Lease Contracts definition
Examples of Lease Contracts in a sentence
In the event the Community is sold to another owner, the new owner has the right to terminate all Lease Contracts within 30 days’ notice at any time after the sale.
In the event the Community is sold to another owner, the new owner has the right to terminate all Lease Contracts within 30 days’ notice at any time after the sale of the Community.
The Books and Records pertaining to all Owned Car Lease Contracts are accurate and correct in all material respects.
The LILO Contracts, LILO Sublease Contracts and Owned Car Lease Contracts have been classified on the federal and state Tax Returns of the Sellers as leases while such LILO Contracts, LILO Sublease Contracts and Owned Car Lease Contracts were owned by the Sellers and such classification has not been challenged by any Governmental Entity in any correspondence with any Seller.
Without limiting the generality of the foregoing, Sellers are not required under the terms of any Owned Car Lease Contract to obtain consent from any Obligor to assign any of the Owned Car Lease Contracts to Purchaser at Closing.