Lease Effective Date definition

Lease Effective Date means the date on which all of the conditions precedent set forth on Schedule 5.1 to the Facility Lease have been satisfied or waived by the appropriate Party.

Lease Effective Date means the effective date of the Lease (or the date the term of the Lease begins) that is shown, or to be shown, on the Lease agreement between the Owner and a tenant.” [Adopted 1/10/08.]

Lease Effective Date shall have the meaning given to it in the WEPCO Facility Lease; provided, however, if the WEPCO Facility Lease has terminated or expired prior to the Lease Effective Date, Lease Effective Date shall mean the date on which the Unit shall have achieved Commercial Operation, as defined in the WEPCO Facility Lease.

Examples of Lease Effective Date in a sentence

• Notwithstanding anything to the contrary set forth in this Lease or otherwise, except as otherwise expressly provided in the Bankruptcy Plan relative to the Tax Refund Escrow Agreement, Lessor shall not be required to pay, make or give to Tenant, and Tenant shall not be entitled to, any credits, offsets, prorations or payments of any kind or nature whatsoever on account of any payment, nonpayment or other event occurring prior to the Existing Lease Effective Date.

• During the period beginning with the Lease Effective Date and ending on the last day of the Lease Term, Resident shall deposit the sum specified in Section 1 with Landlord as a security deposit, to secure complete and faithful compliance by Resident with all terms and conditions of this Lease Agreement, and of all other obligations imposed upon Resident by applicable laws.

• Unless otherwise determined under Section 1.2(b), for all Investments under construction (and prior to deemed completion and in-service) begun after the Lease Effective Date, the Applicable Cost of Debt (in %) shall be equal to the actual interest rate paid by Lessor to finance the cost of constructing such Investments.

• This Lease takes effect on <Lease Effective Date> and is granted for a primary term of ten (10) years and so long thereafter as coal is produced from such lands in commercial quantities, subject to all of the terms and conditions herein set forth.

• For Investments deemed completed and in-service after the Lease Effective Date, at anytime after the Investments are eighty percent (80%) or more complete, but in any event no later than prior to the expected in-service date of the Investments, Lessor shall select a cost of debt (in %) from the Cost of Debt Index during such period based on the lowest rated senior unsecured long term debt of WEC.

More Definitions of Lease Effective Date

Lease Effective Date means the first day of the Month in which the Substantial Completion Date occurs.

Lease Effective Date has the meaning given to it in clause 2.1;

Lease Effective Date shall have the meaning set forth in Section 5.1.

Lease Effective Date means the date on which the 1999 Certificates of Participation have been paid in full, defeased or deemed to have been paid in full.

Lease Effective Date means the date on which the 1999 Certificates are no longer outstanding and all of the conditions for the increase in Commitment (as defined in the Line of Credit) have been satisfied as required by Section 4.05 of the Revolving Credit Agreement.

Lease Effective Date is the day after the Option is exercised.

Lease Effective Date has the meaning set out in Section 2.4.