Base Term Expiration Date definition

Base Term Expiration Date means the date falling on the earlier of (i) the thirtieth (30th) anniversary of the Lease Effective Date or (ii) the number of years and months equal to eighty percent (80%) of the Economic Useful Life of the Unit 2 Facility as determined by the Unit Appraiser pursuant to Section 4.6 of the Facility Lease.

Base Term Expiration Date means the date falling on the earlier of (i) the twenty-fifth (25th) anniversary of the Lease Effective Date or (ii) the number of years and months equal to eighty percent (80%) of the Economic Useful Life as determined by the Unit Appraiser pursuant to Section 4.6 of the Facility Lease.

Base Term Expiration Date means the date which is 1,810 days after the date of the Lease.

Examples of Base Term Expiration Date in a sentence

• Following the Base Term Expiration Date, when all Secured Obligations have been indefeasibly satisfied in full, any remaining Cash Collateral that has not been withdrawn and applied against the Secured Obligations shall revert to LRC as provided in subparagraph 9(F), whereupon LRC may require BTMUCLF to withdraw such remaining Cash Collateral then maintained pursuant to this Agreement and promptly transfer such remaining Cash Collateral to LRC.

• Unless and until Lessee has exercised the Early Termination Option or the Purchase Option, no sublease may have a term that extends beyond the Base Term Expiration Date.

• Each Item of Property is leased for a term commencing on the Acceptance Date for such Item of Property and ending on the Base Term Expiration Date (or any earlier Expiration Date), subject to the provisions of Sections 3.02 and 3.04.

• In addition, in the event Lessee does not intend to exercise the Purchase or Renewal Option as provided for in the Purchase and Renewal Rider attached to a Schedule and made a part thereof, Lessee must notify Lessor of its intent to return the Equipment at least one hundred twenty (120) days but not more than two hundred seventy (270) days prior to the Base Term Expiration Date.

• Lessees shall give Lessor written notice not less than 180 days prior to the Base Term Expiration Date of its election to exercise the option provided in this Section 20, which notice shall be irrevocable.

More Definitions of Base Term Expiration Date

Base Term Expiration Date has the meaning set forth in Section 2.3 of the Lease.

Base Term Expiration Date means the Final Maturity Date.

Base Term Expiration Date means the Transaction Term Expiration Date. "BASIC DOCUMENTS" -- the Participation Agreement, the Contribution Agreements, the Trust Agreement, the Notes, the Partnership Agreement (including each Partnership Agreement Supplement), the O&M Agreement (including each O&M Agreement Supplement), the Services Agreement, the Guaranty, the Indenture (including each Indenture Supplement) and each Tax Indemnity Agreement.

Base Term Expiration Date means June 27, 2005.

Base Term Expiration Date means with respect to any Aircraft, the meaning set forth in the Lease Supplement with respect to such Aircraft.

Base Term Expiration Date means the date that is five years and one month after the Completion Date or such earlier date on which the Lease is terminated in accordance with the terms of the Operative Documents.

Base Term Expiration Date. Unless sooner terminated as provided in the Lease, the last day of the month in which the tenth (10th) anniversary of the Commencement Date occurs.