First Lease Year definition

First Lease Year means the first twelve month period starting on the Commencement Date.

First Lease Year means the first 12-month period starting on the Commencement Date.

First Lease Year means the period beginning on the Commencement Date and ending on the last day of the twelfth full calendar month thereafter; provided, however, if the Commencement Date is not the first day of a month, then the First Lease Year shall commence on the Commencement Date and shall continue for the balance of the month in which the Commencement Date occurs and for a period of twelve (12) full calendar months thereafter. “Lease Year” means each successive twelve (12) month period after the First Lease Year occurring during the Term. The First Lease Year shall also be considered a Lease Year.

Examples of First Lease Year in a sentence

• If the First Lease Year does not end on February 28, there will be a supplemental billing period prorated at the First Lease Year’s Rent for the difference in time between the end of the First Lease Year and February 28.

• The First Lease Year Rent must be paid by cashier's check, drawn upon a Montana bank, and payment is due upon execution of the lease.

• Failure to pay the First Lease Year's Rent at the time of lease execution will result in the cancellation of the lease and forfeiture of all money paid.Following the First Lease Year, a Lease Year will be March 1st – February 28th and Rent for the Lease Year will be payable annually, in advance, on or before the first day of March.

• If Landlord authorizes Tenant to take possession of any part of the Premises prior to the Commencement Date for purposes of doing business, all terms of this Lease shall apply to such pre-Term possession, including Base Rent at the rate set forth for the First Lease Year in the Schedule prorated for any partial month.

• Following the First Lease Year, a Lease Year will be March 1st – February 28th and Rent for the Lease Year will be payable annually, in advance, on or before the first day of March.

More Definitions of First Lease Year

First Lease Year means the period beginning on the date hereof and ending on the last day prior to the first anniversary of the date hereof.

First Lease Year means the one-year period starting on the Commencement Date and ending on the first occurrence of February 28.

First Lease Year has the meaning set forth in Section 1.1(a)(xxxiii) hereof, the definition of Lease Year.

First Lease Year shall be the period commencing on the Rent Commencement Date and ending on the first anniversary of the last day of the month prior to the month in which the Rent Commencement Date occurs.

First Lease Year means the period from the Substitution Space Commencement Date through (i) the last day of the sixth (6th) calendar month following the month during which the first (1st) anniversary of the Substitution Space Commencement Date occurs, or (ii) in the event that the Substitution Space Commencement Date occurs on the first (1st) day of the month, the day immediately preceding the sixth (6th) calendar month following the month during which the first (1st) anniversary of the Substitution Space Commencement Date occurs, and each succeeding “Lease Year” shall mean each successive twelve (12) month period following the First Lease Year through and including the Substitution Space Expiration Date. Tenant shall pay Fixed Annual Rent for the Substitution Space (exclusive of electricity charges) from the Substitution Space Commencement Date through the Substitution Space Expiration Date at the following rates:

First Lease Year means the Lease Year commencing on the Commencement Date and ending on the first December 31st following the Commencement Date.

First Lease Year means the period from the Commencement Date through March 31, 2006.