Lease Term definition

Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

Lease Term has the meaning described in Section 3.01.

Lease Term means the period between the Commencement Date and the Expiration Date (as such terms are hereinafter defined), unless sooner terminated as otherwise provided in this Lease.

Examples of Lease Term in a sentence

• So long as Tenant pays the Monthly Rent and Additional Rent and there exists no defaults under any of the terms of this Lease, Tenant may peacefully occupy the Unit for the Lease Term.

• Tenant shall not make any alterations, additions, modifications and/or changes to the Unit during the Lease Term.

• Thereafter, the Fixed Rent shall increase by two and one half percent (2 ½%) per annum for the remainder of the Lease Term.

• The Landlord grants to the Tenant the option to purchase the property at any time after the first year of the term of this Agreement, and before the end of the fifth year of the Lease Term, provided Tenant is not in default of the terms of this Lease.

• The entire amount of rent due for the Lease Term is due upon signing this Lease; however, Landlord consents to the Tenant paying same in monthly installments provided there exists no defaults by Tenant under the terms of this Lease.

More Definitions of Lease Term

Lease Term means the Original Term and all Renewal Terms.

Lease Term. ("Starting Date") to ("Ending Date")

Lease Term means the term of this Lease as stated in Section 4 of this Lease.

Lease Term means the duration of the leasehold estate created by the Lease Agreement as specified in Section 4.2 of the Lease Agreement.

Lease Term shall have the meaning described in Section 4.

Lease Term means, in respect of any Master Lease Agreement and Rental Addendum, the period commencing on the Commencement Date and ending on the Termination Date, and in respect of an individual leased vehicle, the period agreed with successful Bidders on each vehicle schedule, or on aggregate for a similar LOT, determined as a specified lease period.

Lease Term means the period from the effective date of the Lease until the expiration thereof pursuant to Section 3.2 of the Lease.