Term Lease Sample Clauses

Term Lease. A Lease, other than a Finance Lease, having an initial term (measured from the commencement date of such lease) of thirty-six (36) months or greater.
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Term Lease. This Agreement shall become effective as of January 1, 2008 (the “Effective Date”) and shall continue in effect until Owner delivers to Lessee at least 45 days prior written notice of termination of this Agreement. Lessee may terminate its participation in this Agreement by delivering written notice to the Owner at least 45 days prior to the effective date of such termination. From and after the Effective Date until the termination of this Agreement, Owner hereby agrees to lease the Aircraft to Lessee pursuant to the provisions of Section 91.501(c)(1) of the FAR and to provide the services of the Flight Crew for all operations.
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Term Lease. If a lease is for a specified period of time (i.e., a year or two years) or has a definite ending date, it is a “term lease,” also known as a “definite term” lease. Under a term lease, the landlord is obligated to rent a specified rental property to the tenant for the specified period of time and a specified amount of rent, and under all other terms of the lease. The tenant is obligated to pay the rent and fulfill all lease conditions during that specified period of time. When the lease expires the tenant must either renegotiate a new lease or stay on as a month-to-month rental, but only with the landlord’s express consent. Neither the landlord nor the tenant needs to give notice of termination at the end of a term lease unless the lease requires such notice. (For information about termination of the lease by either party before the end of the term, see page 8 of this Handbook, Termination of the Lease).
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Term Lease. The Term of this Agreement shall begin on MAY 01, 2020, hereafter the Effective Date of this agreement and shall end on or before which shall be the completion of each Party’s duties and responsibilities set forth herein.
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Term Lease. This Agreement shall become effective as of the date hereof (the “Effective Date”) and shall continue in effect until December 31, 2012 provided either Party may terminate this Agreement for any reason upon at least 45 days prior written notice to the other Party. In addition, this Agreement shall automatically terminate upon sale of the Aircraft by Owner. From and after the Effective Date until the termination of this Agreement, Owner hereby agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Sections 91.501(b)(6), 91.501(c)(1), and 91.501(d) from time to time on a non-exclusive basis and on an “as needed and as available basis” and to provide the services of the Flight Crew for all operations pursuant to this Agreement.
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Term Lease. The LESSOR provides a long-term lease on the ground and the underground of the parcels of land designated thereafter, with the purpose of exploitation by collecting of the mineral water spring of "La Trolliere". The deposit being within the limits of the parcels of land so designated.
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Term Lease. An operating Lease with a minimum maturity (from lease commitment) of three years and a maximum maturity of eight years and containing no Lessee fixed price purchase option.
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Term Lease. This term shall have the meaning set forth in Section 101 of the Loan Agreement.
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Term Lease. This Equipment Lease Agreement shall commence on the above effective date and shall terminate on [date], unless otherwise consistently concluded within these terms. At the end of the lease, the Lesser is obliged to return the equipment to the Lesser to the Lesse226; Spending. 6. POSITION. Equipment must be located [Customer.Address] during the term of this Agreement and must not be removed from such location without the prior written consent of Lesrorà£Ô 7. CARE AND OPERATION. can only be used and used accurately and correctly. its use must comply with all laws, regulations and regulations relating to possession, use, or equipment, including any registration and/or licensing requirements. 8. ASSURANCE. Lessee insures the equipment in an amount of at least [Number] dollars ($DOLLAR AMOUNT NUMBER). Each State has specific laws on compulsory and minimum insurance. Make sure you check state laws to ensure compliance with this section. If you cannot identify such laws or are not sure, it is recommended to contact a lawyer within your state. 9.
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Related to Term Lease

  • New Lease In the event of the termination of this Lease as a result of Tenant's default prior to the expiration of the term, or in the event of a rejection by Landlord or Tenant of this Lease under Chapter 11 of the Bankruptcy Code, Landlord shall, in addition to providing the notices of default and termination as required by this Lease, provide each Leasehold Mortgagee with written notice that the Lease has been terminated or that Landlord has filed a request with the Bankruptcy Court seeking to reject the Lease, together with a statement of all sums which would at that time be due under this Lease but for such termination or rejection, and of all other defaults, if any, then known to Landlord. Upon any request of the Leasehold Mortgagee, or its designee, Landlord agrees to enter into a new lease ("New Lease") of the Premises with such Leasehold Mortgagee or its designee for the remainder of the term of this Lease, effective as of the date of termination or rejection, as the case may be, at the Rent, and upon the terms, covenants and conditions (including all transfer rights, but excluding requirements which are not applicable or which have already been fulfilled) of this Lease; provided, however, that (i) the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (the "Senior Leasehold Mortgagee") shall have the right to give notice of its intent to enter into a New Lease to the Landlord for a period of 60 days from its receipt of the notice referred to in the first sentence of this Section 18.2.18 and (ii) if the Senior Leasehold Mortgagee does not exercise its right to enter into the New Lease during this 60-day period; the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (other than the Senior Leasehold Mortgagee) shall have the right to give notice of its intent to enter into a New Lease to the Landlord during the remainder of the period(s) specified below; and provided further, however,

  • Extension of Lease Term The Term of the Lease is hereby extended, pursuant to all of the terms and conditions of the Lease as amended, for an additional period of forty-two (42) months, ending on August 31, 2022 (the “First Extended Term”).

  • Existing Lease Except to the extent specifically amended hereby, all terms and conditions of the Lease remain in full force and effect. [Signatures begin on next page.]

  • Amended Lease If: (i) Tenant fails to timely deliver the Exercise Notice, or (ii) after the expiration of a period of 30 days after Landlord’s delivery to Tenant of a lease amendment for Tenant’s lease of the Identified Space, no lease amendment for the Identified Space acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed to have forever waived its right to lease such Identified Space.

  • Term of Lease This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.

  • Lease Amendment The Lease shall be amended or modified by a written rider to the Lease signed by both parties, except for the following:

  • Term of Leases All Leases for residential dwelling units with respect to the Mortgaged Property satisfy each of the following conditions:

  • Lease Modification Tenant agrees to modify this Lease in any way requested by a mortgagee which does not cause increased expense to Tenant or otherwise materially adversely affect Tenant's interests under this Lease.

  • Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.

  • of the Lease Notwithstanding any other provisions of the Lease or the Participation Agreement or the Indenture, each Stipulated Loss Value shall be, under any circumstances and in any event, an amount, together with so much of the arrears portion of Basic Rent due and owing through the date of payment of Stipulated Loss Value as does not constitute an Excepted Payment, at least sufficient to pay in full as of such date of payment the aggregate unpaid principal amount of and accrued interest on the Certificates outstanding on such date of payment. Subject to the immediately preceding sentence, it is understood and agreed that the amounts set forth on Schedule III of the Lease, for dates other than Rent Payment Dates on which arrears Basic Rent is due, fully reflect appropriate Basic Rent accruals and credits of unearned Basic Rent and, accordingly, no further accrual or credit shall be required whenever Stipulated Loss Value is to be calculated with reference to any such date.

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