Initial Lessee definition

Initial Lessee means each lessee party to an Initial Lease.
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Initial Lessee means the person that is the current lessee of the Aircraft, as specified in Schedule 1 (Aircraft).
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Initial Lessee means, in respect of an Aircraft and the Lease therefor, the Person defined as the "Lessee" in the Borrowing Date Supplement referable to such Aircraft.
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Examples of Initial Lessee in a sentence

  • Lessor and Lessee will also negotiate in good faith to establish a refurbishment allowance for the Leased Premises, which shall be administered by Lessor on the same terms and conditions as the Improvement Allowance for the Initial Lessee Improvements.

  • A graphical illustration of how the yield curve is upwards shifting with indecision is given in Fig.

  • If the liability policy is a claims-made policy, the retroactive date must precede the date of Commencement of Construction of the Initial Lessee Improvements, or the date of the commencement of operations insured under the policy, whichever is earlier.

  • Indian coal has drift origin, resulted in intimate mixing of mineral matter with coal, giving rise to the ash content.

  • The relationship normally involves tolerance for gains and losses and helping zi ji ren according to one’s ability.

  • To the extent that the actual cost of the Initial Lessee Improvement Work exceeds the Allowance set forth below, Lessee shall pay any such excess cost.

  • Lessee hereby approves the preliminary space drawing for the Initial Lessee Improvements attached as Exhibit B to the Lease and made a part hereof, without limiting any future right of Lessee to modify the same as it deems appropriate, subject to Lessor’s reasonable approval.

  • Member may attend monthly Continuing Education classes once the member successfully completes the “Cardiology Section” of paramedic school.

  • All material proposed changes or modifications to the approved plan of Initial Lessee Improvements, Preservation Maintenance or Alterations (other than Minor Alterations) must be approved by Lessor, which approval shall not be unreasonably withheld or delayed.

  • Lessee Initial Lessee Initial Lessor Initial Lessor Initial Address 52 8.


More Definitions of Initial Lessee

Initial Lessee means the first lessee in the chain of title extending back to the most recent occasion when the property was not subject to a lease.
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Initial Lessee s Representatives: Xxxxxx X.
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Related to Initial Lessee

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Timber owner means any person having all or any part of the legal interest in timber. Where such timber is subject to a contract of sale, "timber owner" shall mean the contract purchaser.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • New Owner means, collectively, the HDFC and the Company.

  • 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.

  • Operating Partnership has the meaning set forth in the preamble.

  • Rental company means a person or entity in the business

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Owner-builder means an owner or lessor of real property who, by himself or by or through others, constructs or has constructed or reconstructs or has reconstructed any improvement to real property.

  • Permitted Lessee means the lessee under a Permitted Lease.

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.

  • 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.

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Contract Owner means the holder of interests in a variable annuity or variable life insurance contract issued by the Company.

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • 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:

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.