First Variable Rent Period. As defined in clause (b)(ii)(A) of the definition of “Rent.”
Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.
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.
Base Term Commencing (i) with respect to the Existing Premises on the Commencement Date, (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date and (iii) with respect to the Second Expansion Premises on the Second Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 16, 2016 (“Expiration Date”).”
Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.
Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.
Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.
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).
Base Rent As defined in Section 3.1.
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:
Original Term shall have the meaning specified in Section 10 hereof.
Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.
Extension Term means the time period defined in §2.C.
First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.
Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.
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.
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.
Commencement Date means the date of this Agreement;
Monthly Base Rent The monthly rent specified in Section 1.01(8).
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.
Annual Fixed Rent See Exhibit A, and Section 3.1.
Rent Commencement Date means the Commencement Date.
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.
Lease Termination Date means the last day of the Lease Term.
Extended Term shall have the meaning set forth in Section 2.
Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.
Loan Year means each period of twelve (12) consecutive months commencing on the Closing Date and on each anniversary thereof.