Common use of Equipment Financing Clause in Contracts

Equipment Financing. The aggregate amount of principal, interest and lease payments due from Lessee and/or Sublessee with respect to any equipment leases or financing secured by equipment utilized in the operation of the Facilities shall not at any time during the Term exceed $609,000.00 in any one Lease Year.

Appears in 4 contracts

Samples: Master Lease (Omega Healthcare Investors Inc), Master Lease (Omega Healthcare Investors Inc), Master Lease (Omega Healthcare Investors Inc)

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Equipment Financing. The aggregate amount of principal, interest and lease payments due from Lessee and/or Sublessee with respect to any equipment leases or financing secured by equipment utilized in the operation of the Facilities shall not at any time during the Term exceed $609,000.00 750,000.00 in any one Lease Year.

Appears in 2 contracts

Samples: Master Lease (Advocat Inc), Consolidated Amended and Restated Master Lease (Omega Healthcare Investors Inc)

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Equipment Financing. The aggregate amount of principal, interest and lease payments due from Lessee and/or Sublessee with respect to any equipment leases or financing secured by equipment utilized in the operation of the Facilities shall not at any time during the Term exceed $609,000.00 750,000.00 in any one Lease Year.. * * * ** 8.6

Appears in 1 contract

Samples: Master Lease

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