Equipment Finance SPV Clause Samples
Equipment Finance SPV. (i) Cause each Equipment Finance SPV to comply with the Separateness Covenants (as defined in Schedule 5.02(k)).
(ii) At all times cause the Equity Interests in each Equipment Finance SPV to be owned by a Subsidiary Guarantor.
(iii) Cause the Equipment Finance SPV to be the sole owner of the asset it holds.
(iv) Cause the Equipment Finance SPV to own assets solely relating to the Non-Lender Financed Capital Lease or Non-Lender Financed Equipment Financing.
