First Basic Rent Date definition

First Basic Rent Date means January 15, 1996.
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First Basic Rent Date has the meaning set forth in Schedule 2.
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First Basic Rent Date. Last Basic Rent Date," "Expiration Date," "Casualty Value," and "lessor's Cost" shall have the meaning set forth in the relevant Equipment Schedule.
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Examples of First Basic Rent Date in a sentence

  • Basic Rent Date: the First day of each and every calendar month from and including the First Basic Rent Date through the Last Basic Rent Date.

  • The following terms shall have the respective meanings set forth for such terms in Schedules No. 2 and 2- A for all purposes of the Lease: Basic Rent Date, Basic Rent Percentage, Basic Term, Expiration Date, First Basic Rent Date, Last Basic Rent Date, Lessor’s Cost and Rent Commencement Date.

  • Rent Commencement Date: May 1, 2002 Basic Term: 144 months commencing with the Rent Commencement Date through and including the Expiration Date Basic Rent Dates: the 1st day of each and every calendar month from and including the First Basic Rent Date through and including the Last Basic Rent Date First Basic Rent Date: May 1, 2002 Last Basic Rent Date: April 1, 2014 Expiration Date: April 30, 2014 Lessee’s Exact Legal Name: Copart, Inc.

  • The following terms shall have the respective meanings set forth for such terms in Schedules No. 2 and 2-A for all purposes of the Sublease: Basic Rent Date, Basic Rent Percentage, Basic Term, Renewal Term, Daily Rent Percentage, Expiration Date, First Basic Rent Date, Last Basic Rent Date, Lessor’s Cost and Rent Commencement Date.


More Definitions of First Basic Rent Date

First Basic Rent Date. Last Basic Rent Date," "Expiration Date," and "Casualty Value," when used with respect to the leasing of any Items of Equipment, shall have the meanings set forth in the applicable Equipment Schedule or Certificate of Acceptance attached to such Equipment Schedule for such Items of Equipment.
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First Basic Rent Date means, with respect to any Lease, the date upon which the first periodic rent payment is due, following installation of all of the Equipment under the Lease.
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First Basic Rent Date. The first day of the calendar month following Lessee's acceptance of all of the Equipment subject to this Lease.
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Related to First Basic Rent Date

  • 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.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Commencement Date means the date of this Agreement;

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • 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.

  • 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.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • 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.

  • Base Rent As defined in Section 3.1.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Rent Commencement Date means the Commencement Date.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • 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.

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

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • 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).

  • Installment Date as defined in Section 2.12.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Lease Date means the later date upon which this Lease is signed by Landlord and Tenant.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

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

  • 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: