Expansion Period definition

Expansion Period shall have the meaning set forth in Section 2.1.2(a).

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Expansion Period means the period of time beginning one 1 year prior to the start of the construction or expansion of the qualified, new or expanded warehouse or distribution facility, and ending one 1 year after the substantial completion of the construction or expansion of the facility. In no event shall the expansion period exceed five 5 years.

Expansion Period means any period of time during which the Investor is committing significant capital expenditure towards the expansion of the OT Project.

Examples of Expansion Period in a sentence

In addition to the Quarterly Forecasts, if Buyer intends to purchase in any future four (4) calendar quarter period (the "Expansion Period") more than 120% of the number of Engines actually purchased in the four (4) calendar quarters just ended, Buyer shall provide Seller with Buyer's estimated requirements for the Engines in the Expansion Period a minimum of six months prior to the start of the Expansion Period (the "Expansion Forecast").
Landlord agrees to keep the Expansion Area under unified ownership with the Building and available for development in the event Tenant exercises its rights under this Section 16.19 prior to the expiration of the Expansion Period (as defined below).
Tenant may exercise the Expansion Option by delivering written notice of such exercise (the “Expansion Notice”) to Landlord on or before the end of the Expansion Period.
At all times prior to the expiration of the Expansion Period, Tenant’s rights under this Section 16.19 shall be in a prime position with respect to all third parties, and not subordinate to the right of any other party to lease space on such Expansion Area.
If Tenant desires to exercise its expansion option, Tenant shall so notify Landlord within the Expansion Period.

More Definitions of Expansion Period

Expansion Period means the period of time beginning

Expansion Period means a period of time associated with a proposal for the expansion of the Unit Interval (and, if applicable, Unit Area) in accordance with Article 5.3

Expansion Period means the period of time beginning one 1 year prior to the start of

Expansion Period means any time during the term of this Lease except for the last twelve (12) months of the initial term (if the option to renew has not been exercised) or any renewal term. If Tenant exercises its Expansion Option or Right of First Refusal, that action can not be revoked. Notwithstanding anything to the contrary contained herein, Tenant's Expansion Option and Right of First Refusal are both subject to a determination by Landlord, in Landlord's sole discretion, that Tenant's financial condition at the time it makes such election is comparable or better than the financial condition of Tenant at the time Tenant had executed the Lease.

Expansion Period means the period commencing on the first day of the third Fiscal Quarter of the 2000 Fiscal Year and ending on the last day of the 2001 Fiscal Year.

Expansion Period means the period following the completion and first beneficial use of the first Expansion.

Expansion Period means and refer to the period commencing on the Effective Date and expiring upon the date which is five (5) years after the Effective Date.