The Extension Period definition

The Extension Period. The amount of Distributions payable for any period shall include the Additional Amounts, if any.
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The Extension Period term shall begin the first day following the Expiration Date and shall take effect on the same terms and conditions in effect under the Lease immediately prior to the first Extension Period, except that monthly Base Rent shall be two thousand eight hundred nine dollars ($2,809.00).
Sample 1
The Extension Period term shall begin the first day following the Expiration Date and shall take effect on the same terms and conditions in effect under the Lease immediately prior to the first Extension Period, except that monthly Base Rent shall be three thousand three hundred dollars ($3,300.00).
Sample 1

Examples of The Extension Period in a sentence

  • The Extension Period will be subject to any further agreement (novation) which Contractor and County may enter into covering the provision of services during the contract period immediately following the term of this Contract and any Extension thereof, in accordance with Contra Costa County’s current revision of the project, if any, specified in Paragraph 8.

  • The Extension Period Redemption Payment shall be an amount calculated by the Partnership equal to the constant monthly principal payments required to fully amortize, over a term of thirty (30) years, the a loan in an amount equal to the then outstanding principal amount of the Loan, assuming a debt constant of 7.58% (calculated based on an annual interest rate of 6.5% and such thirty (30) year amortization schedule).

  • The Extension Period shall commence, if at all, immediately following the expiration of the initial Term of the Lease.

  • The Extension Period will commence at the end of Option Period 2.

  • The Extension Period term shall begin the first day following the Expiration Date of the Lease and shall take effect on the same terms and conditions in effect under the Lease immediately prior to the Extension Period, except that (i) Tenant shall have no further right to extend and (ii) monthly Base Rent shall be the rate which is Fair Market Value (as defined below).

  • The Extension Period shall commence, if at all, immediately following the expiration of the initial Lease Term.

  • The Extension Period will give the Debtors the time and reprieve necessary to thoughtfully engage in negotiations with Landlords regarding Lease Obligations and to determine whether assumption or rejection of the applicable Leases are appropriate.

  • The Extension Period may be extended for an additional two years for those Existing Magnet Schools operated by Hartford Public Schools that are under construction or renovation upon a request for such extension and approval of an appropriate Enrollment Management Plan by the State.

  • The Extension Period shall be upon all of the terms and provisions of the Lease, except that (i) the Minimum Monthly Rent during such Extension Period shall be one hundred percent (100%) of then Fair Market Rent (as defined below) (ii) any work, allowance, free rent, or concession provided by Landlord in connection with the commencement of the initial Term shall not apply; and (iii) Tenant shall not have any additional option to extend.

  • The Extension Period, unless otherwise specified in Section 2.3(f)(2) will be one year.

Related to The Extension Period

  • Extension Period has the meaning specified in Section 3.12.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Extension Term means the time period defined in §2.C.

  • Service Extension shall have the meaning set forth in Section 7.1(c).

  • Grace Period Extension Date means, if:

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Debt service extension base means an amount equal to that

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Aggregate extension base means the taxing district's

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Initial Term has the meaning set forth in Section 7.1.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Renewal Term has the meaning set forth in Section 2.