Equipment Lien definition

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Lessee’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide purchase-money financing or a bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.
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Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Tenant’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide purchase-money financing or a bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.
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Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Tenant’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide purchase-money financing or a 2 CPI provisions may drop out if the FMV valuation determinations include escalations over the term of the Lease, as it may be extended. bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.
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Examples of Equipment Lien in a sentence

  • Tenant shall not enter into any Equipment Lien that causes any Prohibited Lien.

  • Any such Equipment Lien shall be subordinate to this Restated Lease.

  • If Tenant enters into any Equipment Lien, such Equipment Lien shall not create a lien against the Fee Estate.

  • However, to date QEC has not undertaken or implemented a service quality monitoring and reporting program as contemplated by the URRC.

  • Equipment Lien Holder Information:The operator shall provide the name (names) and contact information for any lien holder and the amount of any liens held on the equipment.

  • FINAL STAGE 5 – SUBMIT ATTORNEYEQUIPMENT LIEN ATTESTATION FORM:The Funding Recipient’s attorney must prepare and submit theAttorney Equipment Lien Attestation form.

  • Upon the execution of this Lease, and as a condition precedent to the obligation of Lessee to pay Rent under the terms hereof and under the Real Property Lease, Lessor shall furnish to Lessee an agreement of non-disturbance in form and substance acceptable in all respects to Lessee and Lessor, executed by the holders of each Equipment Lien.

  • The three bullet points (midway down Page 2) describing how the data should be published, asks for the information to be shown by AQ Bands and EUC Bands.

  • A waiver of any term of this Note, the Equipment Lien Agreement or of any of the obligations secured thereby must be made in writing and signed by Xxxxxx and any such waiver shall be limited to its express terms.

  • THIS FIRST AMENDMENT TO EQUIPMENT LIEN AGREEMENT (this “Agreement”), dated as of December , 2003, is made between InSite Vision Incorporated, a Delaware corporation (the “Company”), and the holders (together with their respective successors and assigns, the “Holders”) set forth on the signature page hereto, who constitute all the other parties to that certain Equipment Lien Agreement dated as of May 28, 2003, by and among the Company and the Holders (the “Equipment Lien Agreement”).


More Definitions of Equipment Lien

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Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide financing or a bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.
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Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Lessee’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale
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Equipment Lien means a Lien granted by Borrower, as borrower, to a Person that is not an Affiliate of Borrower, as lender, (i) that solely encumbers Equipment located at, and used in connection with, the Mall Improvements and (ii) that solely secures repayment of a loan made to the Borrower, the proceeds of which were used solely to purchase such Equipment and the terms, provisions and conditions of which are "fair market" (such loan, an "Equipment Financing"); provided that no such Lien shall encumber any such Equipment unless the Collateral Agent shall hold, pursuant to the Deed of Trust, a perfected second priority Lien (i.e. second only to such Equipment Lien) for the benefit of the Lenders, securing the payment of the Indebtedness and the Borrower's other obligations under the Loan Documents.
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Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or similar arrangement (including any related financing statement) for Tenant's, or any Subtenant's, acquisition or leasing of any Financed Tenant/Subtenant FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed Tenant/Subtenant FF&E for which such secured party provides bona fide purchase-money financing or a bona fide equipment lease after the Commencement Date.
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Related to Equipment Lien

  • Equipment Line means a Credit Extension of up to Five Million Dollars ($5,000,000).

  • Committed Equipment Line is a Credit Extension of up to Five Million Dollars ($5,000,000).

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Hedge Collateral Defined in Section 5.3(b).

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Related Equipment Note means, as of any date, an “Equipment Note” as defined in each Related Indenture, but only if as of such date it is held by the “Subordination Agent” under the “Intercreditor Agreement”, as such terms are defined in such Related Indenture.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Prepetition Collateral means the collateral securing the Prepetition BP Secured Claim, including, without limitation, the Posted Collateral.

  • Refinancing Equipment Notes and “Refinancing Trust” shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Settlement Lien means any Lien relating to any Settlement or Settlement Indebtedness (and may include, for the avoidance of doubt, the grant of a Lien in or other assignment of a Settlement Asset in consideration of a Settlement Payment, Liens securing intraday and overnight overdraft and automated clearing house exposure, and similar Liens).

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.

  • Purchase-money collateral means goods or software that secures a purchase-money obligation incurred with respect to that collateral; and

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.