Base Rent Period definition

Base Rent Period means a period for which Base Rent must be paid under the Lease, each of which periods will correspond to the ABR Period Election or LIBOR Period Election for the period (except when a Fixed Rate Lock continues in effect). The first Base Rent Period will begin on and include the Base Rent Commencement Date, and each successive Base Rent Period will begin on and include the Base Rent Date upon which the preceding Base Rent Period ends. Each Base Rent Period, including the first Base Rent Period, will end on but not include the first or second Base Rent Date after the Base Rent Date upon which such period began, determined as follows:
Base Rent Period means a period for which Base Rent must be paid under the Lease, each of which periods shall correspond to the LIBOR Period Election for such period. The first Base Rent Period shall begin on and include the Base Rent Commencement Date, and each successive Base Rent Period shall begin on and include the Base Rent Date upon which the preceding Base Rent Period ends. Each Base Rent Period, including the first Base Rent Period, shall end on but not include the first or second Base Rent Date after the Base Rent Date upon which such period began, determined as follows:
Base Rent Period means a period for which Base Rent must be paid under the Land Lease, each of which periods shall correspond to the LIBOR Period Election for such period. The first Base Rent Period shall begin on and include the Base Rent Commencement Date (Building 4), and each successive Base Rent Period shall begin on and include the Base Rent Date upon which the preceding Base Rent Period ends. Any Base Rent Period which begins prior to the Base Rent Commencement Date shall end on but not include the first Business Day of the first calendar month after such Base Rent Period begins. The Base Rent Period that begins on and includes the Base Rent Commencement Date, and each successive Base Rent Period thereafter, shall end on but not include the first or second Base Rent Date after the Base Rent Date upon which such period began, determined as follows:

Examples of Base Rent Period in a sentence

  • Plus we only had a limited amount of cash to spend, so a commercial oar trip was outof the question because of cost and length of time required.

  • For Base Rent Periods subject to a LIBOR Period Election of six months, Base Rent shall be payable in two installments, with the first installment becoming due on the Base Rent Date that occurs on the first Business Day of the third calendar month following the commencement of such Base Rent Period, and with the second installment becoming due on the Base Rent Date upon which the Base Rent Period ends.

  • Cheshire Health Libraries are embedded in the project team and will keep the group updated on progress.

  • Under such assumptions, the Base Rent for the hypothetical Base Rent Period will equal: $11,500,000 x 4% x 90/360, or $115,000.

  • The Base Rent for each such Base Rent Period shall equal (A) Stipulated Loss Value on the first day of such Base Rent Period, times (B) the Effective Rate with respect to such Base Rent Period, times (C) the number of days in such Base Rent Period, divided by (D) three hundred sixty (360).

  • This certainly hampers the process of health care assistance by the family.Family health care in this study is based on Theory of Family Stress and Adaptation (G.

  • If, however, Tenant makes a LIBOR Period Election of six months for the hypothetical Base Rent Period beginning June 2, 1997, then such Base Rent Period will end on but not include the second Base Rent Date after June 2, 1997; that is, December 1, 1997.

  • Each installment of Base Rent payable for any ---------------------------- Base Rent Period during which the Collateral Percentage is less than one hundred percent (100%) shall equal: .

  • Ultimate responsibility for reporting the mishap lies with the diver’s parent command.(e)Report uneventful dives using the Dive Reporting System (DRS).

  • The "LIBOR PERIOD ELECTION" for any Base Rent Period means a period of one month, three months, six months, nine months or twelve months as designated by Tenant at least ten (10) Business Days prior to the commencement of such Base Rent Period by a written notice given to Landlord in the form of Exhibit J attached hereto.


More Definitions of Base Rent Period

Base Rent Period means (1) the period beginning on and including the date hereof and ending on but not including the first Base Rent Date, (2) the period beginning on and including the first Base Rent Date and ending on but not including second Base Rent Date, and (3) each successive period of approximately three (3) months. Each successive Base Rent Period after the first Base Rent Period shall begin on and include the day on which the preceding Base Rent Period ends and shall end on but not include the next following Base Rent Date.
Base Rent Period as defined in Section 3.02(a).
Base Rent Period means a period for which Base Rent must be paid under the Lease, each of which periods shall correspond to the
Base Rent Period means a period for which Base Rent must be paid under the Land Lease. The first Base Rent Period shall begin on and include the Effective Date and end on but not include the first Base Rent Date. Each successive Base Rent Period shall begin on and include the Base Rent Date upon which the preceding Base Rent Period ends and shall end on but not include the next following Base Rent Date (i.e., the first Business Day of the next calendar month).

Related to Base Rent Period

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

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

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Base Term Beginning (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on August 31, 2024.”

  • Base Rent As defined in Section 3.1.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

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

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

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

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

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

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

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Loan Year With respect to any Mortgage Loan, the one year period commencing on the day succeeding the origination of such Mortgage Loan and ending on the anniversary date of such Mortgage Loan, and each annual period thereafter.