Extension Term Commencement Date definition

Extension Term Commencement Date is defined in paragraph 4(b) of this Lease.
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Extension Term Commencement Date shall have the meaning set forth in Section 42.1(A).
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Extension Term Commencement Date means the May 15, 2003.
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Examples of Extension Term Commencement Date in a sentence

  • Upon receipt by Landlord of Tenant's Extension Notice under this Section 2.2, above, Landlord and Tenant shall meet in an effort to negotiate, in good faith, the applicable Extension Term Base Rent which shall become effective as of the respective Extension Term Commencement Date.

  • Anything herein to the contrary notwithstanding, commencing on the First Extension Term Commencement Date, Tenant may elect in writing to Landlord to apply any unused portion of the Landlord Contribution as a credit against Base Rent in the manner specified by Tenant in such written election, in which event the Landlord Contribution shall be reduced dollar-for-dollar for any amount so requested in writing to be credited against Base Rent.

  • The Term of the Lease is hereby extended for a period of sixty (60) months (the "First Extension Term") beginning on November 1, 2025 (the "First Extension Term Commencement Date") and ending on October 31, 2030 ("First Extension Term Termination Date"), unless sooner terminated in accordance with the terms of the Lease, as hereby amended.

  • Any Additional Allowance borrowed by Tenant hereunder shall be repaid to Landlord as Additional Rent in twelve (12) equal monthly installments beginning on first day of the twelfth month of the Second Extension Term Commencement Date, until the Additional Allowance has been repaid in full (with the final payment being adjusted, if necessary, to reflect the remaining balance of the Additional Allowance).

  • Notwithstanding anything to the contrary set forth herein or in the Lease, commencing as of the Third Extension Term Commencement Date with respect to the Existing Parking Allotment and ending on December 31, 2020, Tenant shall pay Garage Tenant or, if Garage Tenant so directs, the Garage Operator for the number of parking privileges from time to time subscribed for by Tenant under this Section 8 at a rate of [***].

  • Tenant agrees that because Tenant is currently occupying the Reduced Premises and will continue to occupy the Reduced Premises as of the Extension Term Commencement Date that Landlord (its agents, employees and contractors) shall have the right to enter the Reduced Premises to allow Landlord to perform certain construction and remodeling work in connection with the construction of the Finish Work.

  • The Base Rent for the Premises during the Extension Term shall be subject to annual upward adjustments of three percent (3%) of the then-current Base Rent, with the first adjustment becoming effective commencing on the first (1st) anniversary of the Extension Term Commencement Date and subsequent adjustments becoming effective on every successive anniversary of the Extension Term Commencement Date.

  • From and after the Extension Term Commencement Date, the term “Premises,” when used in reference to the Extension Term, shall mean the Original Premises plus the Additional Premises.

  • Commencing on the Extension Term Commencement Date and continuing thereafter through the remainder of the Extension Term, for the purposes of calculating the Additional Rent payable with respect to the Suite 500 Space, the Base Year shall be amended to be the calendar year 2022.

  • Notwithstanding anything to the contrary in the Lease, commencing on the Extension Term Commencement Date, Tenant’s Pro Rata Share shall equal 7.96%.


More Definitions of Extension Term Commencement Date

Extension Term Commencement Date shall have the meaning ascribed to such term in Section 2.2(d) hereof.
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Extension Term Commencement Date means October 1, 2007.
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Extension Term Commencement Date has the meaning set forth in Section 2.4 of the Lease.
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Related to Extension Term Commencement Date

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

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

  • Rent Commencement Date means the Commencement Date.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Commencement Date means the date of this Agreement;

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Offering Commencement Date means the first day of each Offering Period.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

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

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Extended Term shall have the meaning set forth in Section 2.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

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

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.