Term of this Sublease definition

Term of this Sublease or “Term” means the time during which this Sublease is in effect, as provided for in Article 3 of this Sublease.
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Term of this Sublease means the Base Term plus any duly exercised allowable extensions thereof.
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Term of this Sublease or "Term" means the time during which this Sublease is in effect, as provided for in Section 3 of this Sublease. RANCHO XXXXXXXX HIGH SCHOOL BUILDING “N” MOD SUBLEASE AGREEMENT
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Examples of Term of this Sublease in a sentence

  • The leasing by the Lessor to the District of the Site shall not effect or result in a merger of the District’s leasehold estate pursuant to this Sublease and its fee estate as lessor under the Site Lease, and the Lessor shall continue to have and hold a leasehold estate in said Site pursuant to the Site Lease throughout the Term thereof and the Term of this Sublease.

  • Subject to reasonable interference from construction operations by the Lessor under the terms of the Construction Services Agreement during the Term of this Sublease, Lessor shall provide the District with quiet use and enjoyment of the Site without suit, or hindrance from Lessor or their assigns, provided District is in compliance with its duties under this Sublease.

  • Xxxxxx acknowledges that at any time during the Term of this Sublease, District may access the Site to conduct District business.

  • Lessor hereby leases and subleases to District, and District hereby leases and subleases from Lessor the Project and the Site, including any real property improvements now or hereafter affixed thereto in accordance with the provisions herein for the full Term of this Sublease.

  • Full ownership of the Project shall occur at the end of the Term of this Sublease and payment of any amounts owed under this Sublease, unless this Sublease, the Site Lease or Construction Services Agreement is terminated in accordance with their respective terms and conditions.

  • During the Term of this Sublease, the District shall hold title to the Site and progressively obtain title to the Project from the Lessor, and any and all additions which comprise fixtures, repairs, replacements or modifications thereof, as Sublease Payments are made to Lessor.

  • During the Term of this Sublease, the Lessor shall have a leasehold interest in the Site pursuant to the Site Lease.

  • The Term of this Sublease shall become effective upon the authorized execution of this Sublease and issuance of a Notice to Proceed under the terms of the CSA and payment of the last Sublease Payment, unless otherwise terminated pursuant to this Sublease, the Site Lease, or the CSA.

  • Base Rent shall be paid to Sublandlord without demand, deduction, set-off or counterclaim, in advance on the first (1st) day of each calendar month during the Term of this Sublease, and in the event the first rental month is a partial rental month, Base Rent shall be prorated on the basis of a thirty (30)-day month.

  • Subject to the provisions of this Section 3.1, during each month of the Term of this Sublease, Subtenant shall pay to Sublandlord rent for the Premises (“Base Rent”) as follows: Months Annual Base Rent Rate Monthly base rent 01-12 $ 37.00 $ 13,187.42 13-19 $ 37.74 $ 13,451.17 Subtenant shall be entitled to an abatement of the monthly Base Rent for the second and thirteenth full months from Commencement Date (the “Base Rent Abatement Period”).


More Definitions of Term of this Sublease

Term of this Sublease or "Term" means the time during which this Sublease is in effect, as provided for in Section 3 of this Sublease. RANCHO XXXXXXXX HIGH SCHOOL BUILDING “N” MOD SUBLEASE AGREEMENT
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Related to Term of this Sublease

  • 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.

  • 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.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

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

  • Commencement Date means the date of this Agreement;

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Usable space means all the space on a pole, except the portion below ground level, the 20 feet of safety clearance space above ground level, and the safety clearance space between communications and power circuits. There is a rebuttable presumption that six feet of a pole are buried below ground level.

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

  • Renewal Term has the meaning set forth in Section 2.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

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

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

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

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