Financing Lease Sample Clauses
Financing Lease. The Group IV Lessor may grant security interests in the Master Collateral to the Master Collateral Agent, and in this Group IV Financing Lease and the other Group IV Collateral to the Trustee, in accordance with the Master Collateral Agency Agreement and the Second Indenture, and each Group IV Noteholder may grant security interests in its Group IV Notes, the related Series Supplements and other Group IV Collateral to certain of its creditors and their respective designees without consent of any Group IV Lessee. Each Group IV Lessee acknowledges that the granting of Liens and the taking of other actions pursuant to the Second Indenture and the Group IV Related Documents does not interfere with the rights of the Group IV Lessees under the Group IV Financing Lease.
Financing Lease. Any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.
Financing Lease. A lease under which the discounted future rental payment obligations of the lessee or the obligor are required to be capitalized on the balance sheet of such Person in accordance with GAAP. Foreign Lender. A Lender that is not a U.S. Person.
Financing Lease. An election not to renew the Lease Term shall terminate all unaccrued obligations of the Town under this Financing Lease, and shall terminate the Town’s rights of possession under this Financing Lease at the end of the last day of the Fiscal Year for which this Financing Lease shall be in effect (except to the extent of the holdover provisions of Section 13.02(d)(i) hereof, and except for any conveyance pursuant to Article XI of this Financing Lease). The Town’s option to purchase Xxxxxx’s interest in the Leased Property as provided in Section 11.01 and 11.02 shall survive the termination of this Financing Lease for the period from such termination to and including December 1, 2029, after which date, if the Site Lease is still in effect, the Town shall have an additional option to purchase the interest of the Lender or its successors in the Leased Property and terminate the Site Lease for a purchase price consisting of an amount equal to the Lease Balance as of the date of termination of this Financing Lease plus an amount equal to the interest accruing on such Lease Balance from the date of such termination to the date of purchase at the Lease Rate. Except for an event described in subparagraph (b) above, upon termination of this Financing Lease, the Town agrees to peaceable surrender of possession of the Leased Property to the Lender or its assigns for the remaining term of the Site Lease.
Financing Lease. The Issuer and Lessee agree, notwithstanding any provision to the contrary in this Agreement: (i) this Agreement is intended to be, and shall be treated and construed as, a financing lease for federal and state income tax purposes and: (ii) Lessee will use the proceeds of the Bonds delivered to it by the Issuer to purchase the Land and construct and equip the Buildings, and for federal and state income tax purposes, shall be treated as owing the Land and Buildings during the entire term of this agreement and any and all depreciation, amortization and tax credits may be deducted or credited exclusively to Xxxxxx.
Financing Lease any lease of property, real or personal, the then present value of the minimum rental commitment of which should, in accordance with GAAP, be capitalized on a balance sheet of the lessee, and (b) any other such lease the obligations under which are capitalized on a consolidated balance sheet of Signal and its Subsidiaries. GAAP: generally accepted accounting principles in the United States of America in effect from time to time.
Financing Lease refers to the trading activities that the Lessor, according to the choice or approval of the Lessee regarding the leased items and supplier, leases the leased items it acquires from the supplier to the Lessee for the Lessee to possess and use according to the contract, and collects the rents from the Lessee.
Financing Lease. If the Court reaches a decision on a Consideration Determination Motion and the purchase is consummated, Purchaser may request that the Court order reduce the consideration to be paid by Purchaser by monthly rent or interest paid to the putative lessor of a Financing Lease by Purchaser as provided hereby.
Financing Lease. Obligations of such Person; (6) the principal component of all obligations, or liquidation preference, of such Person with respect to any Disqualified Stock or, with respect to any Restricted Subsidiary, any Preferred Stock (but excluding, in each case, any accrued dividends); (7) the principal component of all Indebtedness of other Persons secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person; provided, however, that the amount of such Indebtedness will be the lesser of (a) the fair market value of such asset at such date of determination (as determined in good faith by the Company) and (b) the amount of such Indebtedness of such other Persons; (8) Guarantees by such Person of the principal component of Indebtedness of the type referred to in clauses (1), (2), (3), (4), (5) and (9) hereof of other Persons to the extent Guaranteed by such Person; and (9) to the extent not otherwise included in this definition, net obligations of such Person under Hedging Obligations (the amount of any such obligations to be equal at any time to the net payments under such agreement or arrangement giving rise to such obligation that would be payable by such Person at the termination of such agreement or arrangement); with respect to clauses (1), (2), (3), (4), (5) and (9) above, if and to the extent that any of the foregoing Indebtedness (other than letters of credit and Hedging Obligations) would appear as a liability upon a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; provided that Indebtedness of any Parent Entity appearing upon the balance sheet of the Issuer solely by reason of push-down accounting under GAAP shall be excluded. The term “Indebtedness” shall not include any lease, concession or license of property (or Guarantee thereof) which would be considered an operating lease under GAAP as in effect on the Issue Date, any prepayments of deposits received from clients or customers in the ordinary course of business or consistent with past practice or consistent with industry practice, or obligations under any license, permit or other approval (or Guarantees given in respect of such obligations) Incurred prior to the Issue Date or in the ordinary course of business or consistent with past practice or consistent with industry practice. The amount of Indebtedness of any Person at any time in the case of a revolving credit or similar facility shall be the total amount...