Common use of Term Defined Clause in Contracts

Term Defined. The term of this Lease is Thirty (30) years (the “Term”), beginning on the 1st day of September, 2024 (the “Commencement Date”), and ending on the 31st day of August, 2054 (the “Termination Date”), unless terminated sooner under the terms of this Lease.

Appears in 2 contracts

Sources: Aquatic Lands Lease, Aquatic Lands Lease

Term Defined. The term of this Lease is Thirty (30) years (the “Term”)years, beginning on the 1st day of SeptemberDecember, 2024 2023 (the “Commencement Date”), and ending on the 31st 30th day of AugustNovember, 2054 2053 (the “Termination Date”), unless terminated sooner under the terms of this Lease (the “Term”). Whenever the phrase “termination of this Lease” or “termination of the Lease” is used in this Lease, it shall refer to the ending, termination, cancellation, or expiration of the Lease.

Appears in 2 contracts

Sources: Aquatic Lands Lease, Aquatic Lands Lease

Term Defined. The term of this Lease is Thirty (30) years (the “Term”)years, beginning on the 1st day First Day of September, 2024 May 2023 (the “Commencement Date”), and ending on the 31st Thirty First day of AugustApril, 2054 2053 (the “Termination Date”), unless terminated sooner under the terms of this Lease (the “Term”). Whenever the phrase “termination of this Lease” or “termination of the Lease” is used in this Lease, it shall refer to the ending, termination, cancellation, or expiration of the Lease.

Appears in 1 contract

Sources: Aquatic Lands Lease