Common use of Main Term Clause in Contracts

Main Term. The term “Main Term” means the period beginning as of the Rent Commencement Date and, subject to the terms and conditions of this Lease, ending on the last day of the Fifteenth (15th) Rent Year.

Appears in 2 contracts

Sources: Ground Lease Agreement (Ceres, Inc.), Ground Lease Agreement (Ceres, Inc.)

Main Term. The term “Main Term” means the period beginning as of the Rent Commencement Date and, subject to the terms and conditions of this Lease, ending on the last day of the Fifteenth Fifth (15th5th) Rent Year.

Appears in 1 contract

Sources: Agricultural Lease (Ceres, Inc.)