Examples of Lease Purchase Date in a sentence
The representations and warranties of NFC hereunder with respect to such Sold Retail Lease Property shall be true and correct on such Lease Purchase Date with the same effect as if then made, and NFC shall have performed all obligations with respect to such Sold Retail Lease Property to be performed by it hereunder on or prior to such date.
Within two Business Days after each Lease Purchase Date, Harco Leasing shall transfer to the Indenture Trustee for deposit in the Collection Account all collections (from whatever source) on or with respect to the related Designated Retail Leases and Related Titling Trust Assets held by Harco Leasing on such Lease Purchase Date and conveyed to NFC pursuant to Section 2.01 or 2.02.
Harco Leasing shall, at its own expense, on or prior to each Lease Purchase Date, indicate in its computer files that the beneficial interest in the Designated Retail Leases being allocated on such date has been sold to NFC pursuant to this Agreement.
The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a "Lease Purchase Closing") shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon.
The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “Lease Purchase Closing”) shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon.
The representations and warranties of Harco Leasing hereunder with respect to such Designated Retail Leases and in Sections 3.02 and 3.03 shall be true and correct on and as of such Lease Purchase Date with the same effect as if then made, and Harco Leasing shall have performed all obligations with respect to such Designated Retail Leases to be performed by it hereunder on or prior to such date.
The representations and warranties of Harco Leasing hereunder with respect to such Designated Retail Leases in Section 3.01 and in Sections 3.02 and 3.03 shall be true and correct on and as of such Lease Purchase Date with the same effect as if then made, and Harco Leasing shall have performed all obligations with respect to such Designated Retail Leases to be performed by it hereunder on or prior to such date.
The representations and warranties ----------------------------------- of NFC hereunder with respect to such Sold Retail Lease Property shall be true and correct on such Lease Purchase Date with the same effect as if then made, and NFC shall have performed all obligations with respect to such Sold Retail Lease Property to be performed by it hereunder on or prior to such date.
The Company will not purchase any Lease on any Lease Purchase Date unless, after giving effect thereto, the Assumed Longest Amortization of all Leases included in the Trust Property will not result in the Note Principal Balance of the Notes on any date exceeding the amount specified for such date in Schedule I to this Indenture (an "Over-Issuance Condition").
As of the date hereof, the Lease Purchase Date in each calendar month is expected to be a Business Day during the first or second week of each calendar month, subject to agreement otherwise by Seller and Purchaser.