Definition of Lessee
a person who holds the lease of a property; a tenant.
This would include mortgagees, lessees and the acquirers of other interests, both legal and equitable.
Example of Lessee
After being manager for Montague Penley at the Windsor Theatre, he succeeded to the lesseeship , and in 1841 became manager of the Theatre Royal, Sheffield.
During the period of the lease, the lessee is usually prohibited from making improvements on the leased assets.
From 1867 to 1882 his success as scene designer made him welcome as a partner in various lesseeships of the Theatre Royal, Melbourne, with Coppin and others.
However, when the lease expired the lessee chose not to renew it and now Mr Durney isn't certain what he will do with it.
If the covenant has the meaning suggested by the lessees , the lessors are liable for breach of the implied covenant.
In a real sense, the lessee leased not only the restaurant premises but the premises in the context of the entire mall as outlined in the site plan.
In the lease the lessee 's covenants were contained in clause 4.
It also pleaded that it had received Indonesian advice that a foreign company could be a lessee or assignee under a lease.
One condition relates to the wish of the lessee to dispose of the lease.
Readers should beware of thinking that the tenants, lessees or farmers of the properties were necessarily personally resident therein.