(b) demise charterer, time charterer or voyage charterer of that ship .

Article 237 (3) quot The Lessor shall pay indemnity to the Lessee if the latter is deprived of the use of the rented property before the date of expiration of the Lease for reasons of change of property ownership. quot

At the same time, a new tenant settled part of the outstanding rent as well.

A financial lease is to be distinguished from what is usually called an operating lease . Under an operating lease, the leased property is expected to have a remaining useful life at the end of the lease term and the lessee does not have an option to purchase the leased property at the end of the lease term for a nominal price, nor is title to the leased property transferred to the lessee automatically at the end of the lease term.

(ii) the demise charterer of the ship is personally liable for the claim and is demise charterer or owner of the ship when the arrest is effected .

(p) master s disbursements and disbursements made by shippers, demise charterers, other charterers or agents on behalf of the ship or its owners

(p) master s disbursements and disbursments made by shippers, demise charterers, other charterers or agents on behalf of the ship or its owners

Allowing corporate bodies the possibility of renting apartments in cooperative buildings which allows for the effective utilization of dwelling apartments that are not readily rented by private individuals

This is not contrary to 571 of the German Civil Code, according to which a new tenancy agreement arises between the buyer of a building and the tenant, though with the same content of the former agreement between the seller and the tenant.

The delegation of the United States of America confirmed that it preferred to keep the present wording of the proposal and to include claims against time and voyage charterers.

Article 6 Protection of owners and demise charterers of arrested ships

The insolvency law should provide that, in the case of insolvency proceedings with respect to a buyer under a title retention arrangement, a grantor or a financial lessee, the seller, purchase money lender or financial lessor has the rights and duties of a holder of a security right.

These delegations preferred the approach of the 1952 Convention and proposed preventing arrest for claims not secured by maritime liens for which demise charterers and time charterers were personally liable.

(c) The Government of Colombia shall bear the cost of renting the premises in question through monthly payments.

When the number of rooms in the new housing unit is bigger than the housing need of the Lessee as in article 5 of the Housing Rent Law, then it suffices only to provide a housing unit conforming to the norms. quot

(v) Any buyer or other transferee (including a lessee or licensee) of the encumbered asset.

A customary land grant entitles applicants user rights as opposed to property rights. In the case of common law leases, the lessees can use the land for collateral purposes.

As low income households are predominantly tenants, the private sector rental stock plays an important role in meeting their shelter needs.

The insolvency law should provide that, in the case of insolvency proceedings with respect to a buyer under a title retention arrangement, a grantor or a financial lessee, the seller or financial lessor has the rights and duties of a third party owner of the asset under the UNCITRAL Legislative Guide on Insolvency Law.

Under the lease agreement with Lessor A, ABC leases the computer equipment from Lessor A for a period of two years.

The law should address the priority of a security right in a leased asset that is effective against third parties as against the rights of a lessee of such asset.

Based on rental rates charged to specialized agencies, the total estimated rental costs, for the year 1999, would be 708,400.

(p) disbursements made in respect of the ship, by or on behalf of the master, owner, demise or other charterer or agent

Although the use of a wet lease often indicates that the lessor has not passed full operational control over the aircraft to the lessee, the issue whether the lease is wet or dry is not as significant as the issue of who exercises operational control over the aircraft and its crew, and that is evaluated on a case by case basis each time a bid is received.

As provided for by 571 of the German Civil Code, the defendant, as new owner of the building, ipso jure became a party to the existing lease and was assigned the bank guaranty for the lease, that the tenant had provided to the previous owner.

(q) insurance premiums (including mutual insurance calls) in respect of the ship, payable by or on behalf of the shipowner or demise charterer

Private rental housing 19 per cent

According to that view, the deletion of any express reference to that article without incorporating the substance of its chapeau would clearly widen the scope of this Convention by also including claims against time and voyage charterers as a basis for arrest.

(b) the claim against the owner, demise charterer, manager or operator of the ship is secured by a maritime lien, other than those referred to in paragraph (a), recognized under the law of the State where the arrest is requested or

The law should provide that, in the case of default on the part of the buyer, grantor or financial lessee, the seller, purchase money secured creditor or financial lessor has, to the maximum extent possible, the same rights and remedies as the holder of a security right.

The insolvency law should provide that, in the case of insolvency proceedings with respect to a buyer under a title retention arrangement, a grantor or a financial lessee, the seller, purchase money lender or financial lessor has the rights and duties of a holder of a security right.

(q) insurance premiums (including mutual insurance calls) in respect of the ship, payable by or on behalf of the shipowner or demise charterer 6 Comments by the Greek delegation on Article 1 (q) The Greek delegation has some doubts about the exact application of Article 1 (q) in several jurisdictions, where peculiarities might arise.

I like to know who's living in my house, like to know what my boys are up to.

Rented or leased

(r) any commissions, brokerages or agency fees payable in respect of the ship by or on behalf of the shipowner or demise charterer

(a) the claim against the owner, demise charterer, manager or operator of the ship is secured by a maritime lien and is within any of the following categories

(2) Where a securities firm manages its branch with others in forms of joint capital or joint operation, or contracts, leases or entrusts others to manage its branch

The Assembly also authorized the Secretary General to enter into commitments not exceeding 808,500 for rental of premises.

14. Rental of vehicles

20. Authorizes the Secretary General to enter into additional commitments not exceeding 808,500 dollars for the rental of premises

(r) any commissions, brokerages or agency fees payable in respect of the ship by or on behalf of the shipowner or demise charterer 7 Comments by the Chinese and Greek delegations on Article 1 (r) The two delegations are of the opinion that the provisions of Article 1 (r) are very vague and may lead to situations where a vessel can be arrested for a very small amount of money.

The Code requires a safety management system (SMS) to be established by the company , which is defined as the shipowner or any person, such as the manager or bareboat charterer, who has assumed responsibility for operating the ship.

It should be noted that, in line with the practice recommended by the International Civil Aviation Organization, the United Nations invitation to bid does not prohibit the use of wet leases or dry leases, provided they are suitably worded and give the vendor lessee the requisite degree of operational control over the aircraft and its crew.

The insolvency law should provide that, in the case of insolvency proceedings with respect to a buyer under a title retention arrangement, a grantor or a financial lessee, the seller or financial lessor has the rights and duties of a third party owner of the asset under the UNCITRAL Legislative Guide on Insolvency Law.

I can't even rent one, let alone buy one.