Sentences with phrase «certain part of the lease»

However, the sublessee might only be interested in taking over a certain part of the lease (e.g., say, month 5, 6, 7 and 8 of a 12 - month lease), and would not be interested in taking over the whole lease, thus having to find another lessee for months 9 to 12.

Not exact matches

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.

Beginning next year, drivers in certain parts of California will be able to pay a monthly fee and get access to a car whenever they need one, without actually making the commitment of buying or leasing.

Insurance for condominiums and co-op - apartments generally covers your belongings, liability and certain parts of the interior structure as defined in the by - laws or proprietary lease.

Yes, it comes with both benefits, in addition to the $ 100 certificate towards Mercedes - Benz accessories (not parts or service, not valid on the Mercedes - Benz Web site) and $ 1000 certificate towards the purchase or lease downpayment of a new Mercedes - Benz (certain exclusions apply).

Oil and gas leasing and exploration activities are intensifying not only in certain parts of the Reserve but also on adjacent offshore areas in the Beaufort and Chukchi Seas.

Insurance for condominiums and co-op - apartments generally covers your belongings, liability and certain parts of the interior structure as defined in the by - laws or proprietary lease.

As a landlord, if you require renters insurance as part of a lease agreement, you want to be certain that the policy stays in force.

Amongst the most controversial provisions of the legislation is Part 4 of the National Emergency Response Act, which provides for the immediate and later acquisition of five - year leases over certain Aboriginal townships in the Northern Territory for the purposes of the emergency response.

Part 4 also provides for the Federal Government to exercise the powers of the Northern Territory Government to forfeit or resume certain leases known as town camps during the five - year period of the emergency response, and the option of acquiring a freehold interest over these areas.