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

  • Unless the context clearly1747indicates otherwise, the term includes a sublease contract.1748(m) "Leasehold interest" means the interest of the1749lessor or the lessee under a lease contract.1750(n) "Lessee" means a person who acquires the right to1751possession and use of goods under a lease.


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. Any interest of a Loan Party as lessee under any Lease.
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 benefits and obligations of both the lessor and lessee resulting from a lease agreement.
Leasehold interest means an interest granting the right to possession and use of publicly owned real or personal property or real or personal property of a community center which is exempt from prop- erty tax as a result of any form of agreement, written or oral, with- out regard to whether the agreement is labeled a lease, license, or permit.
Leasehold interest means the interest of a lessee under a ground lease.