Interim Term the period from and including the Interim Term Commencement Date to but not including the Primary Term Commencement Date.
Interim Term for each Item of Equipment means the period commencing on the Acceptance Date for such Item (unless the Acceptance Date is the Basic Term Commencement Date, in which case there shall be no Interim Term for such Item) and ending on the date immediately prior to the Basic Term Commencement Date.
Interim Term means the period of time from the execution of this Lease until the beginning of the Initial Term.
Examples of Interim Term in a sentence
The Term of this Agreement is covered by two term periods, the Interim Term and the Perpetual Term.
More Definitions of Interim Term
Interim Term shall have the meaning specified in Section 3.1 of the Lease.
Interim Term means the period commencing on the Delivery Date and ending on and including the day immediately preceding the Commencement Date unless earlier terminated in accordance with the provisions hereof.
Interim Term shall have the meaning given to such term in Section 2.2 of the Lease.
Interim Term for this Lease shall commence upon the commencement date set forth in the applicable Rental Schedule and shall end on the commencement date of the Primary Term.
Interim Term is defined in Section 3(a) of the Master Lease.
Interim Term for each Equipment Schedule, the period from the effective date thereof to the Base Lease Commencement Date.
Interim Term for each Item of Equipment means the period commencing on the first Funding Date for such Item and ending on the Basic Term Commencement Date.