Common use of Leases and Leased Property Clause in Contracts

Leases and Leased Property. Each Lease reported to Agent and Lenders as an Eligible Lease and the Leased Property associated therewith shall, at all times when such Leases are included in the Borrowing Base calculation, be in compliance with all of the following representations:

Appears in 4 contracts

Samples: Loan and Security Agreement (Fidelity Leasing Inc), Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Granite Financial Inc)

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Leases and Leased Property. Each Lease reported to Agent and Lenders Lender as an Eligible Lease and the Leased Property associated therewith shall, at all times when such Leases are included in the Borrowing Base calculation, calculation be in compliance with all of the following representations:

Appears in 1 contract

Samples: Master Loan and Security Agreement (T&w Financial Corp)

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