Period of Lease definition

Period of Lease. The period of lease mentioned in Clause 3.2 of this Agreement.
Sample 1
Period of Lease. As defined in section 7 and unless expressly stated otherwise – both the initial lease period and all additional lease periods, if any.
Sample 1
Period of Lease. As described in Clause 8 of this Agreement.
Sample 1

Examples of Period of Lease in a sentence

  • Location: Nome, Alaska Description of Lease: Approximately 7,000 NUSF Period of Lease: Twenty (20) years with Two (2) Five (5)-year options to renew.

  • Period of Lease: to Check if NEW Move-In New Move-In eligible for deposit, application feeand first- 3 months rent for housing stability.6. Is the unit’s rent income restricted by HUD, USDA or TDHCA?: Yes No7.

  • Period of Lease will be for 3 years from the date of Lease Agreement/the date of handing over of property which ever is later.

  • If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period of Lease, any renewal of the Lease or within 12 (Twelve) months after the Lease has come to an end, then the Agent shall be deemed to have been the reason that the sale took place and shall be entitled to payment by the Landlord of commission equal to a percentage of the selling price as set out in 1.27.

  • Period of Lease etc.: The initial period of lease will be for MINIMUM OF TEN YEARS WITH ENHANCEMENT OF RENT 20% FOR EVERY FIVE YEARS.xvi)Loan/Advance Requirements: I/We require a loan/advance of Rs. (Rupees only) for construction of the building to be made available to me/us as under: A) Rs. on my/our creating the equitable mortgage by deposit of title deeds.

  • Notwithstanding the contents of this clause, the Lessee will be entitled at any time, up to the end of the Period of Lease, to dismantle any addition it has installed in the Leased Premises with the Lessor's consent, and to act in respect thereof, after it has been dismantled, as an owner would act, provided that the Lessee shall not cause damage to the Leased Premises after dismantling of the addition.

  • LEASE PERIOD 4.1 Initial lease period (“Fixed Period”): 4.2 Where the Fixed Period of Lease exceeds24 (twenty-four months), the financial benefit to the Tenant is: LEASE AGREEMENTSCHEDULE 4.3 Commencement date (“Commencement Date”): 4.4 Date of expiry (“Expiry Date”): 4.5 Occupation date: 5.

  • Except as otherwise specifically provided herein, as between the Lessor and the Lessee, title to the Supplies shall remain in the Lessor but the Lessee shall bear all risk of loss of or damage to the Supplies during the Period of Lease.

  • After the end of the Period of Lease, or after the end of "the shortened period of lease" (if this applies), and after the Lessee has fulfilled all its obligations to the Lessor, the Lessor shall return the bank guarantee to the Lessee.

  • Job Sharing Arrangement two employees sharing one regular full-time position.


More Definitions of Period of Lease

Period of Lease and "Tenant's Proportionate Share" in the Term Sheet of the Lease are amended and restated as follows: Premises: 25,347 square feet of space in Building to be known as Suite 30 as more particularly identified in Exhibit A-1 attached hereto and incorporated herein. Period of Lease: From August 15, 1992 through and including October 31, 1997 Tenant's Proportionate Share: 41.6344 percent
Sample 1
Period of Lease and "Tenant's Proportionate Share" in the Term Sheet of the Lease, as amended in the First Amendment, shall be amended and restated in their entirety as follows:
Sample 1
Period of Lease means 3 years from the date of delivery (subject to the provisions for earlier termination set out in paragraph 10.30(a) to 10.30(j) and paragraph 10.34 of this Agreement) or the extension of the lease period.
Sample 1
Period of Lease means the time from delivery of the Supplies to the Lessee pursuant to Clause 4 and the re-delivery of the Supplies to the Lessor pursuant to Clause 6.
Sample 1

Related to Period of 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.

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

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • 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.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • 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.

  • 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).

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

  • 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.

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

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

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

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • 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

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

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

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

  • 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.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • 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.

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.