Lessee Account definition

Lessee Account has the meaning specified in Section 5.2.2. “Lessor” has the meaning set forth in the introductory paragraph to this Agreement. “Letter of Credit” has the meaning specified in Section 5.1.8. “Lien” means, when used with respect to any Person, any interest in any real or personal property, asset or other right held, owned or being purchased or acquired by such Person that secures payment or performance of any obligation, and shall include any mortgage, lien, pledge, encumbrance, charge, retained security title of a conditional vendor or lessor, or other security interest of any kind, whether arising under a security agreement, mortgage, lease, deed of trust, chattel mortgage, assignment,
Lessee Account means the account established by the Lessee into which the proceeds of the Advances shall be deposited by Lessor as payment for the Leased Equipment.
Lessee Account has the meaning specified in Section 5.2.2. “Lessor” has the meaning set forth in the introductory paragraph to this Agreement. “Lien” means, when used with respect to any Person, any interest in any real or personal property, asset or other right held, owned or being purchased or acquired by such Person that secures payment or performance of any obligation, and shall include any mortgage, lien, pledge, encumbrance, charge, retained security title of a conditional vendor or lessor, or other security interest of any kind, whether arising under a security agreement, mortgage, lease, deed of trust, chattel mortgage, assignment, pledge, retention or security title, financing or similar statement, or notice or arising as a matter of law,

Examples of Lessee Account in a sentence

  • The operating mechanism of a load transform system is described by Hewlett & Ran- dolph (1988).

  • At a meeting with the Minister for Work and Infrastructure, representing the Foreign Minister, the issue of delays and confusion of awarding UK contracts was discussed.

  • You are responsible for all activity on or through your Lessee Account, the Platform, and in connection with your Nominated Bank Account, including all activity by anyone that uses your username, password and security information, whether or not they have been authorised by you.

  • You must provide all authorised persons with a copy of these Lessee Terms and Conditions and ensure that they comply with them when accessing and using the Platform and the Lessee Account.

  • I haveabsolutely no recollection of anyone ever mentioning primary directions though.

  • If, after reading these Lessee Terms and Conditions, you feel you are not able to comply with your obligations under them, or you do not wish be bound by them, then you should not proceed to create a Lessee Account or start a Finance Request.

  • By creating a Lessee Account, you agree to be bound by these Lessee Terms and Conditions.

  • The Platform is an online service and all documents or notices that we wish to send you may be delivered to you through the Website to your Lessee Account.

  • When you create your Lessee Account you must provide a username, a valid e-mail address, a password, phone number and certain security information.

  • To access and use the Platform for the purposes of leasing Equipment you must create a Lessee Account and start a Finance Request.


More Definitions of Lessee Account

Lessee Account has the meaning specified in Section 5.2.2.
Lessee Account means account of the Lessee created on the Platform, in accordance with the Lessee Terms.

Related to Lessee Account

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Note Account As defined in the Indenture.

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Expense Account The account established pursuant to Section 10.3(c).

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Collection Accounts As defined in Section 3.10(a).

  • Insurance Account shall have the meaning set forth in Section 8.6 hereof.

  • Direct Account : means any Account which is not an ISA Account.

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).