It was beyond all argument superior to the telephones then in use and the lessees
of Bell telephones clamored with one voice for "a transmitter as good as Edison's.
There's only a little bit of the vineyard that isn't abandoned-- just enough to make wine for the present Italian lessees
, who are running a poverty-stricken milk ranch on the leavings of the soil.
Co-owners can agree to require a fellow co-owner to offer its ownership interest for sale to the other co-owners, the sponsor or the lessee
at fair market value (FMV) before exercising any right of partition.
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.
While paragraph 31 and the example it contains are correct from a technical standpoint, they are not illustrative of the common industry practice of the lessee
arranging for repairs.
The dispute between the World Trade Center lessee
and insurers is heating up, with the insurer that holds the largest piece of liability from the destroyed complex saying the lessee
has forfeited his right to rebuild the center by asking for an immediate cash payment for the actual cash value of the property.
Lease negotiations, more often than not, lead to a request from the lessee
for renewal options.
Advocate is a research firm publishing practical information for corporate executives who want to improve their financial performance by improving their leasing operations.
If a lease meets any one of four criteria (see Exhibit 1 on page 20), it qualifies for capital lease treatment and the lessee
is required to record and report the underlying assets and related lease obligations on its balance sheet.
The net lease of the 8,500-square-foot (sf), mixed-use building, which is situated between 82nd and 83rd streets, was executed at a gross rental rate of $4 million over the course of the 10-year term, with the lessee
having the option to purchase.
The successful Lessee
shall at its own cost and expense and in strict conformity with all applicable
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.