Lease Asset definition

Lease Asset. A Lease and the Leased Vehicle (or, as the context may require, the beneficial interest in such Leased Vehicle) related thereto, allocated to Series 2012-SN1 and the Series 2012-SN1 Portfolio, excluding any of the Lease Assets as of such date that constitute Liquidating Lease Assets, Administrative Lease Assets required to be purchased on or before such date and Warranty Lease Assets required to be repurchased on or before such date.

Lease Asset means lease contracts of Vehicles, Vehicles that are subject of lease contracts, other equipment and/or other tangible property or assets, together with all non-severable appliances, instruments, accessories, furnishings, other equipment, additions, parts and improvements from time to time constituting a part thereof and all accessions thereto.

Lease Asset means an asset held and leased by Türkiye Finans (as lessor) to a customer pursuant to the related Lease Finance Documents (together with the interests, rights, benefits and entitlements of the Asset Seller under the associated Lease Finance Documents);

Examples of Lease Asset in a sentence

• Thus, the Fund will not benefit from any lease rental received from the Lease Asset after the reclassification of the Lease Asset.

• A Lease Asset and Lease Liability are recorded per SFFAS 54, Par.

• If Respondents fail to divest either of these competing pipeline assets on or before March 31, 2005, the Commission may appoint a Divestiture Trustee to divest either of the above referenced pipeline assets.60394 Federal Register / Vol.

• The Call-Option is exercisable on the 49th month after the legal possession of the Lease Asset (i.e 1 March 2017) (“Legal Possession Date”) by the Sponsor, being 1 March 2021 and ending on the 50th month from the Legal Possession Date being 1 April 2021.

• A lessee should reduce the lease liability as payments are made and recognize an outflow of resources (for example, expense) for interest on the liability.• Lease Asset — The lease asset should be measured at the amount of the initial measurement of the lease liability, plus any payments made to the lessor at or before the commencement of the lease term (less any lease incentives received from the lessor at or before the commencement of the lease term) and certain direct costs.

More Definitions of Lease Asset

Lease Asset means a Lease Asset Agreement pursuant to which an Asset Entity (or a predecessor in interest) obtains interests in one or more Tenant Leases.

Lease Asset. A Lease and the Leased Vehicle (or, as the context may require, the beneficial interest in such Leased Vehicle) related thereto, allocated to Series 20 -SN and the Series 20 -SN Portfolio, excluding any of the Lease Assets as of such date that constitute Liquidating Lease Assets, Administrative Lease Assets required to be purchased on or before such date and Warranty Lease Assets required to be repurchased on or before such date.

Lease Asset means a Lease Asset Agreement pursuant to which an Asset Entity (or a predecessor in interest) obtains interests in one or more Wireless Site Contracts.

Lease Asset a Program Lease and the Vehicle related thereto.

Lease Asset. A Lease and the Vehicle related thereto. Lessee: With respect to any Series 20__-SN_ Lease Asset, the lessee or the co-lessees of the Vehicle and any guarantor of the Lease comprising such Lease Asset.

Lease Asset means the asset/s under Finance Lease.

Lease Asset has the meaning given to it in the Purchase Agreement;