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.
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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”.
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Lessee means a person who leases property pursuant to a rental-purchase agreement.
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Examples of Lessee in a sentence

  • The Servicer may, in its discretion and with respect to any 2025-2 Lease, permit the related Lessee to terminate such 2025-2 Lease prior to its scheduled termination date as part of a “pull-ahead” or other marketing program; provided, that the Servicer shall cause the related Pull-Ahead Amount to be deposited in the 2025-2 SUBI Collection Account in accordance with the applicable terms of Section 2.4 of this Servicing Supplement.

  • Following the delivery of the list of the Review Assets and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Review Asset is paid in full by the related Lessee or purchased from the Issuer in accordance with the terms of the Basic Documents.


More Definitions of Lessee

Lessee has the meaning set forth in the preamble.
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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.
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Lessee means the entity referred to as Lessee in the first paragraph of this Agreement.
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Lessee shall have the meaning set forth in the recitals.
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Lessee means any lessee under any Lease.
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Lessee means the lessee under the applicable Lease.
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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.
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