Lease Contracts definition

Lease Contracts means, from time to time, the aggregate of the lease contracts comprised in the Portfolio, the Receivables in respect of which are transferred from time to time to the Issuer in accordance with the Transfer Agreement and “Lease Contract” means any one of these.
Lease Contracts and "Equipment" (as such terms are defined in the Securitization Agreements) conveyed by Company to Company Subsidiaries pursuant to the Equipment Purchase Agreements, and all "Lease Contracts" and related properties and interests conveyed to the trusts under the Pooling and Servicing Agreements, satisfy in all material respects the applicable eligibility criteria and conditions set forth in the Securitization Agreements, including without limitation, Section 3.02 of each Equipment Purchase Agreement and Section 3.02 of each Certificate Purchase Agreement. Each of Company and Company Subsidiaries that are parties to the Securitization Agreements has performed in all material respects its obligations and observed and complied in all material respects with those conditions and requirements applicable to it or its properties under the Securitization Agreements. No "Trigger Event", "Funding Period Trigger Event" or "Servicer Default" under the Pooling and Servicing Agreements, or any other default or breach by Company or any Company Subsidiary under the Securitization Agreements, has occurred, and neither Company nor any Company Subsidiary has received notice from any other party to the Security Agreements asserting or otherwise indicating that any such "Trigger Event", "Funding Period Trigger Event", "Servicer Default" or other default or breach has occurred. Neither Company nor any Company Subsidiary that is a party to the Securitization Agreements has been required to repurchase any "Lease Contracts" under the terms of the Securitization Agreements.
Lease Contracts means the lease contracts listed on Exhibit A-1 to the Transfer and Servicing Agreement (excluding any such lease contract which has become a Purchased Contract) and all rights and obligations under such contracts, including, without limitation, all monies at any time paid or payable thereon or in respect thereof from and after the Cut-Off Date (whether in the form of (i) Scheduled Payments (including those Scheduled Payments due prior to, but not received as of, the Cut-Off Date, but excluding those Scheduled Payments due on or after, but received prior to, the Cut-Off Date), (ii) Prepayments, (iii) Liquidation Proceeds, (iv) Extension Fees, (v) payments to be applied by the Servicer to the payment of insurance charges, maintenance, taxes or other similar obligations, (vi) payments to be retained by the Servicer in payment of Administrative Fees, or otherwise), and all rights of the lessor in the related Equipment (other than any ownership interest of the lessor in such Equipment), Insurance Policies and any other security for the payment of amounts due under such contracts.

Examples of Lease Contracts in a sentence

  • In the event the Community is sold to another owner, the new owner has the right to terminate all Lease Contracts within 30 days’ notice at any time after the sale.

  • In the event the Community is sold to another owner, the new owner has the right to terminate all Lease Contracts within 30 days’ notice at any time after the sale of the Community.

  • Identify the policies school leaders have around the use of social media in their school for professional development.

  • The LILO Contracts, LILO Sublease Contracts and Owned Car Lease Contracts have been classified on the federal and state Tax Returns of the Sellers as leases while such LILO Contracts, LILO Sublease Contracts and Owned Car Lease Contracts were owned by the Sellers and such classification has not been challenged by any Governmental Entity in any correspondence with any Seller.

  • Without limiting the generality of the foregoing, Sellers are not required under the terms of any Owned Car Lease Contract to obtain consent from any Obligor to assign any of the Owned Car Lease Contracts to Purchaser at Closing.


More Definitions of Lease Contracts

Lease Contracts means the equipment lease contracts executed by the
Lease Contracts. The lease contracts listed on Exhibit A-1 hereto (excluding any such lease contract which has become a Purchased Contract) and all rights and obligations under such contracts, including, without limitation, all monies at any time paid or payable thereon or in respect thereof from and after the Cut-Off Date (whether in the form of (i) Scheduled Payments (including those Scheduled Payments due prior to, but not received as of, the Cut-Off Date, but excluding those Scheduled Payments due on or after, but received prior to, the Cut-Off Date), (ii) Prepayments, (iii) Liquidation Proceeds, (iv) Extension Fees, (v) payments to be applied by the Servicer to the payment of insurance charges, maintenance, taxes or other similar obligations, (vi) payments to be retained by the Servicer in payment of Administrative Fees, or otherwise), and all rights of the lessor in the related Equipment (other than any ownership interest of the lessor in such Equipment), Insurance Policies and any other security for the payment of amounts due under such contracts.
Lease Contracts means the equipment lease contracts executed by the Companies as listed on Exhibit M.
Lease Contracts mean (i) the Building Lease Contract dated August 18, 2003 and any other contracts between Beijing Post and Telecommunications Industrial School (as lessor) and Borrower 1 (as lessee) for lease of the premises currently used by Borrower 1 as its operation site and (ii) the Building Lease Contract dated March 1, 2002 between Shanghai Municipal Changning District Centre Hospital (as lessor) and US-China Industrial Exchange, Inc. (as lessee) for lease of the premises currently used by Borrower 2 as its operation site;
Lease Contracts means the lease contracts between the Company or any of its Affiliates and Vitol Holding B.V. or any of its Affiliates (including without limitation the lease contracts between ATT Tanjung Bin Sdn. Bhd. and Vitol Holding B.V. or any of its Affiliates).
Lease Contracts. Lease contracts and all rights with respect thereto, including all guaranties and other agreements or arrangements of whatever character from time to time supporting or securing payment of any lease contract and all rights with respect to any agreements or arrangements with the vendors, dealers or manufacturers of the Equipment to the extent specifically related to any lease contract, which contracts are identified on either a Series Contract Schedule delivered to the Indenture Trustee and the Note Insurer on a Delivery Date or on an Amended Contract Schedule delivered to the Indenture Trustee and the Note Insurer on an Acquisition Date; provided that, from and after the date on which a Lease Contract is repurchased, removed or substituted by the Company or the Issuer in accordance with Section 4.04 hereof, such repurchased, removed or replaced Lease Contract shall no longer constitute a Lease Contract for purposes of the Transaction Documents.
Lease Contracts. The lease contracts including all Loan Contracts (and all rights with respect thereto, including all guaranties and other agreements or arrangements of whatever character from time to time supporting or securing payment of any Lease Contract and all rights with respect to any agreements or arrangements with the vendors, dealers or manufacturers of the Equipment to the extent specifically related to any Lease Contract) which are identified either (i) on a Series Lease Schedule delivered to the Trustee and MBIA on a Delivery Date, or (ii) on an Amended Lease Schedule delivered to the Trustee and MBIA on an Acquisition Date or on the date on which Substitute Lease Contracts are delivered to the Trustee; provided that, from and after the date on which a Lease Contract is repurchased, removed or substituted by the Company or the Transferor in accordance with Section 4.04 hereof, such repurchased, removed or replaced Lease Contract shall no longer constitute a Lease Contract for purposes of the Transaction Documents.