Term of the Lease definition

Term of the Lease means and refer to the period described in Item 5 of the Basic Lease Information, subject to the terms of such Item 5.
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Term of the Lease means the length of time which the lease has to run from the date when the premium is received, and is in the case where the premium is received for or in connection with the surrender of a lease, the length of time which the lease would have had to run at the date of such receipt if it had not been surrendered:
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Term of the Lease means the time during which the Lease Agreement is in effect, as provided in Section 4.2 thereof.
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Examples of Term of the Lease in a sentence

  • The Initial Term of the Lease shall be the number of years referenced on the Lease Cover Sheet.

  • The term "operational cost savings" means a reduction in operational costs to the landlord through the application of Building improvements that achieve cost savings over the Firm Term of the Lease sufficient to pay the incremental additional costs of making the Building improvements.

  • If the Offeror chooses to amortize the TI for a period exceeding the Firm Term of the Lease, the Offeror shall indicate the extended time in the offer.

  • Resident is responsible for paying for all utilities that are in Resident’s name during the Term of the Lease Contract even if Resident moves out prior to the Expiration Date.

  • If the Government elects to make a lump sum payment for the TIA after occupancy, the payment of the TIA by the Government will result in a decrease in the rent according to the amortization rate over the Firm Term of the Lease.


More Definitions of Term of the Lease

Term of the Lease. The term shall begin on   (enter start date) and end  (enter end date) unless any of the following events occur: (1) the Lease is terminated by the Landlord in accordance with applicable State and local landlord and tenant laws, or (2) the Lease is terminated by the Tenant in accordance with the Lease or by mutual agreement during the term of the Lease (the “Term”).
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Term of the Lease means the Term of the Lease defined in Clause 3 hereof; and
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Term of the Lease means the time during which the Lease is in effect, as provided in theLease.
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Term of the Lease means the maximum number of years under which any rights or privileges may be exercised or extended with respect to a leasehold estate under a leasehold agreement, inclusive of any rights, privileges or options to extend or renew the lease or any portion thereof, or to enter into a subsequent lease or series of leases with respect to the real property, or any interest therein that is the subject of the leasehold estate.
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Term of the Lease means the time during which the Lease is in effect, as provided in Section 3.4 thereof.
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Term of the Lease or “term of this Lease” shall have the meaning specified in Sections 3.01 and 3.02 hereof.
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Term of the Lease. 49 years commencing from the Date of the Approval of the Transaction, i.e. from 06.02.2005 until — 05.02.2054.
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