Basic Rent Period definition

Basic Rent Period means each calendar month or portion thereof commencing on, in the case of the first such period, the effective date of the Lease Agreement, and in the case of each succeeding period, the first day following the immediately preceding Basic Rent Period, and ending on the earliest of (i) the last day of any calendar month or (ii) the Termination Settlement Date.
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Basic Rent Period means a period from and including the Delivery Date to and including the last day in the month in which the Delivery Date falls, and each calendar month (or part thereof) thereafter during the Term.
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Basic Rent Period means each period ascertained in accordance with Clause 7.3;
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Examples of Basic Rent Period in a sentence

  • For the avoidance of doubt, and notwithstanding any provision to the contrary in this Lease, the amount of Basic Rent that the Lessee is required to pay to the Lessor for the use of the Aircraft for each Basic Rent Period listed in column (1) of Exhibit C-2 hereof shall be the amount determined by multiplying Lessor's Cost by the percentage set forth in column (2) of Exhibit C-2 beside such Basic Rent Period.

  • The first Basic Rent Period shall commence on the day following Delivery and each subsequent Basic Rent Period shall commence on the date succeeding the last day of the previous Rent Period within the Sublease Term.

  • For example, for a Basic Rent Period commencing on December 1, 2002 and ending on December 31, 2002, the applicable Basic Rent Payment Date will be December 1, 2002.

  • Where any Basic Rent Period in which Fixed Rent is payable is more or less than a full month, the Basic Rent payable on the applicable Basic Rent Payment Date shall be prorated based on the actual number of days in such Basic Rent Period and a month of thirty (30) days.

  • Notwithstanding the foregoing, during the Free Basic Rent Period Tenant shall continue to pay to Landlord any and all Taxes, Operating Costs and other costs and expenses attributable to the Premises in accordance with the terms and conditions of the Lease.

  • The Basic Rent in respect of each Basic Rent Period during the Term will be calculated in accordance with paragraph 1 of Schedule 15.

  • Any conversion of LIBOR Loans/Capital/Lessor Amounts made pursuant to the preceding sentence prior to the last day of the Basic Rent Period for such LIBOR Loans/Capital/Lessor Amounts shall be deemed a prepayment thereof for purposes of Section 13.10.

  • SLV at End of Basic Rent Period: Total SLV for Nuclear Fuel not in Heat Production GULF STATES UTILITIES COMPANY By: ______________________________ Its: ______________________________ Date: ______________________________ ______________ * To be prepared only if the Basic Rent Period includes December 31 of any year.

  • The Board may, by vote of two-thirds of the total number of Directors then in office, recommend to the Members the removal of any Director, provided that any such Director shall be given reasonable notice and opportunity to be heard by the Board of Directors regarding such recommendation.

  • Add and subtract the Fuel Cost (as of the end of the prior Basic Rent Period) of Nuclear Fuel (subject to the Fuel Lease at the end of the prior Basic Rent Period) transferred to or from Heat Production during the Basic Rent Period referred to above 3.


More Definitions of Basic Rent Period

Basic Rent Period means, with respect to any Loan, Capital or Lessor Amount outstanding during the Lease Term:
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Basic Rent Period means each of the periods (a) commencing on, in the case of the first such period, the Effective Date and, in the case of each succeeding period, the first day following the immediately preceding Basic Rent Period and (b) ending on the earliest of (i) the last day of any Calendar Quarter or (ii) the Settlement Date.
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Related to Basic Rent Period

  • 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.

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

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

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • 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 September 15, 2016 (“Expiration Date”).”

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

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

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

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • 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.

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

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

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

  • 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.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

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

  • Renewal Term has the meaning set out in Section 9.1.

  • assessment period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

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

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

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.