Renewal Term Increase definition

Renewal Term Increase. As defined in clause (c)(ii)(A) of the definition of “Rent.”
Renewal Term Increase. As defined in clause (c)(ii)(A) of the definition of Rent.
Renewal Term Increase. As defined in clause (c)(ii)(A) of the definition of “Rent.” “Rent”: An annual amount payable as provided in Article III, calculated as follows:

Examples of Renewal Term Increase in a sentence

  • The percentage by which Building Base Rent shall have escalated at the commencement of any Renewal Term pursuant to the terms of this Master Lease; provided, however, it is understood that if the Building Base Rent was not subject to escalation at the commencement of any Renewal Term, then there shall be no Renewal Term Increase applied for such Renewal Term.

Related to Renewal Term Increase

  • Renewal Term has the meaning set out in Section 9.1.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Extension Term means the time period defined in §2.C.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Initial Term has the meaning set forth in Section 7.1.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).