Leased definition

Leased means leased by a natural person as lessee and used for nonbusiness purposes.
Leased means that the owner or operator of an existing medical care facility or the developer of a 938 proposed facility has a legally binding commitment to lease the equipment pursuant to an agreement 939 providing for fixed, periodic payments commencing no later than June 30, 1992, including a 940 lease-purchase agreement in which the owner or operator of the facility or developer has an option to 941 purchase the equipment for less than fair market value upon conclusion of the lease or an installment 942 sale agreement with fixed periodic payments commencing no later than June 30, 1992.
Leased means that the owner or operator of an existing medical care facility or the developer of a

Examples of Leased in a sentence

  • None of the Company or any of its Subsidiaries has received written notice of any current condemnation proceeding or proposed similar Proceedings or agreements for taking in lieu of condemnation with respect to any portion of the Leased Real Properties.

  • No party, other than the Company or its Subsidiaries, as applicable, has any right to use or occupy the Leased Real Properties or any portion thereof.

  • Since January 1, 2024, no Acquired Company has received any notice regarding (i) any material violation or breach or default under any Real Property Lease that has not since been cured, (ii) any pending or threatened in writing condemnation of any portion of the Leased Real Property or (iii) building, fire or zoning code violations with respect to the Leased Real Property, in each case in clauses (i) through (iii), that is material to the Acquired Companies, taken as a whole.

  • Except in any such case as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, (A) the Company and its Subsidiaries, as applicable, have a valid leasehold interest in all Leased Real Property, free and clear of all Liens, except Permitted Liens and (B) there exists no default or event of default on the part of the Company or its Subsidiaries.

  • No Group Company has subleased, licensed, or otherwise granted to any Person other than the Group Companies, whether written or oral, the right to use or occupy any Leased Real Property and the Group Companies are the only occupants of the Leased Real Property.


More Definitions of Leased

Leased means the transfer of the possession or right to possession of a vehicle to a lessee for a valuable consideration for a continuous period of twelve months or more, pursuant to a written agreement.
Leased means leased by a natural person as lessee and used for non-business purposes.
Leased when used in this Lease shall be deemed to mean "sublease" or "subleased" when referenced to the Property subleased pursuant to the AFL Unit Leasing Record.
Leased. Rent ready” shall refer to a property that is: vacant, clean (to include paint and flooring), priced within reasonable market parameters as determined by MANAGER and without any mechanical or structural defects that would prevent occupancy. Any vacant property shall be assumed to be rent ready for the purposes of the cancellation clauses below unless MANAGER notifies OWNER in writing of any terms or conditions preventing the property from being rent ready. “Leased” shall be defined as MANAGER having approved prospective tenants and collected a HOLDING FEE. -Cancelling after 60 days of “rent ready”, property has not been leased: If the property has been rent ready as defined above, for 60 calendar days or more and MANAGER has been unsuccessful in leasing the property, OWNER may cancel without penalty. -Cancelling before 12 months of management, property has been leased: This clause shall apply whether OWNER or MANAGER leased the property. OWNER shall pay MANAGER a cancellation fee of 50% of one month's market rent, whether or not the property is occupied at the time of cancellation. If MANAGER has managed the property for 12 months or more, there is no cancellation fee. Should OWNER cancel management after MANAGER has collected application fees from prospective tenants but before said prospective tenants have had an opportunity to lease the property, OWNER shall reimburse said prospective tenants for any costs incurred during the application process.
Leased used as a verb shall have the correlative meanings.
Leased means leased by a natural person as lessee and used for nonbusiness purposes. "Privately owned" means owned by a natural person and used for nonbusiness purposes.
Leased means subjected to a grant of primary possession entered into for a gainful purpose with a determinable fee remaining in the hands of the grantor. With respect to a lease that conveys rights of exploration and development, the exemptions listed in paragraph (1) shall continue with respect to that portion of the leased tract that is used solely for the purposes of exploration.