Remainder Term definition

Remainder Term means the period that begins on the date the HOPWA Term expires or is terminated by the County pursuant to Section 2.5, and ends on the last day of the HOME Term.

Remainder Term shall commence at the end of the Primary Term, or any extended term, as applicable, and shall continue until Lessee shall have fully complied with all of its reclamation, environmental and other obligations hereunder. Mineable and merchantable coal, as used herein, means coal that can be mined and marketed at a reasonable profit to Lessee when reached in the normal course of mining by the use of modern practical and efficient machinery, facilities, methods and management.

Remainder Term shall commence at the end of the Primary Term or any extended term, as applicable, and shall continue until Sublessee shall have fully

Examples of Remainder Term in a sentence

• HOPWA Units that become vacant during the Remainder Term may be made available for occupancy by Very Low Income Households, which households are not required to be HOPWA-Eligible Households.

• Lessee shall remove any and all Fixtures at Xxxxxx’s own expense upon termination of the Initial Term of this Solar Lease provided that Lessee does not intend to continue the generation of solar power during the Remainder Term of this Solar Lease.

• City shall not be obligated to pay any taxes or assessments accruing against Lessee on the Premises or any interest of Lessee therein before, during or after the Initial Term or the Remainder Term; all such payments shall be the sole responsibility of Lessee.

• If the Premises continues to be used as a Solar Field for the duration of the Remainder Term, the terms of this Solar Lease will remain in effect for the balance of the Term.

• During the Remainder Term the HOPWA- Assisted Units will be treated as HOME-Assisted Units that are Extremely Low Income Units under the HOME Regulatory Agreement.

• During the Remainder Term the HOPWA-Assisted Units will be treated as HOME-Assisted Units that are Extremely Low Income Units under the HOME Regulatory Agreement provided that the Rent paid by a HOPWA-Eligible Household that occupied a HOPWA-Assisted Unit during the HOPWA Term and that continues to reside in the Unit during the Remainder Term, must be equal to the amount specified in Section 2.2(a)(1).

• If, in the reasonable determination of the County, there is a cure for AIDS and therefore no need for the HOPWA Units, the County and Borrower agree that the HOPWA Units shall be restricted to Very Low Income Households and the rents governed by Section 2.2(b)(2), and the HOPWA Units shall be treated as County-Assisted Units occupied during the Remainder Term.

• If, upon the annual certification of the income of a HOPWA-Eligible Household during the Remainder Term, Borrower determines that the Tenant has an Adjusted Income exceeding the maximum qualifying income of an Extremely Low Income Household the Tenant may continue to occupy the Unit and Borrower shall continue to charge such Tenant Rent consistent with Section 2.2(a)(2)(A) above.

• If upon the annual certification of the income of a HOPWA-Eligible Household during the Remainder Term, Borrower determines that the Tenant has an Adjusted Income exceeding the maximum qualifying income of an Extremely Low Income Household, the Tenant may continue to occupy the Unit and Borrower shall continue to charge such Tenant Rent consistent with Section 2.2(a)(2)(A) above.

• During the Remainder Term Borrower shall cause five (5) Units to be rented to and occupied by or, if vacant, available for occupancy by, Extremely Low Income Households, which households are not required to be HOPWA-Eligible Households.

More Definitions of Remainder Term

Remainder Term means the remainder of the 10-year Initial Term measured from the date of termination. The obligations of Tenant to pay the Early Termination Fee shall expressly survive the termination of this Lease.

Remainder Term means that portion of the District Term when neither the Company Term nor the Renewal Term is in effect.

Remainder Term shall commence at the end of the Initial Term, or any extended term, as applicable, and shall continue until Lessee shall have fully complied with all of its reclamation, environmental and other obligations hereunder. During the Remainder Term, Lessee shall continue to comply with the terms hereof, although Lessee shall have no rights to mine, transport, load, remove, ship or process coal on or from the Leased Premises. Lessee shall pay to Lessor as rental during the Remainder Term the CONFIDENTIAL MATERIAL HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. BOXES AND ASTERISKS DENOTE SUCH OMISSION. sum of [ * ] per year, payable on the first day of each year, until all permits are released and this Lease is terminated.”

Remainder Term shall have the meaning ascribed to it in Section 4.1(d).

Remainder Term means the period commencing on the date of the expiration of the HOPWA Term and continuing until the expiration of the Term.