Basic Term Expiration Date definition

Basic Term Expiration Date shall have the meaning specified in Section 2.2 of the Lease.

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Basic Term Expiration Date means , or such earlier date as the Lease may be terminated in accordance with the provisions thereof.

Basic Term Expiration Date means _____________, 20__. --------------------------

Examples of Basic Term Expiration Date in a sentence

Unless the applicable Project Interest is purchased by the Lessee as provided herein or the Lessee elects its option to renew the Lease as provided in Section 8(d), not less than one hundred eighty (180) days and no more than three hundred sixty five (365) days prior to any Basic Term Expiration Date, the Lessee shall give the Lessor irrevocable written notice of its decision to return or purchase the Project Interest subject to the Schedule.
So long as no Event of Default shall have occurred and be continuing, the Lessee shall have the right, and upon the giving of the notice required by Section 8(b), the obligation to purchase, all (but not less than all) of the Project Interest subject to the Schedule on the applicable Basic Term Expiration Date, upon satisfying the terms and conditions set forth in this Section 8(c).
The Lessee shall pay the Lessor on the applicable Basic Term Expiration Date, (x) Basic Rent (if any) then due and owing on or prior to such Basic Term Expiration Date, (y) all Supplemental Rent due and payable by the Lessee on or before such Basic Term Expiration Date and (z) in cash the purchase price for such Project Interest in an amount equal to the End of Term Purchase Price as calculated pursuant to Section B of the applicable Schedule.
Payments of all Rent due and owing by the Lessee shall be made in immediately available funds on the applicable Basic Term Expiration Date.
If the Lessee elects to return such Project Interest, the Lessee shall return, at the Lessee’s cost and expense, all (but not less than all) of the Project Interest described on the applicable Schedule on the applicable Basic Term Expiration Date by leaving such Project Interest as installed at the Project Location in compliance with this Section 8(b) and Annex D to such Schedule.

More Definitions of Basic Term Expiration Date

Basic Term Expiration Date means the date that is 22 years and six months after the Delivery Date, or such earlier date as the Lease may be terminated in accordance with the provisions thereof.

Basic Term Expiration Date means May 17, 2023.

Basic Term Expiration Date means January 15, 2000.

Basic Term Expiration Date means September 20, 2020.

Basic Term Expiration Date means the date specified in Item 5 of Schedule B. Building Systems means the mechanical, electrical, plumbing, security and safety systems, including, by way of example, the heating, ventilation and air-conditioning equipment, affixed or attached to, or contained in the Improvements. Business Day means any day except Saturdays, Sundays or a day on which commercial banks located in the State of New York are authorized or required to be closed. Casualty is defined in paragraph (a) of Article 12. Casualty Event of Loss is defined in Section 12(c)(x).

Basic Term Expiration Date means July 13, 2021.

Basic Term Expiration Date means July 24, 2022, or such earlier date as the Lease may be terminated in accordance with the provisions thereof.