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.

Interim Term Commencement Date means the date on which Lessor makes the first Progress Payment.

Examples of Interim Term Commencement Date in a sentence

All interest, if any, earned on the Accounts shall accrue to the benefit of the applicable Owner.
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 April , 2014.
Sending Participant personnel will receive an adequate orientation session from their Participating Agency prior to deployment and another briefing from the Receiving Participant upon arrival.
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.
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.

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.

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.

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.

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.