Commercial Term Sample Clauses

Commercial Term. Upon satisfaction of the notice requirements to Landowner, the Commercial Term shall be extended for such Extended Term upon the same terms, conditions and covenants as are contained in this Lease, subject to Section 5.2(b) below.

Commercial Term. (a) The Commercial Term shall commence on the Commercialization Date, and shall , provided that Company shall have the right to extend the Commercial Term for up to (each, an “Extended

Commercial Term. During the Commercial Term, Company shall use the Leased Property for the development, construction, ownership, operation, maintenance and repair of the Solar Facility. In connection with such use, Company shall have the exclusive right: a. to construct, install and operate on the Leased Property multiple solar panels and inverters; b. to erect, construct and use all the necessary and requisite devices, fixtures, appurtenances and facilities for the Solar Facility, as determined in the sole and absolute discretion of Company, including but not limited to: foundations, supports, concrete pads and footings; fences, and roads for ingress and egress of construction and maintenance vehicles; the physical preparation of the sites on which the Solar Facility will be installed and the preparation of access routes thereto (whether located on the Leased Property or, if necessary, on the Adjacent Property); power collection facilities, including underground or above ground distribution and collection lines between Solar Facility Equipment and from Solar Facility Equipment to one or more substations and points of interconnection with the power grid, wires and cables, conduit and above- ground transformers for the Solar Facility; substations or interconnection and switching facilities which Company may connect to a utility transmission system or the transmission system of another purchaser of electrical energy; underground or above ground control, communications and telecommunications equipment, including underground fiber, wires, cables and conduit; erosion control facilities; signs, gates and other safety and protection facilities; control and administration buildings; and other improvements, facilities, appliances, machinery and equipment in any way related to or associated with any of the foregoing (all of the foregoing, including the solar panels and inverters, collectively referred to herein as the “Solar Facility Equipment”); c. to maintain, clean, repair, replace and dispose of part or all of the Solar Facility Equipment; d. to allow and control access of third parties to the Leased Property. The Company may invite third parties upon the Leased Property without permission from the Landowner so long as the terms of this Lease are not violated; e. to trim or cut down trees, shrubs or any other landscaping and vegetation on the Leased Property as may be necessary for the exercise of rights granted to Company pursuant to this Lease; and f. to gate or otherwise secu...

Commercial Term a. The Commercial Term shall commence on the Commercialization Date, and shall , provided that Company shall have the right to extend the Commercial Term for up to (each, an “Extended b. Company, in its sole and absolute discretion, shall have the right to terminate this Lease, as to all or any portion of the Leased Property, at any time during the Commercial Term, effective upon at least ninety (90) days written notice to Landowner. If such termination is as to only part of the Leased Property, (i) this Lease shall remain in effect as to the remainder of the Leased Property, and (ii) Company will be obligated to satisfy the obligations set forth in Section 7 for that portion of the Leased Property with respect to which Company has exercised such termination right.

Commercial Term. 6.1 For providing the services mentioned above Merchant will pay below mentioned Fees to AFHERI as per plan mentioned under below table: - Fixed Fee Merchant Sales / Month Merchant ABC - Payable Summary Deductions Net Payable to Merchant ABC N

Commercial Term. The Commercial Term shall begin on the Commercialization Date and last for a period of thirty (30) years, subject to two (2), ten (10) year options to extend at CES’s discretion. During the Commercial Term, CES shall be responsible to pay Commercial Term Rent (as defined below), any increase in the property taxes, rental taxes, development fees and all improvements and costs associated with the development of the Solar Facility on the Property.

Commercial Term a. The Commercial Term shall commence on the Commercialization Date, and shall end thirty (30) years thereafter, provided that Company shall have the right to extend the Commercial Term for up to two (2) additional periods of five (5) years each (each, an “Extended Term”), by notice to Landowner before the expiration of the Commercial Term or the Extended Term. Company may elect to exercise its option to extend the Term by giving Landowner written notice of such election not earlier than eighteen (18) months and not later than six (6) months prior to the expiration of the then-current term of this Lease. Upon satisfaction of the notice requirements to Landowner, this Lease shall be extended for such Extended Term upon the same terms, conditions and covenants as are contained in this Lease, subject to Section 5.2(b) below. b. Company, in its sole and absolute discretion, shall have the right to terminate this Lease at any time during the Commercial Term, effective upon at least ninety (90) days written notice to Landowner. Upon such termination, Company will be obligated to satisfy the obligations set forth in Section 7.

Commercial Term. Section 10.1(b) (Commercial Term) of the Original Agreement is hereby amended as follows: Delete “January 1, 2010” and replace it with “March 1, 2010”.