Lease Year Defined Sample Clauses

Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean (a) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) month period commencing on the Commencement Date or (b) if the Commencement Date is not the first (1st) day of a calendar month, the period commencing on the Commencement Date and ending on the last day of the twelfth (12th) full calendar month of the Term, and in either case, each succeeding twelve (12) month period thereafter which falls in whole or in part during the Term.
AutoNDA by SimpleDocs
Lease Year Defined. The first “Lease Year” shall begin on the Rent Commencement Date and shall end on the last day of the twelfth (12th) full calendar month following the Rent Commencement Date. Each Lease Year thereafter shall consist of twelve (12) consecutive calendar months following the end of the immediately preceding Lease Year.
Lease Year Defined. Lease Year" as used herein, means a period of (12) twelve consecutive months during the Lease Term commencing on February 1 of any calendar year, the first Lease Year commencing on the first day of the first February occurring on or after the Commencement Date. "Partial Lease Year" means that portion of the Lease Term prior to the first Lease Year.
Lease Year Defined. The term "
Lease Year Defined. B. The term "lease year," as used in this Agreement, means a period of twelve (12) consecutive full calendar months beginning July 1 of each year and ending on June 30 of each year.
Lease Year Defined. “Lease Year” as used herein shall mean a twelve month period, the first Lease Year commencing on the Rent Commencement Date, and each successive Lease Year commencing on the successive anniversaries thereof.
Lease Year Defined. As used in this Lease, the term “Lease Year” shall mean if the Commencement Date is July 2, 2008, the first Lease Year shall be the period commencing on the Commencement Date and ending on June 30, 2009 and each succeeding twelve (12) month period thereafter, and in the final Lease Year that period which falls in whole or in part during the Term.
AutoNDA by SimpleDocs
Lease Year Defined. The “First Lease Year” means the period beginning on the Commencement Date and ending on the last day of the twelfth full calendar month thereafter; provided, however, if the Commencement Date is not the first day of a month, then the First Lease Year shall commence on the Commencement Date and shall continue for the balance of the month in which the Commencement Date occurs and for a period of twelve (12) full calendar months thereafter. “Lease Year” means each successive twelve (12) month period after the First Lease Year occurring during the Term. The First Lease Year shall also be considered a Lease Year.
Lease Year Defined. Lease Year" is each twelve (12) month period during the Term or Extension Term, as applicable, with the first Lease Year commencing at 12:01 A.M. on the Commencement Date and ending at midnight on the day immediately preceding the first (1st) anniversary of the Commencement Date.
Lease Year Defined. The term "lease year" whenever used in Article III, Section 4 of this lease for purposes of calculating Lessee's share of taxes and insurance shall mean: (a) With respect to the first lease year the period from the date lease commences through December 31, 2002, inclusive and (b) With respect to each subsequent lease year, the twelve (12) full consecutive calendar months commencing on the first day of January and ending on and including the next following last day of each December. 6.
Time is Money Join Law Insider Premium to draft better contracts faster.