Operating Commencement Date definition

Operating Commencement Date means the date of issuance of NTP2.
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Operating Commencement Date means, subject to clause 3.4 (Required Documents – Operating Commencement Date), the later of:
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Operating Commencement Date means the date that the casino, hotel, meeting, incentive travel, convention and exhibition facilities of the Integrated Resort and at least 5▇ ▇▇▇ ▇▇▇▇. (▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇) of the Retail Properties have commenced operations.
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Examples of Operating Commencement Date in a sentence

  • TxDOT and Developer shall enter into the Lease as of the Operating Commencement Date.

  • The term of the Lease shall commence upon the Operating Commencement Date that first occurs, and shall continue until the date that is 52 years after the Effective Date; provided that the Lease shall be subject to earlier termination in accordance with the terms of this Agreement and the Lease shall be subject to extension under Section 13.1.4.

  • The Lease shall take effect upon the Operating Commencement Date and shall remain in effect until the 52nd anniversary of the Effective Date, unless earlier terminated in accordance with the terms of this Agreement or extended pursuant to Section 27.1.3.

  • The term of the Lease shall commence upon the Operating Commencement Date that first occurs and shall continue until the date that is 52 years after the Effective Date; provided that the Lease shall be subject to earlier termination in accordance with the terms of this Agreement and the Lease shall be subject to extension under Section 13.1.4.

  • As of such date, but not before then, and as a ministerial act, TxDOT and Developer shall date the Lease and Memorandum of Lease, obtain acknowledgment of their signatures on the Memorandum of Lease by a Texas notary public, attach all legal descriptions pertaining to the Project for which the Operating Commencement Date occurs, and each Party shall deliver to the other Party, and the other Party shall accept, the Lease and Memorandum of Lease, whereupon the Lease shall take effect.

  • The term of the Lease shall commence upon the Operating Commencement Date and shall continue until the date that is 52 years after the Effective Date; provided that the Lease shall be subject to earlier termination in accordance with the terms of this Agreement and the Lease shall be subject to extension under Section 13.1.4.

  • Month 109 following the Term $818,655.00 $135,698.00 $954,353.00 per month plus Operating Commencement Date through Month 120: per month per month Expenses per Paragraph 7 of this Lease.

  • Month 97 following the Term $794,811.00 $131,746.00 $926,557.00 per month plus Operating Commencement Date through Month 108: per month per month Expenses per Paragraph 7 of this Lease.

  • Month 73 following the Term $749,185.00 $124,183.00 $873,368.00 per month plus Operating Commencement Date through Month 84: per month per month Expenses per Paragraph 7 of this Lease.

  • Month 49 following the Term $706,179.00 $117,055.00 $823,234.00 per month plus Operating Commencement Date through Month 60: per month per month Expenses per Paragraph 7 of this Lease.


More Definitions of Operating Commencement Date

Operating Commencement Date means the date upon which the Operator commences operations provided that NTA/TII has confirmed to the Operator that it has satisfied each of the conditions referred to in clause 4.3 (Required Documents – Operating Commencement Date) in form and substance satisfactory to NTA/TII.
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Operating Commencement Date means, for each Project Element, a date that is twenty four (24) months immediately following the date of issuance by the City of the final Certificate of Occupancy for the development of the Project Element.
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