Intercompany Lease definition

Intercompany Lease means a lease with respect to any Aircraft by and between the Borrower as lessor, and BHL or any other Permitted Third Party User as lessee, or between BHL or any other Permitted Third Party User, as sublessor, and any other Permitted Third Party User, as sublessee; provided, that with regard to such lease, such lease shall be in the form agreed by the Agent prior to the Utilisation Date or such other form acceptable to the Agent and provided further that a copy of such lease shall be provided to each Lender and the Security Agent.

Intercompany Lease means an intercompany lease of the Collateral solely among two or more Borrowers as set forth in Schedule 7.05 and which is subject to an Intercompany Lease Subordination Agreement.

Intercompany Lease means a lease with respect to any Aircraft by and between the Borrower, as lessor, and BHL or any other Permitted Third Party User, as lessee, or between BHL or any other Permitted Third Party User, as sublessor, and any other Permitted Third Party User, as sublessee; provided, that in regards to such lease, such lease shall be in the form agreed by the Administrative Agent prior to the Funding Date or such other form acceptable to the Administrative Agent and provided further that a copy of such lease shall be provided to each Lender and the Security Trustee.

Examples of Intercompany Lease in a sentence

• The Companies covenant and agree that they shall cause any Subsidiaries which become party to any Intercompany Indebtedness or Intercompany Lease after the date of this Agreement, to the extent then not a party hereto, to execute a Joinder in a form satisfactory to the Administrative Agent in its sole discretion, whereby such Subsidiary joins this Agreement and subordinates all Indebtedness owed to any Company or any of its Subsidiaries.

• The portions of the BDSI Leased Space subject to the Intercompany Lease may, depending on the occupancy requirements of BND, fluctuate from time to time during the term of the Intercompany Lease.

• Upon any repossession, foreclosure or other execution by the Administrative Agent of property subject to any Intercompany Lease, such Intercompany Lease shall immediately terminate and become null and void and any claims between the Companies shall constitute Intercompany Indebtedness subordinated to the Obligations hereunder.

• The execution and delivery of this Agreement, the Trademark Agreement, the Intercompany Lease and the Services Agreement by the Seller and the performance by the Seller of its obligations under such agreements are within Seller's corporate powers and have been duly and validly authorized by all necessary corporate action on the part of the Seller.

• Agent shall have received evidence in form and substance satisfactory to Agent that the Intercompany Lease shall have been amended and restated in the form of Exhibit B attached hereto.

More Definitions of Intercompany Lease

Intercompany Lease means, individually or collectively as the context indicates, the Intermediate Leases and/or the Head Leases.

Intercompany Lease means, for any Aircraft, any lease therefor in the Agreed Form between the applicable Genesis Entities.

Intercompany Lease means, with respect to an Intercompany Lease and Receivables Sale Agreement, each separate intercompany head lease under such Intercompany Lease and Receivables Sale Agreement for each Contributed IP Address leased to the applicable Cogent Sub-Lessor thereunder and sub-leased by such Cogent Sub-Lessor under the related Customer IP Address Lease.

Intercompany Lease means a lease agreement pursuant to which the Rigco shall lease the Rig to the Parent at a rate equal to the Intercompany Lease Rate. Implementation Costs" means any professional fees and expenses related to the Amendment and Restatement Agreements.

Intercompany Lease that certain lease agreement, dated as of July 15, 1997, pursuant to which Borrower leases the Distribution Center and the Equipment Collateral to Guarantor Two, as amended or modified from time to time.

Intercompany Lease shall have the meaning ascribed to it in Section 5.12.

Intercompany Lease means, for any Aircraft, any lease therefor in the Agreed Form between the applicable ECAF I Entities.