FF&E Financing Agreement definition

FF&E Financing Agreement means any financing agreement entered into by Trustor (i) the proceeds of which are used by Trustor for the acquisition or lease of FF&E, (ii) pursuant to which Trustor grants to the lender or lessor thereunder a security interest in the FF&E so acquired or leased and (iii) which is permitted by the Credit Agreement and the Guaranty.
FF&E Financing Agreement. GAAP"; "Gaming Authorities"; "Gaming Law"; "Gaming Licenses"; "Holder"; "Indebtedness"; "Lien"; "Net Asset Sale Proceeds"; "Net Loss Proceeds"; "Officers' Certificate"; "Permitted Indebtedness"; "Permitted Liens"; and "Security Agreement".
FF&E Financing Agreement means an agreement which creates a Lien upon any after-acquired tangible personal property and/or other items constituting operating assets which are financed, purchased or leased for the purpose of engaging in or developing a Related Business.

Examples of FF&E Financing Agreement in a sentence

  • If any such F,F&E Financing Agreement permits subordinate Liens then Mortgagee shall execute and deliver to Mortgagor, at Mortgagor's expense, such documents as the holder of such F,F&E Financing Agreement may reasonably request to evidence the subordination of the Lien of this Mortgage and the Mortgage Documents to the Lien of such F,F&E Financing Agreement.

  • All provisions of this Agreement, including but not limited to, all matters relating to the creation, validity, perfection, priority, subordination and release of the Liens and security interests intended to be created by any FF&E Security Document and all provisions regarding the allocation and priority of payments with respect to any FF&E Financing Agreement shall survive any Insolvency or Liquidation Proceeding and be fully enforceable by and against each FF&E Secured Party during any such proceeding.

  • Trustor covenants and agrees to comply with all of the terms and conditions set forth in any FF&E Financing Agreement with respect to which Beneficiary has taken a lien hereunder.

  • If Trustor shall fail to make any payment required to be made by it under any FF&E Financing Agreement, except where Trustor is contesting such payment in good faith, then the Beneficiary shall be entitled to make such payment on Trustor's behalf and any and all sums so expended by the Beneficiary shall be secured by this Leasehold Deed of Trust and shall be repaid by Trustor upon demand, together with interest thereon at the Default Rate from the date of advance.

  • Reconvene in Open Session: – The Commission reconvened at 6:53 p.m. 2017 Water Quality Report: – Director Taylor presented the 2017 Draft Neenah Water Quality Report (WQR).


More Definitions of FF&E Financing Agreement

FF&E Financing Agreement means (A) any financing (i) as to which the lender holds a security interest in only the assets purchased, fabricated or leased by such financing for the payment of principal, interest and other amounts in connection therewith, (ii) which is permitted by the Indenture to be incurred and (iii) the proceeds of which are used to acquire, construct or lease the Equipment subject to such security interest, and (B) any refinancing or renewal of any financing under clause (A).
FF&E Financing Agreement means (A) any financing (i) as to which the lender holds a security interest in only the assets purchased, constructed or leased by such financing for the payment of principal, interest and other amounts in connection therewith, (ii) which is permitted by the Indenture to be incurred and (iii) the proceeds of which are used to acquire, construct or lease the FF&E subject to such security interest, and (B) any refinancing or renewal of any financing under clause (A).
FF&E Financing Agreement has the meaning set forth in Section 1.1 of the Trust Indenture.
FF&E Financing Agreement has the meaning set forth in Section 1.1 of the Senior Note Indenture.
FF&E Financing Agreement has the meaning set forth in Section 9 of the Credit Agreement.
FF&E Financing Agreement means an agreement which creates a Lien upon any after-acquired Tangible Personal Property (as defined in the Senior Partnership Upstream Note Mortgage) and/or other items constituting Operating Assets (as defined in the Senior Partnership Upstream Note Mortgage), which are financed, purchased or leased by the Partnership.
FF&E Financing Agreement shall have the meaning ascribed to that term in Section 1.9(d) hereof.