lease

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Related to Lease Agreements: subletting

lease

1. a contract by which property is conveyed to a person for a specified period, usually for rent
2. the instrument by which such property is conveyed
3. the period of time for which it is conveyed

Lease

An agreement granting permission of a property for a specified time period, usually for a specific amount of rent, without transferring ownership.

lease

[lēs]
(industrial engineering)
Contract between landowner and another granting the latter the right to use the land, usually upon payment of an agreed rental, bonus, or royalty.
A piece of land that is leased.
(textiles)
A means of keeping warp threads in position during weaving and beaming by passing them alternately over and under a set of rods.

lease

A contract transferring the right of possession of buildings, property, etc., for a fixed period of time, usually for periodical compensation called rent.
References in periodicals archive ?
The CPLV Lease Agreement and HLV Lease Agreement will be amended and combined into a single master lease agreement.
Since 1993, Petron has already paid an average of about P140 million annually under the lease agreement. The lease at that time represented a yield of 64 percent.
CDA Member Planning Asad Mehboob Kayani, when contacted, said: 'In all those cases where due process was not followed, we will cancel the lease agreements.'
'By unilaterally setting aside the renewal clauses of the Lease Agreements and by categorically declaring its refusal to honor them, PNOC committed a fundamental breach of its Lease Agreements with Petron,' the company stressed.
'Accordingly, your letters-because they deny without legal causes Petron's contractual right to renew-constitute fundamental breach of the three lease agreements.'
The company stated that these lease agreements imply shared investments, lower risk and thereby lower average valuation yield for the hotel properties, and lay the foundations for good growth in rental income and net operating income.
Based on our discussions with the competent authorities, we have been informed that all short term lease agreements (i.e.
The Governor was informed through different complaints that the government officials appointed in tribal areas were involved in issuance of fake identity cards to foreigners including Afghans and issued them illegal lease agreement of minerals' mines in FATA.
The lease agreements concluded after the implementation of the new act
* A 10 year lease agreement with DD Hempstead, Inc, Dollar Discount Stores for 8022 square feet.
The 16 new lease agreements included four new Airbus A320s for Virgin America, three Airbus A320s for Indonesian airline Garuda, three Airbus A320s for Mexico's Interjet, one Airbus A320 for Amsterdam Airlines in the Netherlands, two Airbus A319s for Aircompany Tatarstan in Russia, one Airbus A319 for Colombia's Avianca and two Airbus A319s for Bangkok Airways, Thailand.
WITH over 20 years' experience of negotiating lease agreements I have questioned over the past two years if my previous experience has prepared me and my fellow professionals for the unprecedented change in the approach we have taken towards lease agreements.