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.

Split View

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

• The plan, when approved by the Lessor, will become an exhibit to this Lease without further action, and the Lessee must comply with its terms.

• No rights will be acquired by virtue of this Lease entitling the Lessee to claim benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, Public Law 91-646.

• Under no circumstances will the Lessor be responsible or obligated for any losses or liabilities of the Lessee.

• Discoveries of any archeological resources by the Lessee must be promptly reported to the Lessor.

• Unless this Lease is terminated under Section 14.1, no such loss or damage will relieve or discharge the Lessee from the payment of taxes, assessments, or other charges as they become due and payable, or from performance of the other terms and conditions of this Lease.

More Definitions of Lessee

Lessee has the meaning set forth in the preamble.

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 shall have the meaning set forth in the recitals.

Lessee means the entity referred to as Lessee in the first paragraph of this Agreement.

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.

Lessee mean the person or persons, natural or corporate, named above as LESSOR and as LESSEE respectively, and their respective heirs, executors, administrators, successors and assigns.

Lessee means the lessee under the applicable Lease.