Interim Term definition

Interim Term the period from and including the Interim Term Commencement Date to but not including the Primary Term Commencement Date.

Interim Term for each Item of Equipment means the period commencing on the Acceptance Date for such Item (unless the Acceptance Date is the Basic Term Commencement Date, in which case there shall be no Interim Term for such Item) and ending on the date immediately prior to the Basic Term Commencement Date.

Interim Term means the period of time from the execution of this Lease until the beginning of the Initial Term.

Examples of Interim Term in a sentence

• Subject to the terms of this Agreement the Interim Term Lenders make available to Bidco an interim term loan facility in an aggregate amount equal to the Total Interim Term Commitments (the Interim Term Facility).

• Interim Term No Concession Fees will be due during the Interim Term of this Agreement.

• The Interim Term of this Agreement shall commence on June 17, 2014 and, unless sooner terminated or extended in accordance with the terms and conditions of this Agreement, will continue until the last day of the first month in which the Terminal opens on Opening Day, which is anticipated to be Spring of 2015.

• The Interim Term shall commence on the Commencement Date and shall expire at 11:59 PM Pacific Time on December 31, 2019.

• The Term of this Permit shall consist of the Interim Term (as hereafter defined in this Paragraph C) and the Primary Term (as hereafter defined in this Paragraph C).

More Definitions of Interim Term

Interim Term shall have the meaning specified in Section 3.1 of the Lease.

Interim Term means the period commencing on the Delivery Date and ending on and including the day immediately preceding the Commencement Date unless earlier terminated in accordance with the provisions hereof.

Interim Term has the meaning set forth in Article 2 of the Lease.

Interim Term for this Lease shall commence upon the commencement date set forth in the applicable Rental Schedule and shall end on the commencement date of the Primary Term.

Interim Term is defined in Section 3(a) of the Master Lease.

Interim Term is defined in each respective Lease Schedule.

Interim Term is defined in Section 6.3.