Term of Lease definition

Term of Lease means the initial term or any renewal or extension of the written rental agreement currently in effect not including any wrongful holdover period.

Term of Lease means the initial term or any renewal or

Term of Lease. The lease shall commence on July 1, 2022 and shall end on June 30, 2027.

Examples of Term of Lease in a sentence

• The owner may receive va- cancy payments for the vacated unit if he complies with the requirements of§ 880.611.§ 880.606 Lease requirements.(a) Term of Lease.

• Headings to clauses are for convenience only and shall not affect the construction or interpretation of this Lease.FIRST SCHEDULE The payment schedule is summarized as follows:1) Term of Lease is Six (6) years;2) Commencement date – AND the Lessee hereby accepts this Lease subject to the covenants, conditions, provisions, stipulations and agreements contained herein.

• Term of Lease The Contractor may provide any Leased Property under the Contract for any term up to 60 months, including a Fair Market Value Option for Lease/Purchases.

• School Debts and Term of Lease During Appeal: However, nothing herein shall be construed as an obligation on the part of the Sponsor to secure the extension of a lease term during the pendency of an appeal or to pay with Sponsor’s fund any debts incurred by the School in order to avert a foreclosure or eviction.

• Headings to clauses are for convenience only and shall not affect the construction or interpretation of this Lease.FIRST SCHEDULE The payment schedule is summarized as follows:1) Term of Lease is Six (6) years;2) Commencement date –3) Rent shall escalate at the rate of 10% biennially as set out below; AND the Lessee hereby accepts this Lease subject to the covenants, conditions, provisions, stipulations and agreements contained herein.

More Definitions of Term of Lease

Term of Lease. The lease shall commence on August 1, 2024 and shall end on July 31, 2029 Cost of the Lease: For the lease term commencing on August 1, 2024 through July 31, 2029, the annual cost of this lease will be approximately, $32,400.00. The total cost of this lease is estimated to be $162,000.00.

Term of Lease. Term" shall mean the initial term of this Lease and all extensions and renewals thereof. The "Initial Term" of this Lease shall mean the period beginning on the Commencement Date and continuing for a period of ten (10) years from and after either (a) the Commencement Date or (b) if the Commencement Date is other than the first day of the calendar month, then beginning on the first day of the first calendar month following the Commencement Date (i.e. the "Anniversary Date"), (the incremental portion between the Commencement Date and the Anniversary Date to expand the first Lease Year hereunder).

Term of Lease. Within its meaning in Section 8 and in Appendix F of this Agreement and, unless otherwise stated expressly — both the First Term of Lease and the Additional Terms of Lease within their meaning in Appendix F.

Term of Lease means the initial term or any renewal or extension of the written rental agree- ment currently in effect not including any wrong- ful holdover period.

Term of Lease. With respect to all Premises, the current term extends through December 31, 2015, with an option for the Company to extend the term for an additional 36 month period (through December 31, 2018).

Term of Lease means the period specified in Article 6.1 hereof starts on the lease commencement date and ends on the lease termination date.

Term of Lease. This Lease shall be in effect for a period of five (5) years beginning September 01, 2012 and shall end August 31, 20XX.