Leasee definition

Leasee means a person to whom a lease is granted; a tenant under a lease.
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Leasee. “Tenant” or “Optionee”. Compensation for lease in paragraph 4b is $95.
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Leasee means a person who, under a lease agreement, obtains capital goods from a lessor and has the right to use the capital goods, against payment of rent for an agreed period of time;
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Examples of Leasee in a sentence

  • Leasee assures that it will comply with pertinent statutes, executive orders and such rules as are promulgated to insure that no person shall, on the grounds of race, creed, color, national origin, sex, sexual orientation, age, or handicap be excluded from participating in any activity conducted with or benefiting from Federal assistance.

  • Leasee agrees to comply with the notification and review requirements contained in Part 77 of the Federal Aviation Regulations (14 C.F.R. Part 77) in the event any future structure or building is planned for the premises, or in the event of any planned modification or alteration of any present or future building or structure situated on the premises.

  • Leasee expressly agrees that it will not erect or permit the erection of any structure or object such that the object encroaches into any Part 77 airspace.

  • Notwithstanding the foregoing, in no event shall the Common Area Charges include any of the following items: (i) general overhead costs of Lessor, (ii) at any time when there is more than one tenant of the Airpark, the cost of any specific items that are specifically intended to benefit specific tenants other than Leasee, (iii) any costs paid from another source (such as insurance proceeds), and (iv) any costs arising from the gross negligence or willful misconduct of Lessor.

  • Leasee shall pay to Lessor, without notice, except as may be required in this Lease, and without abatement, deduction or set-off, its Pro-Rata share of Common Area Charges.

  • This provision obligates the Leasee or its transferee for the period during which Federal assistance is extended to the airport program, except for Federal assistance as to provide, or is in the form of personal property or real property or interest therein or structures or improvements thereon.

  • If currently available, the current Airport Rates and Charges schedule is included as Exhibit " " and is subject to reasonable change without prior notice or approval of Leasee.

  • Lessee is granted the right of reasonable access to and from the Demised Premises via such portion of the Airpark as are or may be reasonably necessary to allow Leasee to conduct its business operations as permitted under this Lease including, without limitation, the right to utilize the runway, taxiways, ramps, aprons, roadways, streets, parking lots and sidewalks (collectively the Common Areas).

  • Leasee agrees to obey by all such rules and regulations adopted or amended by the Landlord and specifically agrees that violation of any such rule and regulation shall constitute an Event of Default as provided in this Agreement.

  • If and to the extent that Leasee operates aircraft at or on the Airport, Lessee shall be subject to the Airport Minimum Standards and Rules and Regulations, including any Airport Security Plan, as the same shall be modified and amended, from time to time, as required by the FAA.


More Definitions of Leasee

Leasee. ‘You or as client / member or customer’. • Operating lease asset: ‘mandatory running cost to maintain your asset being roadworthy and asset are warrantable’. • Management service: ‘Us or we provide you with our dedicated management for your leased asset’. Our main services or process;
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Leasee as used in this lease means Global - Chase Industries, Inc., corporate headquarters (320 East Main Street, Anoka, MN 55303). This lease is a legal contract that can be enforced in court against the Xxxxxx or the Leasee if either one of them does not comply with this lease.
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Leasee means the holder of a lease;
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Leasee has the meaning set forth in Section 22(c) of Schedule B – “Representations and Warranties of Opta Minerals”;
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Leasee means a resident to whom a passenger vehicle or a light goods vehicle is being leased; ”leasing agent” means the company leasing a vehicle to a resident;
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Leasee means the leasee of periodic lease of landwho have not acquired the status of settlement-holder but has the right to use the land as specified in the lease terms.
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Related to Leasee

  • 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.

  • 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.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

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

  • Sublessor means one who conveys real property by sublease."

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Leased Area means the Crown land referred to in, subclause (1) of clause 9 hereof; [“mineral lease”] 4

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • 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.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 32 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • 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.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • 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.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

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

  • 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%.

  • 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.

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • 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.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Lessees SIGNATURE: DATE: PRINT NAME: LESSOR’S SIGNATURE: DATE: PRINT NAME: LESSOR’S ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF County, ss. On this day of , 20 , before me appeared , as LESSOR of this Commercial Lease Agreement who proved to me through government issued photo identification to be the above-named person, in my presence executed foregoing instrument and acknowledged that they executed the same as their free act and deed. Notary Public My commission expires: LESSEE’S ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF County, ss. On this day of , 20 , before me appeared , as LESSEE of this Commercial Lease Agreement who proved to me through government issued photo identification to be the above-named person, in my presence executed foregoing instrument and acknowledged that they executed the same as their free act and deed. Notary Public

  • THE LESSEE or any other Person includes without prejudice to the provisions of this Agreement any successor in title to it and any permitted assignee;

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.