Equipment Closing definition

Equipment Closing has the meaning set forth in Section 5.5(c).
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Equipment Closing means the closing of the sale and purchase of the Equipment hereunder.
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Examples of Equipment Closing in a sentence

  • No Default or Event of Default attributable to the Lessor will occur as a result of, or after giving effect to, the Advance requested by the Requisition on such Equipment Closing Date.

  • The execution and delivery of each Lease Supplement, Security Agreement, Supplement to Assignment of Lease and other Operative Agreement delivered by the Lessor on such Equipment Closing Date and the performance of the obligations of the Lessor under each such Lease Supplement, Security Agreement Supplement to the Assignment of Lease and other Operative Agreement have been duly authorized by all requisite action of the Lessor.

  • The execution and delivery of each Lease Supplement and other Operative Agreement delivered by the Lessee on such Equipment Closing Date and the performance of the obligations of the Lessee under each such Lease Supplement and other Operative Agreements have been duly authorized by all requisite corporate action of the Lessee.

  • No Default or Event of Default attributable to Lessee will occur as a result of, or after giving effect to, the Advance requested by the Requisition on such Equipment Closing Date.

  • All material consents, licenses and permits required by all Legal Requirements for operation of each piece of Equipment being acquired on such Equipment Closing Date have been obtained and are in full force and effect.

  • Each piece of Equipment being acquired by the Lessor on such Equipment Closing Date complies in all material respects with all Legal Requirements (including all zoning and land use laws and Environmental Laws).

  • The representations and warranties of the Lessor set forth herein and in each of the other Operative Agreements are true and correct in all material respects on and as of such Equipment Closing Date as if made on and as of such Equipment Closing Date (unless such representations and warranties specifically refer to another date).

  • Each Lease Supplement, Security Agreement, Supplement to the Assignment of Lease and other Operative Agreement delivered by the Lessor on such Equipment Closing Date have been duly executed and delivered by the Lessor.

  • The Lessee maintains insurance coverage for each piece of Equipment being acquired by the Lessor on such Equipment Closing Date which meets the requirements of Section 14.1 of the Lease and all of such coverage is in full force and effect.

  • Each Lease Supplement and other Operative Agreement delivered on such Equipment Closing Date by the Lessee have been duly executed and delivered by the Lessee.

Related to Equipment Closing

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Second Closing has the meaning set forth in Section 2.2.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Final Closing means the last closing under the Private Placement;

  • Second Closing Date means the date of the Second Closing.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.