Sentences with phrase «term lease obligation»

Not exact matches

According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»

But journalist Izabella Kaminska looked to «other long - term liabilities» of $ 16.4 billion, including, as a footnote shows, $ 6.9 billion in «capital lease obligations.»

The retail purchaser's order must show the cash allowance as having been applied to the vehicle's purchase price or in the case of a lease customer, as reducing the total lease obligation (12 month minimum lease term).

If you choose to return your leased Toyota to us, we can take care of the paperwork and help you navigate the end - of - term obligations, for any outstanding payments, excess wear and use, excessive miles, and more.

Since owning a home is generally a longer - term prospect than, say, a car lease, the proper question to ask is «Will I be able to afford tomorrow's obligations?»

We don't know the terms of the cable and satellite agreements and operating leases and so it is impossible to determine whether the «contractual cash obligations» are absolute or contingent on VVTV continuing to use the services contracted.

However, at the end of your lease, he's under no obligation to renew that lease under the current terms and conditions, nor even at all.

The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.

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.

From the 10 - Q: «In addition to the potential preferred stock redemption cash commitment mentioned above, we have additional long - term contractual cash obligations and commitments with respect to its cable and satellite agreements and operating leases totaling approximately $ 185 million over the next five fiscal years with average annual cash commitments of approximately $ 44 million from fiscal 2009 through fiscal 2012.»

However, the LLC or the corporation is still liable for the obligations under the lease for the balance of the term or until the landlord finds another tenant.

b) Upon any sub-letting or assignment of the whole the tenant shall procure that the sub-tenant or assignee enter into a covenant with the landlord and the tenant of the other flat in the terms of part xi hereof to observe and perform the conditions and obligations of the lease including this obligation

Unfortunately, in these situations, the obligation still remains in terms of a mortgage, car notes, and leases.

If a person stops paying rent, the landlord institutes eviction proceedings, and may sue for the remainder of the rent for the term of the lease: they have an obligation to try to find a replacement tenant, to mitigate the damage.

Fixed financial obligations such as long term leases on a property can be a major burden on any firm.

Quebec's Civil Code also contains various provisions dealing with external clauses, abusive clauses, penal clauses, illegible and incomprehensible clauses, and so on, to name a few, and also provides for a great number of statutorily imposed terms in what it calls «nominate» contracts (such as leases or contracts for services, which have rights and obligations specially prescribed by law).

M&S failed on the first ground for the same reason that the tenants in QuirkCo and Canonical failed: the express terms of the lease were not sufficiently clear to displace the tenant's overarching obligation to pay a full quarter's rent in advance on all quarter days.

If you have named the Lessors of your Long - term leased auto as an Additional Insured and suffer a total «loss» we will pay your legal obligation owed for any difference between the actual cash value (ACV) of the insured auto and the outstanding lease balance to the Lessor.

However, at the end of your lease, he's under no obligation to renew that lease under the current terms and conditions, nor even at all.

From the sociological perspective, it is critically important that the owners of communal lands are provided with detailed, yet technically basic, information about what rights they are waiving, and what obligations they will have or not have, in agreeing to long term leasing of their traditional lands.

To be clear, when the obligation to sign the TEC arises it's not the time to negotiate terms in the lease; rather, it's just the time to ensure that the terms in the lease are true.

A healthier economy may reduce the risk that a tenant will default on its lease obligations, and if they do, improves the landlord's ability to re-lease the property (on potentially more favorable terms).

During the term of the lease the Tenant's obligations are similar to those of an Owner and they are expected to care for and maintain the premises accordingly.

A new long - term lease can be structured for operating lease treatment so that the lease obligations do not burden the right side of the balance sheet, even if 15 or 20 - years in term.

Day Realty Corp. v. Mayflower Agency Co. (174 A.D. 2d 302) question of fact whether broker breached fiduciary obligation by substituting less favorable lease terms for bank with whom broker allegedly had an ongoing relationship.

The final stage would involve negotiating commercial terms of the lease agreement on your behalf, including but not limited to obligations of the parties, terms of lease termination, securities, penalties, etc..

If you are a User of the Elm Street Website, you further agree and acknowledge that you have a bona fide interest in the purchase, sale or lease of real estate of the type being offered on the Elm Street Website, and that these Terms of Use do NOT impose a financial obligation on you or create any representation agreement between you or the Real Estate Agent or Real Estate Broker through whom you receive a Elm Street Website account (hereinafter referred to as «Agent» or «Broker» respectively).

REALTORS ®, for the protection of all parties, shall assure whenever possible that all agreements related to real estate transactions including, but not limited to, listing and representation agreements, purchase contracts, and leases are in writing in clear and understandable language expressing the specific terms, conditions, obligations and commitments of the parties.