Base Rental Period definition

Base Rental Period means the period between one Base Rental Payment Date and the next Base Rental Payment Date, provided that the first Base Rental Period shall commence on July [ ], 2024 and end on July 14, 2025.
Base Rental Period has the meaning set forth in the Sublease.
Base Rental Period means the period from [July 1] to and including the following [June 30]; provided that the initial Base Rental Period means the period from the Closing Date to and including [June 30], 2019.

Examples of Base Rental Period in a sentence

  • The Base Rental and Additional Rental for each Base Rental Period or portion thereof during the Leaseback Lease Term shall constitute the total rental for such Base Rental Period or portion thereof and shall be payable by the TJPA to or upon the order of the City for and in consideration for the use and possession, and the continued quiet use and enjoyment, of the Property by the TJPA for and during such Base Rental Period or portion thereof.

  • The TJPA hereby agrees to pay, from legally available funds, to the City the aggregate Maximum Base Rental for all Components for each Base Rental Period on the respective Base Rental Payment Date subject to reduction pursuant to Section 3.1(b) hereof.

  • Under no circumstances shall the TJPA be required to pay to or upon the order of the City during any Base Rental Period amounts exclusive of Additional Rental in excess of aggregate Maximum Base Rental for such Base Rental Period.

  • At the end of the Base Rental Period and any date thereafter, the Customer may either (a) request removal of the Equipment as set forth in paragraph 10 and pay the associated removal fees in connection; or (b) leave the Equipment in place and continue to make Rental Payments due on the due date of the Customer’s monthly bill.

  • The City shall encumber funds in its General Fund in the amount set forth on the Debt Service Certificate – Additional Interest/Principal as a Minimum Supplemental Rental Payment for the balance of the current Base Rental Period.

  • This Lease may not be amended in a manner such that the sum of Base Rental Payments and Additional Rental (including Base Rental Payments and Additional Rental payable pursuant to such amendment), in any Base Rental Period is in excess of the annual fair rental value of the Leased Property for such Base Rental Period.

  • Payments of Base Rental Payments and Additional Rental for each Base Rental Period or portion thereof during the term of this Lease shall constitute the total rental for such Base Rental Period or portion thereof and shall be paid or payable by the City from funds of the City lawfully available therefor for and in consideration of the right of the use and occupancy of, and the continued quiet use and enjoyment of, the Leased Property by the City for and during such Base Rental Period or portion thereof.

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  • The City shall encumber funds in its General Fund in the amount set forth in the Debt Service Certificate – Additional Commercial Paper Notes as a Minimum Supplemental Rental Payment for the balance of the current Base Rental Period.

  • The City shall encumber funds in its General Fund in the amount set forth on the Debt Service Certificate - Annual for the next succeeding Base Rental Period as the Minimum Required Rental Payment.


More Definitions of Base Rental Period

Base Rental Period has the meaning set forth in the Trust Agreement.
Base Rental Period means the period between one Base Rental Payment Date and the next Base Rental Payment Date, provided that the first Base Rental Period shall commence on the Closing Date (as hereinafter defined) and end on July 1, 2017.
Base Rental Period means each successive period of approximately one (1) month, with the first Base Rental Period beginning on and including the Base Rental Commencement Date and ending on but not including the first Base Rental Date. Each successive Base Rental Period after the first Base Rental Period shall begin on and include the day on which the preceding Base Rental Period ends and shall end on but not include the next following Base Rental Date.
Base Rental Period means each successive period of approximately one (1) month, with the first Base Rental Period beginning on and including the Base Rental Commencement Date and ending on but not including the first Base Rental Date. Each successive Base Rental Period after the first Base Rental Period shall begin on and include the day on which the preceding Base Rental Period ends and shall end on but not include the next following Base Rental Date. A Base Rental Period under this definition may also be a Construction Period under the definition of Construction Period below.

Related to Base Rental Period

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

  • 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:

  • 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.

  • 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.

  • 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.

  • Base Rent As defined in Section 3.1.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Extension Term means the time period defined in §2.C.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

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

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Renewal Term has the meaning set forth in Section 2.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

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

  • Extended Term shall have the meaning given such term in Section 2.4.