Common use of Term Commencement Date Clause in Contracts

Term Commencement Date. Subject to Section 2.3, the initial term of this Lease (the “Initial Term”) shall commence on Sunday, July 1, 2018 (the “Commencement Date”), and shall expire 11:59 p.m., Pacific Time, on the fifteenth (15th) anniversary of the On-Line Date (as defined below), unless earlier terminated pursuant to this Lease. Thereafter, the Term (as defined below) shall automatically be extended (the “Extended Term”) on an annual basis (i.e. for successive periods of one

Appears in 4 contracts

Samples: Lease and Feedstock Supply Agreement, Lease and Feedstock Supply Agreement, Lease and Feedstock Supply Agreement

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