Which commercial real estate sectors may be affected most
by lessees who want to restructure their lease agreements at renewal time because of the new standard?
The tribunal ruled that the costs of the work were unreasonable, that it was unnecessary to carry out the works on this scale, and that they should have carried out the smaller scale repairs suggested
by the lessees» expert surveyor.
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.
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.
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.
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 relevant code says «If the lessor fails to perform his obligation to make necessary repairs within a reasonable time after demand
by the lessee, the lessee may cause them to be made.
Any improvements or fixtures built on the land
by the lessee will become the property of the owner unless the lease says otherwise.
Not exact matches
SINGAPORE, October 11 (Fitch) Fitch Ratings says Singapore - based First Ship Lease Trust's (FSLT) rating is not affected
by a restructuring agreement of one of its
lessees, Denmark - based TORM A / S, with its banks and tonnage providers (including FSLT).
The hotels are operated
by the Operating
Lessees, subsidiaries of the Company and are managed
by ESA Management LLC (ESA Management), a subsidiary of the Company.
We believe that our service provides a competitive advantage to lessors
by allowing to offer the added value product to those who are seeking protection from unfair security deposit withholding and faster transactions, therefore
lessees are more likely to choose lessor's rental product, while lessors would be willing to pay a small premium fee for such service.
I / WE HEREBY RELEASE, WAIVE, DISCHARGE AND COVENANT NOT TO SUE the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities used
by the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWIS
by the participant, including its owners, managers, promoters,
lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART
BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWIS
BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISE.
Lessee... for example, we have this article archived at the Fraser Institue from 1999 on the exaggerated predictions of climate models in Arctic regions,
by Baliunas & Soon:
Situations that would normally lead to a lease being classified as a finance lease include the following: the lease transfers ownership of the asset to the
lessee by the end of the lease term; the
lessee has the option to purchase the asset at a price which is expected to be sufficiently lower than fair value at the date the option becomes exercisable and that, at the inception of the lease, it is reasonably certain that the option will be exercised; the lease term is for the major part of the economic life of the asset, even if title is not transferred; at the inception of the lease, the present value of the minimum lease payments amounts to at least substantially all of the fair value of the leased asset, and; the lease assets are of a specialised nature such that only the
lessee can use them without major modifications being made.
NHTSA personnel and contractors use PII about individual car buyers /
lessees and sole proprietor salvage auctions and disposal facilities to: (1) determine if individual transactions satisfy CARS program requirements; (2) send information about eligible transactions to a DOT financial management system to process vouchers and cause dealers to be paid
by DOT / NHTSA for eligible transactions; (3) compare dealer - entered information in the CARS Database System to purchaser and transactional information already within the system to ensure compliance with program requirements and for audit purposes; (4) confirm proper disposal of trade - in vehicles; and (5) prevent, identify, and investigate program violations and fraud.
Participating car buyers /
lessees also will be asked
by dealers to complete, on a voluntary basis, an anonymous survey about the Program for use in reporting to Congress on the efficacy of the Program, as mandated
by the CARS statute.
Because the CARS Database System contains PII that is retrieved
by personal identifier (e.g.,
by an individual car buyer /
lessee's State ID number or, in the case of electronic consumer complaint files,
by car buyer /
lessee's name or telephone number), it is a system of records subject to the Privacy Act.
Transaction information pertaining to individual purchasers /
lessees is obtained
by car dealers, on behalf of NHTSA, directly from the individual consumers, from source documents the individuals provide to the dealers (some of which are scanned into the database
by the dealer), and / or directly from their new and trade - in cars.
Closed - end lease offered to highly qualified
lessees on approved credit
by Volkswagen Credit.
Closed end lease for 2018 Fit Continuously Variable Transmission Sport (GK5H6JEW) available from May 1, 2018 through July 5, 2018, to well - qualified
lessees approved
by Honda Financial Services.
Closed - end lease offered to qualified
lessees with approved credit
by Porsche Financial Services through participating U.S. dealers.
Closed - end lease for 2018 ILX 8 Speed Dual - Clutch vehicles (DE2F3JJW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Closed - end lease for 2018 MDX 9 Speed Automatic vehicles (YD3H3JJNW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Closed - end lease for 2018 RDX 6 Speed Automatic AWD vehicles (TB4H3JJNW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Closed - end lease for 2018 RDX 6 Speed Automatic vehicles (TB3H3JJNW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Closed - end lease for 2018 MDX 9 Speed Automatic SH - AWD vehicles (YD4H3JJNW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Available dates: May 1, 2018 - July 5, 2018 Closed - end lease for 2018 MDX 9 Speed Automatic vehicles (YD3H3JJNW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Available dates: May 1, 2018 - July 5, 2018 Closed - end lease for 2018 TLX 8 Speed Dual - Clutch with Technology Package vehicles (UB1F5JKNW) available from May 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
TDI owners and
lessees can go to www.vwcourtsettlement.com to see if their specific vehicle is covered
by the settlement.
The J.D. Power rankings are determined
by measuring service satisfaction of owners and
lessees of vehicle one to five years old in the U.S. Five factors make up service satisfaction for the CSI Study: service initiation, service advisor, service facility, vehicle pick - up and service quality.
Closed - end lease for 2019 RDX 10 Speed Automatic vehicles (TC1H3KJW) available from June 1, 2018 through July 5, 2018, available to well - qualified
lessees approved
by Acura Financial Services.
Closed end lease for 2018 Elantra GT 5dr HB AT (Model # D2522F45) available from May 3, 2018 through May 31, 2018, to well - qualified
lessees approved
by Hyundai Motor Finance.
Closed end lease for 2018 Kona 4dr Wagon SEL (Model # Q0422F45) available from May 3, 2018 through May 31, 2018, to well - qualified
lessees approved
by Hyundai Motor Finance.
The other advantage of taking over a lease is that up - front costs, such as the GST and PST, have already been covered
by the original
lessee.
It might also cover damages to the rental unit or a renter's personal property caused
by a temporary
lessee.
By 1984 the last ranch
lessee vacated the island and a newly formed hunting club called Island Adventures leased the facilities from the Gherinis.
Without the TGP extension, these building and property owners will either not invest in solar, enter into PPAs (Power Purchase Agreements) as
lessees, or realize marginal returns
by renting their roofs or land to developers.
(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.
(xi) However, the
lessees were protected to a degree
by the Limitations Act and the two - year limitation period from when the lessors should have discovered their claims.
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».
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.
Roof repair charges put forward
by Westminster City Council - owned City - West Homes to the
lessees of two residential blocks in Marylebone have been branded «astronomically high»
by the Leasehold Valuation Tribunal (LVT).
The
lessees formed an action group to fight the charges proposed
by City - West Homes which it says amounted to # 418 to tarmac each sq metre of the roof — compared to a private contractor's quoted costs of around # 100 per sq metre.
Which means, if there is an accident involving a child on the premises, the tenant /
lessee can not shield itself from liability
by claiming since it doesn't own the property it is not liable for the victim's damages.
The court held that young Brandon did not have standing to sue for personal injuries suffered as a result of being lead poisoned
by the lead based paint in the purchased premises because the language of the statute designated «the
lessee or purchaser» as the person «intended to be protected»
by the statute.
Any person who knowingly violates the provisions of this section shall be jointly and severally liable to the purchaser or
lessee in an amount equal to 3 times the amount of damages incurred
by such individual».
Examples include a dispute between joint venturers over the operation of a gold mine, a dispute charging an oil and gas
lessee with failure to prevent drainage from an oil and gas lease, litigation over water rights, a dispute over title to sand and gravel and a claim for trespass
by the surface owner against the operator of a sand and gravel mine.
Representation of
lessees in numerous lease financings of transportation equipment supported
by export credit agency support with an aggregate value in the billions of dollars
As the
lessee, you are on the hook for whatever damages you cause
by breaking the lease.