Term Lease definition

Term Lease. This term shall have the meaning set forth in the Management Agreement.
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Term Lease means a Lease of Containers, other than a Finance Lease, having an initial term of twenty-four (24) months or greater.
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Term Lease means a Lease of Containers having an initial term which is equal to or more than two (2) years, other than a Finance Lease.
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Examples of Term Lease in a sentence

  • An engine lease program will be made available to Spirit subject to IAE's standard terms and conditions of lease as per IATA Master Short Term Lease Agreement, form 5016 00.

  • Lease Term Select Item 11 Or Select Item 12 (11) Fixed Term Lease.

  • Commencing on 12/01/04 and on the same day of each month thereafter (each, a "RENT PAYMENT DATE") during the Basic Term, Lessee shall pay as rent ("BASIC TERM RENT") the product of the Basic Term Lease Rate Factor times the Capitalized Lessor's Cost of all Equipment on this Schedule.

  • In Count I, Plaintiff alleges Mr. Loyd was negligent (and Tesla vicariously liable) because Mr. Loyd deactivated the speed limiter software when Barrett complained the vehicle would not accelerate over 85 mph.

  • Thus, in order to provide a fair commercial lease opportunity to a wider range of the small local business community and still provide a decent chance at success, it is concluded that an Exceptional Term Lease for longer than 5 years be allowed.


More Definitions of Term Lease

Term Lease means a term lease granted under the Land Act 1994 on terms the same as or substantially the same as the conditions contained in Schedule 3.
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Term Lease. A Lease (other than a Finance Lease) having an initial term of not less than thirty-six (36) months."
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Term Lease means any lease of real or personal Property (other than a Capitalized Lease) having an original term, including any period for which the lease may be renewed or extended at the option of the lessor, of more than three years.
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Term Lease. Any Lease other than a Finance Lease. “Unrecovered Container”. Each Managed Container this is, or was on, lease to a Delinquent Bankrupt Lessee and such Managed Container has not been returned to (i) the Manager or Sub-Manager, (ii) a depot contracted by the Manager or Sub-Manager, or (iii) a location or designee specified by the Manager or the Sub-Manager. An Unrecovered Container shall be re-classified as an Eligible Container (assuming that such Unrecovered Container complies with the requirements set forth in the definition of “Eligible Container”) upon the return of such Managed Container as set forth in the immediately preceding paragraph. An Unrecovered Container shall be classified as having been the subject of a Casualty Loss once the Manager or the Sub-Manager has determined, in accordance with its normal business practice, that (i) such Container will not be recovered by the Manager or the Sub-Manager, or (ii) the cost of recovering such Container and discharging an liens thereon would exceed the value of such Container.
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Term Lease means a Lease with an initial fixed term of one (1) year or longer.
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Term Lease means a lease of the Land under the Land Act 1994 (Qld) granted by the Prescribed Body Corporate to the Lessee for the permitted use of constructing, maintaining and operating a telecommunications network and telecommunications service. The terms of the Term Lease are attached at Annexure A [of the agreement];
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Term Lease means any Lease, other than a Finance Lease.
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