Lease Debt definition

Lease Debt means, with respect to any Person, (i) the amount of any accrued and unpaid obligations of such Person arising under any lease or related document (including a purchase agreement, conditional sale or other title retention agreement) in connection with the lease of real property or improvement thereon (or any personal property included as part of any such lease) which provides that such Person is contractually obligated to purchase or cause a third party to purchase the leased property or pay an agreed upon residual value of the leased property to the lessor (whether or not such lease transaction is characterized as an operating lease or a capitalized lease in accordance with GAAP) and (ii) the guarantee, direct or indirect, in any manner (including, without limitation, letters of credit and reimbursement agreements in respect thereof), of any of the amounts set forth in (i) above.

Lease Debt means the debt evidenced by the Lessor Notes.

Lease Debt means the debt evidenced by the Lessor Notes and (without duplication) the Certificates.

Examples of Lease Debt in a sentence

• The subordination effected hereby shall survive any sale, assignment, pledge, disposition, or other transfer of all or any portion of the Senior Debt or the Lease Debt, and the terms of this Agreement shall inure to the benefit of and be binding upon the successors and assigns of the Senior Agent and the Subordinated Creditor, as provided in Section 9 hereof.

• Any Liens of the Subordinated Creditor shall secure solely the Lease Debt, and no other indebtedness, liabilities or other obligations of any kind.

• The Owner Participant will consider in good faith any requests by the Lessee to refinance the Lease Debt; provided that any such refinancing of the Lease Debt shall otherwise be in accordance with the terms of the Operative Documents and other conditions to such refinancing agreed to by Lessee and the Owner Participant shall have been satisfied.

• The Senior Agent and the Senior Lenders shall not have any liability to the Subordinated Creditor in respect of the Subordinated Creditor's failure to obtain repayment in full of the Lease Debt.

More Definitions of Lease Debt

Lease Debt means the debt evidenced by the Certificates, and other debt issued pursuant to Section 13 of the Participation Agreement.

Lease Debt means the debt evidenced by the Certificates, and other debt issued pursuant to Section 11 of the Participation Agreement.

Lease Debt means, with respect to any Person, (i) the amount of any accrued and unpaid obligations of such Person arising under any lease or related document (including a

Lease Debt means the liabilities relating to (i) the sale and lease back agreement between the Issuer, Scandinavian Biogas Stockholm AB and Stockholm Vatten AB regarding the Henriksdal and Bromma production facilities (including the plants Linje 1, Linje 2 and Linje 3:0 and the properties Rötkammaren 2 and Reningsverket 2), and the lease agreement between the Scandinavian Biogas Recycling AB and SRV Återvinning AB regarding the pre-treatment plant in Södertörn (which liabilities in aggregate as of the 30 September 2015 amounted to SEK 172,006,000), in each case accounted for as interest bearing debt.

Lease Debt means the debt evidenced by the Notes.

Lease Debt means Indebtedness incurred by any Owner Lessor and its subsidiaries, if any, under the Lease Documents.

Lease Debt means all of the obligations of the Loan Parties to the Subordinated Creditor, whether now existing or hereafter arising, under the Lease.