Basic Term means that term commencing as of the date of this Lease and ending on April 1, 2024, subject to prior termination as specified in this Lease, but ending, in any event, when all of the principal of and interest on all Outstanding Bonds shall have been paid in full or provision made for their payment in accordance with the provisions of the Indenture.
Basic Costs means all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.
Basic Carrying Costs means, with respect to the Property, the sum of the following costs associated with the Property for the relevant Fiscal Year or payment period: (i) Taxes and (ii) Insurance Premiums.
Annual Fixed Rent See Exhibit A, and Section 3.1.
Basic generation service or "BGS" means electric generation