Examples of Fixed Rate Lease in a sentence
If the Issuer obtains an interest rate cap in respect of any Fixed Rate Lease satisfying the requirements of this Section 5A.11(c), it shall maintain such interest rate cap.
On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to JPMorgan Chase an amount, to be determined by JPMorgan Chase on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the date that is two Business Days prior to such first day.
In the following table we will provide the Geared to Future Retrofit Cost Reserve balance compared to charging the tenant a Fixed Rate Lease for 40 years of which $34,650 per year would be invested in the retrofit account reserve.
On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to JPMorgan Chase an amount, to be determined by JPMorgan Chase on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the two Business Days prior to such first day.
The Agent will then promptly send a copy of such revised repayment schedule to the Borrower and to each of the other Finance Parties and upon their receipt of the same, the then existing Repayment Schedule shall be treated as being null and void and the revised repayment schedule shall (in the absence of manifest error) take effect as the Repayment Schedule from the date that the “Basic Rent” (howsoever defined under such Converted Fixed Rate Lease) has been fixed thereunder.
On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to Chase an amount, to be determined by Chase on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the two Business Days prior to such first day.
If the Issuer obtains an interest rate cap in respect of any Fixed Rate Lease satisfying the requirements of this Section 5A.11(c), it shall maintain ---------------- such interest rate cap.
Rockford Lease Backed Trust 1997-1 Fixed Rate Lease Receivables-Backed Senior Certificates (Class A) Evidencing an undivided interest in a trust, the corpus of which consists of a portfolio of Lease Contracts and interests in Equipment and certain related property, as more fully described in the Pooling and Servicing Agreement referred to herein.
On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to the Rate Cap Provider an amount, to be determined by the Rate Cap Provider on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the date that is two Business Days prior to such first day.
On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to Bank of America an amount, to be determined by Bank of America on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the date that is two Business Days prior to such first day.