Term Lease definition

Term Lease. This term shall have the meaning set forth in the Management Agreement.
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Term Lease means a Lease of Containers, other than a Finance Lease, having an initial term of twenty-four (24) months or greater.
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Term Lease means a term lease granted under the Land Act 1994 on terms the same as or substantially the same as the conditions contained in Schedule 3.
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Examples of Term Lease in a sentence

  • Long Term Lease The company entered into a land lease agreement with IEAT dated 19 June 2007 for the refinery operation and power generation with an area of approximately 52 rai in IEAT area for a period of 30 years from 6 July 1995 to 5 July 2025.

  • A Person seeking to Self-Fuel on the basis of a Long Term Lease for any aircraft must obtain insurance to cover all of its interest and activities with respect to the leased aircraft or be a named insured under the policy of the lessor and must attach true and correct copies of the lease and a complying certificate of insurance to such Person’s application for a Non- Commercial Self-Fueling Permit, as updated by such Person before there are any changes in the aircraft such Person seeks to Self-Fuel.

  • Thus, in order to provide a fair commercial lease opportunity to a wider range of the small local business community and still provide a decent chance at success, it is concluded that an Exceptional Term Lease for longer than 5 years be allowed.

  • The terms and conditions of this Term Lease Agreement, Equipment Schedule (Exhibit A), Certificate of Acceptance (Exhibit B), Payment Schedule (Exhibit C), and the Master Agreement ( and any Modifications thereto) upon which it is based shall constitute the entire Lease Agreement between the Lessee and the Lessor.

  • Term: Lease agreements established by issuance of a purchase order shall be effective on the date the equipment is accepted, ready for use, and shall continue for the lease period.


More Definitions of Term Lease

Term Lease means any lease of real or personal property --------------- (other than a Capitalized Lease) having an original term, including any period for which the lease may be renewed or extended at the option of the lessor, of more than one year.
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Term Lease. A Lease (other than a Finance Lease) having an initial term of not less than thirty-six (36) months."
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Term Lease means a Lease of Containers having an initial term which is equal to or more than two (2) years, other than a Finance Lease.
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Term Lease means a Lease with an initial fixed term of one (1) year or longer.
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Term Lease means the grant of a term lease for pastoral purposes under the Land Act, 1994 (Qld) over the ILUA Area;
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Term Lease. Any Lease other than a Finance Lease. “Unrecovered Container”. Each Managed Container this is, or was on, lease to a Delinquent Bankrupt Lessee and such Managed Container has not been returned to (i) the Manager or Sub-Manager, (ii) a depot contracted by the Manager or Sub-Manager, or (iii) a location or designee specified by the Manager or the Sub-Manager. An Unrecovered Container shall be re-classified as an Eligible Container (assuming that such Unrecovered Container complies with the requirements set forth in the definition of “Eligible Container”) upon the return of such Managed Container as set forth in the immediately preceding paragraph. An Unrecovered Container shall be classified as having been the subject of a Casualty Loss once the Manager or the Sub-Manager has determined, in accordance with its normal business practice, that (i) such Container will not be recovered by the Manager or the Sub-Manager, or (ii) the cost of recovering such Container and discharging an liens thereon would exceed the value of such Container.
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Term Lease means any Lease, other than a Finance Lease.
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