Substitute Propertyshall have the meaning set forth in Section 2.6 hereof. Initial Receivablesmeans the Receivables transferred to the Trust on the Closing Date as set forth on the Schedule of Receivables attached to the Initial SSA Assignment. ...
Applicable Maturity Date has the meaning assigned to such term in Section 2.25(a). Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day. Facility Maturity Date means the earliest of (a) the Business Day designated by...
Once a lease is signed, its terms, such as the rent, cannot be changed unless both parties agree. A lease is usually legally binding, which means you are held to its terms until it expires. If you break a lease, you could be held liable in court. ...
Lease addendum meaning Get the up-to-date addendum to lease agreement florida 2025 now Get Form Show details 4.6 out of 5 22 votes DocHub Reviews 44 reviews DocHub Reviews 23 ratings 15,005 10,000,000+ 303 100,000+ users Here's how it works 02. Sign it in a few clicks Draw ...
Link to this page: Facebook Twitter Full browser? ▲ Lease Unit Well lease up Lease Up Rate lease up something Lease Variation Charge Lease with Option to Own Lease, Mary Elizabeth Lease, Rehabilitate, Operate and Transfer Lease-Back
1. Finance Lease:This refers to afinance leasewhere the lessee is obligated to pay rent until the end of the lease, which aligns with the asset’s useful life. The lessee records the leased item as an asset and payments as liabilities. Moreover, the lessor considers it a sale, and canc...
Lease Effective Date means the effective date of the Lease(or the date the term of the Lease begins) that is shown, or to be shown, on the Lease agreement between the Owner and a tenant.” [Adopted 1/10/08.] What is the difference between commencement date and effective date?
11.1 Within AASB 117 a lease is defined as: an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time. 11.2 We should capitalise a lease transaction (meaning that the leased asset and lease...
As used in the Basic Lease Information and elsewhere in this Lease, the term"rentable square feet"and similar variations thereof shall have the meaning set forth below: 1.1.1 In the case of a single tenancy floor, all floor areas measured from the predominate feature of the Building(i. e...
Not all leases are designed the same, but they have some common features. These include the rent amount, the due date of rent, and the expiration date of the lease. Thelandlordrequires the tenant to sign the lease, thereby agreeing to its terms before occupying the property. ...