Basic Term Commencement Date definition

Basic Term Commencement Date shall have the meaning specified in Section 2.2 of the Lease.
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Basic Term Commencement Date means the Closing Date.
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Basic Term Commencement Date for each Item of Equipment means the date specified as such on the Related Exhibit A.
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Examples of Basic Term Commencement Date in a sentence

  • On or prior to each Basic Term Commencement Date, Lessee and Lessor shall each execute and deliver a Lease Supplement for the Property to be leased effective as of such Basic Term Commencement Date in substantially the form of Exhibit A hereto.

  • For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("Interim Period"), Lessee shall pay as rent ("Interim Rent") for each unit of Equipment, the product of the Daily Lease Rate Factor times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period.

  • The basic term of this Lease (the "Basic Term") shall commence on the Basic Term Commencement Date and, subject to earlier termination pursuant to Section 10, 11, 15 or 22.1, shall expire at 11:59 p.m. (Chicago, Illinois time) on the date immediately prior to the Basic Term Expiration Date.

  • The basic term of this Lease (the "Basic Term") shall commence on the Basic Term Commencement Date and, subject to earlier termination pursuant to Section 10, 11, 15 or 22.1, shall expire at 11:59 p.m. (Chicago, Illinois time) on the Basic Term Expiration Date.

  • For the period from and including the Lease Commencement Date to the Basic Term Commencement Date ("INTERIM PERIOD"), Lessee shall pay as rent ("INTERIM RENT") for each unit of Equipment, the product of the Daily Lease Rate Factor times the Capitalized Lessor's Cost of such unit times the number of days in the Interim Period.


More Definitions of Basic Term Commencement Date

Basic Term Commencement Date shall have the meaning given such term in Section 2(a) of this Agreement.
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Basic Term Commencement Date means January 15, 1998.
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Basic Term Commencement Date shall have the meaning given such term in Section 2(a) of the Equipment Lease.
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Basic Term Commencement Date means the earlier to occur of (i) the first day of the month following the date upon which the aggregate of all Loans outstanding equals the Maximum Loan Amount, or (ii) January 1, 2001.
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Basic Term Commencement Date. The first day of the month following the Lease Commencement Date, unless the Lease Commencement Date is the first day of a calendar month; in which case the Basic Term Commencement Date shall be the Lease Commencement.
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Basic Term Commencement Date shall have the meaning specified in the recitals to of the Lease.
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Basic Term Commencement Date means January 1, 1986.
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