Fleet Leases definition

Fleet Leases means each of the equipment leases entered into by Transaction Parties in the ordinary course of business consistent with past practices with respect to leased trucks, trailers, cars, forklifts, and other rolling stock to the extent that such leases are operating leases and not capital leases.
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Fleet Leases has the meaning specified in Section 6.3 hereof.
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Fleet Leases means (i) the Master Lease No. 644 dated as of January 1, 1998 between Caprius and Fleet, and (ii) the Master Loan Agreement No. 661 dated as of February 1, 1998 between ANMR Imaging Corp. and Fleet, and all agreements related thereto.
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Examples of Fleet Leases in a sentence

  • Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; and (viii) SME Loans.

  • Auto Fleet Leases: a lease for the use of a Vehicle (of which at least 80% should be underlying passenger or light commercial vehicles) which includes services surrounding the vehicle such as repair and maintenance.

  • Domestic Market Guidelines: those domestic securitisation market guidelines which aim to promote best market practice, as selected and published by the PCS Secretariat.Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; (viii) Corporate Loans and (ix) SME Loans.

  • Inventory searches involve administrative procedures conducted by law enforcement officials and are intended to (1) protect an individual’s property while it is in police custody, (2) protect police against claims of lost, stolen or vandalized property, and (3) protect police from dangerous instrumentalities.

  • The assets will be depreciated over the term of the Fleet Leases, and the rental payments will be allocated to principal and interest payments on the lease financing obligations.

  • The change in lease accounting treatment does not impact the economic terms or substance of the Fleet Leases, but will require that for substantially all of the Company’s leased assets, at lease inception, the present value of the minimum lease payments will be recognized on the Company’s balance sheet as property, plant and equipment, and lease financing obligations.

  • The New Deposit shall be treated under the Go Forward Fleet Leases as per the terms of the Head Lease Agreements.

  • Table 13: Vehicle Fleet Leases Case Studies: UK Royal Mail with LeasePlan UK Poste Italiane with LeasePlan Italia S.p.A TNT Post B.V. with ING Car Lease B.V. 78 Project Description▪ To increase profitability, focus on core business and reduce fixed assets, fixed cost, overhead and resources involved in other areas.▪ 3-Year Full Operational Leases: to provide a range of specialist services including procurement, administration, maintenance, repairs and disposal.

  • SoCalGas Response 5: SoCalGas only grouped 23 units in Exhibit SCG-18-WP-R under 2RF003.001 - Existing Fleet Leases & Fees because those units had started a lease by 2021.

  • Fleet desires to sell and EOG desires to purchase all of Fleet’s right, title and interest in all of the Fleet Leases described in said Exhibit “C” in accordance with the terms and conditions of this Agreement.

Related to Fleet Leases

  • Finance Leases means any finance leases, to the extent the arrangement is or would have been treated as a finance or a capital lease in accordance with the Accounting Principles applicable on the First Issue Date (a lease which in the accounts of the Group is treated as an asset and a corresponding liability), and for the avoidance of doubt, any leases treated as operating leases under the Accounting Principles as applicable on the First Issue Date shall not, regardless of any subsequent changes or amendments of the Accounting Principles, be considered as a finance lease.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • New Leases means those leases, license agreements and occupancy agreements encumbering any Real Property which are entered into after the Effective Date in accordance with the terms of this Agreement, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Subject Leases means, for any Asset Review, all 2019-B Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Material Leases has the meaning set forth in Section 4.21.

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Facility Leases means all of the leases of Facilities listed on Schedule 4.6(a).

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Subleases means the Sublease(s) of even date herewith by and between the District and Contractor together with any duly authorized and executed amendment hereto under which the District subleases the Site from the Contractor.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.