Examples of Final Rent Payment Date in a sentence
The Company shall not have the right to terminate this Agreement prior to the Final Rent Payment Date without the prior written consent of Arabica.
If on the Final Rent Payment Date, after giving effect to the Rent payment to be made on such date, Tensar has not exercised the Call Option, or TCO has not exercised the Put Option, collectively, as to all of the Leased Assets, then on such date Tensar shall deliver, at Tensar’s expense, all of the Leased Assets to TCO (or to a third party designated by TCO) at a location or locations within the continental United States as specified in writing by TCO or such third party.
Any exercise of the Call Option as of the Final Rent Payment Date shall be for all of the Leased Assets then subject to this Agreement and any exercise of the Call Option as of any other date may be for all or any portion of the Leased Assets as specified by Tensar.
The term for the lease and purchase financing of the Leased Assets hereunder (the “Term”) shall commence on the Effective Date and, unless sooner terminated in accordance with this Agreement, the Call Option Letter or the Put Option Letter, shall end on the Final Rent Payment Date.