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.
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
Following such early termination, the Servicer shall charge the related Lessee any applicable Excess Wear and Tear Charges and Excess Mileage Charges in accordance with Customary Servicing Practices with respect to Leases that are terminated early by the related Lessee in the absence of a “pull-ahead” or other marketing program.
The Servicer shall not be required to monitor whether any Lessee has, and shall have no liability in the event that any Lessee fails to maintain in full force and effect, a physical damage insurance policy covering any Transaction Unit or naming the Origination Trust as loss payee.
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.