Base Rent Date definition

Base Rent Date means a date upon which Base Rent must be paid under the Lease, all of which dates shall be the first Business Day of a calendar month. The first Base Rent Date shall be determined as follows:
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Base Rent Date means a date upon which Base Rent must be paid under the Lease, all of which dates will be the first Business Day of a calendar month. The first Base Rent Date will be the first Business Day of the first calendar month following the Effective Date, which is consistent with the understanding of the parties that the first Base Rent Period will be subject to a LIBOR Election of one month. Each successive Base Rent Date after the first Base Rent Date will be the first Business Day of the first or third calendar month following the calendar month which includes the preceding Base Rent Date, determined as follows:
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Base Rent Date means a date upon which Base Rent must be paid under the Improvements Lease, all of which dates shall be the first Business Day of a calendar month. The first Base Rent Date shall be determined as follows:
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Examples of Base Rent Date in a sentence

  • BASE RENT DATE" means a date upon which Base Rent must be paid under this Lease, all of which dates shall be the first Business Day of a calendar month.


More Definitions of Base Rent Date

Base Rent Date means November 1, 1996 and the first Business Day of February, May, August and November of each calendar year thereafter to and including the first Business Day of November, 2001.
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Base Rent Date means a date upon which Base Rent must be paid under the Lease, all of which dates shall be the first Business Day
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Base Rent Date means October 16, 2000 and the first Business Day of every calendar month thereafter.
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Base Rent Date means October 16, 2000 and the first Business Day of every calendar month thereafter. (Any first Business Day of a calendar month that falls on or before the Base Rent Commencement Date (All Buildings) shall constitute both a Base Rent Date and an Advance Date.) "BASE RENT PERIOD" means a period for which Base Rent must be paid under the Improvements Lease. The first Base Rent Period shall begin on and include the Effective Date and end on but not include the first Base Rent Date. Each successive Base Rent Period shall begin on and include the Base Rent Date upon which the preceding Base Rent Period ends and shall end on but not include the next following Base Rent Date (i.e., the first Business Day of the next calendar month).
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Related to Base Rent Date

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Base Rent As defined in Section 3.1.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • 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.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Commencement Date means the date of this Agreement.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Monthly Date means the last Business Day of each calendar month.

  • Lease Termination Date means the last day of the Lease Term.

  • 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.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Base Term Beginning (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 August 31, 2024.”

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.