Acquisition by Lease Sample Clauses
The 'Acquisition by Lease' clause defines the process by which a party obtains the right to use property or assets through a leasing arrangement rather than by purchasing them outright. This clause typically outlines the terms under which the lease is granted, such as duration, payment obligations, and conditions for renewal or termination. By specifying these terms, the clause provides a clear framework for both parties, ensuring that the lessee can use the asset while the lessor retains ownership, thereby facilitating access to necessary resources without requiring a large upfront investment.
Acquisition by Lease. The Recipient agrees that if it intends to acquire Project property through a lease it will comply, as applicable, with 49 U.S.C. chapter 53 and section 3019 of the FAST Act.
Acquisition by Lease. The percentage fee will be based upon the sum of the fee band charges and a proportion of the top band where relevant. Minimum Fee £ Rent up to 250,000 Additional rent from 250,001 to 500,000 Additional rent from 500,001 to 1,000,000 Additional rent from 1,000,001 to 5,000,000 Additional rent from 5,000,001 to 10,000,000 Additional rent from 10,000,001 + Maximum Fee £