§ 3926.10 Conversion of an R, D and D lease to a commercial lease

Terms Used In CFR > Title 43 > Subtitle B > Chapter II > Subchapter C > Part 3920 > Subpart 3926 - Conversion of Preference Right for Research, Development, and Demonstration (R, D and D) Leases

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.