Original Lease Term Sample Clauses

Original Lease Term. The period beginning with the Lease Term Commencement Date and ending with the last business day of Lessee’s current fiscal budget period.
Sample 1
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Original Lease Term. The Lease Term will be approximately ten (10) years, beginning on the "Commencement Date" as hereinafter defined, and terminating at 11:59 p.m. on the last day of the tenth (10th) full Lease Year unless the Lease Term is extended in accordance with the following paragraph, renewed or terminated earlier in accordance with this Lease. The Commencement Date shall be the earlier of November 1, 1999 or the date on which the Leased Premises are substantially completed as mutually certified by Landlord and Tenant's architect and a certificate of occupancy has been issued for, or the final inspection has occurred allowing occupancy of, the Leased Premises. Notwithstanding the foregoing, if the completion of the Leased Premises is delayed due to Tenant's failure to meet the deadlines (the "Tenant Deadlines") outlined on Exhibit D-2 attached hereto and made a part hereof, the Commencement Date shall, nonetheless, be November 1, 1999. The Commencement Date will be confirmed in a supplementary written agreement, in substantially the form attached as EXHIBIT E. Unless specifically stated otherwise in this Lease, the term "Lease Term" means the original term of ten (10) years plus any "Extended Lease Term" as defined below and any and all renewal terms, whenever a renewal option has been exercised. SEE RIDER NO. 3 -- Renewal Option. SEE INSERT X
Sample 1
Original Lease Term. Minimum Rent per month during the first five (5) Lease Years shall be equal to the sum of the following amounts:
Sample 1
Original Lease Term. Two (2) years, ending on December 31, 2014.
Sample 1
Original Lease Term. Subject to the termination provisions of Section 9 below, the term of Lessor’s lease to Lessee (the “Lease Term”) shall commence on the date Lessor delivers the Premises to Lessee pursuant to Section 1.5 below (hereinafter, the “Lease Commencement Date”) and shall continue to and terminate at 11:59 P.M. local time on the tenth (10th) anniversary of the Lease Commencement Date (hereinafter, the “Expiration Date”). Unless terminated earlier pursuant to the provisions of this Agreement, this Agreement shall terminate on the Expiration Date.
Sample 1
Original Lease Term. Unless further extended as provided herein, the term of this Lease ("LEASE TERM" or "TERM") shall be twenty (20) full Lease Years and any Partial Lease Year (as defined below), commencing with the Commencement Date (as defined below). The "COMMENCEMENT DATE" will be the date on which each of the following has occurred: (i) Landlord has acquired fee title to the Premises, has all necessary governmental approvals and Wal-Mart Approvals (as defined below) for the creation of the Premises as a separate legal lot capable of commercial development for the purposes set forth in this Lease (BUT WITHOUT any need for Landlord to pursue or obtain the building permit and other approvals required for Tenant's specific plans for development of the Premises), and has tendered possession of the Premises to Tenant; and (ii) if there is a lender/mortgagee which has a lien that may be superior in priority to the interest of Tenant under this Lease, Landlord shall have provided Tenant with an executed non-disturbance agreement from the lienholder under any and all mortgages, deeds of trust and superior lien interests, on terms and conditions reasonably satisfactory to Tenant and such secured party. The parties anticipate that the Commencement Date will be on or about April 1, 1998.
Sample 1

Related to Original Lease Term

  • Original Lease The single executed original of this Lease marked "THIS COUNTERPART IS THE ORIGINAL EXECUTED COUNTERPART" on the signature page thereof and containing the receipt of the Lessor therefor on or following the signature page thereof shall be the Original Executed Counterpart of this Lease (the "Original Executed Counterpart"). To the extent that this Lease constitutes chattel paper, as such term is defined in the Uniform Commercial Code as in effect in any applicable jurisdiction, no security interest in this Lease may be created through the transfer or possession of any counterpart other than the Original Executed Counterpart.

  • Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.

  • Lease Term The terms and provisions of this Lease shall be effective as of the date of this Lease. The term of this Lease (the “Lease Term”) shall commence on the “Lease Commencement Date,” as that term is set forth in Section 3.2 of the Summary, and shall terminate on the “Lease Expiration Date,” as that term is set forth in Section 3.3 of the Summary, unless this Lease is sooner terminated as hereinafter provided. Tenant hereby acknowledges that the Premises are currently occupied by another tenant of the Building. If Landlord is unable for any reason to deliver possession of the Premises to Tenant on any specific date , then Landlord shall not be subject to any liability for its failure to do so, and such failure shall not affect the validity of this Lease or the obligations of Tenant hereunder. For purposes of this Lease, the term “Lease Year” shall mean each consecutive twelve (12) month period during the Lease Term. At any time during the Lease Term, Landlord may deliver to Tenant a notice in the form as set forth in Exhibit C, attached hereto, as a confirmation only of the information set forth therein, which Tenant shall execute and return to Landlord within ten (10) business days of receipt thereof; provided, however, Tenant’s failure to execute and return such notice to Landlord within such time shall be conclusive upon Tenant that the information set forth in such notice is as specified therein. In addition to the foregoing, subject to any delays caused by Tenant or any Tenant Parties and events of Force Majeure, if Landlord fails to tender possession of the Premises to Tenant on or before January 2, 2015 (the “Base Rent Delivery Date”), Tenant shall be entitled to one (1) day of per diem Base Rent abatement for each day commencing on the day after the Base Rent Delivery Date and ending on the date Landlord so tenders possession of the Premises to Tenant. Any such Base Rent Abatement shall be separate from and in addition to any Rent Abatement described in Section 3.2 below.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Sublease Term The term of the Sublease (“Sublease Term”) commences on the later to occur of (1) Sublandlord’s receipt of Prime Landlord’s written consent to this Sublease, and (2) October 1, 2009 (“Sublease Commencement Date”); and expires on January 28, 2018 (“Sublease Expiration Date”; i.e., the day prior to the Termination Date pursuant to the Prime Lease). Sublandlord shall deliver the Subleased Premises “broom clean” and free of all of Sublandlord’s personal property (other than the F&F (defined in Section 2(f))) and debris, but otherwise in “AS IS, WHERE IS” condition on the Sublease Commencement Date; provided that Subtenant shall not be responsible for, or required to remedy, any violation of any applicable law, or any condition or state of facts, with respect to the Subleased Premises, the Building or the Land existing on or prior to the Sublease Commencement Date. Sublandlord is not required to perform any work to prepare the Subleased Premises for Subtenant’s intended use. If (i) for any reason Sublandlord has not received Prime Landlord’s written consent to this Sublease in form required by Section 15(i) below by the date which is sixty (60) days from the date hereof, or (ii) Prime Landlord elects to terminate the Prime Lease in respect of the Subleased Premises pursuant to Prime Landlord’s recapture right set forth in Section 16.5 of the Prime Lease, then in the case of (i), then Sublandlord and Subtenant each may elect at any time thereafter to terminate this Sublease by written notice to the other, whereupon the parties shall deem this Sublease to be null and void and of no effect (except for those provisions expressly stated herein to survive a termination), and in the case of (ii) the Sublease will be deemed terminated in accordance with Section 16.5 of the Prime Lease.

  • Option to Extend Lease Term Landlord hereby grants to Tenant one option to extend the Lease Term of the 000 Xxxx Xxxxx Lease for a five (5) year term commencing when the prior term expires, under the following terms and conditions:

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of Article 3 of the Lease.

  • Extension of Lease Term The Original Lease Term is hereby extended for a period of eighteen (18) months continuing through and including November 30, 2022 (the “Extension Term” and the Original Lease Term as so extended by the Extension Term, the “Lease Term”).

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

  • TERM OF LEASE This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.

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