Base Term definition

Base Term. Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on January 31, 2017 (“Expiration Date”).”
Base Term means, with respect to any Leased Property, (a) the period commencing on the related Closing Date and ending on October 16, 2002, or (b) such shorter period as may result from earlier termination of the Lease as provided therein.
Base Term is defined in Section 2.3 of the Lease.

Examples of Base Term in a sentence

  • In addition to the Base Term, the Parties shall have two (2) divisible two - year options to extend this Agreement for: (1) the period beginning on July 1, 2018 and ending on June 30, 2020; and (2) the period beginning on July 1, 2020 and ending on June 30, 2022.

  • Each such option shall only be exercisable by mutual agreement of the Parties at least [NUMBER] days prior to the end of the Base Term or the first two- year option period, as applicable.


More Definitions of Base Term

Base Term shall have the meaning as defined in Section 2.2.
Base Term shall have the meaning set forth in Section 10.1.
Base Term. Commencing (i) with respect to the Original Premises on the Commencement Date, (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and (iii) with respect to the Second Expansion Premises on the Second Expansion Premises Commencement Date, and ending with respect to the entire Premises on the date that is 60 months after the first day of the first full month following the Second Expansion Premises Rent Commencement Date (“Expiration Date”).”
Base Term means the period commencing on the Closing Date and ending on February 14, 2022, or such shorter period as may result from earlier termination of the Lease as provided therein.
Base Term means the period of time beginning on the Lease Effective Date and ending on the Base Term Expiration Date.
Base Term means, with respect to any Leased Property, (a) the period commencing on the Initial Closing Date for the first parcel of Land acquired by the Lessor and ending on the tenth (10th) anniversary of such Closing Date or (b) such shorter period as may result from earlier termination of the Lease as provided therein.
Base Term of the HQ Phase II Firm Energy Contract is the period commencing on the date deliveries were first made under the Contract and ending on August 31, 2000.