Examples of Base Term in a sentence

During the Base Term under each Lease, the amount of the Equity Investment outstanding from time to time with respect to such Lease shall accrue Yield during each Payment Period at a rate per annum equal to the Yield Rate.
The Lessor shall have received a copy of an appraisal (the “Appraisal”) from the Appraiser which shall establish (by the use of appraisal methods satisfactory to the Lessor) the Fair Market Value and the economic useful life of each Leased Property as of the Base Term Commencement Date and as of the Final Maturity Date.
For the avoidance of doubt, Xxxxx shall accrue on the Equity Investment until paid in full and any amount of the Equity Investment outstanding after the Base Term Expiration Date shall accrue interest at the Overdue Rate for the period commencing on the Base Term Expiration Date and ending on the date of repayment thereof.
With respect to each Lease, Basic Rent shall be payable from time to time on each Payment Date during the Base Term in an amount equal to all Yield then due on the outstanding Equity Investment.
The Vendor’s mark-up rate will not exceed 45% for the Base Term, 45% for Renewal Term One, 45% for Renewal Term Two, 45% for Renewal Term Three, 45% for Renewal Term Four, and 45% for Renewal Term Five.

More Definitions of Base Term

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 June 30, 2019.”

Base Term. Commencing (i) with respect to the Existing Premises on the Commencement Date, (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date and (iii) with respect to the Second Expansion Premises on the Second Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 16, 2016 (“Expiration Date”).”

Base Term shall have the meaning set forth in Section 10.1.

Base Term shall have the meaning provided in Section 2.2 of each Lease.

Base Term means the period commencing on the Closing Date and ending on February 14, 2022, or such shorter period as may result from earlier termination of the Lease as provided therein.

Base Term means, with respect to any Leased Property, (a) the period commencing on the Initial Closing Date for the first parcel of Land acquired by the Lessor and ending on the tenth (10th) anniversary of such Closing Date or (b) such shorter period as may result from earlier termination of the Lease as provided therein.