Leasee definition

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 means a person to whom a lease is granted; a tenant under a lease.
Sample 1Sample 2
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;
Sample 1

Examples of Leasee in a sentence

  • Applicants who cannot be present to provide their identification prior to or on the date of move-in must complete the Identification Verification- Absentee Leasee at Move-in form in front of a notary, attach a copy of the identification utilized for this process, and return the documents on or before the date of move-in.

  • JMRC shall also have the right to rescind or terminate the Contract / Leasee Agreement (in full or part) in the event of such breach.

  • Leasee agrees to use the Equipment in a careful and proper manner and in compliance with all laws, ordinances and regulations, all manufacturer warranty and other requirements and all requirements of any insurers of the Equipment.

  • In addition, Leasee shall obtain from insurance carriers issuing such insurance an endorsement upon the policy that the same cannot be altered, modified or canceled except upon thirty (30) days prior written notice to Lessor, and that the interests of Lessor will be insured regardless of any breach or violation by Leasee of any warranties, declarations or conditions contained in such policy.

  • Without prior written consent of Lessor, Leasee will not alter, add to or improve the Equipment; and any alterations, additions or improvements which are made shall become part of the Equipment and subject to the terms of this Agreement.

  • Leasee will keep the Equipment in good maintenance and repair at all times at Leasee’s expense and will furnish all labor, parts, mechanisms or devices necessary for such good maintenance and repair.

  • Lessor and Leasee have caused this Agreement to be executed on the day and year first above written.

  • Leasee shall keep the Equipment (and each item or part thereof) insured against all risk of loss and physical damage (with such exclusions as Lessor may, in writing, permit) in such amounts as Lessor may require.

  • The obligations of Leasee herein contained shall survive the expiration hereof as to any taxes, assessments or other governmental charges arising out of, or assessed or imposed with respect to, the term of this Agreement.

  • The obligations of Leasee herein contained shall survive the expiration of this Agreement as to any loss, damages, claims, causes of action, liabilities, costs or expenses based on or arising out of events occurring during the term of this Agreement.


More Definitions of Leasee

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.
Sample 1
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 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.
Sample 1
Leasee. “Tenant” or “Optionee”. Compensation for lease in paragraph 4b is $95.
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Leasee means the holder of a lease;
Sample 1
Leasee has the meaning set forth in Section 22(c) of Schedule B – “Representations and Warranties of Opta Minerals”;
Sample 1

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 Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

  • 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 includes the person for the time being entitled to the reversion immediately expectant on the determination of the Term;

  • 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 12 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 any Person leasing, subleasing or otherwise occupying any portion of the Property under a Lease or other occupancy agreement.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • 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.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • 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 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.

  • 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 the person for the time being who owns the interest in the Premises which gives him the right to possession of the Premises at the end of the Landlord’s lease of the Premises.