Base Term Commencement Date means the Original Closing Date.

Base Term Commencement Date shall have the meaning provided in Section 2.2 of the Lease.

Base Term Commencement Date means the Document Closing Date.

Examples of Base Term Commencement Date in a sentence

Notwithstanding the foregoing, Xxxxxx’s obligation to make payments under this Section 15.17(c) prior to the Base Term Commencement Date shall be subject to Article XIII with respect to clause (ii), (iv) or (v) above, Section 15.17(b) above with respect to clause (vi) above and Section 14.1 of the Lease with respect to clause (ii) above as it relates to an Event of Loss.
Lessor hereby transfers to Lessee and assigns without warranty of any kind, during the Term, effective upon the Base Term Commencement Date and so long as no Event of Default exists and is continuing, any warranties made by any Contractor or any other Person under the Project Agreements with respect to the Facility.
Lessor hereby authorizes Xxxxxx, as the authorized representative of Lessor, to accept delivery of the Leased Property and the Facility to be constructed on the Site, upon the Base Term Commencement Date.
On or before the Base Term Commencement Date, Lessee shall deliver to Administrative Agent and Lessor certificates or other evidence of insurance satisfactory to the Administrative Agent and Lessor evidencing the existence of all insurance required to be maintained hereunder and setting forth the respective coverages, limits of liability, carrier, policy number and period of coverage.

More Definitions of Base Term Commencement Date

Base Term Commencement Date means the Facility Completion Date.

Base Term Commencement Date means, as to all Equipment designated on any Lease Schedule, where the Installation Date for the item of Equipment last to be installed falls on the first day of the month, that date, or, in any other case, the first day of the month following the month in which the item of Equipment last to be installed is installed. (d) The “Daily Rental” means 1/30th of the amount set forth as the monthly rental for each item of Equipment in the applicable Lease Schedule. (e) A “Holdover” means, the event which shall have occurred should Lessee fail to deliver possession of any item of Equipment in a timely manner after giving Lessor proper notice that such Equipment shall be returned pursuant to the provisions of the Lease. 3.

Base Term Commencement Date shall have the meaning, with respect to any Aircraft, set forth in the Lease Supplement with respect to such Aircraft.

Base Term Commencement Date shall have the meaning provided in Section 2.2 of the Lease. “Basic Rent” shall mean for each Payment Period, an amount equal to the Yield payable on the last day of such Period. “Benchmark” shall mean, initially, the Term SOFR Rate; provided that if a Benchmark Transition Event has occurred with respect to the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.9(f) of the Participation Agreement. “Benchmark Replacement” shall mean, with respect to any Benchmark Transition Event, the first applicable alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

Base Term Commencement Date has the meaning set forth in Section --------------------------- 3(b) of the Lease.

Base Term Commencement Date. If there is an Interim Term, the Base Term Commencement Date shall be the day immediately following the last day of the Interim Term. If there is no Interim Term, the Base Term Commencement Date shall be the Lease Commencement Date. BASE TERM: The period commencing on the Base Term Commencement Date and ending on, and including, the 60 monthly anniversary of the Base Term Commencement Date.

Base Term Commencement Date means the date which is the earlier of (i) with respect to each Facility, the Facility Completion Date therefor, (ii) with respect to any Unit allocated to an Equipment Group and each Unit which is included in the Post-Completion Assets described at Section 9.1(p) of the Participation Agreement, the Unit Completion Date for such Unit, or (iii) with respect to all Lease Supplements, the date an Insolvency Event occurs.