Examples of Lease Back in a sentence
Each Phase or Sub-Phase and the Lease Back Land shall be let with Vacant Possession on Lease Completion, save where otherwise agreed by the parties.
Each Phase or Sub-Phase and the Lease Back Land shall be let with Vacant Possession on Lease Completion, save where otherwise agreed by the parties.
Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.
Sale and Lease-Back Transaction shall have the meaning assigned to such term in Section 6.03.
Capital Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is or should be accounted for as a capital lease on the balance sheet of that Person.
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.
Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.
Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;
Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.
Synthetic Lease means any synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing arrangement whereby the arrangement is considered borrowed money indebtedness for tax purposes but is classified as an operating lease or does not otherwise appear on a balance sheet under GAAP.
Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.