Equipment Lender definition
Examples of Equipment Lender in a sentence
The Equipment Rent will be due and payable on each date in each month during the Term hereof that Lessor is required to pay any such debt service, payments, sums and other charges to the Equipment Lender under the Loan Documents, until such time as Lessor's obligations to the Equipment Lender under the Loan Documents have been fully satisfied.
Lessee will, upon the written request of Lessor, affix plates or other markings indicating the interest of Lessor and/or the Equipment Lender and/or the Landlord on the PET Scanner and/or on any item of Ancillary Equipment and/or in the Premises.
Upon request of Lessor, Lessee shall, at reasonable times during normal business hours, make the PET Scanner and/or any item of Ancillary Equipment available to Lessor (or to the Landlord and/or Equipment Lender) for inspection and shall make Lessee's repair and maintenance records with respect to the PET Scanner, Ancillary Equipment and the Premises available to such parties.
Manager agrees to execute and deliver subordination agreements evidencing such subordination in form reasonably acceptable to the Bank Lender, the Equipment Lender, or any other third-party lender or equipment lessor.
In the event that this Agreement is terminated before the end of the Term, the University shall make the Equipment available to Equipment Lender for return on the date written notice is provided by Equipment Lender.