On-Lease definition

On-Lease means the delivery of a Vehicle by us to you on or around the Start Date (as specified in the Lease Agreement and Proposal Form) and “On-Leasing” and “On-Leased” shall be interpreted accordingly;
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On-Lease. If LANDLORD sells or transfers all or any portion of the building, other improvements, and land of which the Premises are a part LANDLORD, on consummation of the sale or transfer, shall be released from any liability thereafter accruing under this Lease. If any security deposit or prepaid Rent has been paid by TENANT, LANDLORD can transfer the security deposit or prepaid Rent to LANDLORD'S successor and on such transfer LANDLORD shall be discharged from any further liability in reference to the security deposit or prepaid Rent. 28. ATTORNEYS' FEES: If either party becomes a party to any litigation concerning this Lease, the Premises, or the building or other improvements in which the Premises are located, by reason of any act or omission of the other party or its authorized representatives, and not by any act or omission of the party that becomes a party to that litigation or any act or omission of its authorized representatives, the party that causes the other party to become involved in the litigation shall be liable to that party for reasonable attorneys' fees and court costs incurred by it in the litigation. If either party commences an action against the other party arising out of or in connection with this Lease, the prevailing party shall be entitled to have and recover from the losing party reasonable attorneys' fees and costs of suit. In addition, LANDLORD shall be entitled to attorneys' fees, costs and expenses incurred in the preparation and service of notices of default and consultations in connection therewith, whether or not legal action is subsequently commenced in connection with such default or resulting breach. 29. SURRENDER OF PREMISES: HOLDING OVER: A. SURRENDER OF PREMISES: On expiration of the Lease term, TENANT shall surrender to LANDLORD the Premises and all TENANT'S improvements and alterations in good condition except for ordinary wear and tear occurring after the last necessary maintenance made by TENANT and destruction to the Premises, except for alterations that TENANT has the right to remove or is obligated to remove under the provisions of this Lease. TENANT shall remove all its personal property within the above stated time. TENANT shall perform all restoration made necessary by the removal of any alterations or TENANT'S personal property within the time periods stated in this Paragraph. LANDLORD can elect to retain or dispose of in any manner any alterations or TENANT'S personal property that TENANT does not remove from the...
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On-Lease means a Railcar that is subject (i) either, to a Net Lease or a Full Service Lease, or (ii) to a Committed Lease.
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Examples of On-Lease in a sentence

  • We may require that we change any Vehicle On-Lease to you at any time during the Lease Period for any reason.

  • Smith, Comment, The Deluge: Potential Solutions to Emerging Conflicts Regarding On-Lease and Off-Lease Surface Damage Caused by Coal Bed Methane Production, 1 Wyo.

  • Typically, a 2 m wide track would cost around US$3000–4000 per kilometre, so for each kilometre of feeder road on average 15 km of track could be constructed.

  • On March 27, 2019, NYGB issued RFI 6: On-Lease Commercial Tenant Energy Efficiency Financing.

  • Residual values assumptions used in the cash flow projections are as follows: For On-Lease and Month-to-Month Lease: Considers realized residual as a percent of book residual of 169.5%, based on ATEL’s historical track record as of December 31, 2020.

  • Renfroe compared the two types of ATVs, and specifically determined that they had the same handling characteristics, and were nearly identical.

  • With respect to the On-Lease Aircraft, for which revenue producing activities or customers existing prior to the Company’s acquisition continued after such acquisition, the existing lease periods represent only a small portion of the remaining economic life of the relevant aircraft.

  • Request for Approval for Royalty-Free Uses On-Lease or Off-Lease National Environmental Policy Act The BLM has prepared a draft environmental assessment (EA) to determine whether this proposed rule would have a significant impact on the quality of the human environment under the National Environmental Policy Act of 1969 (NEPA) (42 U.S.C. 4321 et seq.).

  • Airlines often choose to lease aircraft in order to retain fleet planning flexibility, and therefore the revenue producing activity for the On-Lease Aircraft is likely to change in the future.The acquisition of a leased aircraft is significantly different from the acquisition of an operating platform that includes servicing and management personnel, physical facilities, sales force and other support functions that are necessary to manage an aircraft portfolio.

  • The total value of financing activities, shown on the balance sheet as Finance Receivables and On-Lease equipment, was $8.4 billion at September 30, 2007.


More Definitions of On-Lease

On-Lease means use of the surface estate of lands described in an oil and gas lease for the purposes of exploration, production and/or development of the mineral estate underlying the same lands described in said oil and gas lease;
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On-Lease means, with respect to any Railcar, any Railcar that is not Off-Lease.
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Related to On-Lease

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • 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.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • 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.

  • 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.

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

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.