Eligible Leases definition

Eligible Leases means those Leases that meet, as of any date of determination, all of the following requirements:
Eligible Leases means open-end and closed-end automobile fleet leases originated by or on behalf of the Borrower or any of its Subsidiaries, which are of a type customarily eligible for inclusion in a Qualified Securitization Transaction.
Eligible Leases means open-end and closed-end automobile fleet leases originated by or on behalf of Avis or any of its Subsidiaries which are of a type customarily eligible for inclusion in a Qualified Securitization Transaction.

Examples of Eligible Leases in a sentence

  • For Eligible Leases or Eligible Equipment Financing Agreements and for Eligible Loans: the Total Charge-Off Amount equals the outstanding principal balance at the time of charge-off.

  • For Eligible Leases or Eligible Equipment Financing Agreements and Eligible Loans: The original principal amount as disclosed to the Eligible Commercial Finance Customer through loan or lease documentation or the job addendum.

  • FlexShopper is permitted to borrow funds under the Credit Agreement based on FlexShopper’s cash on hand and the Amortized Order Value of its Eligible Leases (as such terms are defined in the Credit Agreement) less certain deductions described in the Credit Agreement.

  • These existing practices address the concerns raised on such issues in the consultation.

  • For Eligible Leases or Eligible Equipment Financing Agreements and for Eligible Loans, the Total Charge-Off Amount equals the outstanding principal balance at the time of charge-off.


More Definitions of Eligible Leases

Eligible Leases means a fully-executed Lease by a Borrower or Eligible Intermediary (as lessor) to an Eligible Carrier (as lessee) of an Eligible Asset, which Lease satisfies each of the following requirements:
Eligible Leases means, initially as of the Cutoff Date, and thereafter as of any date of determination (unless otherwise specified below), a Customer Lease:
Eligible Leases means open-end and closed-end automobile fleet leases originated by or on behalf of Xxxx, Xxxx Fleet or any of their respective Subsidiaries which are of a type customarily eligible for inclusion in a Qualified Securitization Transaction.
Eligible Leases. Leases of Equipment that generate Eligible Leased Assets.
Eligible Leases means the lease of an Eligible Commodity consisting of Precious Metals:
Eligible Leases means, as of any date of determination, a Customer Lease:
Eligible Leases means open-end and closed-end automobile fleet leases originated by or on behalf of Avis or any of its