How to use lessee in a sentence

Looking for sentences and phrases with the word lessee? Here are some examples.

Sentence Examples It introduced a 'Red Carpet Option' that transfers ownership to the lessee immediately and requires a balloon payment at the end of the contract. The lessee would have a reasonable expectation that the consent is really only a matter of form by that stage. An applicant for aircraft registration must be the owner or lessee of an aircraft based or hangared in the State of New Mexico. However, when the lease expired the lessee chose not to renew it and now Mr Durney isn't certain what he will do with it. Where there is an assignment by a lessor to a lessee the interest which the lessee takes is the interest which the lessor himself had. During the period of the lease, the lessee is usually prohibited from making improvements on the leased assets. There was no present attempt to forfeit the lease by reason of the activities of the lessee. There was an owner, a lessee and a sublessee, as I understand it, is that right? It also pleaded that it had received Indonesian advice that a foreign company could be a lessee or assignee under a lease. What you are telling us is the relationship between the lessor and the lessee and mortgagee. The lessee is to be responsible for insuring the premises against damage or destruction by fire. For a very brief time, both the lessor and the lessee were one and the same person. The lessee and the reversioners brought separate actions against the company for an injunction and damages in respect of the nuisance and injury. In return, the lessee gives one-third of the harvest or something of equivalent value to the owner. In the opposite case, the surplus was shared equally between the state and the lessee. The claimant was a co-operative and owned the freehold of a block of flats where the defendant was a lessee. Well, the issue was that the obligations of the lessee would not be overlooked because the lessee and the lessor were the same person. When a lessee commits a breach of covenant on which the lessor has a right of re-entry, he may elect to avoid or not to avoid the lease, and he may do so by deed or by word. The lessee obtained, upon registration, an indefeasible title as such. One condition relates to the wish of the lessee to dispose of the lease. Show More Sentences In a real sense, the lessee leased not only the restaurant premises but the premises in the context of the entire mall as outlined in the site plan. In this case, an owner of a piece of equipment sells the equipment to a lessor, who then leases it back to its former owner, who is then the lessee. At the end of the leasing period the lessee often has the option to buy the good at a nominal price. In 1878 Irving became lessee and manager of the Lyceum Theatre and built around him a dedicated if subservient company. Throughout the term of the lease, the lessee pays the lessor the rental price, related charges and taxes on the land and buildings. Capital leases are those which substantially transfer the benefits and risks of ownership to the lessee. The lessee is assumed to receive all the benefits derivable from the use of the good and to incur the costs and risks associated with ownership. Normally, the good is chosen by the lessee and delivered directly to him by the producer or seller. For the civil law, the definition excludes real rights and the rights of a lessee under a lease of an immovable. In a lease other than a financial lease, risk of loss is retained by the lessor and does not pass to the lessee. Lessor may assume ownership at end of lease, unless option to buy is exercised by lessee. Should the leaseholder purchase a guest beer, the lessee would forfeit GBP 22,50 of the recoverable extra rent paid in advance. When the lease expires, the Company may refuse to renew it or notify the lessee of the termination with an offer to renew on new terms. The new lessee shall not be charged for the time that the advance rent has been paid. The new law requires the lessee and the lessor to draw up a description of the property. The lessee is not advised to take to sea in the event of winds forecast at force 7 or above on the Beaufort scale. The former sublessee's licence will be revoked and a new licence issued to the lessee. Note that all examples assume an arm's length relationship between the landlord and lessee. If both the lessee and the lessor have both incurred costs, they can both apply for the rebate based upon their expenditure. One indication of its importance is the incidence of lead pigs or ingots, many stamped with the emperor's name or that of a lessee, which have been found across Britain. Show More Sentences Once expired, the lessee could begin to contract with new suppliers. Pershing remains the lessee of the mining claims and the sublessee of the lands leased by Newmont under a new long-term mining lease. The owner of the property is the leaser when they rent it by lease to a lessee. But neither lessor nor lessee is willing to invest. The lessee undertakes to use the leased property carefully, to obey the house or building regulations, and to show consideration for the other residents of the building and neighbours. This Convention applies whether or not the lessee has or subsequently acquires the option to buy the equipment or to hold it on lease for a further period, and whether or not for a nominal price or rental. Although an assignment of the leasehold interest has been agreed to by all parties, the lessee, under the terms of the original lease agreement is not discharged, a necessary condition for novation to have occurred. Where the rights of a lessee or licensee are not affected by a security right, the rights of a sublessee or sublicensee are also unaffected by the security right. It is also stipulated that the lessee and sublessee are jointly liable to the lessor and that the duration of the sublease is limited to the duration of the main lease. However, the lessee must first tell the lessor his or her intentions as well as the name and address of the sublessee or assignee and must obtain the lessor's consent. Exclusive possession would therefore be an implicit aspect of the lessor's obligation to provide the lessee of a dwelling with peaceable enjoyment of the property. Nothing in this Article shall entitle the lessee to negotiate a modification, termination or rescission of the supply agreement without the consent of the lessor. The property owner includes an amount that represents a recovery of such taxes from the lessee either as part of the basic rent or as an additional rent in the lease agreement. A special type of leasing contract allows the lessor to transfer to the lessee all risks and benefits associated with the possession of the asset. Under a leasing contract, a lessor conveys to a lessee the right to use a piece of property for an agreed period of time against payment or a series of payments. The leasing rentals paid to the lessor by the lessee, supported by a receipted invoice or an accounting document of equivalent probative value, constitute the expenditure eligible for co-financing. This means that a secured creditor of a lessor may obtain priority over a secured creditor of a lessee, even if the lessor's secured creditor registers second. This law shall not apply to a lease or a supply agreement for large aircraft equipment unless the lessor, the lessee and the supplier have otherwise agreed in writing. The landlord is entitled to deduct the amount of the tax debited by the lessee when determining the landlord's net tax for the reporting period in which the debit note is received. One version of the bill, already passed by the Senate, states that they are not owned by carmakers but the car owner, or in the case of a leased vehicle, the lessee. Show More Sentences He offers no repair, maintenance or replacement services to the lessee. The law should provide that a retention-of-title right and a financial lessor's right must be evidenced in writing before the buyer or lessee obtains possession of the tangible property that is the object of the right. Rental charges and taxes on let buildings and the recovery of these charges refer to costs that under law or custom fall to the expense of the tenant or lessee. The owner or the lessee of a building covered by a subsidy application may not object to an inspection of the building, under penalty of definitive cancellation of the application. All payments will be made directly to the retail purchaser or lessee. The lessee has agreed to make three payments at the time of closing. Any owner or lessee of a building may be granted a subsidy in compensation for the cost of eligible work, which must be carried out in accordance with the Code and applicable by-laws, by filing an application to that effect. A pedestrian becomes a driver or a lessee becomes an owner. The lessee may request the renewal of the lease on existing terms. The lessee shall be authorised to collect one year maintenance fee from the sublessee in advance before handing over possession of the unit to the sublessee. Examples from Classical Literature The lessee pays a tenth of the produce of the soil for his right of cultivation. An interesse termini is a right in rem, alienable at common law, and transmissible to the executors of the lessee. A transfer by the lessee of the whole or a part of his interest for a part of the time is a sublease and not an assignment. The lady is either the owner or the lessee of the Urania Theater. This was the opinion in the famous case of Martin vs. Hunter's lessee. He was sent on board by the lessee of the bar, who lived in Dubuque. The owner to whom the lease is given is called the tenant or lessee. Each lease provided that after five years the lessee would have an option to purchase the property pursuant to a formula set out in the lease. Lease negotiations, more often than not, lead to a request from the lessee for renewal options. The lessee contract would not stand fifteen minutes before a petit jury. I was really manager most of the time, and lessee of the theatre. Gray-coat parson, a lay impropriator, or lessee of great tithes. The two detectives watched the lessee narrowly as that question was put. Lessors report a receivable asset for amounts due from the lessee, not an asset for the leased property itself, even though the lessor retains legal ownership of the property. Find more words! Another word for Opposite of Meaning of Rhymes with Sentences with Find word forms Translate from English Translate to English Words With Friends Scrabble Crossword / Codeword Words starting with Words ending with Words containing exactly Words containing letters Pronounce Find conjugations Find names From Afrikaans From Albanian From Amharic From Arabic From Armenian From Azerbaijani From Basque From Belarusian From Bengali From Bosnian From Bulgarian From Catalan From Cebuano From Chichewa From Chinese From Corsican From Croatian From Czech From Danish From Dutch From Esperanto From Estonian From Farsi From Filipino From Finnish From French From Frisian From Galician From Georgian From German From Greek From Gujarati From Haitian Creole From Hausa From Hebrew From Hindi From Hmong From Hungarian From Icelandic From Igbo From Indonesian From Irish From Italian From Japanese From Javanese From Kannada From Kazakh From Khmer From Korean From Kurdish From Kyrgyz From Lao From Latin From Latvian From Lithuanian From Luxembourgish From Macedonian From Malagasy From Malay From Malayalam From Maltese From Maori From Marathi From Mongolian From Burmese From Nepali From Norwegian From Polish From Portuguese From Punjabi From Romanian From Russian From Samoan From Scots Gaelic From Serbian From Sesotho From Shona From Sinhala From Slovak From Slovenian From Somali From Spanish From Sundanese From Swahili From Swedish From Tajik From Tamil From Telugu From Thai From Turkish From Ukrainian From Urdu From Uzbek From Vietnamese From Welsh From Xhosa From Yiddish From Yoruba From Zulu To Afrikaans To Albanian To Amharic To Arabic To Armenian To Azerbaijani To Basque To Belarusian To Bengali To Bosnian To Bulgarian To Catalan To Cebuano To Chichewa To Chinese To Corsican To Croatian To Czech To Danish To Dutch To Esperanto To Estonian To Farsi To Filipino To Finnish To French To Frisian To Galician To Georgian To German To Greek To Gujarati To Haitian Creole To Hausa To Hebrew To Hindi To Hmong To Hungarian To Icelandic To Igbo To Indonesian To Irish To Italian To Japanese To Javanese To Kannada To Kazakh To Khmer To Korean To Kurdish To Kyrgyz To Lao To Latin To Latvian To Lithuanian To Luxembourgish To Macedonian To Malagasy To Malay To Malayalam To Maltese To Maori To Marathi To Mongolian To Burmese To Nepali To Norwegian To Polish To Portuguese To Punjabi To Romanian To Russian To Samoan To Scots Gaelic To Serbian To Sesotho To Shona To Sinhala To Slovak To Slovenian To Somali To Spanish To Sundanese To Swahili To Swedish To Tajik To Tamil To Telugu To Thai To Turkish To Ukrainian To Urdu To Uzbek To Vietnamese To Welsh To Xhosa To Yiddish To Yoruba To Zulu English French Afrikaans Word Albanian Word Arabic Word Bengali Word Chinese Word Croatian Word Czech Word Danish Word Dutch Word English Word Finnish Word French Word German Word Greek Word Hindi Word Hungarian Word Icelandic Word Indonesian Word Italian Word Japanese Word Korean Word Latin Word Malay Word Malayalam Word Marathi Word Nepali Word Norwegian Word Polish Word Portuguese Word Romanian Word Russian Word Serbian Word Slovak Word Spanish Word Swahili Word Swedish Word Tamil Word Telugu Word Thai Word Turkish Word Ukrainian Word Uzbek Word Vietnamese Word Welsh Word All words 2-letter words 3-letter words 4-letter words 5-letter words 6-letter words 7-letter words 8-letter words 9-letter words 10-letter words 11-letter words 12-letter words 13-letter words 14-letter words Plural of Singular of Past tense of Present tense of Verb for Adjective for Adverb for Noun for Meaning of name Origin of name Names meaning Names starting with Names of origin lessee Use * for blank tiles (max 2) Advanced Search Advanced Search Use * for blank spaces Advanced Search Advanced Word Finder See Also What is another word for lessee? What is the opposite of lessee? Words that rhyme with lessee What is the plural of lessee? What is the noun for lessee? Translations for lessee Use our Sentence Generator Nearby Words lesse less demanding less lespedeza Leslie lesions lessees lessen lessened lessening lessens lesser 6-letter Words Starting With l le les less lesse