First Rent Date definition

First Rent Date means August 8, 1996.
First Rent Date as used herein for each Lease Schedule shall be the first day of a month immediately following the last Commencement Date thereunder, provided however, if such Commencement Date is the first day of a month, such day shall constitute the First Rent Date. The "Basic Term" as used herein shall be that period for each Lease Schedule that begins on the First Rent Date and ends on the last day of the last Rental Installment Period as specified in the Lease Schedule. Lessee shall deliver to Lessor a Certificate of Acceptance in the form annexed hereto as Exhibit B within five (5) business days of each Unit's Commencement Date, but in now event later than the date payment is due under the purchase documentation for such Unit. If Lessee fails to so deliver such certificate, Lessee shall be deemed to have accepted the Unit as installed and operational as of such Commencement Date unless Lessee notified Lessor to the contrary within such period.
First Rent Date means January 10, 1997.

Examples of First Rent Date in a sentence

  • For Selected Receivables with a Payment Frequency of “skip” or “step,” we were instructed by the Company to compare the payments for collateral with the same Contract ID based on the First Rent Date and Payment Dates stated in the respective Receivable File document.

  • Rent Date shall mean the First Rent Date and the numerically corresponding date of each and every subsequent month during the Term, or (if there is no corresponding date in any month), the last day of such month.

  • Attributes Receivable File/Instructions Payment Frequency Lease/Loan Agreement, Assignment Agreement, or Specification Agreement, taking into consideration whether the payments were made in advance or in arrears for equipment with the same Contract ID based on the First Rent Date and Payment Dates stated in the respective Receivable File document Lease Type Lease/Loan Agreement or Assignment Agreement.

  • The "Basic Term" as used herein shall be that period for each Lease Schedule that begins on the First Rent Date and ends on the last day of the last Rental Installment Period as specified in the Lease Schedule.

  • Company’s Instruction: For Selected Receivables with a Payment Frequency of “skip” or “step,” compare the payments for collateral with the same Contract ID based on the First Rent Date and Payment Dates stated in the respective Receivable File.

  • The "Interim Term" as used herein shall be that period for each Unit which begins on and includes its Commencement Date and continues through the day immediately prior to the First Rent Date.

  • The "First Rent Date" as used herein for each Lease Schedule shall be the first day of a month immediately following the last Commencement Date thereunder, provided however, if such Commencement Date is the first day of a month, such day shall constitute the First Rent Date.

  • Attribute Receivable File / Instructions Payment Frequency Lease/Loan Agreement, Assignment Agreement, Specification Agreement For Selected Receivables with a Payment Frequency of “skip” or “step,” compare the payments for collateral with the same Contract ID based on the First Rent Date and Payment Dates stated in the Receivable File.


More Definitions of First Rent Date

First Rent Date means the Delivery Date.
First Rent Date means November 4, 1996.

Related to First 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.

  • Consent Date has the meaning set forth in Section 2.09(a) hereof.

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

  • Rent Commencement Date means the 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.

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

  • 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.

  • First Reset Date means the date specified in the relevant Final Terms or Pricing Supplement, as applicable;

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • First Remittance Date With respect to each Mortgage Loan Package, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of the calendar month immediately following the Closing Date; provided, however, if the Servicing Transfer Date is not one (1) or more Business Days prior to the first day of such calendar month, such date will be the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of the next succeeding calendar month.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Stated Principal Balance is less than 10.00% of the Cut-off Date Balance.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

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

  • 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.

  • 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).

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

  • First Offer Period has the meaning set forth in Section 13.5.

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

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