Until Lessee definition

Until Lessee has fully complied with the requirements of Section 10(a) above, Lessee's rent payment obligation and all other obligations under this Agreement shall continue from month to month notwithstanding any expiration or termination of the lease term. Lessor may terminate the Lessee's right to use the Equipment upon ten (10) days notice to Lessee.
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Until Lessee has fully complied with the requirements of Section 10(a) above, Lessee's rent payment obligation and all other obligations under this Agreement shall continue from month to month notwithstanding any expiration or termination of the lease term. Upon ninety (90) days prior written notice to Lessor, Lessee may elect to continue leasing the units on a short-term basis for a period not to exceed ninety (90) days from the end of the lease (the "Short Term Renewal"). The monthly lease rate factor will be based upon the then fair market value. The first post termination rental in advance hereunder is due thirty (30) days from Lease Expiration. Upon expiration of the initial lease term or the Short Term Renewal, if any, the lease shall renew on a month-to-month basis at the monthly rental last due prior to such expiration until terminated by either party upon not less than ninety (90) days prior written notice.
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Until Lessee has been fully reimbursed for the Reimbursement Amount; provided, however, that in the case of any payment due from Lessee which is distributable under the terms of the Trust Indenture, Lessee's right of offset shall be limited to amounts distributable to Lessor thereunder. No such offset or aggregate combined effect of separate offsets shall reduce the amount of any installment of Basic Rent to an amount insufficient, together with the Excess Amount and all other amounts payable simultaneously by Lessee, to pay in full the payments then required to be made on account of the principal of and interest on (and premium, if any, due with respect to) the Secured Certificates then outstanding.
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Examples of Until Lessee in a sentence

  • Until Lessee receives Owner's notice and the documents required to be delivered under this Section, Lessee shall continue to make all payments under this Agreement as if the transfer of Owner's interest had not occurred.

  • Until Lessee can prove otherwise as to cause, Lessee shall provide the required replacement supply, beginning immediately upon Lessor’s providing evidence to Lessee of the water quality and quantity condition causing concern.

  • Until Lessee receives such designation, Lessee shall continue to make all payments to the Division and Lessee shall have no responsibility to see to the division of payments made to the Division in accordance with the provisions of this Section.

  • Until Lessee has returned the Equipment in compliance with the requirements of this Lease, the Lease shall continue in full force and effect and Lessee shall continue to pay Rent notwithstanding any expiration or termination of the Term through and including the date on which the Equipment is accepted for return by Lessor as conforming with the Return Condition.

  • Until Lessee has occupied office portion of the leased premises, Lessee’s address for notices shall be The Pacific Building, Eighth Floor, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇.

  • Until Lessee receives Owner’s notice and the documents required to be delivered under this Section, Lessee may continue to make all payments under this Agreement as if the transfer of Owner’s ownership interest had not occurred.

  • Until Lessee has complied with all of the requirements of this Section, rent payment obligations will continue from month to month at the rental rate delineated on the Schedule.

  • Until Lessee shall have executed and delivered to Lessor a Consolidating Schedule, each such Acceptance Certificate, when executed and delivered by Lessee and accepted by Lessor, together with this Master Agreement and the applicable Advance Pricing Agreement, shall constitute a separate and distinct Lease, a separate and distinct Financing, or a separate and distinct Lease and a separate and distinct Financing, as the case may be, enforceable according to its terms.

  • Until Lessee receives Landowner's notice and the documents required to be delivered under this Section, Lessee may continue to make all payments under this Agreement as if the transfer of Landowner's ownership interest had not occurred.

  • Until Lessee has returned the Equipment to the designated location, Lessee bears the entire risk or loss or damage to the Equipment, regardless how arising.


More Definitions of Until Lessee

Until Lessee has fully complied with the requirements in this section, Lessee's rent payment obligation and all other obligations under this lease shall continue from month to month notwithstanding any expiration or termination of the lease term.
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Until Lessee has fully complied with the terms of this section and has returned the Equipment to Lessor, Lessee's rent payment obligation and all other obligations under this Agreement and the Schedule shall continue from month-to-month notwithstanding any expiration or termination of the Agreement Term.
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Until Lessee has fully complied with the requirements of Section 10(a) above, Lessee's rent payment obligation and all other obligations under this Agreement shall continue from month to month notwithstanding any expiration or termination of the lease term. Lessor may terminate the Lessee's right to use the Equipment upon ten (1) days notice to Lessee. Lessee shall provide to Lessor a reasonably detailed inventory of all components of the Equipment including model and serial numbers. Lessee shall also provide an up-t-date copy of all other documentation pertaining to the Equipment. All service manuals, blue prints, process flow diagrams, operating manuals, inventory and maintenance records in Lessee's possession shall be given to Lessor at least ninety (90) days and not more than one hundred twenty (120) days prior to least termination. Lessee agrees to make a diligent effort to procure any missing service manuals, blue prints, process flow diagrams, operating manuals, inventory and maintenance records. Lessee shall make the Equipment available for on-site operational inspections by potential purchasers at least one hundred twenty (120) days prior to and continuing up to lease termination.
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Related to Until Lessee

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Merchant lessee means a lessee that is a merchant with respect to goods of the kind subject to the lease.

  • THE LESSEE or any other Person includes without prejudice to the provisions of this Agreement any successor in title to it and any permitted assignee;