Equipment Lease definition

Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.
Equipment Lease means any equipment lease pursuant to which a Franchisee leases from a Securitization Entity equipment used to operate a Branded Restaurant, together with any residual interest in the related equipment and any security interest in such equipment.
Equipment Lease means any lease agreement under which the Company finances the use or acquisition of machinery or equipment, as disclosed on the Financial Statements.

Examples of Equipment Lease in a sentence

  • No Seller Party is in breach of or default under (and no event has occurred that, with due notice or lapse of time or both, may constitute such a breach of or default under) Equipment Lease, and, to the Knowledge of Seller, no other party is in breach of or default under any such Equipment Lease.


More Definitions of Equipment Lease

Equipment Lease means any agreement pursuant to which a Debtor rents
Equipment Lease means any lease or rental agreement relating to the equipment, services, vehicles, furniture or any other type of personal property of Management or Lessee together with all supplements, amendments and modifications thereto.
Equipment Lease means a personal property lease covering any item(s) of FF&E, including (without limitation) the Contracts identified as Equipment Leases in the Schedule of Contracts attached hereto as Exhibit A.
Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement. Equity Consideration is defined in Section 2.1(a)(2).
Equipment Lease means the Equipment Lease, dated as of December 14, 2011, between Lessor and Lessee.
Equipment Lease is defined in Paragraph 9.
Equipment Lease means each of (i) Equipment Schedule No. 1, dated September 8, 2016, between the Equipment Lessor and the Issuer and (ii) Equipment Schedule No. 2, dated December 16, 2016, between the Equipment Lessor and the Issuer, in each case incorporating the terms of that certain Master Sub-sublease Agreement, dated as of September 8, 2016, as the same has been amended, supplemented, assigned or otherwise modified prior to August 23, 2017 and as in effect on such date and as may be further amended, supplemented, assigned or otherwise modified from time to time hereafter to the extent not prohibited by the Intercreditor Agreement.