Base Term Expiration Date definition

Base Term Expiration Date means the date falling on the earlier of (i) the twenty-fifth (25th) anniversary of the Lease Effective Date or (ii) the number of years and months equal to eighty percent (80%) of the Economic Useful Life as determined by the Unit Appraiser pursuant to Section 4.6 of the Facility Lease.

Base Term Expiration Date has the meaning set forth in Section 2.3 of the Lease.

Base Term Expiration Date means the date which is 1,810 days after the date of the Lease.

Examples of Base Term Expiration Date in a sentence

• Unless and until Lessee has exercised the Early Termination Option or the Purchase Option, no sublease may have a term that extends beyond the Base Term Expiration Date.

• Following the Base Term Expiration Date, when all Secured Obligations have been indefeasibly satisfied in full, any remaining Cash Collateral that has not been withdrawn and applied against the Secured Obligations shall revert to LRC as provided in subparagraph 9(F), whereupon LRC may require BTMUCLF to withdraw such remaining Cash Collateral then maintained pursuant to this Agreement and promptly transfer such remaining Cash Collateral to LRC.

• Each Item of Property is leased for a term commencing on the Acceptance Date for such Item of Property and ending on the Base Term Expiration Date (or any earlier Expiration Date), subject to the provisions of Sections 3.02 and 3.04.

• The department shall submit to the dean one or more names of nominees.

• Lessee shall give irrevocable written notice to Lessor not less than 365 days prior to the Base Term Expiration Date or Renewal Term Expiration Date, as the case may be, that Lessee intends to exercise its Purchase Option, Remarketing Option or Renewal Option (to the extent available).

More Definitions of Base Term Expiration Date

Base Term Expiration Date. The two year anniversary of the Commencement Date or such earlier date on which this Lease shall terminate or be terminated pursuant to the terms hereof.

Base Term Expiration Date is defined in Article A, Section 1(b).

Base Term Expiration Date means with respect to any Aircraft, the meaning set forth in the Lease Supplement with respect to such Aircraft.

Base Term Expiration Date. Unless sooner terminated as provided in the Lease, the last day of the month in which the tenth (10th) anniversary of the Commencement Date occurs.

Base Term Expiration Date means June 27, 2005.

Base Term Expiration Date means the date that is five years and one month after the Completion Date or such earlier date on which the Lease is terminated in accordance with the terms of the Operative Documents.

Base Term Expiration Date means the Final Maturity Date.