Period of Lease definition

Period of Lease means 3 years from the date of delivery (subject to the provisions for earlier termination set out in paragraph 10.30(a) to 10.30(j) and paragraph 10.34 of this Agreement) or the extension of the lease period.
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Period of Lease and "Tenant's Proportionate Share" in the Term Sheet of the Lease are amended and restated as follows: Premises: 25,347 square feet of space in Building to be known as Suite 30 as more particularly identified in Exhibit A-1 attached hereto and incorporated herein. Period of Lease: From August 15, 1992 through and including October 31, 1997 Tenant's Proportionate Share: 41.6344 percent
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Period of Lease and "Tenant's Proportionate Share" in the Term Sheet of the Lease, as amended in the First Amendment, shall be amended and restated in their entirety as follows:
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Examples of Period of Lease in a sentence

  • General Ayub Khan presided over the development of a second constitution in 1962 which too was abrogated by his successor Gen Yahya Khan as he took over the power from the former in 1969.

  • Proof of current automobile insurance must be on file with the Provider and available to the Erie County Board of DD if requested.

  • Location: Nome, Alaska Description of Lease: Approximately 7,000 NUSF Period of Lease: Twenty (20) years with Two (2) Five (5)-year options to renew.

  • If the sign is back-to-back or “V” type, a photo of each side should be included.2. Photo Date – Date photograph was taken.3. Amount of Land Lease – The remuneration per year or month for the land lease.4. Terms of Lease – The length of time of the lease, length and number of each renewal, and any other pertinent data.5. Remaining Period of Lease – The number of years remaining on the lease and renewals.

  • Depreciation is provided based on useful life of Assets as prescribed in Schedule II of the Companies, Act’2013 except in case of Lease hold Land , the useful life has been determined over the Period of Lease Term.

  • The Period of Lease will be for Three Years from the date of asset put to use.

  • Insurance Requirements Without limiting Lessee’s indemnification obligations under this Lease, Lessee shall provide at its sole expense and maintain during the term of the Construction Period of Lease, or as may be further required in this Lease, the insurance specified in this Exhibit “C”.

  • The Lease 1 Security Agreement provides for return of the Lease 1 Security Deposit to at the end of the Base Period of Lease Schedule 1, including continuation or renewals thereof.

  • Period of Lease will be for 3 years from the date of Lease Agreement/the date of handing over of property which ever is later.

  • Period of Lease: The lease shall be for an initial period of 5 years Further extension/renewal will be allowed at the discretion of the Bank.


More Definitions of Period of Lease

Period of Lease. As defined in section 7 and unless expressly stated otherwise – both the initial lease period and all additional lease periods, if any.
Sample 1
Period of Lease. As described in Clause 8 of this Agreement.
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Period of Lease. The period of lease mentioned in Clause 3.2 of this Agreement.
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Period of Lease means the time from delivery of the Supplies to the Lessee pursuant to Clause 4 and the re-delivery of the Supplies to the Lessor pursuant to Clause 6.
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Related to Period of Lease

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.