Current Lessee definition

Current Lessee means a Person (i) who leased, on or before November 2, 2012, a Class Vehicle and (ii) who remains the lessee of such Class Vehicle on the date of this Settlement Agreement.
Sample 1Sample 2
Current Lessee means a Person (i) who leased, on or before November 2, 2012, a Class Vehicle; and (ii) who remains the lessee of such Class Vehicle on the date of this Agreement.
Sample 1Sample 2

Examples of Current Lessee in a sentence

  • Current Lessee must complete a signed and dated LMHP disclosure document with any potential buyer.

  • Lessor has no actual knowledge of any default under the Current Lease on the part the Current Tenant, and Lessor has received no notice from the Current Tenant that Lessor is in default under the Current Lease, nor does Lessor have any knowledge of the existence of any facts or circumstances which, with the giving of notice and the passage of time, will constitute in default by either the Current Lessee or Lessor under the Current Lease.

  • Each Loan Party shall use its commercially reasonable efforts to obtain the consent of the respective lessors to the assignment of each of the Retained Leases (as defined in Schedule 8.1.16) from the Current Lessee (as defined in Schedule 8.1.16) to the New Lessee (as defined in Schedule 8.1.16) as promptly as practicable after the Closing Date.

  • The risk of loss, injury, destruction or damage to the Aircraft shall transfer to Purchaser upon the execution and delivery of the Bills of Sale and shall pass concurrently from Purchaser to the Current Lessee or the Operator pursuant to the Headlease or the Sublease, respectively, as the case may be.

  • Some suspected it was about qualifications rather than experience or potential.

  • We will work to build resilience in communities and businesses across Hampshire to the impacts of a changing climate, including severe weather events such as flooding, heatwaves and drought.

  • After Shonberg admitted that Current Lessee changed the Facility’s name, the trial court explained with respect to business value: “There’s no good will, so it’s solely the medical records, the patients, the employees and the fact that it’s a going concern .

  • The compensation for a Current Lessee shall be the amount set forth in Exhibit B (for Hyundai Class Vehicles) and Exhibit C (for KIA Class Vehicles) in accordance with the specific Class Vehicle the Current Lessee leases.

  • Electroanalytical Chemistry and Interfacial Electrochemistry 60, 275–283 (1975).

  • Current Lessee will be eligible to apply to the Oakley Downtown Revitalization Loan Program to assist with the financing of the tenant improvements for an amount not to exceed $75,000.

Related to Current Lessee

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

  • 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.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

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

  • 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.

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

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

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Leash means a leash, cord, chain, or other comparable material which must be of a gauge suitable for controlling said dog and shall not be longer than six feet.

  • Management Entity means the community developmental disability program or private corporation that operates the regional crisis diversion program, including acting as the fiscal agent for regional crisis diversion funds and resources.

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space in a structure, land, improvements or premises for any period of time.

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

  • Capital Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is or should be accounted for as a capital lease on the balance sheet of that Person.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Sublessee means any Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

  • Franchisee means a person to whom a franchise is granted.

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

  • New Owner means, collectively, the HDFC and the Company.

  • Ground Lessor means each lessor that has executed a Ground Lease (collectively, the “Ground Lessors”).

  • Net Worth of Lessee means the net worth of Lessee (excluding any guarantors) established under generally accepted accounting principles.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.