Depot Lease definition

Depot Lease means: (a) any lease of a depot to which the Franchisee is a party as at the Start Date; or (b) any other lease of a depot in relation to which the Franchisee becomes the Facility Owner at any time during the Franchise Period;
Depot Lease or “DL” means: (a) any lease of a depot to which the Franchisee is a party as at the Start Date; or (b) any other lease of a depot in relation to which the Franchisee becomes the Facility Owner at any time during the Franchise Period;
Depot Lease or “DL” means:

Examples of Depot Lease in a sentence

  • After completion of construction, the possession of the depot shall be handed over to the Authority who in turn shall enter in to Depot Lease Agreement with the Operator as Sub Agreement to this Bus Operator Agreement.

  • Fen Road Depot Lease Renewal – Stamp Duty has been charge on renewal of lease, resulting in an overspend of £8,000.

  • ITEM B – Union Pacific Train Depot Lease ModificationsIn response to a request from Mayor Sager, R.

  • The Operator shall maintain the area of the Bus Depot/ Parking Space provided to it under the terms of the Depot Lease Agreement and Operator Agreement in good working conditional his own cost and expense.

  • The Franchisee shall at all times enforce its rights under each Station Lease and Depot Lease.


More Definitions of Depot Lease

Depot Lease means the lease of the Depot entered into between Railtrack and the Depot Facility Owner on the date specified in paragraph 2 of Annex Part 5, incorporating these Depot Access Conditions;
Depot Lease means a Property Lease listed in Part 4(b) of Schedule 1 and such other Property Leases in respect of Depots as the Operator may enter into from time to time.
Depot Lease means any lease:
Depot Lease means: (a) not used; or (b) any lease of a depot in relation to which the Franchisee becomes the Facility Owner at any time during the Franchise Period; "Designated Employer" has the meaning given to it in the Pension Trust;
Depot Lease means: (a) with effect from the Start Date any lease for the following depots: (i) Bedford Xxxxxxxxx Depot; (ii) Bedford Midland Road Depot; and lon_lib1\10436430\4 43 Derogations kokoa
Depot Lease shall have the meaning given to such term in the Payment Deed;
Depot Lease means the lease of any depot entered into between Network Rail and a train operating company;