Examples of Ground Lease Commencement Date in a sentence
Beginning on the Ground Lease Commencement Date, Escrow agent shall disburse each month to DISTRICT the rent due pursuant to the terms of this Ground Lease.
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.
Commencing on the Ground Lease Commencement Date and until the Ground Lease Full Rent Commencement Date, Tenant shall pay to the District as annual rental one-half (1/2) of the amount of the annual rental reflected on Exhibit “3” for the first five (5) years of the initial term (but payable one-twelfth (1/12th) each month).
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.
The initial rent shall be due on the Ground Lease Commencement Date and shall be a pro rata amount of such monthly rent as provided in paragraph 4.1, in the event the Ground Lease Commencement Date is a date other than the first of a calendar month.
The parties shall enter into a supplemental memorandum setting forth the Ground Lease Commencement Date and expiration date of the Initial Term.
Commencing on the Ground Lease Rent Commencement Date and until the Ground Lease Commencement Date, Tenant shall pay to the District as rental one-half ( 1/2) of the amount of rental on Exhibit “3”.
The deposit shall consist of Tenant's paid-up rent for the initial twenty-four (24) months of this Ground Lease commencing as of the Ground Lease Commencement Date.
All rental payments due from the Ground Lease Rent Commencement Date until the Ground Lease Commencement Date shall be due monthly in advance on or before the fifth working day of each month following the Ground Lease Rent Commencement Date.
The provision of this Section 10.3 are intended only to allocate the burden of establishing causation between the Tenant and the District with respect to environmental contamination discovered before and after the Ground Lease Commencement Date.