Primary Lease Term definition
Examples of Primary Lease Term in a sentence
The interim term of the lease of the Equipment shall commence on the Acceptance Date and shall continue until the commencement of the Primary Lease Term defined below.
This monitoring initiative, partially, builds on these experiences and the methodology developed and refined by ODIHR over the past decades.This Interim Report, which covers the period from the beginning of the armed conflict in February until the end of June 2022, offers initial findings and recommendations connected to violations of international humanitarian and human rights law in Ukraine, by both the Russian Federation and Ukrainian military forces.
Tenant shall pay all costs for work done by or for Tenant in the Premises (including work performed by Landlord or its contractor at Tenant's request following the commencement of the Primary Lease Term) and Tenant will keep the Premises and the Building Complex free and clear of all mechanics' and other liens on account of work done by or for Tenant or persons claiming under it, excluding any Tenant Finish Work performed by Landlord pursuant to the Work Letter.
After the first two (2) years of the Primary Lease Term, Tenant shall have the right of first offer to lease a portion, up to all of the Additional Space as provided in Subsection 37.01, subject to the following provisions.
Tenant agrees to pay Landlord during the first full Lease Year of the Primary Lease Term Base Rent at a rate of $12.50 per year per rentable square foot for year one.