Agreement Year 1 Sample Clauses

Agreement Year 1. Facility Rent for the Premises for Agreement Year 1 shall be per year per square foot of space within the Premises. Facility Rent during Agreement Year 1 shall not accrue or become due until the Facility Rent Commencement Date. In the event that the Facility Rent Commencement Date falls on a date other than the Effective Date, Facility Rent for Agreement Year 1 shall be prorated based on the remaining Days in Agreement Year 1.

Agreement Year 1. Facility Rent for the Premises for Agreement Year 1 shall be Three and 13/100 Dollars ($3.13) per year per square foot of space within the Premises. Facility Rent during Agreement Year 1 shall not accrue or become due until the Facility Rent Commencement Date. In the event that the Facility Rent Commencement Date falls on a date other than the Effective Date, Facility Rent for Agreement Year 1 shall be prorated based on the remaining Days in Agreement Year 1.

Agreement Year 1. The period commencing on the Initial Transfer Date and terminating on December 31 of that same Calendar Year, or the following Calendar Year, as determined by the following sentences. If the Initial Transfer Date is on or before June 30, Agreement Year 1 terminates on December 31 of that same Calendar Year. If the Initial Transfer Date is on or after July 1, Agreement Year 1 terminates on December 31 of the following Calendar Year. Thus, the length of Agreement Year 1 may vary from approximately six (6) to eighteen (18) months, but in all events Agreement Year 1 terminates at the end of a Calendar Year.