renewal clause

renewal clause
s.
cláusula de renovación.

Nuevo Diccionario Inglés-Español. 2014.

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  • Renewal Option — A clause in a lease that outlines the terms for renewing or extending an original lease agreement. The renewal option appears as a covenant in the original lease and provides specifications under which the leaseholder can renew or extend the… …   Investment dictionary

  • roll-over clause — noun automatic renewal, automatic renewal terms, automatic restoration, automatic resumption Generally:{{}}continuance, means to obtain the status quo Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Bargain Renewal Option — A clause in a lease agreement that gives the lessee the option to renew or extend the original lease on an asset at rates well below market rates. The inclusion of such a clause would require the lessee to classify the lease as a capital lease… …   Investment dictionary

  • subordination clause — A covenant in a junior mortgage enabling the first lien to keep its priority in case of renewal or refinancing …   Black's law dictionary

  • covenant to renew — An executory contract, giving lessee the right to renew on compliance with the terms specified in the renewal clause, if any, or, if none, on giving notice, prior to termination of the lease, of his desire to renew, whereupon the contract becomes …   Black's law dictionary

  • covenant to renew — An executory contract, giving lessee the right to renew on compliance with the terms specified in the renewal clause, if any, or, if none, on giving notice, prior to termination of the lease, of his desire to renew, whereupon the contract becomes …   Black's law dictionary

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Copyright law of the United States — The copyright law of the United States governs the legally enforceable rights of creative and artistic works under the laws of the United States. Copyright law in the United States is part of federal law, and is authorized by the U.S.… …   Wikipedia

  • education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …   Universalium

  • japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… …   Universalium

  • Japan — /jeuh pan /, n. 1. a constitutional monarchy on a chain of islands off the E coast of Asia: main islands, Hokkaido, Honshu, Kyushu, and Shikoku. 125,716,637; 141,529 sq. mi. (366,560 sq. km). Cap.: Tokyo. Japanese, Nihon, Nippon. 2. Sea of, the… …   Universalium

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