Lease Proceeds means, with respect to each Lease for which an Escrow Account is established, the total amount of money to be paid by Lessor to the Escrow Agent for deposit and application in accordance with such Lease and the related Escrow Agreement.
Lease Proceeds with respect to any Lease - all payments due from or with respect to the Lessee, such Lease or the Equipment subject to such Lease, including, but not limited to, all Rent and any security deposits held by TSFC, all casualty, early termination, purchase option and indemnity payments, and all insurance and sales or lease proceeds of and requisition payments for the Equipment subject to such Lease.
Lease Proceeds means any proceeds of re-letting or any other disposition of the Property pursuant to the
Examples of Lease Proceeds in a sentence
The Issuer has not entered into an interest rate swap agreement with respect to any portion of Lease Proceeds.
No other funds or accounts have been established for the Lease to hold Lease Proceeds or other money that will be used to make rental payments under the Lease.
The completion of the Financed Assets and the allocation of the Lease Proceeds to expenditures will proceed with due diligence.
Pursuant to the Escrow Agreement, investment of the Lease Proceeds is limited to placement in an interest-bearing demand deposit account.
The Issuer has incurred, or will incur within 6 months after the Closing Date, a substantial binding obligation to a third party to spend at least 5% of the Lease Proceeds on the Financed Assets.
More Definitions of Lease Proceeds
Lease Proceeds means, with respect to each Lease, the total amount of money to be paid by Lessor to the Acquisition Fund Custodian for deposit and application in accordance with such Lease and the Acquisition Fund Agreement.
Lease Proceeds means, with respect to this Lease, the total amount of money to be paid by Lessor to the Lessee in accordance with the Agreement.
Lease Proceeds means the gross proceeds of the Lease Agreement, which include (a) sale proceeds (any amounts actually or constructively received by the Issuer from the execution and delivery of the Lease Agreement, including amounts used to pay a discount or fees to the Lessor, but excluding pre-issuance accrued interest), (b) any amounts received from investing sale proceeds or transferred proceeds or other investment proceeds, (c) any amounts held in a sinking fund for the Lease Agreement, (d) any amounts held in a pledged fund or reserve fund for the Lease Agreement, and (e) any other replacement proceeds.
Lease Proceeds means the proceeds of re-letting or any other disposition of the Property pursuant to the Lease.
Lease Proceeds means the total amount of money to be paid to (i) Escrow Agent for deposit and application in accordance with the Escrow Agreement and (ii) Lessee for reimbursement of expenditures made by Lessee for the Project.
Lease Proceeds means, with respect to each Lease, the total amount of money to be paid by Lessor for deposit in the Acquisition Fund and application in accordance with such Lease and the Acquisition Fund Agreement.
Lease Proceeds. All rents, fees, charges, payments and all other amounts due or collected under or in respect of Leases, to the extent derived from or allocable to Revenue Generating Equipment, but excluding Finance Lease Proceeds and Disposition Proceeds. “Lender”: Any Lender party to this Agreement on the Closing Date that funds a Loan or any Lender that becomes a party hereto as a Lender on any subsequent date in accordance with the terms of this Agreement. "Lender" shall be deemed to include any Conduit Lender. A Granting Lender may act on behalf of a Conduit Lender to the extent set forth in this Agreement. “Lender Tax Identification Information”: Properly completed and signed tax certifications (generally, in the case of U.S. federal income tax, IRS Form W-9 (or applicable successor form) in the case of a person that is a “United States Person” within the meaning of Section 7701(a)(30) of the Code or the appropriate IRS Form W-8 (or applicable successor form) in the case of a person that is not a “United States Person” within the meaning of Section 7701(a)(30) of the Code) and other information requested from time to time by the Borrower or the Collateral Agent sufficient (i) to determine the applicability of, or to determine the amount of, U.S. withholding tax under the Code (including back-up withholding and withholding imposed pursuant to FATCA) or other Applicable Law and (ii) for the Borrower and Collateral Agent to satisfy their information reporting obligations under the Code (including under FATCA) or other Applicable Law. “Lending Office”: As to any Lender, the office or offices of such Lender designated the office from which the Loan is funded by such Lender, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent. “Lessee” or “lessee”: Where the context is with respect to a Lease or Lease Agreement, any obligor thereunder. If a Container is subject to a Subservicer Lease (as defined in the Management Agreement), the end user (and not the Subservicer) will be considered to be Lessee or lessee. “Letter-of-Credit Rights”: This term shall have the meaning set forth in the UCC. “LIBOR Rate”: For each Interest Accrual Period means: (a) for any Interest Accrual Period with respect to a LIBOR Rate Loan, a rate per annum determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR Base Rate 1.00 – Eurodollar Reserve Percentage Where, “LIBOR Base Rate” means the rate per annu...