Lease definition

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.

Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

Lease means any lease of real property to which any Loan Party or any of its Subsidiaries is a party as lessor or lessee.

Examples of Lease in a sentence

• Failure of the Landlord to deliver possession of the Premises at the start of the Lease Term to the Tenant shall terminate this Agreement at the option of the Tenant.

• The Parties agree to the terms and conditions and shall be bound until the end of the Lease Term.

• Upon the beginning of the proration period or the start of the Lease Term, whichever is earlier, the Landlord agrees to give the Tenant access in the form of keys, fobs, cards, or any type of keyless security entry as needed to enter the common areas and the Premises.

• This remedy is in addition to, and is not exclusive of, any other remedies provided either by this Lease or by law.

• Performance, labor, materials and other bonds as required in the Master Lease have been obtained by each contractor or subcontractor to whom payment is to be made pursuant to this Requisition.

More Definitions of Lease

Lease means the lease or leases described in Schedule 4.7 attached hereto and made a part hereof.

Lease means all leases, subleases, licenses, concessions, and other agreements (written or oral) under which the Company or any of its Subsidiaries holds any Leased Real Estate, including the right to all security deposits and other amounts and instruments deposited by or on behalf of the Company or any of its Subsidiaries thereunder.

Lease means any lease, sublease, franchise agreement, license, occupancy or concession agreement.

Lease has the meaning set forth in Section 3.11(b).

Lease means each existing or future lease, sublease, license, or other agreement under the terms of which any Person has or acquires any right to occupy or use any Property of the Borrower or any Subsidiary, or any part thereof, or interest therein, as the same may be amended, supplemented or modified.

Lease. As defined in the preamble.

Lease means this Lease Agreement.