Scheduled Lease Term definition

Scheduled Lease Term means the period from the commencement of the Initial Term through the date described in Section 4.01(b)(i) hereof.
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Scheduled Lease Term means the period beginning on the Commencement Date and ending on the day before the tenth anniversary of the Commencement Date; provided, that if Tenant has exercised one or more options to extend as described in Section 3 of this Lease, the "Scheduled Lease Term" shall extend until the end of the Extension Term(s) for which this Lease has been extended.
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Scheduled Lease Term means the scheduled term of this Lease which is anticipated to renew through the last day of the month on which the final Base Rentals are scheduled to be paid in accordance with Exhibit B hereto.
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Examples of Scheduled Lease Term in a sentence

  • Transfer of Leased Property to the District at End of Scheduled Lease Term 24 Section 9.04.

  • If all Base Rent scheduled to be paid through the end of the Scheduled Lease Term and all Additional Rent payable through the date of transfer and conveyance of the Leased Property to the District pursuant to this Section shall have been paid, the Leased Property shall be assigned, transferred and conveyed to the District at the end of the Scheduled Lease Term in the manner described in Section 9.02(b) hereof without any additional payment by the District.


More Definitions of Scheduled Lease Term

Scheduled Lease Term shall be as set forth in the applicable Schedule A. Rentals for each Item of Equipment shall commence on the Scheduled Lease Commencement Date with respect to each Item of Equipment. If the In-Service Date occurs prior to the Scheduled Lease Commencement Date, Lessor shall be entitled to a rental (“Interim Rent”) for the period from such In-Service Date to the Scheduled Lease Commencement Date (the “Interim Period”). Interim Rent shall be computed by dividing all rentals other than Interim Rent due under the Lease by the actual number of days in the Scheduled Lease Term and multiplying this result by the actual number of days from In-Service Date to Scheduled Lease Commencement Date. Interim Rent (if any) shall be due on the Scheduled Lease Commencement Date. The Scheduled Lease Term, including any Minimum Term as described in Paragraph 3 below, together with the Interim Period, if any, and any renewal period(s) shall constitute the Lease Term (“Lease Term”) for each Item of Equipment. Lessee agrees to pay Lessor at the expiration or other termination of the Lease Term, additional rents, as described in the Schedule A or any other document executed in connection with this Lease. The termination of this Lease with respect to certain Items of Equipment shall not affect the continuation of this Lease with respect to other Items of Equipment not subject to such termination. Unless otherwise provided in the event the Lessee exercises the option to renew the Lease, rentals for the renewal period shall be agreed to by the parties at the time of renewal.
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Scheduled Lease Term means the period that begins on the first day of the Initial Term of the Lease and ends on the date described in Section 4.01(b)(i) thereof.
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Related to Scheduled 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.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Base Rent As defined in Section 3.1.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • 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.