Eligible Leased Assets definition

Eligible Leased Assets means any Real Property that satisfies the following criteria (collectively, the “Leased Asset Eligibility Criteria”):
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Eligible Leased Assets. Each Account and all such Accounts (exclusive of sales, excise or other similar taxes) owing to a Loan Party that arises solely from the leasing of Equipment by such Loan Party and that meets each of the following requirements:
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Examples of Eligible Leased Assets in a sentence

  • Not permit the product of (i) the net book value of the Eligible Leased Assets times (ii) ninety percent (90%) to exceed, at any time, the Equipment cost with respect to the Eligible Leases.

Related to Eligible Leased Assets

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Transferred Real Property has the meaning set forth in Section 2.02(a)(i).

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.