Examples of Primary Term in a sentence

Tenant shall maintain a fence around the Solar Farm for the duration of the Primary Term and any extensions thereto.
When used with reference to the duration of this Lease, “Term” shall mean the Initial Term, the Primary Term, and any Extension Terms as provided in Section 5.2.
As consideration to support this amendment to the Contract, the Parties agree that the Primary Term, as defined in Section 1.1 and in accordance with Section 1.3 of the Contract, is extended from June 30, 2026 to June 30, 2027.
Effective as of the first day of the third Lease Year of the Primary Term and as of the first day of each Lease Year thereafter the Annual Small Project Cap shall be adjusted by the increase, if any, in the CPI between the first day of the first Lease Year of the Primary Term and the first day of the third Lease Year of the Primary Year and with similar adjustments for each consecutive one-year period thereafter during the Term.
The initial term of this Lease (the “Initial Term”) shall commence on the date hereof and continue until the “Commencement Date” of the Primary Term which is the later to occur of (i) September 1, 2003 or (ii) the Completion Date.

More Definitions of Primary Term

Primary Term as set forth in the Rental Schedule.

Primary Term means the basic pe- riod of time for which a lease is issued during which the lease contract may be kept in force by payment of rentals.

Primary Term means a term of ONE (1) year from and including the Effective Date of this Lease.

Primary Term has the meaning set forth in Section 5.1 of this Agreement.

Primary Term shall have the meaning set forth in Section 6.1.