Lease Term definition

Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.
Lease Term has the meaning described in Section 3.01.
Lease Term means the duration of the leasehold estate created by the Lease Agreement as specified in Section 4.2 of the Lease Agreement.

Examples of Lease Term in a sentence

  • Lessor hereby grants to Lessee during the Lease Term a license to use and enforce all warranties, guaranties, indemnities and similar rights (collectively, the “Warranties”) which Lessor may have against any manufacturer, seller, engineer, contractor or builder in respect of any of the Properties.

  • The representations in this Section 5.05 shall be true and correct at all times during the Lease Term.

  • Effective upon Prime Landlord’s draw of such amount, the remaining amount of the Letter Credit required to be maintained for the remainder of the Prime Lease Term is $760,000.

  • During the Lease Term, if (a) Lessor receives and intends to accept a bona fide written offer to purchase one or more of the Properties or any portion of a Property, or (b) extends a bona fide written offer to sell one or more of the Properties or any portion of a Property (in each case, an “Offered Property”), Lessor shall provide Lessee with written notice of its intention prior to entering into any binding agreement with respect to the Offered Property (the “ROFR Notice”).

  • Upon the request of Lessor or Lessee, the parties hereto will, at the expense of the requesting party, execute and exchange an instrument in recordable form setting forth the extension of the Lease Term in accordance with this Section 3.03.


More Definitions of Lease Term

Lease Term means the Original Term and all Renewal Terms.
Lease Term means the term of this Lease as stated in Section 4 of this Lease.
Lease Term means the period between the Commencement Date and the Expiration Date (as such terms are hereinafter defined), unless sooner terminated as otherwise provided in this Lease.
Lease Term means the term of each Lease Agreement, as specified therein.
Lease Term means, with respect to a Property Schedule, the Original Term and all Renewal Terms. The Lease Term for each Property Schedule executed hereunder shall be set forth in such Property Schedule, as provided in Section 4.02.
Lease Term shall have the meaning described in Section 4.
Lease Term. ("Starting Date") to ("Ending Date")