fixed lease

fixed lease

See gross lease.

References in periodicals archive ?
If the contract is not terminated before expiry of a notice period of 3 months to the end of the fixed lease term, the lease for 1 more year, up to a maximum of 10 years in total extended.
Now we can expand our capacity when we need it to respond to seasonal peaks, hit products and promotions, and then contract it again when needed without bearing the burden of fixed lease costs.
Chalet owners at Oxwich Leisure Park say their properties are 'unmarketable' because of a 10% fixed lease rise every year
Leases of property (land and/or a building, or a part of a building) would use the straight-line approach unless the lease term is for the mayor pact of the economic life of the underlying asset or the present value of the fixed lease payments account for substantially all of the fair value of the underlying asset.
Established Beautiful Clean Smooth Running Laundry with an Excellent Fixed Lease with option (19 years available).
Warimpex was the sole owner of the hotel from February 2008 to the date of the sale, and will lease it back under a 15-year fixed lease.
An economic downturn like the current one can cause fixed lease obligations to become burdensome and trigger a significant negative impact on leasing in many markets.
Steve Collins, Support Services Manager at British Airways said: "We awarded this contract to Skycooler based on the cost savings offered by the fixed lease contract price hut also the higher technical specification, which includes built-in downloadable temperature data logging.
25 (1) Chiquita anticipates additional improvement during the subsequent six-year period (2009-2014), because the company will not incur certain inflationary operating expenses due to the fixed lease rates established in the agreement.
He explained that retail has historically been low leveraged, primarily due to fixed lease expenses associated with these businesses.