Leasehold definition

Leasehold of any Person means all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.
Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.
Leasehold means the oil and gas leases or interests therein covering tracts of land lying within the Contract Area which are owned by the parties to this agreement.

Examples of Leasehold in a sentence

  • Leasehold improvements are depreciated over the shorter of either the unexpired period of the lease or the estimated useful lives of the improvements.

  • Leasehold improvements are depreciated at the rate equivalent to the available building allowance using the straight line method.

  • To comply with the requirements of the Leasehold Reform Act 1967 Estate Management Scheme for Welwyn Garden City.

  • Leasehold improvements are depreciated over the period of the lease or estimated useful life, whichever is the shorter, using the straight line method.

  • Leasehold land which in substance is an operating lease is classified as prepaid lease payments.


More Definitions of Leasehold

Leasehold means all of Lessee's leasehold interest in the Property described in Exhibit A, in the Development, in the Improvements now or hereafter located on the Property, all options contained in the Lease or granted in connection with the Lease, all other rights of Lessee under the Lease, and all subleases entered into in connection with the Lease (the “Subleases”).
Leasehold means an acre in which a working interest is owned.
Leasehold means the interest of a person, firm or corporation who is the lessee
Leasehold means the interest of a person, firm or corporation who is the lessee under a lease from the owner in fee and who files a declaration creating a condominium under ORS 100.100.
Leasehold shall be construed so as to include any property held under a duly registered or recorded long lease in Scotland;
Leasehold has the meaning ascribed to such term in paragraph "F" of the Granting Clause, below.
Leasehold means that leasehold estate in the Property created by the execution of the Ground Lease.