Fixed Asset Lease definition
Examples of Fixed Asset Lease in a sentence
Each Grantor that is a party to the Fixed Asset Lease hereby (i) consents to the granting hereunder and under the other Security Documents of security interests in all the right, title and interest thereunder of each other Grantor that is a party to the Fixed Asset Lease and (ii) covenants to deliver, promptly upon the request of the Collateral Agent, an estoppel certificate in accordance with the provisions of Section 14.4 of the Fixed Asset Lease and any other document required thereunder.
The leases of assets provided for under the Kellstrom Fixed Asset Lease (including, without limitation, ▇▇▇ ▇▇▇▇hase of the subject assets on the terms provided therein) are hereinafter referred to as the "Distribution Asset Lease".
As OCS acquires new Fixed Assets for the Center, the Fixed Asset Lease will automatically be amended to include said Fixed Assets.