Midpoint Date definition
Midpoint Date means with respect to any Fixed Rate Period, the first day which is at least one-half of the number of days in such Fixed Rate Period after the first day of such Fixed Rate Period.
Midpoint Date means, with respect to any Term Rate Period, the first Interest Payment Date which is at least one-half of the number of days into such Term Rate Period.
Midpoint Date means the date that is halfway between March 31, 2008 and the Closing Date (determined by including March 31, 2008 and including or excluding the Closing Date, as the case may be, in order to cause the period used for such determination to comprise an odd number of days).
Examples of Midpoint Date in a sentence
For example, if the Substantial Completion Date for the First Increment were August 3, 2001, and the Substantial Completion Date for the Second Increment were October 23, 2001, the Premises Completion Midpoint Date would be September 12, 2001.
For example, if the Premises Completion Midpoint Date were September 12, 2001, Base Rent would be $26.00 per rentable square foot through August 31, 2002.
For purposes of this Lease, the "Premises Completion Midpoint Date" shall be the date that is half way between the Substantial Completion Date for the First Increment and the Substantial Completion Date for the Second Increment.
More Definitions of Midpoint Date
Midpoint Date means, in respect of a Product or Consignment Product, the date falling exactly halfway between the production date and the expiry date as stated on the packaging of the relevant Product or Consignment Product, rounded down to the nearest whole day;