Lessor Interest definition

Lessor Interest means the interest of the lessor or the lessee under a lease contract.
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Lessor Interest means an "Interest" as defined in the Lessor LLC Agreement.
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Examples of Lessor Interest in a sentence

  • The Lessee shall pay the Lessor Interest on the outstanding principal payments and the Residual value of the Property.

  • Conversely, a Participating Group Member with a Lessor Interest (Operating Lease) is to be allocated 50% of the Provisional Vehicle Amount regardless of whether or not a claim is also made by a Participating Group Member who held a Lessee Interest (Operating Lease) in respect of the same Affected Vehicle.

  • Upon the effectiveness of any such assignment or other transfer, the transferee of such Lessor Interest shall become an "Investor" for all purposes of the Operative Documents and, to the extent of such transfer, the assigning Investor shall be relieved of its obligations hereunder to the extent of the Lessor Interest being assigned or otherwise transferred.

  • Notice of Assignment of Lessor Interest in favour of Roynat Inc., registered on January 18, 2007 as Instrument No. SN150406 SCHEDULE “H” Special Provisions 1.

  • Except as set forth in paragraph 4, BONUS BID, interest shall accrue and be payable on all obligations arising under this Lease at such rate as may be set from time to time by rule enacted by Lessor, Interest shall accrue and be payable, without necessity of demand, from the date each such obligation shall arise.

Related to Lessor Interest

  • Water interest means any right to the beneficial use of water, including:

  • Percentage Rent As defined in Subsection 3.1(b).

  • Rental unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).