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How is Lease Expiration Date defined in a legal contract?

• Lease Expiration Date means the later date when either the final [dutch note] is paid in full or the last [vehicle lease expiration date] for the leased vehicle by the lessee. In this agreement, the term commences on the [lease commencement date] and ends at the Lease Expiration Date. Seen in 22 SEC filings
• Lease Expiration Date means the later of the day when the final payment of the last [Group IV note] is made in full, including all outstanding Group IV carrying charges, and the [Vehicle Lease Expiration Date] for the last Group IV vehicle leased by any Group IV Lessee. The ""TERM"" of this lease starts on the [lease commencement date] and ends at the Lease Expiration Date. Seen in 18 SEC filings
• Lease Expiration Date means the last day of the month wherein the 7th anniversary of the [lease commencement date] occurs. Seen in 13 SEC filings
• Lease Expiration Date means for a vehicle that's a subject of a lease between a lessor and lessee according to the relevant master lease agreement, the first date to occur is regarded as the Lease Expiration Date. Seen in 10 SEC filings
• Lease Expiration Date means for any lease, the date stated in that lease (either on the [initial closing date] or later, the date when such lease was first included in the collateral pool) on which the lease term ends or the earlier date on which the tenant has an option to terminate the lease (as seen on the initial closing date or if later, the date when such lease was first included in the collateral pool), disregarding any unexercised options to renew or extend such lease or any changes or modifications to such terms connected with a bankruptcy or similar proceeding involving the related tenant or a modification, waiver, extension, or amendment of such lease granted or agreed to by [Special Servicer] under [clause]. Seen in 9 SEC filings

Note: Replace [dutch note], [vehicle lease expiration date], [Group IV note], [lease commencement date], [initial closing date], [Special Servicer] and [clause] with context-specific information.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Lease Expiration Date means the day when the last obligations of a lease are fulfilled.

Relevant Contract Types

• Commercial Property Lease Agreement
• Residential Lease Agreement
• Equipment Lease Agreement
• Vehicle Lease Agreement

Relevant Circumstances

• Lease of commercial properties, residential properties, vehicles, or equipment.
• Situation involving subleasing properties or equipment.

Relevant Sectors

• Real Estate
• Automotive
• Construction
• Retail

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Genie Definition 2

• Lease Expiration Date means the specified date in a lease on which the tenant's term ends.

Relevant Contract Types

• Commercial Lease Agreement
• Industrial Lease Agreement
• Office Space Lease Agreement

Relevant Circumstances

• Lease of commercial spaces, industrial spaces, or offices.
• Situation involving renewal or extension of a current lease contract.

Relevant Sectors

• Industrial
• Office Space Rental
• Real Estate
• Retail

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