Initial Lease Term definition

Initial Lease Term means the initial lease term shown on the signature page of the Agreement.
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Initial Lease Term. Four (4) years plus any additional days required for the Initial Expiration Date to occur on the last day of a month as set forth in Paragraph 2.5.2, below, beginning as of the Lease Commencement Date and ending as of the Initial Expiration Date.
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Initial Lease Term. Two (2) years plus any additional days required for the Initial Expiration Date to occur on the last day of a month as set forth in Paragraph 2.5.2, below, beginning as of the Lease Commencement Date and ending as of the Initial Expiration Date.
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Examples of Initial Lease Term in a sentence

  • Unless either Party provides written notice of non-renewal to the other Party at least ninety (90) days prior to the end of the Initial Lease Term or Renewal Term (defined in this sentence) as the case may be, the term of the Agreement shall continue for a period of twelve (12) consecutive months (each a “Renewal Term”).

  • Upon completion of the Agreement, in the event that the Customer opts to not purchase the Equipment, as described under Section 4.2, the Customer shall be responsible for any cost associated with the safe return of the Equipment to Miraclon within thirty (30) days from the end of the Initial Lease Term or any Renewal Term.

  • The Initial Lease Term together with any Renewal Term(s) shall be referred to as the Lease Term.

  • Landlord covenants that Tenant shall have quiet and peaceable possession of the Premises throughout the Initial Lease Term and any Renewal Term, if any, as the case may be, and that Landlord will not intentionally disturb Tenant’s enjoyment thereof as long as Tenant is not in default under this Lease.


More Definitions of Initial Lease Term

Initial Lease Term means the Lease Term as defined in the Lease.
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Initial Lease Term means the period of time specified in the Summary commencing at noon on the Commencement Date specified in the Summary and expiring at noon on the Expiration Date described in the Summary (the Initial Lease Term together with any extensions thereof is herein referred to as the “Lease Term”).
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Initial Lease Term means the period of months set forth following such term on the cover page of this Lease.
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Initial Lease Term means the term of this Lease for any item of Equipment as set forth in the Addendum or Schedule relating to such item of Equipment.
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Initial Lease Term means, with respect to each Schedule, the period beginning on the first day of the calendar month following the Acceptance Date for such Schedule and continuing for the number of months set forth following such term on the cover page of this Lease.
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Initial Lease Term shall have the meaning set forth in Subparagraph 2.2(a). LOT B
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Initial Lease Term shall have such meaning as is set forth in Exhibit B
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