Lease Year definition

Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

Lease Year means the twelve (12) month period commencing on the Commencement Date and each successive twelve (12) month period thereafter.

Lease Year means a period of twelve (12) consecutive full calendar months. The first Lease Year shall begin on the Ground Lease Commencement Date. Each succeeding Lease Year shall commence upon the anniversary of the first day of the previous Lease Year.

Examples of Lease Year in a sentence

Each Renewal Tenn shall be upon the same te1ms, conditions and covenants as contained herein (subject to Rent and rate adjustments as provided herein), and each year thereof shall be deemed a Lease Year.

Lease Year means each twelve-month period during the term of the Lease commencing upon the effective date of the Lease.

Lease Year means, with respect to the first Lease Year, the period commencing on the Commencement Date and ending at midnight on the last day of the twelfth (12th) consecutive calendar month following the month in which the Commencement Date occurred, and each succeeding twelve (12) month period during the Term.

Lease Year means a period of twelve (12) consecutive full calendar months with the first Lease Year commencing on the date of the commencement of the term of this Lease and each succeeding Lease Year commencing upon the anniversary date of the first Lease Year; however, if this Lease does not commence on the first day of a month, then, the first Lease Year and each succeeding Lease Year shall commence on the first day of the first month following each anniversary date of this Lease;

Lease Year means each consecutive twelve (12) month period during the Lease Term. At any time during the Lease Term, Landlord may deliver to Tenant a notice in the form as set forth in Exhibit C, attached hereto, as a confirmation only of the information set forth therein, which Tenant shall execute and return to Landlord within five (5) days of receipt thereof.

Lease Year means each one (1) year period following the Effective Date and each anniversary of the Effective Date.

Lease Year means the twelve (12) month period commencing January 1st and ending December 31st.