Sentences with phrase «lessee 38cjb3»

Lessor: The person who grants a lease to a lessee.

A lawyer may assert that she always reviews any provisions in an equipment lease relating to early termination penalties with lessee clients; but if asked to recall the details (when?

In the context of a lease, the transfer by a lessee to another person of all of the lessee's interest in the leased property; an assignment differs from a sublease in that a sublease does not transfer all of the lessee's rights in the property.

The parties were inextricably entwined with each other for years to come, as lessee and management company of the claimant's home.

The Massachusetts Appeals Court has determined that a bank, acting as a fiduciary under a family trust, was liable for ignoring the provisions in a lease, which gave the lessee of a Cape Cod property used as a tree stump dump a right of first refusal with respect to purchase of the property.

Should Lessee remain in possession of the demised premises with the consent of the Lessor after the natural expiration of this lease, a new month - to - month tenancy shall be created between Lessor and Lessee, which shall be subject to all the terms and conditions hereof but shall be terminated on 58 days» or two rental periods, written notice served by either Lessor or Lessee on the other party.

Holdover by Lessee.

One of our contacts even told us about a municipal court landlord - tenant case that turned into a federal lawsuit involving the Foreign Sovereign Immunities Act because the lessee was a foreign government.

Provided that this lease is in good standing, the Lessee shall have the option to renew this lease for two (2) additional further periods of 35 years upon giving written notice one year before the expiration of the term of this lease and the second term.

Providing that this lease is in good standing, the lessee shall have the option to renew this lease for two additional further periods of 35 years upon giving written notice one year before the expiration of the term of this lease and the second term.

This is supported by s 39 (4)(which provides that «a tenant of a flat» extends to the lessee of a flat together with other flats) and s 101 (3) which uses the expression «where the demised premises consist of or include the flat».

The Court of Appeal (hearing both appeals together, [2007] EWCA Civ 499, [2007] 3 EGLR 141) allowed both appeals, overruling Maurice v Hollow - Ware Products Ltd and holding that a head lessee, in these circumstances, is not a «qualifying tenant» for the purposes of LRHUDA 1993.

In each case, the freeholder opposed the lease extension on the ground that the head lessee was not a «qualifying tenant» under the Act.

Against this statutory language, Lord Neuberger considered it to be clear that a lessee under a lease which includes the flat and other premises is a qualifying tenant, «according to the ordinary principles of interpretation», unless there is any clear indication to the contrary.

In your Horse Lease, you'll want to include details like: the names of the owner and of the lessee; the lease's start and end dates; a description of the horse, including its estimated value; how and when lease payments will be made; who's responsible for veterinary care; and any restrictions on using the horse for shows or other special events.

This can include anything from the lease term, termination clauses, or how much upkeep you are expected to take care of as the lessee.

For this and some other work, our aggrieved lessee (and co-lessees) received a demand for a cool # 55K.

In a shared - boarding lease, both parties have access to the horse, and while there are more restrictions on what the lessee can do, the owner has more financial responsibilities for the horse's care.

(1) For the purpose of this Treaty the territory of a Contracting Party shall include all territory under the jurisdiction of that Contracting Party, including air space and territorial waters and vessels and aircraft registered in that Contracting Party or aircraft leased without crew to a lessee who has his principal place of business, or, if the lessee has no such place of business, his permanent residence in, that Contracting Party if any such aircraft is in flight, or if any such vessel is on the high seas when the offense is committed.

In default of a reply from the lessee to the claim, a judgment will be obtained, which amounts to a determination for the purposes of the relevant statute.

These concerns grow out of the fact that when suing you might have a legal action against several parties including the truck operator, the truck owner, the trailer owner or lessee, the owner of the cargo, etc..

Is the onus for repayment on the lessor or the lessee?

(A) A person shall not operate... a motor vehicle... unless the motor vehicle... has been registered with the department for the current registration year or is properly registered for the current registration year by the state or country of which the owner or lessee is a resident.

Or must a lessor accept any payment method from the lessee?

The department and the coal operator, owner or lessee shall be given at least 72 hours» notice prior to commencement of work protecting the mine.

With both solar leases and car leases, the lessee does not own the product, and when the term ends, has a choice of purchasing it, returning it, or signing another lease.

(Sec. 383) Allows a lessee to withhold from payment any royalty due and owing to the United States under any leases under the Outer Continental Shelf Lands Act for offshore oil or gas production from a covered lease tract if, on or before the date that the payment is due and payable to the United States, the lessee makes a payment to the state of 44 cents for every $ 1 of royalty withheld.

Any lessee of a producing lease may relinquish to the Secretary any portion of a lease that the lessee has no interest in producing and that the Secretary finds is geologically prospective.

In return for any such relinquishment, the Secretary shall provide to the lessee a royalty incentive for the portion of the lease retained by the lessee, in accordance with regulations promulgated by the Secretary to carry out this subsection.

Each household may receive the Clean Fuel Rebate only one time for an EV, but if you transfer ownership, the new owner (or lessee, if applicable) will qualify for a rebate — as long as the new owner or lessee meets the other eligibility requirements and the vehicle has not reached the maximum of three rebates associated with the EV.

The Secretary shall not withdraw any covered energy project issued under this Act without finding a violation of the terms of the lease by the lessee.

(Sec. 209) Requires the Secretary of HUD, in consultation with the Secretary, to issue regulations to: (1) prohibit any private contract, lease, or other agreement from impairing the ability of a residential property owner or lessee to install, construct, maintain, or use a solar energy system on that property; and (2) require that an application of approval for the installation or use of a solar energy system be treated in the same manner as an application for approval of an architectural modification.

Recommendation: To better ensure that the government obtains sufficient financial assurances to cover decommissioning liabilities in the event of lessee default, the Secretary of the Interior should ensure that the Bureau of Ocean Energy Management (BOEM) completes its plan to revise its financial assurance procedures, including the use of alternative measures of financial strength.

If BOEM determines competitive interest in the proposed lease area no longer exists because only one potential lessee is interested in the area, BOEM may proceed with the non-competitive process and negotiate the terms of the lease directly with the interested company.

Your lessee may provide maintenance, so it's nice to avoid that hassle.

TPO solar lease - installation companies embed several important assumptions and contingencies into solar lease agreements, clauses or sections that can have a large impact on the ultimate value, and return on investment, that goes to the lessee (the home or property owner).

And man, acting as if he owned this world, or at least had come into leasehold possession of it, has played his role as lessee very indifferentlyâ ¦» (Lyton Caldwell, 1971)

Lessee Must be at least 25 years of age and occupant in property for duration of lease.

And for both owner and lessee, we provide a broad range of personal services to ensure that every need is met.

By 1984 the last ranch lessee vacated the island and a newly formed hunting club called Island Adventures leased the facilities from the Gherinis.

In the 1890s, Heman Bayfield Webster (1866 - 1950), lessee of Anacapa Island, built a cabin on a Santa Barbara Island promontory which today bears his name.

A 2008 Arizona law prohibits the sale of any animals in any county with a population of 800,000 or more on any «public highway, street or park or any public property adjacent to a public highway, street or park» or any «commercial private property without the express consent of the owner or lessee of the property.»

For every new Subaru purchased or leased during the Share the Love event, Subaru will donate $ 250 to the purchaser / lessee's choice of six participating charities, up to $ 15 million, one of which is the ASPCA.

The lessee usually ends up paying more than the depreciation on the car, and that difference goes right into the dealer's pocket.

What's more, the average new - vehicle lessee had an average credit score of 717 in Q4 2014, down two points over the same time period.

The landlord DOES have the obligation to use reasonable efforts to find another lessee.

As for the claim, the lease clearly states, and the Civil Code supports that the lessee can be held liable for the full amount of the rent, discounted to present, plus reasonable fees.

Upon such termination, the lessor may recover from the lessee: (1) The worth at the time of award of the unpaid rent which had been earned at the time of termination; (2) The worth at the time of award of the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of such rental loss that the lessee proves could have been reasonably avoided; (3) Subject to subdivision (c), the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of such rental loss that the lessee proves could be reasonably avoided; and (4) Any other amount necessary to compensate the lessor for all the detriment proximately caused by the lessee's failure to perform his obligations under the lease or which in the ordinary course of things would be likely to result therefrom.

Also note that Vax would be liable for all rent until another lessee can be found.

The lessor is NOT obligated to find another lessee.