Common use of Direct Finance Lease Clause in Contracts

Direct Finance Lease. A lease classified as a direct finance or direct financing lease in accordance with GAAP.

Appears in 3 contracts

Samples: Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)

AutoNDA by SimpleDocs

Direct Finance Lease. A lease Lease classified as a direct finance or direct financing lease in accordance with GAAPGAAP pursuant to which the Borrower, as lessor, leases one or more Containers to a lessee.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!