Examples of Renewal Commencement Date in a sentence
On the first anniversary of the Commencement Date and on each succeeding anniversary date thereafter (“Renewal Commencement Date”), the term of employment of the Officer under this Agreement shall be automatically extended for one (1) additional year, thereby extending the contract to the second anniversary of the Renewal Commencement Date, unless either party shall have elected to fix the expiration date of the Officer’s term of employment.
Landlord hereby grants to Tenant the option to renew the Lease, for an additional term of five (5) years (the "Renewal Term") with the option commencing on the expiration of the Lease (the "First Renewal Commencement Date") and ending five (5) years thereafter (the "First Renewal Expiration Date").
The parties agree that the Third Renewal Commencement Date was December 1, 2009.
Staff noted the inconsistency between Lake Oswego code and the codes of other jurisdictions where multiple family housing is defined as three or more dwelling units on a lot, not based on the number of dwellings in individual buildings.
You agree that your Account will be subject to this automatic renewal feature unless you cancel your subscription at least 24 hours prior to the Renewal Commencement Date by logging into and going to the “Manage App Subscriptions” page in the Apple App Store or the “My Apps” page in the Google Play Store app.
After the final completion of the Work and a reconciliation by Landlord of the Refurbishment Allowance and the total construction costs, Tenant may use any excess Refurbishment Allowance (up to a maximum of $10.00 per rentable square foot, in the Premises) toward the cost of Tenant’s Rent obligations under the Lease following the Renewal Commencement Date by so notifying Landlord in writing of Tenant’s election.
As mentioned in the above, most of the community radio station in the developing nations had established by international organization and / or donors.
In connection with that July 2000 Supplemental Executive Retirement Plan, as amended (the “SERP”), the Executive and the Company agree that no compensation paid to Executive between the Renewal Commencement Date and the Term End shall be included in the calculation of benefits payable to Executive under the SERP (the “Xxxxxxx SERP Payout”).
Commencing on August 1, 2021 ("First Renewal Commencement Date"), the Lease Term is hereby renewed for a term of one hundred and twenty (120) months ("First Renewal Term"), unless sooner terminated in accordance with the provisions of the Lease.
The “Cancellation Fee” shall equal the sum of (1) $351,975 (equal to six months of Base Rent) and (2) the amount that would be outstanding on a hypothetical loan on the Cancellation Date assuming (A) an original principal balance equal to the Leasing Costs (defined below), (B) an interest rate of 8.5% per annum, (C) the loan is payable in 120 equal monthly installments of principal and interest, beginning on the Renewal Commencement Date, and (D) all payments were made before the Cancellation Date.