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

Lessee shall return or cause to be returned to Lessor, at the time the Aircraft is returned to Lessor, all of the Aircraft Documents, updated and maintained by Lessee through the date of return of the Aircraft.
Lessee acknowledges that Lessor is the beneficial owner of the Aircraft pursuant to an FAA registration trust and the Owner Trustee owns all legal, beneficial, and equitable title to the Aircraft, and that said title shall remain vested in Owner Trustee during the Term hereof.
Lessee undertakes, to the extent permitted by Applicable Law, to do all such further acts, deeds, assurances or things as may, in the opinion of the Owner Trustee, be necessary or desirable in order to protect or preserve title to the Aircraft.
Except as otherwise set forth herein, Lessee shall be solely and exclusively responsible for the use, operation and control of the Aircraft at all times during which the Aircraft is in Lessee’s possession under this Agreement during the Term.
In addition, Lessee shall have the right to exercise any available rights and remedies at law or in equity.

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 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.

Lessee means any Texas state agency, unit of local government, institution of higher education as defined in Section 2054.003 (8-a), Texas Government Code, and those state agencies purchasing from a DIR contract through an Interagency Agreement, as authorized by Chapter 771, Texas Government Code, any local government as authorized through the Interlocal Cooperation Act, Chapter 791, Texas Government Code, and the state agencies and political subdivisions of other states as authorized by Section 2054.0565, Texas Government Code.