Lease definition

Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

Lease means a lease, license, concession agreement or other agreement providing for the use or occupancy of any portion of any Project, including all amendments, supplements, modifications and assignments thereof and all side letters or side agreements relating thereto.

Lease means the lease or leases described in Schedule 4.7 attached hereto and made a part hereof.

Examples of Lease in a sentence

• As a condition to execution and delivery of, and pursuant to the Lease, the Borrower cause the Cooperative to comply with the terms of this Loan Agreement.

• The Borrower will cause the Cooperative to deposit when due all Lease Payments due under the Lease directly to the Trustee for deposit in the Revenue Fund.

• If required by State law, the Borrower shall carry, or pursuant to the Lease cause the Cooperative to carry, Worker’s Compensation Insurance covering all employees on, in, near or about the Project, and upon request, the Borrower shall furnish to the Issuer certificates evidencing such coverage throughout the Term of the Loan Agreement.

• Unless the context otherwise requires, the terms defined in this article and in the recitals and succeeding articles of this Indenture shall, for all purposes of this Indenture and of any indenture supplemental hereto, have the meanings herein specified; and any term defined in the Lease which is used but not otherwise defined herein shall have the meaning in this Indenture as is prescribed for that term in the Lease.

• The Issuer hereby requires the Borrower to be responsible for such monitoring of compliance and acknowledges that the Borrower will require the Cooperative in the Lease to agree and covenant to be responsible for such monitoring of post-issuance compliance.

More Definitions of Lease

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.

Lease has the meaning set forth in Section 3.11(b).

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 space in a structure, land, improvements or premises for any period of time.

Lease. As defined in the preamble.

Lease means the lease or other occupational agreement between the Academy Trust and a third party (the “Landlord”) under which the Academy Trust derives title to the Land.

Lease means any lease of real property to which any Loan Party or any of its Subsidiaries is a party as lessor or lessee.

Lease. Means, with respect to each Leased Aircraft, the lease between an Owner Trustee, as the lessor, and the Company, as the lessee, referred to in the related Indenture, as such lease may be amended, supplemented or otherwise modified in accordance with its terms.