Equipment Leases definition

Equipment Leases has the meaning set forth in Section 2.1.9.

Equipment Leases shall have the meaning set forth in Section 2.2(c).

Equipment Leases has the meaning specified in Section 1.2(c)(ii).

Examples of Equipment Leases in a sentence

• Any and all property, real, personal or otherwise, tangible or intangible, including Mortgage Loans and Secured Equipment Leases, which is transferred or conveyed to the Company (including all rents, income, profits and gains therefrom), and which is owned or held by, or for the account of, the Company.

• The fee payable to the Advisor by the Company out of the proceeds of the Line of Credit or Permanent Financing for negotiating Secured Equipment Leases and supervising the Secured Equipment Lease program equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loan.

• Net Sales Proceeds shall not include, as determined by the Company in its sole discretion, any amounts reinvested in one or more Properties, Mortgage Loans, or Secured Equipment Leases, to repay outstanding indebtedness, or to establish reserves.

• The Company shall pay to the Advisor out of the Proceeds of the Line of Credit or Permanent Financing as compensation for negotiating its respective Secured Equipment Leases and supervising the Secured Equipment Lease program a fee equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease upon entering into such lease or loan.

• To the best of Seller's knowledge, except as may be shown in said exhibit, all of the Equipment Leases are in full force and effect and free from default and there is no existing event which, with the passage of time or giving of notice, or both, could become a default under the Equipment Leases, and there are no disputes, claims or rights of set-off under the Equipment Leases.

More Definitions of Equipment Leases

Equipment Leases means, collectively, all equipment leases set forth on Exhibit 1.1(d), to the extent exclusively related to equipment or other Personal Property located at the Branches.

Equipment Leases shall have the meaning assigned thereto in SECTION 2.1(b)(vi).

Equipment Leases means leases of, and agreements to hire, equipment (including motor vehicles) to the Company including, without limitation, those listed in Section 3.14(c) of the Disclosure Schedule.

Equipment Leases means leases relating solely to Equipment.

Equipment Leases has the meaning set forth in Section 5.7.

Equipment Leases means each such equipment lease for the Premises requiring annual payment greater than Five Hundred Thousand and No/100 Dollars ($500,000.00).

Equipment Leases means all leases of equipment, vehicles, furniture or other personal property leased by, or on behalf of, Seller and located at, or used in the operation of the Real Property, together with any and all amendments thereto, which are identified on SCHEDULE 1.