Leveraged Lease definition

Leveraged Lease means a lease, sublease, concession, management agreement, operating agreement or other similar arrangement in which the Lessor has borrowed a portion of the purchase price of the interest in the Concessionaire Interest acquired by the Lessor and granted to the lenders of those funds a security interest in that interest.

Leveraged Lease means (a) any lease that is collateral for indebtedness through which the lessor financed or acquired an asset and to which the Company, any of its Affiliates or any Company Joint Venture is a party and (b) all Contracts and documents entered into by the Company, any of its Affiliates or any Company Joint Venture with the lessee or an Affiliate of the lessee in connection with the transactions contemplated by such lease.

Leveraged Lease means a lease of tangible personal property in which the Company or a Subsidiary (or an owner-trustee holding legal title for the benefit of the Company or a Subsidiary) as owner and lessor shall have acquired such property in whole or in part with funds borrowed from one or more lenders, each of which shall agree that such loan is payable exclusively from the rentals paid by the lessee or lessees of such property or, upon default of such lessee or lessees, from the proceeds of sale of such property, and shall agree that such loan is made absolutely without recourse to the lessor, any affiliated entity, or, if present, any owner-trustee.

Examples of Leveraged Lease in a sentence

• If all heirs have consented to the applicant serving as Administrator, the Tribal Court shall grant the application without a hearing.

• ASC 842 is organized under the five primary subtopics as follows:• 10 – Overall• 20 – Lessee• 30 – Lessor• 40 – Sale and Leaseback Transactions• 50 – Leveraged Lease Arrangements The “10-Overall” subtopic above is applicable to all types of leasing transactions, whether a company is a lessee or lessor, and is the only subtopic retained from the previous ASC 840 literature (as far as organization).

• One kind of financial lease that was popular until the 1990’s was the Japanese Leveraged Lease (JLL).

• The Requirements Will Distort Lessor Risks in Leveraged Lease Agreements Within the Basis for Conclusions, the ED notes that the boards expect the proposed requirements will result in “…a more accurate reflection of the rights and obligations from leases…” While there are those who find this to be a reasonable assumption for many leasing arrangements (subject to the cost/benefit analysis described above), this is certainly not the case for lessors in a leveraged lease arrangement.

• There were other types of leases similar to JLLs, such as the U.S. Leveraged Lease and the European Leveraged Lease.

More Definitions of Leveraged Lease

Leveraged Lease means, collectively, (i) the Lease Agreement dated as of March 1, 1985 between the Borrower and D&K Financial Corporation as amended from time to time and (ii) the Lease Agreement dated as of March 1, 1985 between the Borrower and Westinghouse Credit Corporation as amended from time to time.

Leveraged Lease means a lease having all of the following characteristics:

Leveraged Lease means the Lease Agreement to be entered into between EDNC and the Owner Trustee (as hereafter defined).

Leveraged Lease the leveraged lease with respect to the Geysers Assets pursuant to the Leveraged Lease Documents.

Leveraged Lease. Dispute As defined in the Restructuring Support Agreement.

Leveraged Lease means a lease transaction in which the lessor has borrowed a portion of the acquisition cost of the asset leased by the lessee on a non-recourse basis and the lender obtains an assignment of the lease and a mortgage or security interest in the leased asset as collateral for such Indebtedness. “Liabilities” means any losses, claims (including intraparty claims), demands, damages or liabilities of any kind. “Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing

Leveraged Lease has the meaning given to such term in the definition of "Leveraged Lease Transaction" hereof.