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.

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.

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.

• Renewal of the term shall be as described in Paragraph 22 of this Agreement (A Fixed Term Lease).

• 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.

• The terms and conditions of this Term Lease Agreement, Equipment Schedule (Exhibit A), Certificate of Acceptance (Exhibit B), Payment Schedule (Exhibit C), and the Master Agreement ( and any Modifications thereto) upon which it is based shall constitute the entire Lease Agreement between the Lessee and the Lessor.

More Definitions of Term Lease

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.

Term Lease. A Lease (other than a Finance Lease) having an initial term of not less than thirty-six (36) months.

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 one year.

Term Lease means any Lease, other than a Finance Lease. “Terminated Container” means a Container in the Issuer’s Fleet which: (a) (i) on the date this Agreement is terminated pursuant to the provisions of Section 9.1 is (x) off-hire and in a depot or (y) subject to a Finance Lease where Issuer's Containers are the only containers subject to such Lease, or (ii) after such date is off-hired and returned to a depot; or (b) is subject to a Casualty Loss or is a Container Disposal; or (c) has been subject to a Container Sale. “Termination Notice” means written notice by Issuer, Manager or Indenture Trustee (acting at the direction of the Requisite Global Majority) that it is exercising its right to terminate this Agreement pursuant to Section 9 or 10, as applicable. “TEU” means twenty-foot-equivalent unit, a fixed unit of measurement which is the agreed ratio of the length of an alternative type of Container to the length of a twenty-foot standard dry van marine shipping Container. The TEU for each Container Type is attached hereto as Exhibit A. “Total Manager Fee” has the meaning set forth in Section 5 of this Agreement. “U.S. GAAP” means United States generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants, and statements and pronouncements of the Financial Accounting Standards Board, or in such other statements by such other Person as may be approved by the significant segment of the accounting profession, which are applicable to the circumstances as of the date of determination. “US$ or US Dollars” means the lawful currency of the United States of America.

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];

Term Lease means any Lease, other than a Finance Lease.

Term Lease means a Lease with an initial fixed term of one (1) year or longer.