Base Rent Commencement Date definition

Base Rent Commencement Date means the first Business Day of the first calendar month after the Completion Date.

Base Rent Commencement Date means the Base Rent Commencement Date as defined in the Fundamental Lease Provisions.

Base Rent Commencement Date means the earlier of (1) the last day that constitutes first business day of a calendar month and that is no more than 364 days after the Effective Date, (2) the first Business Day of the first calendar month to follow by twenty days or more the date upon which any Completion Notice is given as provided in the Construction Management Agreement or in the Lease, (3) the first Business Day of the first calendar month to follow by twenty days or more BNPLC's receipt of a notice from FCI, given before FCI has exercised any Issue 97-10 Election and setting forth FCI's express, unconditional, unequivocal and irrevocable (A) waiver of any right to make any Issue 97-10 Election, and (B) election to accelerate the Base Rent Commencement Date by delivery such notice, notwithstanding that after the Base Rent Commencement Date, FCI shall have no further right to Construction Advances under the Construction Management Agreement or the Lease, or (4) the first Business Day of the first calendar month upon which the Funded Construction Allowance shall equal or exceed the Maximum Construction Allowance. Notwithstanding the forgoing, if for any reason (including a termination of the Construction Management Agreement) FCI has not completed the Construction Project thirty days in advance of the scheduled Base Rent Commencement Date determined pursuant to the first sentence of this definition, BNPLC shall be entitled (but not obligated) to extend the Base Rent Commencement Date one or more times and at any time before the Construction Project actually is complete and ready for occupancy. To so extend the Base Rent Commencement Date, BNPLC shall notify FCI thereof and of the date to which the Base Rent Commencement Date is extended, which may be the first Business Day of any calendar month designated by BNPLC in the notice of extension, provided that BNPLC will not so designate any date more than sixty days after the date upon which the Construction Project is expected by BNPLC (at the time of the designation) to be complete.

Examples of Base Rent Commencement Date in a sentence

• If the Base Rent Commencement Date shall fall on a day other than the first day of a calendar month, the Base Rent shall be apportioned pro rata on a per diem basis (i) for the period between the Base Rent Commencement Date and the first day of the following calendar month (which pro rata payment shall be due and payable on the Base Rent Commencement Date), and (ii) for the last partial month of the Term, if applicable.

• Tenant shall pay to Landlord at the address set forth in Section 1(n), as base rent for the Demised Premises, commencing on the Base Rent Commencement Date and continuing throughout the Term in lawful money of the United States, the annual amount set forth in Section 1(d) payable in equal monthly installments as set forth in Section 1(e) (the "Base Rent"), payable in advance, without demand and without abatement, reduction, set-off or deduction, on the first day of each calendar month during the Term.

• If the Base Rent Commencement Date shall fall on a day other than the first day of a calendar month, the Base Rent shall be apportioned pro rata on a per diem basis for the resulting Fractional Month (which pro rata payment shall be due and payable on the Base Rent Commencement Date).

• Tenant shall pay to Landlord at the address set forth in Section 1(n), as base rent for the Demised Premises, commencing on the Base Rent Commencement Date and continuing throughout the Term in lawful money of the United States, the annual amount set forth in Section 1(d) payable in equal monthly installments as set forth in Section 1(e) (the “Base Rent”), payable in advance, without demand and without abatement, reduction, set-off or deduction, on the first day of each calendar month during the Term.

• On the Base Rent Commencement Date and on each Base Rent Date through the end of the Term, NAI shall pay BNPLC rent ("BASE RENT").

More Definitions of Base Rent Commencement Date

Base Rent Commencement Date has the meaning given in Item 5F of the Summary of Basic Terms.

Base Rent Commencement Date means the earlier of (1) the first Business Day of October, 2000, or (2) the "Base Rent Commencement Date" under and as defined in the Other Common Definitions and Provisions Agreement.

Base Rent Commencement Date means the later of (1) the Base Rent Commencement Date (Building 4), or (2) the Base Rent Commencement Date (Building 5). If, contrary to the expectations of BNPLC and NAI as of the Effective Date, the Base Rent Commencement Date (Building 4) and the Base Rent Commencement Date (Building 5) occur on the same day, that day shall constitute the Base Rent Commencement Date.

Base Rent Commencement Date means, [i] for any Development Project, the last day of the applicable Construction Period, [ii] for any Capital Enhancement Project, the applicable CEP Funding Date; and, [iii] for each other Facility (including the Facilities that are subject to this Lease on the Effective Date, each Acquisition Project and each Acquired Option Facility), the applicable Acquisition Date, in the case of each clause [i], [ii] and [iii], if such date is the first day of a month, and, if it is not, the first day of the first month following such date.

Base Rent Commencement Date means (i) as of the Commencement Date, $[***], per month with respect to the Existing Premises, and (ii) as of the Expansion Premises Commencement Date, $[***], per month with respect to the Expansion Premises.

Base Rent Commencement Date. One hundred twenty (120) days following the Term Commencement Date. Base Rent Commencement Date through the last day of the 12th full calendar month following the Term Commencement Date $5.20 $113,245.60 First day of the 13th full calendar month following the Term Commencement Date through the last day of the 24th full calendar month following the Term Commencement Date $5.36 $116,730.08 First day of the 25th full calendar month following the Term Commencement Date through the last day of the 36th full calendar month following the Term Commencement Date $5.52 $120,214.56 First day of the 37th full calendar month following the Term Commencement Date through the last day of the 48th full calendar month following the Term Commencement Date $5.68 $123,699.04 First day of the 49th full calendar month following the Term Commencement Date through the last day of the 60th full calendar month following the Term Commencement Date $5.85 $127,401.30 First day of the 61st full calendar month following the Term Commencement Date through the last day of the 72nd full calendar month following the Term Commencement Date $6.03 $131,321.34 First day of the 73rd full calendar month following the Term Commencement Date through the last day of the 84th full calendar month following the Term Commencement Date $6.21 $135,241.38 First day of the 85th full calendar month following the Term Commencement Date through the Expiration Date. $6.40 $139,379.20 Extension Options As determined pursuant to Paragraph 3.2

Base Rent Commencement Date. The date that is one hundred eighty-three (183) days after the Lease Commencement Date. Term: The period commencing on the Lease Commencement Date and ending on the Expiration Date (or any earlier date on which this Lease is terminated as provided herein).