Basic Rent Commencement Date definition

Basic Rent Commencement Date shall have the meaning set forth in Section 3.1(a)(ii) of the Lease.

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Basic Rent Commencement Date means January 1, 1994.

Basic Rent Commencement Date means the earlier of (i) the Final Project Completion Date or (ii) the date on which there are insufficient moneys available in the Capitalized Interest Account or the Capitalized Interest Reserve Account to make a payment then due on the Bonds or (iii) the date on which there are insufficient funds in the Financing Costs Account to make a payment of Financing Costs then due and payable.

Examples of Basic Rent Commencement Date in a sentence

Basic Rent Commencement Date: The date that occurs seven (7) months after the Rent Commencement Date.
Upon execution of this Amendment, Landlord agrees to pay to Broker a commission of 3.5% of the Basic Rent payable from the Revised Basic Rent Commencement Date through the Expiration Date.
Basic Rent shall be payable in equal monthly installments, commencing on the Basic Rent Commencement Date, in advance, on the first day of each and every calendar month during the Term of this Lease, to Landlord at Landlord’s Notice Address or at such other place as Landlord shall from time to time designate by notice, in lawful money of the United States.
Tenant shall pay the Basic Rent to Landlord in lawful money of the United States of America in equal monthly installments, in advance, on the Basic Rent Payment Dates, commencing on the Basic Rent Commencement Date, except that Tenant shall pay the first installment of Basic Rent upon Tenant’s execution and delivery of this Lease.
If either the Basic Rent Commencement Date or the Additional Rent Commencement Date is any day other than the first day of a calendar month, or if the Term ends on a day other than the last day of a calendar month, then Basic Rent and Additional Rents, as the case may be, will be adjusted pro rata based on a 366 day year.

More Definitions of Basic Rent Commencement Date

Basic Rent Commencement Date shall have the meanings and values assigned to them in the Lease Schedule and/or the Acceptance Certificate applicable to such Equipment.

Basic Rent Commencement Date is defined in Section 1.9 hereof. "Building" means the buildings, structures, and improvements from time to time during the Term erected on the Lands together with all fixtures, sprinklers, elevators, escalators, heating, ventilating, air-conditioning and mechanical and electrical equipment and machinery and water, gas, sewage, telephone and other communication facilities and electrical power services and utilities comprised therein, belonging thereto, connected therewith or used in the operation thereof, and now or hereafter constructed, erected and installed.therein and thereon, and all alterations, additions, and replacements thereto, but excludes all Leasehold Improvements made, constructed, erected or installed therein by or on behalf of an@ tenant of premises therein. The municipal address of the Building is ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇.

Basic Rent Commencement Date defined in the Basic Lease Provisions

Basic Rent Commencement Date. The Basic Rent Commencement Date shall be February 1, 2011. STATED EXPIRATION DATE: The Stated Expiration Date shall be January 31, 2021. BASIC RENT: SEE SCHEDULE BELOW: The Term Commencement Date January 31, 2011 $ 0.00 $ 0.00 February 1, 2011 December 31, 2015 $ 33,425.00 $ 401,100.00 January 1, 2016 January 31, 2021 $ 38,995.83 $ 467,950.00 TENANT’S SHARE: 75.24% GUARANTOR: None PERMITTED USES: Research and development, design, fabrication, component assembly, installation and testing of electric hybrid automotive and power solutions and administrative/general office use, warehousing, distribution and other lawful uses related to Tenant’s business operations. SECURITY DEPOSIT: $155,983.32

Basic Rent Commencement Date means the date January 1, 2003.

Basic Rent Commencement Date means 1st January 2005

Basic Rent Commencement Date. Premises Part B: Sixty (60) days after completion of the demolition work described in Section 7.01 below and delivery of the Premises to Tenant for the commencement of Tenant Improvements. Premises Part A: April 1, 1998. TERM: Approximately 5 YEARS and 5 MONTHS as to Premises Part B. and approximately 5 YEARS for Premises Part A. BASIC RENT: $30.00 per square foot of Rentable Area per year for the initial term: Basic Rent Commencement Date for Premises Part B through March 31, 1998: $25,987.50 per month April 1, 1998 through Lease Termination Date: $86,750.00 per month; $1,041,000.00 per year ESTIMATED COST OF ELECTRICAL SERVICE: $.85 per square foot of Rentable Area per year. INITIAL MONTHLY PAYMENT (Basic Rent plus Estimated Cost of Electrical Service): $26,723.81 TAX BASE: Actual taxes for fiscal year 1997.