Interim Lease Term definition

Interim Lease Term means the period commencing on and including the Delivery Date, and ending on and including the day immediately preceding the Commencement Date or such earlier date on which the Term terminates in accordance with the provisions of the Lease.
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Interim Lease Term shall have the meaning specified in Section 3.1 of the Facility Lease.
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Interim Lease Term is defined in Section 2.3
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Examples of Interim Lease Term in a sentence

  • The rent for each item of Equipment during the Interim Lease Term shall be an amount equal to 1/30th of the Primary Rent (defined below) multiplied by the number of days from and including the Acceptance Date to the Commencement Date which amount shall be payable on the Commencement Date.

  • Landlord shall lease the Interim Leased Premises to Tenant for the Interim Lease Term.

  • This means that the overall population of Nigerian rice farmers was not equally exposed to the new varieties (the instrument for the policy intervention was not randomly distributed).

  • The Monthly Rent shall be due and payable in advance on or before the first day of each calendar month during the Interim Lease Term, and shall be prorated for any partial month at the conclusion of the Interim Lease Term.

  • The Interim Lease Term of this Lease shall commence on (and ---------- include) the Acquisition Date and end on February 11, 1999.

  • The Interim Lease Term of this Master Lease shall commence on (and include) the Acquisition Date and end on (but exclude) the Commitment Termination Date.

  • Upon the terms and subject to the conditions of this Lease, the Lessor agrees to lease and upon delivery of Lease Supplement No. 1 leases the Undivided Interest to the Lessee, and the Lessee agrees to lease and upon acceptance of Lease Supplement No. 1 leases the Undivided Interest from the Lessor, for the Interim Lease Term, the Basic Lease Term and, subject to the exercise by the Lessee or the Lessor of the renewal option or options as provided in Section 5, the Renewal Term or Renewal Terms.

  • Except as provided herein, the Aircraft shall be leased hereunder for the Interim Lease Term, the Base Lease Term and the Renewal Terms, if any.

  • Upon no less than sixty (60) days' prior written notice to the Lessor and the payment of an extension fee in the amount of one percent (1%) of the Principal Indebtedness, if the payment of same by Lessor is required under the Nomura Loan Agreement, the Lessee may extend the Interim Lease Term for a period not to exceed twelve (12) months, but in all events to the eleventh day of a calendar month.

  • Except as provided herein, the Aircraft shall be leased hereunder for the Interim Lease Term, the Base Lease Term and each Renewal Term, if any.


More Definitions of Interim Lease Term

Interim Lease Term means the period from the Delivery Date to and including September 30, 1990.
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Interim Lease Term is defined in Section 2.3 of the Master Lease.
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Interim Lease Term means the period commencing on January 6, 1996 and expiring at the end of the day on the day before the Base Lease Term Commencement Date.
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Interim Lease Term means, with respect to each Leased Asset, the period commencing on the Lease Commencement Date for such Leased Asset and ending on the Base Date; PROVIDED, HOWEVER, that if the Lease Commencement Date for any Construction Property is on or after the Base Date, then there shall be no Interim Lease Term for such Property. "INVOLUNTARY CHANGE OF CONTROL" means an event described in CLAUSE (a) or (b) of the definition of Change of Control in the Iron Mountain Credit Agreement (as in effect on the date hereof without regard to any subsequent amendment, modification, waiver, supplement or termination of such credit agreement) and the Guarantor or its Board of Directors shall not have caused, consented to or failed to exercise rights available to it to prevent, such event.
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Interim Lease Term means the period commencing on the Land Closing Date and ending at midnight on the day immediately preceding the Basic Term Commencement Date.
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Related to Interim Lease Term

  • 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.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Site Lease or “Lease” means this Site Lease together with any duly authorized and executed amendment hereto under which the District leases the Site to the Lessee.

  • Commencement Date means the date of this Agreement;

  • special lease means a special lease or license to be granted in terms of this Agreement under the Ratifying Act the Land Act or the Xxxxxxx Xxx 0000 and includes any renewal thereof; “this Agreement” “hereof” and “hereunder” include this Agreement as from time to time added to varied or amended;

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

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

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;