Preliminary Term definition

Preliminary Term of this Lease shall commence on the Lease Commencement Date and expire on midnight of the day before the Rent Commencement Date (as herein defined). The "Initial Term" of this Lease shall be for a period of thirty-five (35) years commencing upon the Rent Commencement Date and expiring, unless extended pursuant to the terms of this Lease, on midnight of the last day of the thirty-fifth (35th) lease year. As used herein, the term "lease year" means a twelve (12)-month period commencing on the Rent Commencement Date or any anniversary thereof.

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Preliminary Term shall begin as of the date of this Lease and, unless sooner terminated as herein provided, continue thereafter through the day immediately prior to the Rent Commencement Date.

Preliminary Term means the period running from the Effective Date until the Preliminary End Date (as hereinafter defined), unless this Agreement is terminated prior thereto or is extended by the written mutual agreement of the parties hereto.

Examples of Preliminary Term in a sentence

• This Preliminary Term Sheet is provided for information purposes only, and does not constitute an offer to sell, nor a solicitation of an offer to buy, the referenced securities.

• The Preliminary Term Sheet, the Preliminary Free Writing Prospectus and any Custom Loan Information, Derived Information or other information relating to the Underwritten Certificates disseminated by the Depositor (with the prior consent of the Underwriter pursuant to Section 4) or by the Underwriter (with the prior consent of the Depositor pursuant to Section 4), that constitutes a “free writing prospectus” within the meaning of Rule 405 under the Securities Act.

• For purposes of this Agreement, the following terms shall have the respective meanings set forth below: Custom Loan Information: Such information regarding the Mortgage Loans as is disseminated by any Underwriter to a potential investor, exclusive of any Seller Mortgage Loan Information (in the form provided by the Depositor) and information included in the Preliminary Term Sheet.

• No first-year commissions are payable on Preliminary Term Insurance premiums or on Flat Extra Premium assessed for nine (9) years or less.

• The Preliminary Term, the Interim Term and the Basic Term of the lease for the Aircraft under the Lease and, if renewed pursuant to Section 4.01 of the Lease, each Renewal Term for the Aircraft for which the Lease is renewed, or such earlier date on which the Lease is terminated pursuant to its terms.

• Preliminary Term (as defined in Section 4.03) begins on Delivery of Possession.

• The "Preliminary Term" of this Lease shall commence on the Lease Commencement Date and expire on midnight of the day before the Rent Commencement Date (as herein defined).

• The Preliminary Term Sheet and any Custom Loan Information, Derived Information or other information relating to the Underwritten Certificates disseminated by the Depositor (with the prior consent of the Underwriters pursuant to Section 4) or by any Underwriter (with the prior consent of the Depositor pursuant to Section 4), that constitutes a “free writing prospectus” within the meaning of Rule 405 under the Securities Act.

• The Preliminary Term Sheet and any Custom Loan Information, Derived Information or other information relating to the Publicly-Offered Certificates disseminated by the Depositor (with prior notification to the Underwriters pursuant to Section 4) or by any Underwriter (with the prior consent of the Depositor pursuant to Section 4), that constitutes a “free writing prospectus” within the meaning of Rule 405 under the Securities Act.

• Delivery of Possession of the Leased Premises to Tenant as provided in Section 5.02 shall be considered “entry” by Tenant and commencement of the Preliminary Term.

More Definitions of Preliminary Term

Preliminary Term means that period of time from the Effective Date to the Rent Commencement Date.

Preliminary Term. If the Commencement Date is not January 1, the period from and including the Commencement Date through December 31st of the calendar year in which the Commencement Date occurs.

Preliminary Term means the period commencing on the Preliminary Commencement Date and ending on the day before the Commencement Date. Before and during the Preliminary Term, the Initial Leasehold Improvements will be constructed on a floor-by-floor basis. The "Main Term" shall mean a period of one hundred forty-four (144) months commencing on the Commencement Date. If Landlord's Contractor constructs the Initial Leasehold Improvements:

Preliminary Term shall have the meaning set forth in Section 1.A(4).