Base Term definition

Base Term. Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

Base Term means, with respect to any Leased Property, (a) the period commencing on the related Closing Date and ending on July 12, 2009 or (b) such shorter period as may result from earlier termination of the Lease as provided therein.

Base Term shall have the meaning as defined in Section 2.2.

Examples of Base Term in a sentence

• If the Port Authority shall elect to exercise the Option(s) to extend this Contract, then, no later than thirty (30) days prior to the Expiration Date, the Port Authority shall send a notice that it is extending the Base Term of this Contract, and this Contract shall thereupon be extended for the applicable Option Period.

• Unless specified as not applicable to this Contract in Part II hereof, the Port Authority shall have the absolute right to extend the Base Term for an additional period of up to one hundred and twenty (120) days subsequent to the Expiration Date of the Base Term, or the Expiration Date of the final exercised Option Period (hereinafter called the “Extension Period”), subject to the same terms and conditions as the previous contract period.

• The Port Authority shall have the absolute right to extend the Base Term for an additional period of up to one hundred and twenty (120) days (hereinafter called the “Extension Period”) subsequent to the Expiration Date of the Base Term or to the Expiration Date of the final exercised Option Period, subject to the same terms and conditions as the previous contract period.

• The Port Authority shall have the absolute right to extend the Base Term for an additional period of up to one hundred and twenty (120) days subsequent to the Expiration Date of the Base Term, or the Expiration Date of the final exercised Option Period (hereinafter called the “Extension Period”), subject to the same terms and conditions as the previous contract period.

• The Base Term shall be for one (1) year from the date of the execution of the Agreement.

More Definitions of Base Term

Base Term is defined in Section 2.3 of the Lease.

Base Term. Commencing (i) with respect to the Original Premises on the Commencement Date, (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and (iii) with respect to the Second Expansion Premises on the Second Expansion Premises Commencement Date, and ending with respect to the entire Premises on the date that is 60 months after the first day of the first full month following the Second Expansion Premises Rent Commencement Date (“Expiration Date”).”

Base Term shall have the meaning set forth in Section 10.1.

Base Term means, with respect to any Leased Property, (a) the period commencing on the Initial Closing Date for the first parcel of Land acquired by the Lessor and ending on the tenth (10th) anniversary of such Closing Date or (b) such shorter period as may result from earlier termination of the Lease as provided therein.

Base Term means the period commencing on the Closing Date and ending on February 14, 2022, or such shorter period as may result from earlier termination of the Lease as provided therein.

Base Term of the HQ Phase II Firm Energy Contract is the period commencing on the date deliveries were first made under the Contract and ending on August 31, 2000.

Base Term means the period of time beginning on the Lease Effective Date and ending on the Base Term Expiration Date.