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commercial lease

    0.01 sec.
commercial lease

A lease of space for nonresidential purposes.



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It would be most unusual for a commercial lease to allow the tenant complete freedom of subletting, although some commercial leases prohibit subletting altogether, in which case you have absolute discretion to refuse the proposal.
Two types of leases will be allowed: Long-term commercial leases with terms of up to about 25 years to cover construction and energy production for offshore projects and limited leases for research and development for data collection and testing of technology for an extent of about five years.
Beginning in fiscal year 2009, Mazda will provide approximately 30 RX-8 Hydrogen RE vehicles for the HyNor project under commercial lease contracts.
 
 
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