Lease Cost definition

Lease Cost means, for any Pledged Lease, the total purchase price paid (excluding any delivery, installation and warranty costs charged to the applicable Account Lessee) by Holdings to purchase the Inventory that is the subject of such Pledged Lease at the origination of such Pledged Lease.
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Lease Cost is the cost to Essex University NHS Foundation Trust of hiring the vehicle.
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Examples of Lease Cost in a sentence

  • Seller shall receive a credit at Closing for any New Lease Cost incurred by Seller prior to Closing.

  • If the commencement date or effective date of any Lease Cost Transaction shall occur subsequent to the date hereof but prior to the Closing Date, Seller shall pay and be responsible for Seller's Proportionate Share (hereinafter defined) of Leasing Costs incurred in connection therewith and Purchaser shall pay and be responsible for the balance of such Leasing Costs.

  • In addition to reimbursement of the Monthly Automobile Lease Cost, during the Period of Active Employment, NATCO shall, upon receipt of itemized vouchers for expenses, submitted to NATCO on a monthly basis in accordance with NATCO's procedures from time to time in effect, reimburse the Executive for his reasonable and necessary expenses, including maintenance, repairs, gasoline and insurance, incurred in the operation of the leased automobile described herein.

  • If Owner-Operator determines, acting reasonably, that any Lease Cost anticipated for the following month is likely to result in a Net Loss for such month, it shall promptly notify Counterparty of same and Counterparty shall use reasonable endeavors to pay such Lease Cost to Owner-Operator in advance of same being paid by Owner-Operator.

  • If this Agreement is terminated prior to an applicable Closing, then the Partnership shall have no liability or obligation with respect to any New Lease or any New Lease Cost relating to such Closing.

  • If this Lease is governed by the laws of the Province of Quebec, for greater assurance and as security for the performance of its obligations hereunder, the Company hypothecates to CEFL for an amount equal to the Total Lease Cost, all of the Company's right to possess and use and under any option to buy, the Equipment.

  • TSG Industries Base Product Code Description Sales Price New Monthly Lease Cost / Term in Months 6 to 12 13 to 24 25 to 36 37 to 48 49 to 60 61 plus A.

  • Cost Schedule Annual Lease Cost 52,500 52,500 52,500 52,500 52,500 262,500 The vendor has offered a credit for any payments that have not been used under the current agreements, pending the timing of contract signing.

  • If the rent commencement date of any Lease Cost Transaction shall occur subsequent to the date hereof but prior to the Closing Date, Seller shall pay and be responsible for Seller’s Proportionate Share (hereinafter defined) of Leasing Costs incurred in connection therewith and Purchaser shall pay and be responsible for the balance of such Leasing Costs.

  • Tenant’s obligation to pay the Total Lease Cost shall be satisfied by paying to Landlord in equal installments in the form of a monthly rental fee of $ (“Rent”).