Lease End Date definition
Examples of Lease End Date in a sentence
The Lease has an original Scheduled Lease End Date of not greater than 48 months from the date it was originated.
The Lease has a Scheduled Lease End Date of not greater than 48 months from the date of the Lease.
Each Lease has an original Scheduled Lease End Date of no greater than 48 months from its Lease Date.
The term of this Lease shall start on [Move-in Date], and end on [Lease End Date].
Any Lease included in a Lease Asset that has reached its Scheduled Lease End Date, with respect to which (x) the Lessee has paid all Monthly Lease Payments required under the terms of such Lease and (y) the Lessee has agreed with the Servicer to extend the term of such Lease and to continue making Monthly Lease Payments under such Lease in an amount as agreed between the Lessee and the Servicer in accordance with Customary Servicing Practices.
If the Lessee does not exercise its option to purchase the related Leased Vehicle at the Scheduled Lease End Date (or, with respect to any Extended Lease, the date to which such Scheduled Lease End Date has been extended), the Servicer shall determine if a dealer will purchase such Leased Vehicle.
If under any Lease the Lessee exercises its option to terminate such Lease prior to its Scheduled Lease End Date, the Servicer shall, on behalf of ACOLT, give instructions to VAULT to convey title to the related Leased Vehicle to the Person purchasing the related Leased Vehicle.
At the Scheduled Lease End Date for each Lease (or, with respect to any Extended Lease, the date to which such Scheduled Lease End Date has been extended), if the Lessee elects to exercise its option under such Lease to purchase the related Leased Vehicle, the Servicer shall determine whether the Dealer that originated such Lease or ACOLT will sell the Leased Vehicle to the Lessee.
If the Tenant has not timely given the Termination Notice to Landlord, then the Tenant shall be a month-to-month tenant from the scheduled Lease End Date on the terms and conditions in this Lease, except that the Tenant must pay a Month to Month (MTM) fee of $50.00 plus the increased rental amount offered on renewal.
The term of this lease is from <<Lease Start Date>> until and including <<Lease End Date>>.