Expired Lease definition

Expired Lease means any Lease that has terminated on its scheduled expiration date.

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Expired Lease shall have the meaning assigned to it in Section 4.03 of the Security Agreement.

Expired Lease means a Lease relating to a Vehicle that has reached its Maturity Date or as to which the Annual Termination Option was exercised and no Termination Value Payment was made.

Examples of Expired Lease in a sentence

The Servicer will deposit any Prepayments and any Expired Lease Proceeds of any such disposition in accordance with Section 7.01.
The Servicer will deposit any Early Termination Lease Proceeds and any Expired Lease Proceeds of any such disposition in accordance with Section 4.3.
The Servicer will not change the location of any material portion of the Lease Files (other than any Lease Files which relate solely to an Early Termination Lease, an Expired Lease or a Repurchased Lease and/or related Equipment) unless the Servicer gives the Lender notice of such change not less than ten days prior to such change; provided that at all times the Lease Files shall remain under the care, custody and control of the Servicer.
The Servicer will not change the location of any material portion of the Lease Files (other than any Lease Files which relate solely to an Early-Termination Lease, an Expired Lease or a Repurchased Lease and/or related Equipment) unless the Servicer gives the Issuer, the Indenture Trustee and the Owner Trustee notice of such change not less than ten days prior to such change; provided that at all times the Lease Files shall remain under the care, custody and control of the Servicer.
Whenever under this Agreement an Included Lease becomes an Expired Lease or an Early Termination Lease, the security interest in favor of the Collateral Trustee in such Included Lease will be automatically released upon such event.
The Servicer will deposit any Prepayments and any Expired Lease Proceeds of any such disposition in accordance with Section 4.3.
Indication of a Lease being Trust Property will be deleted from or modified on the Servicer's accounts and records when, and only when such Lease is an Early Termination Lease, an Expired Lease or a Repurchased Lease.
The Servicer will deposit any Early Termination Lease Proceeds, any Partial Early Termination Proceeds and any Expired Lease Proceeds of any such disposition in accordance with Section 3.3.
The Servicer will deposit any Early Termination Lease Proceeds and any Expired Lease Proceeds of any such disposition in accordance with Section 3.3.
In the event that Landlord fully executes and acknowledges this Lease and the attached Memorandum of Lease not later than , 2013, Tenant shall pay to Landlord the one-time sum of $43,200.00 for Tenant’s use of the Premises between the expiration date of the Expired Lease and the execution date of this Lease.

More Definitions of Expired Lease

Expired Lease means any lease of the land, containing a right of renewal, which has expired and has not been renewed at the commencement of this Act, and

Expired Lease has the meaning given in Article 19.9 below;

Expired Lease an Equipment Lease that has expired or otherwise has terminated.

Expired Lease means any Retained Lease that has not been assigned to Buyer where the scheduled term of the Retained Lease (including any renewal term specified in the Retained Lease to the extent that such Retained Lease has been renewed) as of the Closing Date has expired without the Retained Lease having become a Terminated Lease.