Primary Lease Term definition

Primary Lease Term. The term of the Lease shall commence at 12:01 a.m. on the 1st day of May 2003, and shall terminate at 12:00 midnight on the 31 day of October 2003, of a term of six months. Tenant may terminate earlier than six months by giving Landlord ninety (90) days' prior written notice.
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Primary Lease Term means the initial term of this Lease beginning on the Commencement Date and ending on the Expiration Date.
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Primary Lease Term means the period of five (5) years commencing from the time of Delivery;
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Examples of Primary Lease Term in a sentence

  • Tenant covenants and agrees to pay Base Rent to Landlord throughout the Primary Lease Term of this Lease in equal monthly installments, in advance, commencing on the Rent Commencement Date, and thereafter on the first (1st) day of each calendar month during the Term.

  • Subject to the terms and conditions of this Lease, and as a condition of the Asset Purchase Agreement, Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Premises in their "as-is" condition for the Primary Lease Term.


More Definitions of Primary Lease Term

Primary Lease Term means the initial term of this Lease, which will be approximately sixty-nine months, beginning on the Rent Commencement Date and ending on the “Expiration Date” (as defined below), unless terminated earlier or extended further as provided in this Lease. The “Expiration Date” means (i) if the Commencement Date is the first day of a month, the 69th month anniversary of the day immediately preceding the Rent Commencement Date; or (ii) if the Commencement Date is not the first day of a month, the 69th month anniversary of the last day of the month in which the Rent Commencement Date occurs.
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Primary Lease Term means a term of 84 months.
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Primary Lease Term means the initial contract period beginning on the Contract Start Date for any Equipment as specified in Section 3(a)(1).
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Primary Lease Term means the initial term of this Lease beginning on theCommencement Date and ending on January 31, 2045.
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Primary Lease Term means, with respect to any Deferred Phase, the period described under the heading “Special Provisions Regarding Terminal B Phasing and Transition and Prior Special Facilities Leases—Deferred Phases: Primary Lease Term and Full Lease Term” herein.
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Related to Primary Lease Term

  • 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.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.