Examples of Lease Year in a sentence
Tenant shall submit to the City on or before January 1 of each Lease Year, beginning on the first full year after the Commencement Date, a complete and accurate financial statement of the parking receipts.
Base Rent shall continue to be increased by three percent (3%) over the Base Rent for the immediately preceding Lease Year during each Option Term.
Shall be Twenty-Eight and No/100 Dollars ($28.00) per square foot, per month for the first Lease Year (as hereinafter defined) and as shown in the rental chart below.
For each Lease Year after the Base Year and as provided in this Lease, Tenant shall pay to Landlord as additional rent the amount of the increase of the Comparison Year Operating Expenses over the Base Year Operating Expenses, if any, times Tenant's Percentage ("Tenant's Share of Operating Expenses").
The “DBC MAG Shortfall” is the amount by which the number of tons of Dry Bulk Cargo handled at Port Everglades in the applicable Lease Year is less than the applicable DBC MAG.