Lease Tenure definition

Lease Tenure means the lease tenure commencing from the date immediatley following the expiry of 180 (One Hundred and Eight) days from Effective Date and continuing for the Lease Period or till Expiry Date, whichever is earlier.
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Lease Tenure shal mean the lease tenure commencing from the date immediatley following the expiry of 180 (One Hundred and Eight) days from Effective Date and continuing for the Lease Period or till Expiry Date, whichever is earlier.
Sample 1

Examples of Lease Tenure in a sentence

  • The Proposed Transaction is also not expected to have any effect on the substantial shareholders' shareholding of SEGi. For shareholders' information, the rental payments, which will form part of the working capital expenses of SEGi SJ to facilitate its ordinary course of business, will be financed by SEGi SJ via its internally generated funds throughout the Lease Tenure.

  • Land:• Location : Sri City, Andhra Pradesh• Type : Long-term lease• Unexpired Lease Tenure : 90 Years (approx.)• Land Dimension : 347,000 sqft (approx.)• Acres 82.

  • Leasehold - Land:• Location : Sri City, Andhra Pradesh• Type : Long-term lease• Unexpired Lease Tenure : 90 Years (approx.)• Land Dimension : 347,000 sqft (approx.)• Acres 8 2.

  • The highest percentage ratio applicable to the Proposed Transaction pursuant to Paragraph 10.02(g) of the Listing Requirements is approximately 62.7%, calculated based on the total lease amount of approximately RM58.63 million over the Lease Tenure against the total NA of SEGi for the latest audited financial statements as at the FYE 31 December 2019 of approximately RM93.45 million.The Proposed Transaction is not conditional upon any other proposal undertaken or to be undertaken by the Company.

  • Property portfolio and extended Lease tenureThe following table summarises all properties in the Trust’s portfolio, identifying the subject properties of the Extended Lease Tenure; other Bunnings Warehouses leased to BGL, but not included in the Extended Lease Tenure; and all other properties.

  • Lease Tenure, License Agreement & Lease deed:  The lease period is for thirty (30) years out of which the initial two years is Licence period.

  • Extended Lease Tenure commits the subject properties for between 5 and 10 years (average of 6.3 years) longer than when they would otherwise revert to the Trust.

  • Salient details of the Proposed Land Lease are as follows: Description:The Land is situated within the BKIP and forming part of Plot 329(c) and identified as Plot No. 329(c), Mukim 13, District of Seberang Perai Selatan, Penang.Land area:2.4975 acresLease tenure:A period of 30 years commencing from the date of the Lease Agreement (“Lease Tenure”)Lessor:PDCTotal Lease Consideration:RM36.00 per sq ft, as offered by PDC, for the entire Lease Tenure.

  • The payment of rental rates, which will form part of the working capital expenses of SEGi SJ to facilitate its ordinary course of business, will be satisfied wholly in cash on monthly basis over the Lease Tenure.

  • This results in an increase of approximately 3.7 years in the WALE of the entire portfolio; representing an increase of more than 60 per cent of the reported WALE at 31 December 2009.The Extended Lease Tenure also improves the lease expiry profile of the portfolio, by extending the period over which the committed term of leases expire and reducing the number of leases that expire in any 12 month period.

Related to Lease Tenure

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • 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.

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • School premises means either of the following:

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • 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.

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Leash means attaches the bird to the perch or falconer's glove.

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • 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.

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • 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).

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.