Interim Term Commencement Date definition

Interim Term Commencement Date the date on which Lessee accepts the Equipment as set forth in a Rental Schedule.
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Interim Term Commencement Date means the date set forth in the applicable Lease Supplement as the Interim Term Commencement Date.
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Interim Term Commencement Date means the date on which Lessor makes the first Progress Payment.
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Examples of Interim Term Commencement Date in a sentence

  • The interim term of this Lease (the "Interim Term") for each Unit shall commence on the applicable Interim Term Commencement Date and subject to earlier termination pursuant to Sections 10, 11 and 15, shall expire on the Interim Term Expiration Date.

  • The Interim Term Commencement Date of this Rental Schedule is December , 2014.

  • The Interim Term Commencement Date of this Rental Schedule is April , 2014.

  • Interim Term: 12 months Primary Term: 30 months The Interim Term Commencement Date of this Rental Schedule is January____, 2012.

  • Lessor and Lessee agree that if the Interim Term Commencement Date is any day prior to the first Interim Term Rent Payment Date, an additional Interim Term Rent payment for the period between the Interim Term Commencement Date and the first Interim Term Rent Payment Date, calculated at the daily rate set forth above in the amount of $ shall be due on the Interim Term Commencement Date.

  • Lease Term: 48 Months The Interim Term Commencement Date of this Rental Schedule is _______________.

  • On the Interim Term Commencement Date, Tenant shall deposit with Landlord an amount equal to Fifteen Thousand Dollars ($15,000.00) (the “Rent Deposit”).

  • Interim Term: 24 months Primary Term: 36 months The Interim Term Commencement Date of this Rental Schedule is , 201 .

  • Such Term(s) shall be documented with a separate writing, prior to the Interim Term Commencement Date, such that (i) this Lease does not become subject to Pennsylvania transfer tax, and (ii) the Term(s) of this lease shall be such that Tenant may report and account for this Lease as an operating lease (not a capital lease), as that term is generally defined for accounting purposes.


More Definitions of Interim Term Commencement Date

Interim Term Commencement Date means generally, the date of delivery of the Lease by Lessor and Lessee, and with respect to each Property, the Property Closing Date for such Property.
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Interim Term Commencement Date means, with respect to an Equipment Group, the date on which Lessor disburses funds for the purchase of such Equipment Group, as determined by Lessor in its sole discretion.
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Interim Term Commencement Date means, with respect to an Equipment --------------------------- Group, the date on which Lessor disburses funds for the purchase of such Equipment Group, as determined by Lessor in its sole discretion, (c) Section 6 of the Master Lease ("Ordering Equipment") is hereby amended to delete the term "Rent Commencement Date" and to substitute the term "Interim Term Commencement Date" in its place and (d) Section 22(a)(9) of the Master Lease ("Events of Default; Remedies") is hereby amended to delete the term "Rent Commencement Date" and to substitute the phrase "Rent Commencement Date or Interim Term Commencement Date, as the case may be," in its place.
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Interim Term Commencement Date means the date on which Lessor disburses funds for the purchase of the Aircraft, as determined by Lessor in its sole discretion.
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Related to Interim 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.

  • 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.

  • 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.

  • Commencement Date means the date of this Agreement;

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

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

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

  • 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;

  • 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.

  • 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.

  • 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;

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

  • 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.

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

  • 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;

  • 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.

  • Billing Commencement Date means the earlier of:

  • 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.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

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

  • 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.

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

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

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • 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.

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