Examples of Last Advance Date in a sentence
Borrower must provide invoices for the equipment to Silicon on or before the Last Advance Date.
It is understood that Tenant may, but shall not be required, to give a Notice of Last Advance in order to accelerate the Last Advance Date and to thereby accelerate the date upon which Commitment Fees shall cease to accrue.
The last "Construction Period" shall end on but not include the Last Advance Date.
Construction Advances" means actual advances of funds made by or on behalf of Landlord pursuant to Paragraph 6.(a)(i) below for costs incurred to construct the Designated Improvements or for property taxes and assessments assessed against the Leased Property paid prior to the Last Advance Date.
In any event, no Advance Date shall occur after the Last Advance Date.
If the Base Rent Commencement Date occurs before the Last Advance Date, then each Base Rent Date through and including the Last Advance Date shall also constitute an "ADVANCE DATE" hereunder.
BASE RENT COMMENCEMENT DATE" means the earlier of (1) the Last Advance Date, or (2) the first Business Day of any calendar month that occurs at least ten (10) days after Landlord has received a notice from Tenant stating that Tenant irrevocably elects to have Base Rent begin to accrue as soon as possible under this Lease.
The last "CONSTRUCTION PERIOD" shall end on but not include the Last Advance Date.
In any event, the Last Advance Date shall be the final Advance Date.
CONSTRUCTION ADVANCES" means actual advances of funds made by or on behalf of Landlord pursuant to Paragraph 6.(a)(i) below for costs incurred to construct the Initial Improvements or for property taxes and assessments assessed against the Leased Property and paid prior to the Last Advance Date.