Initial Term Commencement Date definition

Initial Term Commencement Date means Initial Term Commencement Date as defined in Paragraph 5.
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Initial Term Commencement Date means January 1, 1999.
Sample 1

Examples of Initial Term Commencement Date in a sentence

  • Pursuant to the Construction Agreement, the Expansion and other improvements to the Leased Premises constructed and/or installed by Landlord will be constructed or installed pursuant to plans and specifications approved by Tenant and with architects and contractors approved by Tenant, and Tenant and will be presumed as of the Initial Term Commencement Date to have accepted the Leased Premises in their then existing condition subject to the terms of the Permitted Exceptions.

  • The initial term of this Agreement shall be for ten (10) full calendar years (“Initial Term”) and shall commence on the Initial Term Commencement Date, as reasonably determined by Mxxxxxxxxxx.

  • Morehead, Kentucky Facility Products: tomatoes, cucumbers and, or peppers Growing Acres: 60 Initial Term: 10 years Initial Term Commencement Date: date of commercial harvest of first crop Mxxxxxxxxxx is engaged in business as an importer, marketer and dealer of fruits and vegetables, with experience in domestic and international markets.

  • Upon the Initial Term Commencement Date (as hereafter defined), the “Building” shall include all buildings, building expansions and improvements located on the Land other than those that are Tenant’s removable trade fixtures, furnishings, equipment, the greenhouses located on the Land, and all other personal property of Tenant contained in the Leased Premises including supplies and inventory located in the Leased Premises (collectively, the “Personal Property”).

  • On or after the Initial Term Commencement Date, and subject to the Tenant having obtained all Consents necessary in respect of such works, the Tenant shall commence and carry out the Sixth Floor A Works.

  • The Preliminary Term of this Lease (the “Preliminary Term”) commenced on the date hereof (the “Preliminary Commencement Date”) and shall end on the date immediately preceding the Initial Term Commencement Date (as hereafter defined).

  • Within ten (10) days after the Initial Term Commencement Date is ascertainable, Landlord and Tenant shall enter into a supplemental agreement specifying the actual date for the Initial Term Commencement Date and expiration of the Initial Term and the Base Rent during the Initial Term, as determined by the terms for calculating Base Rent set forth in the Construction Agreement.

  • If Tenant intends to exercise either the First Option or the Second Option, Tenant shall give written notice ("OPTION EXERCISE NOTICE") to Landlord that it is making an irrevocable exercise not later than twelve (12) months prior to the first day of the one hundred eightieth (180th) month following the Initial Term Commencement Date or, if the First Option is not exercised, twelve (12) months prior to the first day of the two hundred fortieth (240th) month following the Initial Term Commencement Date.

  • As of the date of this Lease, Landlord and Tenant anticipate that the Initial Term Commencement Date will be August 18, 2006, and that the Initial Term Termination Date will be August 17, 2026.

  • Subject to the Base Rent Adjustment (as hereafter defined), commencing on the Initial Term Commencement Date, the annual Base Rent applicable to the Initial Improvements for the first twelve months following the Initial Term Commencement Date shall be One Million, Six Hundred Fifty Four Thousand, Ninety Six and 46/100ths Dollars ($1,654,096.46).

Related to Initial Term Commencement Date

  • 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.

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

  • 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.

  • Commencement Date means the date of this Agreement;

  • 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.

  • Initial Term has the meaning set forth in Section 7.1.

  • 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.

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

  • Rent Commencement Date means the Commencement Date.

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

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

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

  • 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.

  • 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.

  • 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;

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

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Billing Commencement Date means the earlier of:

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • 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.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Term Start Date has the meaning set forth in Section 1.01.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

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