Lessee definition

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.

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Lessee means the Procuring Entity whose has accepted the Tender for the Lease Contract and is named as such in the Contract Agreement as “Procuring Entity”.

Lessee means a person who leases property pursuant to a rental-purchase agreement.

Examples of Lessee in a sentence

The term of this Agreement shall be for a period of one year and shall be automatically extended for additional one year periods unless either party terminates this Agreement upon written notice to the other (assuming all cost and expenses have been paid by Lessee hereunder).
Owner shall promptly confirm to Lessee as to whether or not the requested use of the Program Aircraft can be accommodated, which shall be in Operator’s sole discretion, and will confirm the details of such trip.
No such action of the pilot in command, or any of the flight crew, shall create or support any liability for loss, injury, damage or delay to any Lessee or any other person.
Owner hereby leases/time shares the Program Aircraft to Lessee (with fully qualified flight crew for all operations of the Program Aircraft) on a nonexclusive basis and Lessee hereby leases/time shares the Program Aircraft from Owner, pursuant to the provisions of this Agreement and of FAR 91.501(c)(1).
Owner will pay all expenses related to the operation of the Program Aircraft when incurred, and will provide an invoice to the applicable Lessee for the expenses enumerated in the Acceptance Receipts, on a monthly basis, for flights performed within such month.

More Definitions of Lessee

Lessee means each Person that is a lessee under a Lease, including any Person that executes a guarantee on behalf of such lessee; provided that such definition shall refer only to Lessees of Leases allocated to and associated with the 20[•]-[•] Series.

Lessee has the meaning set forth in the preamble.

Lessee means, with respect to any Lease, the Obligor with respect to such Lease.

Lessee means the entity referred to as Lessee in the first paragraph of this Agreement.

Lessee shall have the meaning set forth in the recitals.

Lessee means the lessee under the applicable Lease.

Lessee means any lessee under any Lease.