New Lessee definition
Examples of New Lessee in a sentence
Aircraft Lease Novation and Amendment Agreement, dated as of December 31, 2004, among ***, as Existing Lessee, ***, as New Lessee, ILFC Ireland Limited, as Lessor, and ***.
Notwithstanding anything to the contrary contained in this Agreement, a Lessee shall have no liability under this Agreement unless and until Lessee is or hereafter becomes a New Lessee (as that term is defined in a fully executed Addendum) with respect to a Hotel.
In furtherance of the foregoing, (a) any amendment, supplement or modification intended to affect all Hotels collectively that are subject to this Agreement must be in writing signed by Manager and Lessee (including each New Lessee), and (b) any amendment, supplement or modification intended to affect only an individual Hotel must be in writing signed by Manager and the applicable Lessee (or New Lessee).
The Lessee shall provide the Lessor and the New Lessee with such other cooperation as reasonably may be requested.
The service charges will be only for those months when the flat is occupied (choose any one scheme) For Every New Lessee there will be 30 days rent as contract charges will be charged in the first month of rent for 10% scheme.