Examples of Equipment Lease Documents in a sentence
As of the date hereof, (a) Administrative Borrower has delivered to Agent true, correct and complete copies of all material Specified Equipment Lease Documents and (b) the aggregate unpaid amount of all obligations owing by Parent under the Specified Equipment Lease Documents equals $1,672,028.
Subject to the terms and conditions of this Agreement and the other Loan Documents (including the terms of the Equipment Lease Documents), the Bank, directly or indirectly through one of its Affiliates, agrees to make available such Capital Lease Loans as the Borrower may from time to time request, and the Bank shall approve, until November 13, 2008; provided, however, that the aggregate principal balance of all Capital Lease Loans shall not exceed the Capital Lease Loan Commitment.
As of the date hereof, (a) Administrative Borrower has delivered to the Lenders true, correct and complete copies of all material Specified Equipment Lease Documents and (b) the aggregate unpaid amount of all obligations owing by Parent under the Specified Equipment Lease Documents equals $1,672,028.
Upon the expiration of the initial Maturity Date, the Maturity Date shall be extended for an Extension Term up to a maximum of three such 6-month Extension Terms, unless an Event of Default or default hereunder or an Event of Default or default under any of the other Loan Documents shall have occurred and be continuing or the principal balance of the Equipment Leases has been accelerated by BOLC in its permitted discretion as described in the Equipment Lease Documents.
This waiver applies only to the specific Stated Events of Default, is a one-time waiver, and shall not be deemed to constitute a continuing waiver of the provisions of the Loan Documents and/or the Equipment Lease Documents or a waiver of the provisions of the Loan Documents and/or the Equipment Lease Documents with respect to any other defaults or Events of Default for any other period.
The Obligors acknowledge and agree that the Additional Fee shall be in addition to any other fees for which the Obligors are liable under the Loan Documents and the Equipment Lease Documents.
TenFold agrees to pay all late fees and charges as described and in accordance with the terms of the Equipment Lease Documents.
Consistent with Sections 2, 4, and 6 of the Lease Schedules, each of the parties hereto acknowledges and agrees that the transactions governed and evidenced by the Equipment Lease Documents are a series of secured extensions of purchase money indebtedness to TenFold from BOLC.
In consideration hereof, BOLC and Bank One waive all current Events of Default under the Equipment Lease Documents and other Loan Documents.
Consistent with Sections 2 and 7 of the Lease Schedules, title to the equipment and other collateral pledged by TenFold as security for its various obligations under the Equipment Lease Documents is and has been held in the name of TenFold and not BOLC or BONA.