, shall incorporate such substitute provision in this Amendment Agreement.

More Definitions of Base Lease Rent

Base Lease Rent means the amount set forth in Section 3.4 of this Base Lease.

Base Lease Rent means those items referred to as such in Section 3.4 of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on March 1, 2050.

Base Lease Rent means those items referred to as such in Section 3.3 of this Base Lease.

Base Lease Rent means the amount set forth in Section 3.4(a) of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on the earlier of (i)

Base Lease Rent means those items referred to as such in Section 3.3 of this Base Lease. “Base Lease Term” means the term of this Base Lease which ends on , 204 . “City” means the City of Tega Cay, South Carolina.