Examples of Base Lease Term in a sentence
All terms and conditions of this Agreement during the Base Lease Term shall remain in full force and effect during any Renewal Lease Term, unless Lessor and Lessee expressly agree otherwise in writing.
All terms and conditions of this Agreement during the then Base Lease Term (or Renewal Lease Term, as the case may be) shall remain in full force and effect during any Operational Extension, unless Lessor and Lessee expressly agree otherwise in writing.
The Base Lease Term shall commence on the Lease Commencement Date and end on [REDACTED].For each Rent Period during the Base Lease Term, the amount of $[REDACTED] shall be payable on each Rent Date during the Base Lease Term (the “Rent”).
The monthly payment for each item of Equipment that goes into renewal shall be the same amount that is in effect for such item at the end of the Base Lease Term, as reflected on Lessor’s books and records.
The Base Lease Term of the Lease shall be for the term indicated below and shall commence on the date this Master Lease Schedule is signed by Lessor as set out below, unless otherwise agreed by both parties (“Base Term Commencement Date”).