Bundled Solutions definition

Bundled Solutions means sales and/or leasing by the Borrowers, the Borrowers’ Restricted Subsidiaries and third parties in the ordinary course of business of equipment, software and services relating to such equipment provided by Borrowers, Restricted Subsidiaries and such third parties pursuant to which the proceeds from such invoice (including proceeds belonging to third parties) (a) are collected by the Borrowers, its Restricted Subsidiaries or such third parties and are not comingled with other collections of Borrowers, its Restricted Subsidiaries or such third parties, (b) are directed into a segregated deposit account or trust account or (c) are collected pursuant to an arrangement with a financial institution.
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Bundled Solutions means sales and/or leasing by the Borrower, its Restricted Subsidiaries and third parties in the ordinary course of business of equipment together with items invoiced on a subscription basis including (but not limited to) software and services relating to such equipment provided by Borrower, Restricted Subsidiaries and such third parties under a combined invoice pursuant to which the proceeds from such invoice (including proceeds belonging to third parties) (a) are collected by the Borrower, its Restricted Subsidiaries or such third parties and comingled with other collections of Borrower, its Restricted Subsidiaries or such third parties, (b) are directed into a segregated deposit account or trust account or (c) are collected pursuant to an arrangement with a financial institution.
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Bundled Solutions means sales and/or leasing by the Borrower, its Subsidiaries and thirdparties in the ordinary course of business of equipment together with items invoiced on a subscriptionbasis including (but not limited to) software and services relating to such equipment provided by theBorrower, its Subsidiaries and such third parties under a combined invoice pursuant to which theproceeds from such invoice (including proceeds belonging to third parties) (a) are collected by theBorrower, its Subsidiaries or such third parties and comingled with other collections of the Borrower, itsSubsidiaries or such third parties, (b) are directed into a segregated deposit account or trust account or (c)are collected pursuant to an arrangement with a financial institution or such third party.“Business Day” means, as applicable, (a) any day that is not a Saturday, Sunday or other day onwhich commercial banks in New York City are authorized or required by law to remain closed and (b) inrelation to RFR Loans and any interest rate settings, fundings, disbursements, settlements or payments ofany such RFR Loan, or any other dealings in Dollars of such RFR Loan, any such day that is only an RFRBusiness Day; provided that, when used in connection with a Eurocurrency Loan, the term “BusinessDay” shall also exclude any day on which banks are not open for dealings in dollar deposits in theinternational interbank xxxxxx.xx addition to the foregoing, a Business Day shall be (i) in relation to RFRLoans and any interest rate settings, fundings, disbursements, settlements or payments of any such RFRLoan, or any other dealings of such RFR Loan, and (ii) in relation to Loans referencing the AdjustedTerm SOFR Rate and any interest rate settings, fundings, disbursements, settlements or payments of anysuch Loans referencing the Adjusted Term SOFR Rate or any other dealings of such Loans referencingthe Adjusted Term SOFR Rate, any such day that is only a U.S. Government Securities Business Day.8
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Examples of Bundled Solutions in a sentence

  • Notwithstanding anything herein to the contrary, all leases of equipment (whether operating or Capitalized Lease Obligations) entered into by the Borrower and its Subsidiaries in connection with Bundled Solutions shall be disregarded with respect to any calculation involving leases to the extent such leases are assigned to a Bundled Solutions customer or are otherwise supported by back-to-back leases of such equipment to a Bundled Solutions customer, in each case in the ordinary course of business.

  • Collect amounts in respect of Bundled Solutions on behalf of any applicable leasing partners and/or third parties that is at any one time owing by the Borrowers and its Restricted Subsidiaries to such applicable leasing partners and/or third parties, except as permitted in Section 5.04(j), provided that no such collections are commingled with proceeds collected for application to the Obligations.

  • Notwithstanding anything herein to the contrary, all leases of equipment (whether operating or Capitalized Lease Obligations) entered into by the Borrowers and Borrowers’ Subsidiaries in connection with Bundled Solutions shall be disregarded with respect to any calculation involving leases to the extent such leases are assigned to a Bundled Solutions customer or are otherwise supported by back-to-back leases of such equipment to a Bundled Solutions customer, in each case in the ordinary course of business.

  • Collect amounts in respect of Bundled Solutions on behalf of any applicable leasing partners and/or third parties in excess of $50,000,000 (or such greater amount as may be permitted by the Administrative Agent, in its sole discretion) at any one time owing by the Borrower and its Restricted Subsidiaries to such applicable leasing partners and/or third parties.

  • Bundled Solutions Cash 154 ARTICLE VII EVENTS OF DEFAULT 154 Section 7.01.

  • Bundled Solutions with multiple hardware, software and service revenue streams achieved while providing flexible pricing while maintaining gross margins.

  • Notwithstanding anything herein to the contrary, all leases of equipment (whether operating or Capital Lease Obligations) entered into by the Borrower and its Subsidiaries in connection with Bundled Solutions shall be disregarded with respect to any calculation involving leases to the extent such leases are assigned to a Bundled Solutions customer or are otherwise supported by back-to-back leases of such equipment to a Bundled Solutions customer, in each case in the ordinary course of business.


More Definitions of Bundled Solutions

Bundled Solutions means sales and/or leasing by the Borrower, its Subsidiaries and third parties in the ordinary course of business of equipment together with items invoiced on a subscription basis including (but not limited to) software and services relating to such equipment provided by the Borrower, its Subsidiaries and such third parties under a combined invoice pursuant to which the proceeds from such invoice (including proceeds belonging to third parties) (a) are collected by the Borrower, its Subsidiaries or such third parties and comingled with other collections of the Borrower, its Subsidiaries or such third parties, (b) are directed into a segregated deposit account or trust account or (c) are collected pursuant to an arrangement with a financial institution or such third party.
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Related to Bundled Solutions

  • Software Products and “Software” are interchangeable and mean software, computer source codes and other computer programs.

  • Bundle means to collect contributions from more than one source which are then delivered by one person to the Mayor or to his political fundraising committee.

  • Software Product means any COTS which you propose to provide pursuant to the contract.

  • Software Application means a digital product or service as defined in Article 2, point 13, of Regulation (EU) …/… [on contestable and fair markets in the digital sector (Digital Markets Act)];

  • Company Products means all products or services produced, marketed, licensed, sold, distributed or performed by or on behalf of the Company or any Subsidiary and all products or services currently under development by the Company or any Subsidiary.

  • Hosted Services means the hosting, management and operation of the computing hardware, ancillary equipment, Software, firmware, data, other services (including support services), and related resources for remote electronic access and use by the State and its Authorized Users, including any services and facilities related to disaster recovery obligations.

  • Licensed Services means all functions performed by the Licensed System.

  • Advertising Services means the advertising services selected on the front pages of this Agreement.

  • Company Product means any product or service designed, developed, manufactured, marketed, distributed, provided, licensed, or sold at any time by the Company.

  • Products and Services means the products and/or services to be sold by Vendor hereunder as identified and described on Attachment A hereto and incorporated herein, as may be updated from time to time by Vendor to reflect products and/or services offered by Vendor generally to its customers.

  • Application Programming Interface or “API” means the application programming interface materials and related documentation containing all data and information to allow skilled Software developers to create Software interfaces that interface or interact with other specified Software.

  • New Products means any product which is not an Enhanced Product or Existing Product but which is substantially similar to an of this Agreement, "New Product" or "New Products" shall mean any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Open-Source Components means any software component that is subject to any open-source copyright license agreement, including any GNU General Public License or GNU Library or Lesser Public License, or other obligation, restriction or license agreement that substantially conforms to the Open Source Definition as prescribed by the Open Source Initiative or otherwise may require disclosure or licensing to any third party of any source code with which such software component is used or compiled.

  • Customer Content means all software, data (including personal data), information, text, images, audio, video, photographs, non-AVEVA or third-party applications, and other content and material, in any format, provided by Customer, any of Customer’s users, or on behalf of Customer that is stored in, or run on or through, the Products and Support Services.

  • Broadband Services means Verizon's Fios or DSL-based Internet services (whichever applies). Verizon's DSL-based Internet service is also known as "High Speed Internet" ("HSI").

  • Licensed Materials means any materials that Executive utilizes for the benefit of the Company (or any Subsidiary thereof), or delivers to the Company or the Company’s Customers, which (a) do not constitute Work Product, (b) are created by Executive or of which Executive is otherwise in lawful possession and (c) Executive may lawfully utilize for the benefit of, or distribute to, the Company or the Company’s Customers.

  • Cloud Services means SAP’s then-current cloud services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Authorized Services shall have the meaning as defined in the Master Agreement.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Products means information resources technologies that are, or are related to, EIR.

  • Licensed Business means the activities connected with the conveyance of