Income lease definition

Income lease means an operating lease of real property under the control of the University to

Examples of Income lease in a sentence

  • Lease Income Lease income from operating leases is recognized on a straight-line basis over the lease term.

  • A unit shall be eligible for conveyance to the Participant(s), and the TDHE shall convey such unit, when the Participant(s) (i) have met all of the obligations of participation in the Over Income Lease to Own Program set forth in this Policy and (ii) the established purchase price of the unit has been paid by the Participant.

  • The Over Income Lease to Own Program is designed to foster homeownership, and pride thereof, among all participants.

  • Participants in the Over Income Lease to Own Program will be given the opportunity to purchase their home in accordance with this Section and when all obligations of participation in the Over Income Lease to Own Program have been satisfied.

  • Lease rent Income: Lease income is recognised on straight line basis over the lease term.

  • Analyzing Income: Lease Characteristics and ConceptsQ&ALease CharacteristicsForecasting Contract Rent Problem Other Lease ConceptsMarket Rent Estimates QuizMORNING BREAKPart 8.

  • Annual Income (round numbers, no decimals) Income for Period to AmountImputed?Actual Room Rental Income Received Sales of Food/Sundry Services Sales of Beverage/Sundries Telephone Income Lease Income Other Income (specify) Total Actual Income (sum of above lines) E.

  • Gross Income Lease income was higher in both North American and European markets.

  • In case of long- term leases, the expenditure to the statement of profit and loss is recognized on the basis of equated lease rentals arrived at by allocating the total outflow of lease rentals on the entire contractual period over the period of the lease.B. Lease Income: Lease income is recognized on accrual basis.

  • Notwithstanding the provisions of Section 1.10(a) above, any Major Income Lease entered into after the date hereof which does not require the Tenant to provide Tenant Financial Information upon request shall require the prior written approval of Lender.

Related to Income lease

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any real property for any period of time.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.