Leased Asset definition

Leased Asset means an asset in respect of which a lease is granted by a transfer order or sale/lease agreement;
Leased Asset means a Technology Asset that is leased by the Operating Partnership or a Subsidiary thereof pursuant to a lease (other than a ground lease) with a remaining term (including any unexercised extension options at the option of the tenant) of not less than 10 years from the date of determination and otherwise on market terms.
Leased Asset in relation to a lease, means an asset that is the subject of the lease;

Examples of Leased Asset in a sentence

  • The Lessor leases (by way of forward lease) the Leased Asset to the Lessee in consideration for the Advance Rental Payments and Rental Payments and the Lessee accepts the lease of the Leased Asset upon the terms and conditions of this Agreement.

  • The Lessor shall carry out Major Maintenance and Structural Repair of the Leased Asset, which tasks shall be sub-contracted to the Lessee in accordance with the Management Agreement.

  • The Lessee shall allow the Lessor (or its agents and representatives) access to the Leased Asset at its request in order to inspect its condition and take any required measures to maintain it in good condition.


More Definitions of Leased Asset

Leased Asset shall have the meaning specified in Section 2.1(b).
Leased Asset refers to predominantly "passive" investments involving substantially leased Properties
Leased Asset means the Bank's Share of the Asset in the Musharaka as described in Schedule 2. Lease Commencement Date means the Works Completion Date. Lease Period means each period occurring during the Lease Term, provided that no Lease Period shall extend beyond the Expiry Date. Lease Term means the period from the Lease Commencement Date until the Expiry Date. Major Maintenance and Structural Repair has the meaning given to it in the Management Agreement.
Leased Asset means a Technology Asset that is leased by the Operating Partnership or a Subsidiary thereof pursuant to a lease (other than a ground lease) with a remaining term (including any unexercised extension options at the option of the tenant) of not less than 10 years from the date of determination and otherwise on market terms; provided, however, that the Administrative Agent may approve any Technology Asset that is subject to a lease with a remaining term (including any unexercised extension options at the option of the tenant) of less than 10 years but equal to or more than 5 years from the date of determination (any such Leased Asset, a “Short-Term Leased Asset”) and the Administrative Agent agrees that the Leases listed on Schedule VII are approved Short-Term Leased Assets.
Leased Asset means a lease whereby the lessor conveys to the lessee in return for payment or series of payment the right to use an asset for an agreed period of time;
Leased Asset means anasset in respect of which a lease is granted by a transfer order or sale/lease agreement;
Leased Asset means the Site and any and all existing improvements located thereon as of the Effective Date. Upon completion of construction of the Facility the Leased Asset will mean the Site, all improvements located thereon as of the Effective Date, and the Facility. The Leased Asset may be changed from time to time by Release or Substitution as set forth in Section 2.06.