covenant to redeliver

covenant to redeliver
An implied obligation or covenant on the port of a lessee to redeliver possession of the demised premises on the expiration of the lease. 32 Am J1st L & T § 841.

Ballentine's law dictionary. . 1998.

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  • redelivery — A second delivery of a deed which was invalid on the first delivery, after the cause of invalidity has been removed. 23 Am J2d Deeds § 87. The return of a property seized in replevin to the defendant upon his giving a redelivery bond. 46 Am J1st… …   Ballentine's law dictionary

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

  • now — At the moment; presently; contemporaneously. Pike v Kennedy, 15 Or 420, 15 P 637. Where a lease is to commence in futuro and the covenant of the lessee is to redeliver the premises in the condition they now are, without specific reference to the… …   Ballentine's law dictionary

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