Sentences with phrase «lease terminated»

However, the tenant that agrees to subordinate its leasehold interest without reviewing the lease language carefully — with an eye toward both the applicable law and the options available to it — may find its lease terminated in the event of a foreclosure without any fault on the tenant's part.
Provided strategic oversight and focused on the Eastern Seaboard for liquidation of auto assets and reposed or lease terminated vehicles.
This meant that M&S had paid to March but the lease terminated in January.
Subquestion: There are laws that protect the tenant from having their lease terminated by the new landlord, but is there similar logic or law that restricts the tenant from breaking the lease?
In recent months, the airport's remaining clutch of small operators and private pilots allege they've had their leases terminated or their rents jacked up by as much as 300 % — all of which has landed Porter in court yet again.
Oh, and in Quebec there'll be a lot of déménagement going on, because it's moving day in that province, a traditional, rather than a legal event, when a too large number of leases terminate and moving companies experience a bonanza.
My lease says their lease is contingent on staying in compliance with SEC 8 and that if they lose their voucher, their lease terminates immediately.
According to the law, leases terminate 30 days after the next rental payment is due.
In some states, if the lender's mortgage has priority and the lender forecloses, the lease terminates automatically, even if the lender does not want the lease to be terminated.

Not exact matches

The liberal - funded watchdog group Citizens for Responsibility and Ethics in Washington complained to the GSA that it should terminate its deal or take legal action because the president had violated the conditions of the lease.
Supporters of the cause pledged to buy a gift card from Starbucks if they terminate their lease at Trump Tower.
A petition and a crowdfunding effort are circulating the Internet in an attempt to get Starbucks to terminate its leases on Trump properties.
In 2009, the city terminated Six Flags» lease and announced that the area would be turned into a shopping complex, but nothing has happened so far.
Mr. Trump even implied he would terminate their leases.
Join me in urging Starbucks to terminate its leases at all Trump properties, and once again show that it stands behind its values of belonging, inclusion, and diversity.
Flagler Station II gets 70,000 - square - foot industrial lease PriceSmart just terminated its lease for 122,000 square feet at Flagler Station II in Medley, and signed...
Once you have reached the end of the initial agreement, you'll have the option to renew or terminate the lease or to purchase the equipment for its fair market value.
A lot of good things can happen in bankruptcy such as terminate overpriced contracts or leases, shed extraneous business units or, deal with union problems or settle contingent liabilities; all under the protection of bankruptcy court.
Belvino put the vineyards up for sale in February last year after winemaker Neil McGuigan's ASX - listed Australian Vintage Limited terminated its lease over the property early at the end of 2015.
They can terminate their lease on the H...
The school district has notified the Park District that it is terminating the lease for 9 acres at Briarcliffe Boulevard and 22nd Street in Wheaton.
Under terms of the agreement — which allowed the Wheaton Park District to lease the land at no cost — the school district can terminate the arrangement with three years» notice.
Oyster Bay spokesman Brian Nevin said Wednesday the town will terminate a $ 2,034 month - to - month lease with a Lizza - owned company for that land.
In February 2010, Trinity Real Estate terminated a 99 - year lease it had granted to Tribeca Associates back in 2007, when Tribeca Associates planned to convert the building into offices and a hotel, according to Crain's New York Business.
A special committee of the Ulster County Legislature has called on the Catskill Mountain Railroad to drop its suit against the county in exchange for the county abandoning its effort to immediately terminate its lease with the railroad.
If not, the city may terminate the lease, she said.
Last week, the residents of 289 Grand (also known as 91 Eldridge) received the bad news that their leases are being terminated.
I also doubt that this would be grounds for them to terminate the lease.
* No refunds will be given if the lease is terminated early or if the lease term is less than the coverage period.
Certain lessees will be able to terminate their leases without penalty, and certain owners will also be excused from loan obligations, according to the Plaintiffs» Committee for Volkswagen «Clean Diesel» Litigation.
I had the vehicle towed to the dealership and requested that they either terminate the lease agreement or trade in the vehicle.
If I decide to purchase the vehicle after the lease is terminated I would definitively contact a tuner to get more
If I decide to purchase the vehicle after the lease is terminated I would definitively contact a tuner to get more performance from the SUV.
Audi Care may not be canceled and is non - refundable.1 No refunds will be given if your lease is terminated early, or if your lease term is less than the coverage period.
If you plan on terminating a lease on a Mercedes - Benz vehicle, and you are a Mercedes - Benz credit cardholder, you can have 1,000 miles waived off your total mileage.
When terminating a lease, a car company will usually set a maximum amount of allowable miles, up to which it will allow you to terminate the lease.
Prematurely terminating your lease early can also be reported, though many landlords have been reporting this type of information to the major credit bureaus for years.
If your credit history reveals that you have any unpaid collection accounts, accounts that are currently ninety days or more in delinquency, lease or contract terminated by default, tax lien within the past five years (whether county, state or federal tax), foreclosure within the last five years, bankruptcy within the last five years, wage garnishment within the last five years, you may be denied the Direct PLUS Loans.
If the landlord doesn't turn them back on, the tenant may terminate the lease in writing.
It will cost you significant money to terminate a lease early, no matter what the retailer tells you verbally during the buying process.
If you are terminating your lease early because you can no longer afford the repayments, you may be eligible to apply for a hardship variation.
At the end of the period, the lease is terminated and the car is sold.
If you are terminating your lease early, you may also be charged an early termination fee, which can be as high as 95 % of the outstanding amount.
If you can find someone else to take over your payments, you can terminate your lease early without taking a hit to your credit.
If the landlord materially fails to comply with their obligations to maintain safe and habitable premises with a health or safety impact, the tenant may terminate the lease on written notice.
The terminated lease was signed in 10/07, not far after the peak of the real estate bubble at a rate of $ 2.95 / sf ($ 191,592 rent in 2009 for a 65,000 square - foot facility).
Here's the detail on what has happened: * VaxGen failed to pay 1/1/09 rent within the 5 - day period required under the terms of the lease (sec 26A2) * Lessor officially terminated the lease in writing on 1/23/09
Federal law lets you terminate the lease with no early termination charges IF:
Default judgments Stay of proceedings Statutes of limitations Cap on interest rates Eviction proceedings Installment contract for property purchase Mortgages Terminating home or vehicle leases
Generally, only 30 - days notice is needed to terminate or change the terms of the lease, unless state law says otherwise.
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