Resources
BNET Business Dictionary
- Lessee
- the person who has the use of a leased asset
- Lessee definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Leasing Event Of Default Versus Default What Language Protects Your Rights?
- This article is basically a case study. ABC Lessee has the right to purchase equipment at the end of its lease term for fair market value, as determined by the third party appraisal process after having provided the necessary notice to its lessor. The lessee provides timely notification to it...
- White papers 2003-01-01
- Accounting for Leases
- This presentation aims to discuss accounting treatment for leases. According to FASB statement No.13, a lease is defined as "an agreement conveying the right to use property, plant, or equipment for a stated period of time". It discusses few provisions such as: 1. A lease involves a lessee and a...
- Presentations 2003-01-01
Additional Resources
- Assignment Of Lease By Lessee With Consent Of Lessor
- If you are a Lessee, your lease agreement probably contains a clause prohibiting you from letting someone else take over the lease without the landlord's consent. Most do. This is to protect the landlord from suddenly having new lessee... lessee who may or may not make timely rental payments. Here...
- Tools & templates 2007-12-01
- Synthetic Leases: "Bankruptcy Proofing" the Lessee's Option to Purchase
- The use of a multi-property lessor in a synthetic leasing transaction may cause the lessee to seek to take special precautions to minimize the negative implications of a subsequent lessor bankruptcy. However, requiring the multi-project lessor to grant a security interest in the lessee's option right to purchase the property,...
- White papers 2001-03-09
- Assignment Of Lease By Lessee With Consent Of Lessor
- A lease is a legal document, but can be an oral arrangement, which confers a right on one person called a tenant or lessee to possess property belonging to another person called a landlord or lessor to the exclusion of the owner landlord. This is a template for an assignment...
- Tools & templates 2007-12-01
- A Lessor's Damages for a Lessee's Default
- This article discusses Sections 2A-527 and 2A-528 of the Uniform Commercial Code, providing the starting point from which one can begin to review the rights to damages a lessor has when a lessee defaults on a lease agreement for personal property and the damages are not otherwise covered by a...
- White papers 2004-07-21
- LaSalle Hotel Properties Increases Unsecured Credit Facility To $300 MM; Company Increases LaSalle Hotel Lessee's Credit Facility to $25 MM
- BETHESDA, Md. -- LaSalle Hotel Properties (NYSE:LHO) today announced that it has successfully increased its senior unsecured credit facility to $300.0 million from $215.0 million. The facility will continue to be co-led by Bank of Montreal, as the Administrative Agent, and Bank of America, as the Syndication Agent. In addition,...
- Research articles 2004-08-30
- Federal Court declares lessor acted unconscionably towards lessee market gardeners.
- M2 PRESSWIRE-5 March 2002-ACCC: Federal Court declares lessor acted unconscionably towards lessee market gardeners C1994-2002 M2 COMMUNICATIONS LTD RDATE:05032002 Action by the Australian Competition and Consumer Commission has led to five Vietnamese market gardeners winning a dispute with their ...
- Research articles 2002-03-05
- Lessee construction allowances.
- A landlord may induce a prospective tenant to lease space by arranging to reimburse the tenant for costs incurred to make leasehold improvements or build-outs ("lessee construction allowances"). The most critical tax issue that arises is whether the allowance payments should be included in the tenant's...
- Research articles 2005-10-01
- Identifying Capital and Operating Leases
- Payments for leased corporate assets must be accounted for in financial statements, to accurately reflectthe company's financial obligations. There are two accounting methods, one for each type of lease: "operating" or "capital."The FASB Financial Accounting Standards Board has developed objective criteria to help managers identify the type of lease based...
- Articles 2007-08-13
- Assessing a Lease
- Leasing equipment can make a major difference to a company's finances, particularly in relation to capital expenditure. For example, money not spent on purchasing high-tech items which may quickly become obsolete can be released for other uses. Leasing also has tax advantages. But it's not always the best solution—it pays...
- Articles 2007-06-26
- Equipment Lease
- This equipment lease ("Lease") is made and effective [Date], by and between [Lessor], ("Lessor") and [Lessee] ("Lessee"). Lessor desires to lease to Lessee, and Lessee desires to lease from Lessor, certain tangible personal property. Now, therefore, in consideration of the mutual covenants and promises hereinafter set forth, the parties hereto...
- Tools & templates
- Wiley GAAP 2003, Interpretation And Application
- The article says that It is necessary for the lessee to first apply FASB I 46 to evaluate its relationship with the lessor, and in that respect FASB I 46 takes precedence over SFAS 13 and its many amendments. This is because, if FASB I 46 requires the lessee to...
- White papers 2003-07-01
- Variable Interest Entities in the Context of Leasing Transactions
- In January 2003, FASB issued Interpretation No. 46, Consolidation of Variable Interest Entities. FASB I 46 supersedes EITF 90-15 which previously was used to determine whether a lessee, under an operating lease, was required to consolidate a "nonsubstantive" lessor. It is necessary for the lessee to first apply FASB I...
- White papers 2003-07-01
- Financing Power Projects with Synthetic Leases
- A synthetic lease is a financing arrangement that is classified as a lease for financial accounting purposes and as a loan for tax purposes. This type of financing arrangement is attractive to a lessee/borrower because the lessee achieves off-balance sheet accounting treatment for its debt but retains the tax benefits...
- White papers 2001-06-13
- Lease Financing
- The slide show defines a lease as a tool that allows an individual or a firm to make economic use of an asset for a stated period of time without obtaining ownership interest in it. While talking of lease contract it defines Lessee who obtains use of an asset for...
- Presentations 2003-01-01
- Retail gasoline outlets by type and service in Canada, 2002.(International/Canada)(Illustration)
- Retail Gasoline Outlets by Type and Service in Canada, 2002 Company Comm. ...
- Research articles 2003-07-15
- IRS rulings on debt deductions, payroll taxes
- In Revenue Ruling 2001-20, the Internal Revenue Service stated that a lessee can exclude from income a construction allowance used to construct or improve property even though the amount was less than the allowance specified in the lease. The requirement that the lease specify the amount of the construction...
- Research articles 2001-04-27
- Inspectors cite stations; further closings predicted. (inspectors from the Environmental Protection Agency predict more closings of underground storage tank dealers) (column)
- Underground storage tank investigators from the Environmental Protection Agency EPA are targeting petroleum marketers in the South, citing at least one jobber and two lessee dealer locations for not having the required equipment installed and for i Underground storage tank investigators from the Environmental Protection...
- Research articles 1991-08-01
- International/Canada.(retail petroleum outlets, refined product sales, motor vehicle registrations)(Illustration)(Statistical Data Included)
- Retail Petroleum Outlets in Canada, 2000. (International/Canada) Company Comm. ...
- Research articles 2001-07-15
- << Previous
- page 1 of 1
- Next >>
