Renewal Term Commencement Date definition

Renewal Term Commencement Date. As defined in Section 1.3(d).
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Renewal Term Commencement Date has the meaning set forth in Section III.B. KK. “Renewal Term Expiration Date” has the meaning set forth in Section III.B.
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Renewal Term Commencement Date is defined in Paraxxxxx 0X xx this Lease.
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Examples of Renewal Term Commencement Date in a sentence

  • Tenant shall have no right to exercise the Renewal Option if a Tenant Event of Default exists on the date of the Renewal Notice or on the Renewal Term Commencement Date.

  • The annual rent during the Additional Renewal Terms shall increase on each anniversary of the Additional Renewal Term Commencement Date by an amount equal to four percent (4%) over the annual rent due during the immediately preceding lease year.


More Definitions of Renewal Term Commencement Date

Renewal Term Commencement Date shall have the meaning ascribed to it in Section 42.1 of this Lease.
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Renewal Term Commencement Date as defined in Section 33.1(a). Renewal Term Expiration Date: as defined in Section 33.1(a). Rent: collectively, Fixed Rent and Additional Rent. Rent Commencement Date: November 15, 2007, subject to extension for Landlord Delay in accordance with the terms of this Lease. If prior to the Rent Commencement Date, a fire or other casualty shall occur and Tenant would be entitled to an abatement of Rent pursuant to Section 12.1 hereof if the Rent Commencement Date had occurred, then the Rent Commencement Date shall be extended for each day that the Rent would have been abated under Section 12.1 hereof.
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Renewal Term Commencement Date means, as applicable, the First Renewal Term Commencement Date and/or the Second Renewal Term Commencement Date.
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Renewal Term Commencement Date as defined Section 12 of the Sixth Amendment to Lease Agreement is hereby deleted and replaced with “the day after the Expiration Date”.
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Related to Renewal Term Commencement Date

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Renewal Term has the meaning set forth in Section 2.

  • Initial Term has the meaning set forth in Section 7.1.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Offering Commencement Date means the first day of each Offering Period.

  • Commencement Date means the date of this Agreement.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Extension Term means the time period defined in §2.C.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

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

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Billing Commencement Date means the earlier of: