Lease Tenure definition

Lease Tenure means the lease tenure commencing from the date immediatley following the expiry of 180 (One Hundred and Eight) days from Effective Date and continuing for the Lease Period or till Expiry Date, whichever is earlier.
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Lease Tenure shal mean the lease tenure commencing from the date immediatley following the expiry of 180 (One Hundred and Eight) days from Effective Date and continuing for the Lease Period or till Expiry Date, whichever is earlier.
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Examples of Lease Tenure in a sentence

  • S.D. Brown, "Crown Pastoral Lease Tenure: A Catalyst or Constraint?," NZ Valuers' Journal 17 (1995).

  • The Lease Tenure will also ease the targeted students, who are usually living nearby, or outstation and international students, who are renting rooms or having their accommodation nearby the campus from having to re-identify new accommodation or sourcing for new transportation alternative to college.

  • In view that the Leased Property will be constructed as a campus-built building, the Proposed Transaction and the subsequent execution of the Definitive Lease Agreement will also reduce the inconveniences to our lecturers and students as the Lease Tenure will reduce the frequency of relocation of campus and the needs of our management team to re-identify a purpose-built building, which is catered for education-campus purpose.

  • The rental rates over a 12-year period are negotiated and agreed based on prevailing market lease / rental rate with a progressive increase of 10.0% in 3-year term over the entire Lease Tenure, which will commence upon the vacant possession being procured and the Additional Specifications being completed in mid-2022 only.

  • Leasehold - Land:• Location : Sri City, Andhra Pradesh• Type : Long-term lease• Unexpired Lease Tenure : 90 Years (approx.)• Land Dimension : 347,000 sqft (approx.)• Acres 8 2.

  • The Proposed Transaction is also not expected to have any effect on the substantial shareholders' shareholding of SEGi. For shareholders' information, the rental payments, which will form part of the working capital expenses of SEGi SJ to facilitate its ordinary course of business, will be financed by SEGi SJ via its internally generated funds throughout the Lease Tenure.

  • Land:• Location : Sri City, Andhra Pradesh• Type : Long-term lease• Unexpired Lease Tenure : 90 Years (approx.)• Land Dimension : 347,000 sqft (approx.)• Acres 82.

  • An outstanding learning cultureWhen we were recently assessed by the Association for Character Education (ACE), we were complimented on the great culture within our team.

  • All SAEs, irrespective of relationship to study treatment, must be reported to the Sponsor and the Medical Monitor as soon as possible, but no later than 24 hours from the time of notification.

  • Motor Vehicles under Finance Lease: Tenure of Lease or five years whichever is shorter.Leasehold land is amortized over the lease period.

Related to Lease Tenure

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime 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.

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • School premises means either of the following:

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

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

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the 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.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;20

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • 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.

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.