Leasing Facility definition

Leasing Facility means the master lease agreement dated as of March 18, 2009 by and between Triumph Structures - Los Angeles, Inc., as lessee, and Banc of America Leasing & Capital, LLC, as lessor, together with all related notes, letters of credit, collateral documents, Guarantees, and any other related agreements and instruments executed and delivered in connection therewith, in each case as further amended, modified, supplemented, restated, refinanced, refunded or replaced in whole or in part from time to time including by or pursuant to any agreement or instrument that extends the maturity of any Debt thereunder, or increases the amount of available borrowings thereunder (provided that such increase in borrowings is permitted under clause (i), (x) or (xiv) of the definition of the term “Permitted Debt”), or adds Subsidiaries of the Company as additional lessors, borrowers or guarantors thereunder, in each case with respect to such agreement or any successor or replacement agreement and whether by the same or any other agent, lender, group of lenders, purchasers or debt holders.
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Leasing Facility means any and all financial accommodations now or hereafter made by Chase Leasing to any of the Debtors pursuant to a master lease agreement between such Debtor and Chase Leasing and any equipment schedules executed in connection therewith. Lending Office shall mean, for each type of Loan, the lending office of the Bank (or of an affiliate of the Bank) designated by the Bank as the office by which its Loans of such type are to be made and maintained.
Sample 1
Leasing Facility means the master lease agreement dated as of March 18, 2009 by and between Triumph Structures - Los Angeles, Inc., as lessee, and Banc of America Leasing & Capital, LLC, as lessor, together with all related notes, letters of credit, collateral documents, Guarantees, and any other related agreements and instruments executed and delivered in connection therewith, in each case as further amended, modified, supplemented, restated, refinanced, refunded or replaced in whole or in part from time to time including by or pursuant to any agreement or instrument that extends the maturity of any Debt thereunder, or increases the amount of available borrowings thereunder (provided that such increase in borrowings is permitted under clause (i) or (xv) of the definition of the term “Permitted Debt”), or adds Subsidiaries of the Company as additional borrowers or guarantors thereunder, in each case with respect to such agreement or any successor or replacement agreement and whether by the same or any other agent, lender, group of lenders, purchasers or debt holders.
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Examples of Leasing Facility in a sentence

  • Capital Advance Leasing Facility (CALF) The Approved Housing Bodies are actively pursuing a number of potential CALF projects and are liaising closely with the Council on a regular basis.

  • Both the Bank Operating Line and Leasing Facility are secured by a hypothecation of the Corporation’s cash, cash equivalents and short-term investments.

  • As of March 31, 2019, nothing was outstanding on the Leasing Facility.

  • Speaker, Honourable Members, Government is developing a comprehensive programme with the support of the African Development Bank that will transform our agricultural input system through establishing a Leasing Facility for farm machinery and equipment.

  • Interest is charged on outstanding amounts at the bank’s prime rate per annum and is repayable on demand by the bank in the event of certain conditions.At December 31, 2018, $nil (2017 - a nominal amount) was outstanding on the Leasing Facility which is included in the finance lease liability (note 17).

  • Interest is charged on outstanding amounts at the bank’s prime rate per annum and is repayable on demand by the bank in the event of certain conditions.At December 31, 2015, $510,000 (2014 - $1,061,000) was outstanding on the Leasing Facility which is included in the finance lease liability (note 17).

  • Leasing from the Department’s Preferred Lessor The Department has negotiated a Preferred Leasing Facility with Equigroup on behalf of The Commonwealth Bank to provide leasing of a wide range of ICT equipment to Victorian Government schools.

  • As we understand it, ICare Ltd is seeking to put in place a MTR model that might see it purchase tranches of impaired mortgages from specific institutions (primarily perhaps AIB) with funds provided by those institutions (at a competitive rate of interest) and financial assistance from the State in the form of Capital Advance Leasing Facility funds from the Department of Housing.

  • The U.S. Leasing Facility is amortized over a six-year term and extendible at the Company’s option for an additional year.

  • To allow up to a 36 month interest rate swap contract to fix the rate of interest payable under the Capital Loan or selected by the Borrower for calculation of lease payments under the Leasing Facility.

Related to Leasing Facility

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Tanning facility means any premises, building, or part of a building that contains one or more rooms or booths with any of the following:

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Nursing facility means an institution as defined in Iowa Code chapter 135C. This definition does not include acute care settings.

  • Parking Facility means a parking area or structure having

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Holding facility means a designated area for the retention of

  • Recycling facility means equipment used by a trade or business solely for recycling:

  • Cannabis processing facility means a person that:

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Parking Facilities means parking lots or other off-street areas for the parking of vehicles, including areas below or above the surface of streets.

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or