Scheduled Lease End Date definition

Scheduled Lease End Date means, for any Lease, the date set forth in such Lease as the termination date, adjusted to take into account any Payment Extension through and including the Cutoff Date.
Sample 1Sample 2Sample 3
Scheduled Lease End Date. With respect to any Lease Asset, the original date set forth in the related Lease as the date on which such Lease is scheduled to expire, but not including any extensions that cause the Lease to become an Extended Lease.
Sample 1Sample 2Sample 3
Scheduled Lease End Date with respect to any Series 20 -SN Lease Asset, the original date set forth in the related Series 20 -SN Lease as the date on which such Series 20 -SN Lease is scheduled to expire, but not including any extensions that cause the Series 20 -SN Lease to become an Extended Lease.
Sample 1Sample 2

Examples of Scheduled Lease End Date in a sentence

  • The Lease has an original Scheduled Lease End Date of not greater than 48 months from the date it was originated.

  • The Lease has a Scheduled Lease End Date of not greater than 48 months from the date of the Lease.

  • Each Lease has an original Scheduled Lease End Date of no greater than 48 months from its Lease Date.

  • If the Lessee does not exercise its option to purchase the related Leased Vehicle at the Scheduled Lease End Date (or, with respect to any Extended Lease, the date to which such Scheduled Lease End Date has been extended), the Servicer shall determine if a dealer will purchase such Leased Vehicle.

  • Any Lease included in a Lease Asset that has reached its Scheduled Lease End Date, with respect to which (x) the Lessee has paid all Monthly Lease Payments required under the terms of such Lease and (y) the Lessee has agreed with the Servicer to extend the term of such Lease and to continue making Monthly Lease Payments under such Lease in an amount as agreed between the Lessee and the Servicer in accordance with Customary Servicing Practices.

  • If under any Lease the Lessee exercises its option to terminate such Lease prior to its Scheduled Lease End Date, the Servicer shall, on behalf of ACOLT, give instructions to VAULT to convey title to the related Leased Vehicle to the Person purchasing the related Leased Vehicle.

  • At the Scheduled Lease End Date for each Lease (or, with respect to any Extended Lease, the date to which such Scheduled Lease End Date has been extended), if the Lessee elects to exercise its option under such Lease to purchase the related Leased Vehicle, the Servicer shall determine whether the Dealer that originated such Lease or ACOLT will sell the Leased Vehicle to the Lessee.

  • The Lease has a Scheduled Lease End Date of not greater than 48 months from its Lease Date.

  • The Servicer will contact the applicable Dealer on or before the Scheduled Lease End Date for each Lease (or earlier or later if the Servicer becomes aware that a Lease will be terminated before or after its Scheduled Lease End Date).

  • Each Lease has an original Scheduled Lease End Date of no greater than 60 months from its Lease Date.


More Definitions of Scheduled Lease End Date

Scheduled Lease End Date with respect to any Series 2007-SN1 Lease Asset, the original date set forth in the related Series 2007-SN1 Lease as the date on which such Series 2007-SN1 Lease is scheduled to expire, but not including any extensions that cause the Series 2007-SN1 Lease to become an Extended Lease.
Sample 1
Scheduled Lease End Date with respect to any Series 200_-__ Lease Asset, the date set forth in the related Series 200_-__ Lease as the date on which such Series 200_-__ Lease is scheduled to expire.
Sample 1
Scheduled Lease End Date means, with respect to any Lease, the date set forth in the Lease as the termination date for such Lease.
Sample 1

Related to Scheduled Lease End Date

  • Lease Supplement means a Lease Supplement, substantially in the form of Schedule 2 hereto, to be entered into between Lessor and Lessee on the Delivery Date for the purpose of leasing the Aircraft under and pursuant to the terms of this Agreement, and any subsequent Lease Supplement entered into in accordance with the terms of this Agreement.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

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

  • Agreement End Date has the meaning specified in Section 10.1(e).

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • 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.

  • 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).

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Leased Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Lease Date means the later date upon which this Lease is signed by Landlord and Tenant.

  • 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:

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

  • Lease Termination Date means the last day of the Lease Term.

  • 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.

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

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.