Term Lease definition

Term Lease. This term shall have the meaning set forth in the Management Agreement.

Term Lease means a Lease of Containers, other than a Finance Lease, having an initial term of twenty-four (24) months or greater.

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.

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.

• 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.

• 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.

More Definitions of Term Lease

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.

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 three years.

Term Lease. A Lease (other than a Finance Lease) having an initial term of not less than thirty-six (36) months.

Term Lease means the grant of a term lease for pastoral purposes under the Land Act, 1994 (Qld) over the ILUA Area;

Term Lease means a Lease with an initial fixed term of one (1) year or longer.

Term Lease means those Customer Equipment Leases that are not Rental Contracts.

Term Lease means any Lease, other than a Finance Lease. “Terminated Container” means a Container in the Issuer’s Fleet which: (a) (i) on the date this Agreement is terminated pursuant to the provisions of Section 9.1 is (x) off-hire and in a depot or (y) subject to a Finance Lease where Issuer's Containers are the only containers subject to such Lease, or (ii) after such date is off-hired and returned to a depot; or (b) is subject to a Casualty Loss or is a Container Disposal; or (c) has been subject to a Container Sale. “Termination Notice” means written notice by Issuer, Manager or Indenture Trustee (acting at the direction of the Requisite Global Majority) that it is exercising its right to terminate this Agreement pursuant to Section 9 or 10, as applicable. “TEU” means twenty-foot-equivalent unit, a fixed unit of measurement which is the agreed ratio of the length of an alternative type of Container to the length of a twenty-foot standard dry van marine shipping Container. The TEU for each Container Type is attached hereto as Exhibit A. “Total Manager Fee” has the meaning set forth in Section 5 of this Agreement. “U.S. GAAP” means United States generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants, and statements and pronouncements of the Financial Accounting Standards Board, or in such other statements by such other Person as may be approved by the significant segment of the accounting profession, which are applicable to the circumstances as of the date of determination. “US$ or US Dollars” means the lawful currency of the United States of America. 2.