Leasehold interest definition

Leasehold interest means the interest of the lessor or the lessee under a lease contract.

Leasehold interest. Any interest of the Borrower as lessee under any Lease.

Leasehold interest. Any interest of a Borrower as lessee under any Lease.

Examples of Leasehold interest in a sentence

• A fully executed and legally enforceable purchase contract or purchase option and /or a written governmental commitment to transfer or convey the property to the Applicant or Developer or Project Owner by deed or lease that demonstrates Applicant or Developer or Project Owner will possess a Qualified Leasehold Interest upon execution of the lease, (collectively termed a “transfer commitment”).

• Moved to the Lease Acquisition Terms category.Lease or Leasehold Interest in Real PropertyLease Acquisition TermsReorganizedThe term appears in 570.102, but doesn’t exist in Global Lease Templates.

• Leasehold Interest Another name for the Working Interest in a lease.

• A recorded deed or recorded lease demonstrating that Applicant possesses a Qualified Leasehold Interest.

• Kiwanis acknowledges and agrees that no compensation is payable, and Kiwanis is not entitled to and will not claim any compensation from the District, for any decrease in the market value of the Lands, or the Leasehold Interest, which at any time results directly or indirectly from the existence, registration, or operation of this Agreement.

More Definitions of Leasehold interest

Leasehold interest means an interest in publicly owned

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. 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 means the benefits and obliga- tions of both the lessor and lessee resulting from a lease agreement.

Leasehold interest means the tenancy in real property created under a ground lease.