Basic Rent Period definition

Basic Rent Period means each calendar month or portion thereof commencing on, in the case of the first such period, the effective date of the Lease Agreement, and in the case of each succeeding period, the first day following the immediately preceding Basic Rent Period, and ending on the earliest of (i) the last day of any calendar month or (ii) the Termination Settlement Date.
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Basic Rent Period means each of (x) the period commencing on and including the Delivery Date and ending on but excluding the first Basic Rent Payment Date following the Delivery Date, and (y) each period commencing on and including a Basic Rent Payment Date and ending on but excluding the next subsequent Basic Rent Payment Date.
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Basic Rent Period means a period from and including the Delivery Date to and including the last day in the month in which the Delivery Date falls, and each calendar month (or part thereof) thereafter during the Term.
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Examples of Basic Rent Period in a sentence

  • For the avoidance of doubt, and notwithstanding any provision to the contrary in this Lease, the amount of Basic Rent that the Lessee is required to pay to the Lessor for the use of the Aircraft for each Basic Rent Period listed in column (1) of Exhibit C-2 hereof shall be the amount determined by multiplying Lessor's Cost by the percentage set forth in column (2) of Exhibit C-2 beside such Basic Rent Period.

  • Lessee covenants to pay to Lessor or to such Persons as Lessor may direct, on each Basic Rent Payment Date, the Basic Rent due for the preceding Basic Rent Period and to pay such Basic Rent to Lessor at such place as Lessor or such Persons may direct, prior to 12:00 P.M. (noon), New York City time, on such date.

  • The first Basic Rent Period shall commence on the day following Delivery and each subsequent Basic Rent Period shall commence on the date succeeding the last day of the previous Rent Period within the Sublease Term.

  • Click the Ok button in the next confirmation window.The Amendment has successfully been Affirmed.

  • If a Planning Commission position vacancy occurs, the Mayor will request that potential Planning Commission candidates submit completed applications to City Hall.

  • Period Monthly Basic Rent Period Basic Rent 1 – 24 $ 36,010.00 $ 864,240.00 * 25 – 36 $ 37,210.33 $ 446,524.00 37 – 48 $ 38,410.67 $ 460,928.00 49 – 60 $ 39,611.00 $ 475,332.00 61 – 72 $ 40,811.33 $ 489,736.00 73 – 84 $ 42,011.67 $ 504,140.00 85 – 96 $ 43,212.00 $ 518,544.00 * The Basic Rent and Tenant’s Proportionate Share of Operating Expense Rental and Real Estate Tax Rental shall be abated for the first twelve (12) months of the Term of this Lease (the “Abatement Period”).

  • Wierzbicka believes that the essentials of world knowledge can be captured in definitions by means of a set of universal, atomic concepts that she calls “semantic primitives” (e.g. small, big, kind, good, do, etc.).

  • The Board may, by vote of two-thirds of the total number of Directors then in office, recommend to the Members the removal of any Director, provided that any such Director shall be given reasonable notice and opportunity to be heard by the Board of Directors regarding such recommendation.

  • After the giving of any such notice and until the Administrative Agent shall otherwise notify the Lessee that the circumstances giving rise to such condition no longer exist, the Lessee’s right to request the making of, conversion to or a new Basic Rent Period for LIBOR Loans/Capital/Lessor Amounts shall be suspended.

  • The statement must say whether the accident was caused by someone whose identity cannot be determined by you or other insured persons and any property damaged in the accident.


More Definitions of Basic Rent Period

Basic Rent Period means each period ascertained in accordance with Clause 7.3;
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Basic Rent Period means, with respect to any Loan, Capital or Lessor Amount outstanding during the Lease Term:
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Basic Rent Period means each of the periods (a) commencing on, in the case of the first such period, the Effective Date and, in the case of each succeeding period, the first day following the immediately preceding Basic Rent Period and (b) ending on the earliest of (i) the last day of any Calendar Quarter or (ii) the Settlement Date.
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Related to Basic Rent Period

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • 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”).”

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • Extension Term means the time period defined in §2.C.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Renewal Term has the meaning set forth in Section 2.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.