Leasehold interest. Any interest of the Borrower as lessee under any Lease.
Leasehold interest means an interest in publicly owned
Examples of Leasehold interest in a sentence
L6-003 and L6-004 and Air-conditioner Compressor Ledge(s), Residensi Hijauan Bukit Jalil FLOOR AREA : 93 square metres (1,001 square feet) TENURE : Leasehold interest for a term of 99 years expiring on 20.06.2112 VENDOR (DEVELOPER) : Amber Homes Development Sdn.
More Definitions of Leasehold interest
Leasehold interest means the interest of the lessor or the lessee under a lease contract.[PL 1991, c. 805, §4 (NEW).]
Leasehold interest shall include a “valid lease”, (x) “lease” shall include a “leasing contract” and (y) “guarantee” and “guarantor” shall include “suretyship” and “surety”, respectively. The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement.
Leasehold interest means the tenancy in real property created
Leasehold interest. Any interest of a Loan Party as lessee under any Lease.
Leasehold interest means an interest in publicly owned, or specified privately owned, real or personal property which exists by virtue of any lease, permit, license, or any other agreement, written or verbal, between the owner of the property and a person who would not be exempt from property taxes if that person owned the property in fee, granting possession and use, to a degree less than fee simple ownership. However, no interest in personal property (excluding land or buildings) which is owned by the United States, whether or not as trustee, or by any foreign government may constitute a leasehold interest hereunder when the right to use such property is granted pursuant to a contract solely for the manufacture or production of articles for sale to the United States or any foreign government. The term "leasehold interest" includes the rights of use or occupancy by others of property which is owned in fee or held in trust by a public corporation, commission, or authority created under RCW 35.21.730 or 35.21.660 if the property is listed on or is within a district listed on any federal or state register of historical sites.
Leasehold interest shall include a “valid lease”, (x) “lease” shall include a “leasing contract”, (y) “guarantee” and “guarantor” shall include “suretyship” and “surety”, respectively, and (z) “foreclosure” shall include “the exercise of a hypothecary right”.