Remaining Lease Term definition

Remaining Lease Term means, with respect to any Series 2010-1 Yield Shortfall Lease for any Settlement Date, the remaining number of months over which the Capitalized Cost of the related Leased Vehicle is being depreciated thereunder as of the last day of the immediately preceding Monthly Period.
Remaining Lease Term as used in this subsection shall mean the period which otherwise would have (but for the termination of this Lease) constituted the balance of the Lease Term from the date of the termination of this Lease.
Remaining Lease Term the portion of the Lease Term remaining after the Insured has been Evicted as a result of a matter covered by this policy.

Examples of Remaining Lease Term in a sentence

  • If in computing loss or damage it becomes necessary to value the Title as the result of a covered matter that results in an Eviction of the Tenant, then that value shall consist of the value for the Remaining Lease Term of the Leasehold Estate and any Tenant Leasehold Improvements existing on the date of the Eviction.

  • In either event, this determination of value shall take into account rent no longer required to be paid for the Remaining Lease Term.

  • InVEStMEnt hIGhlIGhtS Tenant Home Depot Address 0000 Xxxxx Xxxx Location Orange Park (Jacksonville), FL 32037 Building Size 108,578 SF Land Size 11.37 Acres Current Rent $1,187,546 Remaining Lease Term 3 1/3 Years Existing Debt N/A Interest Fee Simple Starting Bid $2,000,000 Executive Summary Transwestern and Xxxxxxx.xxx are pleased to offer for sale to qualified investors an absolute net leased property in Orange Park (Jacksonville), Florida.

  • Guarantor: ($1 Billion in Revenue) Location 0000 Xxxxxxx Xxxxx Xxxxxxxxxx, XX 00000 Year Built: 2016 Parcel Size: 0.4 Acres Building Size: 3,500 SF Remaining Lease Term: 10 Years Options to Extend: Two (2) - Five (5) Year Options to Extend Options Rent Increases: 7.5% Increases every 5 Years in Firm Term and Rent Commencement: 3/1/2017 Lease Type: Modified NNN Lease.


More Definitions of Remaining Lease Term

Remaining Lease Term has the meaning set forth in Section 2.17.
Remaining Lease Term means with respect each Mortgaged Property and each Lease pursuant to which a Credit Party, as lessor, leases all or a portion of such Mortgaged Property to a Tenant, the period (denominated in months) remaining for each such existing Lease (excluding tenant lease extension options), less, if the Tenant has the right to terminate the Lease early, the number of months remaining in the lease term after the point in time following which the Tenant may exercise such right, plus, the period of time represented by any net rent or fees to be received by such Credit Party from the Tenant for such early termination.
Remaining Lease Term means, with respect to any Series 2009-1 Yield Shortfall Lease for any Settlement Date, the remaining number of months over which the Capitalized Cost of the related Leased Vehicle is being depreciated thereunder as of the last day of the immediately preceding Monthly Period.
Remaining Lease Term means, for any Asset Lease as of any date of determination, the number of months remaining until the earliest date on which such Asset Lease is scheduled to expire pursuant to its terms. “Remaining Security Deposit” means, as of any date of determination, the aggregate amount of each Security Deposit for an Owned Asset that (a) does not constitute Segregated Funds and (b) as of such date of determination may, under the applicable Asset Lease, be required to be repaid to the applicable Asset Lessee. “Rental Payments” means all cash rental payments and other amounts equivalent to a rental payment payable by or on behalf of an Asset Lessee under an Asset Lease, including payments received in respect of any Purchase Option. “Required Lenders” means, at any time, Designated Xxxxxxx having (or whose related Conduit Lenders have) outstanding Loans and Commitments representing at least 50.1% of the sum of the total outstanding Loans and unused Commitments of all Lenders at such time. The outstanding Loans and unused Commitments of WLFC (or any Affiliate of WLFC) (unless WLFC and its Affiliates constitute 100% of the Lenders at such time) or of any Defaulting Lender shall be disregarded in determining Required Lenders at any time. “Required Prepayment Amount” means, in respect of an Asset, an amount equal to 105% (or 100%, in the case of a Portfolio Transaction) of the Allocable Amount for such Asset on the date of determination. “Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority. “Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with respect to any shares of any class of Stock of any Borrower Group Company, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such shares of Stock of any Borrower Group Company or any
Remaining Lease Term as used in this Subsection 22(c) and in
Remaining Lease Term for any Aircraft means the number of months remaining until the earliest date on which such Lease terminates pursuant to its terms.

Related to Remaining Lease Term

  • 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.

  • 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.

  • Base Rent As defined in Section 3.1.

  • Extension Term means the time period defined in §2.C.

  • Commencement Date means the date of this Agreement.

  • 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.

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • 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.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).