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 each of (x) the period commencing on and including the Delivery Date and ending on but excluding the first Basic Rent Payment Date following the Delivery Date, and (y) each period commencing on and including a Basic Rent Payment Date and ending on but excluding the next subsequent Basic Rent Payment 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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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.

  • Lessee covenants to pay to Lessor or to such Persons as Lessor may direct, on each Basic Rent Payment Date, the Basic Rent due for the preceding Basic Rent Period and to pay such Basic Rent to Lessor at such place as Lessor or such Persons may direct, prior to 12:00 P.M. (noon), New York City time, on such date.

  • 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.

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

  • After the internal discussion of the groups, the debate between work- ing groups was opened.

  • 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.

  • Public access to irrigation areas must be prohibited to prevent accidental traffic and damage to the system.


More Definitions of Basic Rent Period

Basic Rent Period means each period ascertained in accordance with Clause 7.1;
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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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Basic Rent Period means, with respect to any Loan, Capital or Lessor Amount outstanding during the Lease Term:
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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 As defined in Section 3.1.

  • 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”).”

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

  • 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 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:

  • 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 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.

  • 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 forth in Section 2.

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

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • 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 set forth in Section 2.

  • 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.