Second Rental Period definition

Second Rental Period. As defined in (S)4.2(c) of the Ground Lease. Security Deposit: $125,000.
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Second Rental Period means the one-year period commencing on January , 2003 ending on December 31, 2003.
Sample 1
Second Rental Period means the five-year period commencing on the day immediately succeeding the expiration of the First Rental Period and ending on the five-year anniversary of the expiration of the First Rental Period.
Sample 1

Examples of Second Rental Period in a sentence

  • Second Rental Period: (January 1, 2023 to December 31, 2023) the annual sum of $ ($0.

  • Lambs fed on different mentioned feedstuffs (Corn grain, berseem hay and wheat straw were the basal feeds offered to lambs throughout this experiment.

  • No Equipment shall have an Acquisition Date later than the last day of the Second Rental Period.

  • The Basic Rent is calculated on the basis of the Rentable Area of the Building being 95,489 square feet multiplied by: (a) $5.57 per square foot per annum during the First Rental Period; and (b) $6.53 per square foot per annum during the Second Rental Period.

  • The term of this Agreement shall be the following two (2) five (5)-month Rental Periods: First Rental Period December 1, 2019 – April 30, 2020 Second Rental Period December 1, 2020 – April 30, 2021 Tenant shall have two (2) options to renew the Term for an additional five (5)-month Rental Period each upon the same terms and conditions as the First and Second Rental Periods, but at current District rental rates for the Property.

  • The Tenant is granted the option of extending the Rental Period by an additional period of two and a half years (the “Third Rental Period”) which shall commence on the termination of the Second Rental Period, and the provisions of sub-clause (B) above shall apply with regard to the exercise of the right to extend the lease also in respect to this extension.

  • The exercise of the Tenant’s right to the Second Rental Period is conditional upon the Landlord’s receiving advance written notice from the Tenant at least 6 (six) months before the end of the Rental Period of its desire to exercise the Second Rental Period.

  • For any rentals that exceed the length of the first Rental Period, Extended Rental Fees will be applied and will appear on the Invoice at the following rates: First Rental Period – 100% of the Rental Rate; Second Rental Period – 50% of the Rental Rate; Third (or more) Rental Period(s) – 25% of the Rental Rate.

  • In the Second Rental Period the Rental Fees shall be increased at a rate of 7.5% in relation to the Rental Fees in the First Rental Period and shall total NIS 544,519 per month plus VAT subject to the updating of this total pursuant to the provisions of sub-clause 7(A)(1) above and pursuant to the provisions of sub-clause 7(A)(3) herein below.

  • Following the Second Rental Period, the annual rental for each calendar year shall be due in advance on January 3rd of such year (“Annual Rental”).


More Definitions of Second Rental Period

Second Rental Period shall have the meaning set forth in Section 1.1 hereof.
Sample 1

Related to Second Rental Period

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

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

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • 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.

  • 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.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Commencement Date means the date of this Agreement;

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

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

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

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

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

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

  • Additional Rental has the meaning set forth in Section 4.03.