Eligible M&E definition

Eligible M&E means, with respect to the Loan Parties, Equipment owned by a Loan Party; provided that no Equipment shall be Eligible M&E if:

Eligible M&E means first quality Equipment, used in the ordinary course of Borrowers’ business, owned by Borrowers as of the Closing Date and at all times thereafter, and that complies in all material respects with each of the representations and warranties respecting Eligible M&E made in the Loan Documents, and that is not excluded as ineligible by virtue of one or more of the excluding criteria set forth below. An item of Equipment shall not be included in Eligible M&E if:

Eligible M&E means M&E owned by a Borrower and located in the United States, which satisfies each of the following requirements:

Examples of Eligible M&E in a sentence

Eligible ME businesses and persons, once qualified, are eligible for these three services for up to three years, per 24 CFR 570.483(b)(2)(iv).
Such a situation may lead to non-development of infrastructure, further deferring the Capital Expenditure and may ultimately result in opportunity cost for unutilized capital and also result in loss of revenue expected from those particular Charging Infrastructure facility.
For the avoidance of doubt, at all times prior to the joinder of a Subsidiary as contemplated above, no Subsidiary shall be a Loan Party and the Eligible Accounts, Eligible Inventory, Eligible M&E and Eligible Real Property of such Subsidiary shall not be included in the Borrowing Base.
The Borrowers shall reimburse Agent for all reasonable charges, costs and expenses related to the initial appraisals of the M&E included in the PP&E Component and to any appraisal of M&E of the kind described in the definition of “PP&E Component” in connection with a Borrower-requested reset of the NOLV of Eligible M&E.
Notwithstanding the foregoing, no Restricted Payment, Restricted Purchase or Investment shall include the transfer of any Intellectual Property, Eligible M&E or Eligible Change Order Claim to any Person (other than a Borrower).

Eligible M&E means M&E of a Borrower, that complies with each of the representations and warranties respecting Eligible M&E made in the Loan Documents, and that is not excluded as ineligible by virtue of one or more of the excluding criteria set forth below; provided, that such criteria may be revised from time to time by Agent in Agent’s Permitted Discretion to address the results of any due diligence information with respect to the Borrowers’ business or assets of which Agent becomes aware after the Closing Date, including any field examination or appraisal performed or received by Agent from time to time after the Closing Date. An item of M&E shall not be included in Eligible M&E if:

Eligible M&E means M&E of a Domestic Loan Party, that complies with each of the representations and warranties in respect of Eligible M&E made in the Loan Documents, and that is not excluded as ineligible by virtue of one or more of the excluding criteria set forth below; provided, that such criteria may be revised from time to time by the Administrative Agent in the Administrative Agent's Permitted Discretion to address the results of any due diligence information with respect to the Domestic Loan Parties' business or assets of which the Administrative Agent becomes aware after the Closing Date, including any appraisal performed or received by the Administrative Agent from time to time after the Closing Date. An item of M&E shall not be included in Eligible M&E if:

Eligible M&E means M&E of a Borrower as of the Closing Date, that complies with each of the representations and warranties respecting Eligible M&E made in the Loan Documents, and that is not excluded as ineligible by virtue of one or more of the excluding criteria set forth below; provided, that such criteria may be revised from time to time by Agent in Agent’s Permitted Discretion to address the results of any due diligence information with respect to the Borrowers’ business or assets of which Agent becomes aware after the Closing Date, including any field examination or appraisal performed or received by Agent from time to time after the Closing Date. An item of M&E shall not be included in Eligible M&E if:

Eligible M&E means, at any time, all M&E of the Loan Parties; provided, that Eligible M&E shall not include any M&E (without duplication of any Reserves established):

Eligible M&E means, as of the date of determination thereof, the Equipment owned by a Loan Party (other than Parent) that satisfies each of the following criteria set forth below:

Eligible M&E has the meaning ascribed to it in Schedule 1 to Exhibit 4.9(d).

Eligible M&E means M&E of a Borrower that is included in the Closing Appraisal (or, with respect to Eligible M&E acquired by a Borrower after the Effective Date, an Acceptable Appraisal of such M&E has been completed) that complies with each of the representations and warranties respecting Eligible M&E made in the Loan Documents, and that is not excluded as ineligible by virtue of one or more of the excluding criteria set forth below; provided that such criteria may be revised from time to time by the Administrative Agent in the Administrative Agent’s Permitted Discretion with at least three (3) Business Days’ prior notice to the Borrower Representative so long as any such revisions address the results of any due diligence information with respect to the Loan Parties’ business or assets of which the Administrative Agent becomes aware after the Effective Date, including any field examination or appraisal performed or received by the Administrative Agent from time to time after the Effective Date and any such revisions shall not duplicate any Reserve. An item of M&E shall not be included in Eligible M&E if: