Base Term Date definition

Base Term Date means the day of the month coincident with (a) the date of installation by the manufacturer or manufacturers of the Equipment (collectively, the "Manufacturer") and acceptance by the Lessee of all Units or (b) the date set forth on the related Schedule as "Base Term Date", whichever shall later occur. If such date is on a day other than the first day of a month, the Base Term Date shall be the first day of the first month after such date.
Sample 1Sample 2
Base Term Date means the first day of the first full calendar month following the Date of Acceptance for all Units of Equipment to be leased under a Schedule.
Sample 1Sample 2
Base Term Date means the day of the month coincident with (a) the date of installation by the manufacturer or manufacturers of the Equipment (collectively, the "Manufacturer") and acceptance by the Lessee of all Units or (b) the date set forth on the related Schedule as "Base Term Date", whichever shall later occur. If such date is on a day other than the first day of a month, the Base Term Date shall be the first day of the first month after such date. (C) "COMMENCEMENT DATE" shall mean the earlier of (i) the date upon which the first Unit shall have been installed, and certified by the Manufacturer as ready for Lessee's first use, or (ii) the date upon which the first Unit shall have been accepted by the Lessee.
Sample 1

Examples of Base Term Date in a sentence

  • The Base Rent for the Equipment will commence on the Base Term Date and will be due and payable without notice or demand at Lessor’s address set forth above, or such other address as Lessor may designate in writing, and on the same day of each month until the Equipment is returned or purchased by Lessee as provided herein.

  • The Base Rent for Equipment shall commence on the Base Term Date and shall be due and payable, together with all other amounts arising under the related Lease which are then due and payable by Lessee (collectively "Additional Rent"), at Lessor's address set forth above, or such other address as Lessor may designate in writing, without notice or demand, on the Base Rent Dates and thereafter until the Equipment is returned to Lessor in accordance with the return provisions contained herein.

  • It is worth noting that when R is Gorenstein, Kac(Inj R) = Ktac(Inj R) [IK06, Corollary 5.5].

  • In addition, Lessee shall pay as prorata rent on the Base Term Date one-thirtieth (1/30) of the Base Rent for each day from, and including, the Commencement Date (but not earlier than the 15th of the month in which the Commencement Date occurs), and excluding, the Base Term Date.

  • In addition, Lessee shall pay as prorata rent on the Base Term Date one-thirtieth (1/30) of the Base Rent for each day from, and including, the Commencement Date to, and excluding, the Base Term Date.

  • The Base Term Date for Equipment listed in Certificates of Acceptance received more than ten (10) days after the end of a calendar quarter and having a Date of Acceptance in the calendar quarter just ended, will be the first day of the calendar quarter following receipt of the Certificate of Acceptance.

  • In Thailand, the OSS centers are located in the border SEZs, and undder the management of Thailand Board of Investment (BoI).

  • Lessor will summarize all Certificates of Acceptance which have been received in the same calendar quarter into a summary schedule substantially in the form of Exhibit B attached hereto (“Summary Schedule”), and the Base Term Date will be the first day of the next calendar quarter.

Related to Base Term Date

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Fixed-term employment means the engagement of an employee on the basis of a written contract of employment for a fixed period:

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Commencement Date means the date fourteen (14) days after the date the Contract comes into effect or any other date named in the Contract Data.

  • Lease Termination Date means the last day of the Lease Term.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Stated Termination Date means December 31, 2000.

  • 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”).”

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Fixed term employee means a person engaged for a specified term or for the duration of a specified task in accordance with section 37(3)(b) of the State Service Act 2000.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Start Date for Term Calculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement “term” calculation purposes only, the Agreement “start date” is the last day of the month that Award Notifications are anticipated as published in the Solicitation. Example: If the anticipated award date published in the Solicitation is August 27, 2020 but extended negotiations delay award until September 24, 2020 the end date of the resulting initial “two-year” term Agreement, (which is subject to an extension(s)) will still be August 31, 2022 in this example

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Change in Control Protection Period means the period beginning one month prior to and ending twelve (12) months immediately following the consummation of a Change in Control.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Disability Effective Date means the date on which termination of employment becomes effective due to Disability.

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following:

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.