Full Rent Commencement Date definition

Full Rent Commencement Date. Is defined in Article 6.2 hereof. GAAP: United States generally accepted accounting principles as in effect from time to time, consistently applied throughout the specified period.
Sample 1Sample 2
Full Rent Commencement Date means the earlier of:
Sample 1
Full Rent Commencement Date shall be the date upon which the Historic Lease Credit is no longer applicable due to the expiration of the Historic Lease.
Sample 1

Examples of Full Rent Commencement Date in a sentence

  • From and after the Full Rent Commencement Date, the MAG shall no longer be prorated.

  • The first MAG adjustment Date shall occur on the anniversary of the Full Rent Commencement Date.

  • Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the fourth (4th) anniversary of the Full Rent Commencement Date for pre-security locations and after the fifth (5th) anniversary of the Full Rent Commencement Date for post-security locations (the “Mid-Term Refurbishment Date”).

  • For example: If the Full Rent Commencement Date occurs on March 1, 2010, the first MAG Adjustment Date shall occur on March 1, 2011 and every March 1 thereafter until expiration of the Lease term.

  • On the Ground Lease Full Rent Commencement Date, DISTRICT shall authorize escrow agent to disburse any remaining balance in the escrow account to CREATIVE.

  • The parties shall enter into a supplemental memorandum setting forth the Ground Lease Full Rent Commencement Date, the Ground Lease Commencement Date, and expiration date of the Initial Term.

  • In the event Tenant completes its improvements and desires to open one or more Facilities for business prior to the Full Rent Commencement Date, Tenant shall pay the greater of 70% of Gross Revenues or a prorated Minimum Annual Guarantee (“MAG”).

  • All rental payments due from the Ground Lease Commencement Date until the Ground Lease Full Rent Commencement Date shall be due monthly in advance on or before the fifth working day of each month following the Ground Lease Commencement Date.

  • It is planned that the papers in this panel will form the basis for an edited collection.

  • The term of this Lease (the “Lease Term”) shall commence on the Full Rent Commencement Date and, unless sooner terminated or extended as provided in this Lease, shall end on the Lease Expiration Date; provided, however, that the Lease Term shall be subject to extension as provided in Article 45 hereof.


More Definitions of Full Rent Commencement Date

Full Rent Commencement Date means the first day of the month following the month in which the Acquisition Date occurs.
Sample 1
Full Rent Commencement Date shall be February 1, 2021 regardless of opening date. The term shall end at 11:59 p.m. on the last day of the 5th year, (January 31, 2026) (the “Termination Date”) unless sooner terminated as herein provided (the “Lease Term”).
Sample 1
Full Rent Commencement Date means the 540th day after the Commencement Date, unless the Commencement Date is the 1st day of a calendar month, in which event the “Full Rent Commencement Date’ means the 1” day of the 19” calendar month of the initial Lease Term.
Sample 1
Full Rent Commencement Date means the date that is forty five (45) days after all the following have occurred: (i) Landlord shall have delivered, and Tenant shall have accepted, possession of the Premises in the condition required under the Lease, (ii) Tenant shall have obtained all permits and other approvals (including, without limitation, approvals from any mortgagee that may be required) for the commencement of construction of its work to prepare the Premises for its occupancy, (iii) Landlord shall have delivered to Tenant a non-disturbance agreement from the holder of any mortgage affecting the Premises substantially in the form annexed hereto as Exhibit A, and (iv) all contingencies set forth in Section 8.8 of the ASPA shall have been satisfied and the closing under the ASPA shall have occurred.
Sample 1

Related to Full Rent Commencement Date

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

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

  • 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.

  • Commencement Date means the date of this Agreement;

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • 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.

  • Billing Commencement Date means the earlier of:

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

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

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

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

  • 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.

  • 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.

  • Quarterly Commencement Date means the 20th day of each of March, June, September and December in each year.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 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.

  • 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.

  • 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.

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

  • Recommencement Date As defined in Section 6(d) hereof.

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.

  • 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.

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

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

  • 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;