Maximum Lease Termination Date definition

Maximum Lease Termination Date means, with respect to any Lease Vehicle, the earlier of (x) the last Business Day of the month that is 48 months after the month in which the Vehicle Operating Lease Commencement Date occurs with respect to such Lease Vehicle and (y) the last Business Day of the month that is 72 months after December 31 of the calendar year prior to the model year of such Lease Vehicle.
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Maximum Lease Termination Date means, (i) with respect to any Lease Vehicle that is a passenger automobile, van or light-duty truck, the earlier of (x) the last Business Day of the month that is 48 60 months after the month in which the Vehicle Operating Lease Commencement Date occurs with respect to such Lease Vehicle and (y) the last Business Day of the month that is 72 months after December 31 of the calendar year prior to the model year of such Lease Vehicle and (ii) with respect to any Lease Vehicle that is a medium-duty truck, the last business day of the month that is eighty-four (84) months after December 31 of the calendar year prior to the model year of such medium-duty truck.”
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Maximum Lease Termination Date means, with respect to any Lease Vehicle, the earlier of (x) the last Business Day of the month that is 48 months after the month in which the Vehicle Lease Commencement Date occurs with respect to such Lease Vehicle and (y) the last Business Day of the
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Examples of Maximum Lease Termination Date in a sentence

  • As a guide, the analytical steps may be as follows: • Predict the trends in daily flows, salinities and salt loads at the proposed target site, assuming that no further actions take place and that delayed salinity impacts continue to accrue.

  • Each Lessee shall return each Lease Vehicle leased by such Lessee on or prior to such Lease Vehicle’s Maximum Lease Termination Date to the Master Servicer at the location for such Lease Vehicle’s return reasonably specified by the Master Servicer (taking into account transportation costs and expected realizable disposition proceeds).

  • US $1,103,229* (AED 4,048,847) This includes Approved budget plus faculty and staff expenditures, plus vacation tickets, dependents school fees, accrued gratuity, and medical insurance.

  • Lessee currently intends, subject to the provisions of Section 3.3, to continue this Lease through the Maximum Lease Termination Date and to pay the Rental Payments hereunder.


More Definitions of Maximum Lease Termination Date

Maximum Lease Termination Date in Schedule I to the Lease is hereby amended by inserting into the text thereof the text that is underlined and bolded, in each place indicated below:
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Maximum Lease Termination Date means the Original Term and all Renewal Terms through the final Rental Payment Date listed on Exhibit A, provided that the Maximum Lease Termination Date will not be later than the date which is earlier of: (a) 4 years and 3 months following the date hereof; or (b) the date all amounts advanced by Lessor to Lessee under the PSA, the repayment of which is described on Exhibit A, have been repaid in full.
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Related to Maximum Lease Termination Date

  • Lease Termination Date means the last day of the Lease Term.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Accretion Termination Date As defined in the Series Supplement.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Accrual Termination Date Not applicable.

  • Agreement Termination Date is defined in Section 7.4.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Termination Date Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.