A short lease definition

A short lease means a lease referred to in Section 54(2) of the Law of Property Act 1925.
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Examples of A short lease in a sentence

  • A short lease is generally considered as one with 80 years or less left on the term, although different lenders have different criteria.

  • A short lease covers a period under ten years, while a long lease covers a period of ten years or more.

  • A short lease is a lease which is not a long lease in terms of section 1(2) of the Formalities in Respect of Leases of Land Act 18 of 1969.

  • A short lease of less than 7 years may however be let at less than best rental if the proposal supports the authority’s policies / work.

  • A short lease means a short wait during recovery but a higher cost to renew the lease.

  • Short Lease: A short lease is when the lease is less than one year.

  • A short lease with options to renew may be more suitable than a longer lease with break clauses.

  • A short lease is a lease of less than seven years (Landlord and Tenant Act 1985 s 13(1)).

  • A short lease means a lease referred to in section 54(2) of the Law of Property Act 1925.

  • A short lease will be detrimental to cluster performance, as it will require the cluster nodes to continually access the DHCP server to obtain a new IP address.

Related to A short lease

  • Net Short Lender has the meaning specified in Section 10.01.

  • Net Short means, with respect to a Holder or beneficial owner, as of a date of determination, either (i) the value of its Short Derivative Instruments exceeds the sum of the (x) the value of its Notes plus (y) the value of its Long Derivative Instruments as of such date of determination or (ii) it is reasonably expected that such would have been the case were a Failure to Pay or Bankruptcy Credit Event (each as defined in the 2014 International Swaps and Derivatives Association, Inc. Credit Derivatives Definitions) to have occurred with respect to the Issuer or any Guarantor immediately prior to such date of determination.

  • Accumulation Shortfall shall initially mean zero and shall thereafter mean, with respect to any Monthly Period during the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount for the previous Monthly Period over the amount deposited into the Principal Funding Account pursuant to subsection 4.9(c)(i) with respect to the Certificates for the previous Monthly Period.