Full Rent Commencement Date definition

Full Rent Commencement Date. Is defined in Article 6.2 hereof. GAAP: United States generally accepted accounting principles as in effect from time to time, consistently applied throughout the specified period.
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Full Rent Commencement Date shall be the date upon which the Historic Lease Credit is no longer applicable due to the expiration of the Historic Lease.
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Full Rent Commencement Date means the earlier of:
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Examples of Full Rent Commencement Date in a sentence

  • The first MAG adjustment Date shall occur on the anniversary of the Full Rent Commencement Date.

  • Development Term is the period commencing on the delivery date of the Premises (the “Commencement Date”) ending at 11:59 p.m. on the day prior to the Full Rent Commencement Date.

  • For example: If the Full Rent Commencement Date occurs on March 1, 2010, the first MAG Adjustment Date shall occur on March 1, 2011 and every March 1 thereafter until expiration of the Lease term.

  • Tenant shall refurbish, redecorate and modernize the interior and exterior of the public retail area of the Premises after the fourth (4th) anniversary of the Full Rent Commencement Date for pre-security locations and after the fifth (5th) anniversary of the Full Rent Commencement Date for post-security locations (the “Mid-Term Refurbishment Date”).

  • Operating Term is the period commencing on the earlier to occur of: (a) the Full Rent Commencement Date and (b) the first day of the calendar month following the six (6) month anniversary of the Commencement Date, and ending on the Expiration Date.

  • Actual Dates (to be inserted upon determination):Commencement Date: Development Term: - Full RentCommencement Date: Operating Term: - Expiration Date: 11:59 p.m. Expiration Date:(§ 2) 11:59 p.m. on the day before the third (3rd) anniversary of the Full Rent Commencement Date.

  • Operating Term is the period commencing on the Full Rent Commencement Date, and ending at 11:59 p.m. on the day prior to the third (3rd) anniversary thereof (the “Expiration Date”).

  • For example: If the Full Rent Commencement Date occurs on March 1, 2015, the first MAG Adjustment Date shall occur on March 1, 2016 and every March 1 thereafter.

  • Beginning on the Full Rent Commencement Date and ending on the Lease Expiration Date as more particularly set forth in Article 4.1 hereof and subject to extension as provided in Article 45 hereof.

  • Operating Term is the period commencing on the Full Rent Commencement Date, and ending at 11:59 p.m. on the day prior to the ( th) anniversary thereof (the “Expiration Date”).CommencementDate:(§ 2.1)The date on which the Airport Director gives notice to Tenant that the Premises are ready for Tenant to take possession.


More Definitions of Full Rent Commencement Date

Full Rent Commencement Date means the first day of the month following the month in which the Acquisition Date occurs.
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Full Rent Commencement Date means the date that is forty five (45) days after all the following have occurred: (i) Landlord shall have delivered, and Tenant shall have accepted, possession of the Premises in the condition required under the Lease, (ii) Tenant shall have obtained all permits and other approvals (including, without limitation, approvals from any mortgagee that may be required) for the commencement of construction of its work to prepare the Premises for its occupancy, (iii) Landlord shall have delivered to Tenant a non-disturbance agreement from the holder of any mortgage affecting the Premises substantially in the form annexed hereto as Exhibit A, and (iv) all contingencies set forth in Section 8.8 of the ASPA shall have been satisfied and the closing under the ASPA shall have occurred.
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Full Rent Commencement Date means the 540th day after the Commencement Date, unless the Commencement Date is the 1st day of a calendar month, in which event the “Full Rent Commencement Date’ means the 1” day of the 19” calendar month of the initial Lease Term.
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Related to Full Rent Commencement Date

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Commencement Date means the date of this Agreement.

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Billing Commencement Date means the earlier of:

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Offering Commencement Date means the first day of each Offering Period.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Recommencement Date As defined in Section 6(d) hereof.

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.