Leveraged Lease Documents definition

Leveraged Lease Documents means (i) the Participation Agreement, dated as of March 26, 1997, by and among the Company, General Foods Credit Corporation ("General Foods"), Fleet National Bank ("Fleet") as owner trustee and the lenders party thereto, and the Lease Agreement, dated as of March 26, 1997, by and among the Company and Fleet as owner trustee, and the other agreements and documents executed and delivered in connection therewith, and (ii) the Participation Agreement, dated as of March 26, 1997, by and among Zenith Texas, General Foods, Fleet as owner trustee and the lenders party thereto, and the Lease Agreement, dated as of March 26, 1997, by and among Zenith Texas and Fleet as owner trustee, and the other agreements and documents executed and delivered in connection therewith.
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Leveraged Lease Documents means the agreements, certificates and related documents delivered in connection with the transactions described in the Participation Agreement dated as of July 15, 1987, as amended, including amendments dated as of December 1, 1987, and as of June 30, 1992, among the Lessor, the Lessee, East Mesa Partners and the other parties named therein, including, without limitation, the Lease Period Operative Agreements, as defined therein.
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Leveraged Lease Documents the collective reference to the Third Amended and Restated Facility Lease Agreement dated as of May 7, 1999, between Geysers Statutory Trust and Geysers Power Company, LLC, the Third Amended and Restated Participation Agreement dated as of May 7, 1999, among Geysers Power Company, LLC, Geysers Statutory Trust, State Street Bank and Trust Company of California, National Association, First Union Trust Company, National Association, Silverado Geothermal Resources, Inc., Steam Heat Lender Trust and Newcourt Capital USA Inc. (the “Participation Agreement”), and the Operative Documents (as defined in the Participation Agreement), as each of the foregoing has been amended, supplemented or otherwise modified from time to time prior to the Petition Date or pursuant to Section 6.19.
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Examples of Leveraged Lease Documents in a sentence

  • LGE hereby agrees to release Zenith Texas upon consummation of the transactions contemplated by Sections 2(b) and 2(c) from any claims of LGE against Zenith Texas arising as a result of the satisfaction by LGE of Zenith Texas' obligations under the Leveraged Lease Documents.

  • From the date hereof through the Closing, except as otherwise consented to in writing by LGE, the Company and its subsidiaries shall perform all of their respective obligations under and comply with all terms and provisions of the Leveraged Lease Documents other than its obligation to pay Basic Rent (as defined therein) thereunder.

  • This Agreement shall become effective as of the date first written above and, subject to periodic suspension pursuant to Section 5.2, shall continue in full force and effect until (a) the effective date of an amendment to the Ownership Agreement that permits MPC's Colstrip 4 Project Share to be voted separately and independently from MPC's Colstrip 3 Project Share or (b) the occurrence of the Lessor Possession Date (under any of the Colstrip 4 Leveraged Lease Documents).

  • For the avoidance of doubt, the Sellers are not releasing any claims they may have against the Lessee or the Owner Trustee under Sections 6 and 7 of the Participation Agreement or any other provision of the Leveraged Lease Documents that survives the termination thereof.

  • LGE hereby agrees to release Zenith ----------------------- Texas upon consummation of the transactions contemplated by Sections 2(b) and 2(c) from any claims of LGE against Zenith Texas arising as a result of the satisfaction by LGE of Zenith Texas' obligations under the Leveraged Lease Documents.

  • This Agreement shall become effective as of the date first written above and shall continue in full force and effect until the occurrence of the Lessor Possession Date (under any of the Colstrip 4 Leveraged Lease Documents).

  • From the date hereof through the ------------------------- Closing Date, except as otherwise consented to in writing by LGE, the Company and its subsidiaries shall perform all of their respective obligations under and comply with all terms and provisions of the Leveraged Lease Documents other than its obligation to pay Basic Rent (as defined therein) thereunder.

  • Until the Closing Date, such Seller shall be responsible for its proportionate share of all amounts payable by OGII Trust under any Contract and for the timely and full performance of all obligations of OGII Trust thereunder, and the enforcement of all provisions thereof to the extent, and only to the extent, a Trustor is required to do so under the Leveraged Lease Documents.

  • The obligations of the Sellers under this Section 9.2(d) shall be subject to any restrictions or limitations placed upon the Sellers under the Leveraged Lease Documents unless such restrictions or limitations (if any) are waived.

  • From the date hereof through the Closing Date, except as otherwise consented to in writing by LGE, the Company and its subsidiaries shall perform all of their respective obligations under and comply with all terms and provisions of the Leveraged Lease Documents other than its obligation to pay Basic Rent (as defined therein) thereunder.


More Definitions of Leveraged Lease Documents

Leveraged Lease Documents means the documents set forth on Schedule 1.1(c).
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Related to Leveraged Lease Documents

  • Lease Documents has the meaning set forth in the Basic Servicing Agreement; provided that such definition shall refer only to lease documents related to Leases allocated to the 20[●]-[●] Lease SUBI.

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • Financing Lease Obligation means, as applied to any Person, an obligation that is required to be accounted for as a financing or capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP. At the time any determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Operative Documents means the Purchase Agreement, the Indenture, the Trust Agreement, the Notes and the Trust Securities.

  • Facility Leases means all of the leases of Facilities listed on Schedule 3.7 of the Disclosure Schedules.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Lessee Documents Has the meaning set forth in Section 6.01(b) of the Participation Agreement.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Financeable Ground Lease means, a ground lease reasonably satisfactory to the Administrative Agent on behalf of the Lenders, which must provide customary protections for a potential leasehold mortgagee (“Mortgagee”) such as (i) a remaining term, including any optional extension terms exercisable unilaterally by the tenant, of no less than 25 years, (ii) a provision that the ground lease will not be terminated until the Mortgagee has received notice of a default, has had a reasonable opportunity to cure and has failed to do so, (iii) provision for a new lease to the Mortgagee as tenant on the same terms if the ground lease is terminated for any reason, (iv) transferability of the tenant’s interest under the ground lease by the Mortgagee without any requirement for consent of the ground lessor unless based on delivery of customary assignment and assumption agreements from the transferor and transferee, (v) the ability of the tenant to mortgage tenant’s interest under the ground lease without any requirement for consent of the ground lessor and (vi) provisions that the tenant under the ground lease (or the leasehold mortgagee) has customary protections with respect to the application of insurance proceeds or condemnation awards attributable to the tenant’s interest under the ground lease and related improvements.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Project Documents means all documents relating to the Construction Loan, Mortgage Loan and Construction Contract. It shall also include all documents required by any governmental agency having jurisdiction over the Apartment Housing in connection with the development, construction and financing of the Apartment Housing, including but not limited to, the approved Plans and Specifications for the development and construction of the Apartment Housing.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Related Real Estate Documents with respect to any Real Estate subject to a Mortgage, the following, in form and substance satisfactory to Agent and received by Agent for review at least 10 days prior to the effective date of the Mortgage: (a) a mortgagee title policy (or binder therefor) covering Agent’s interest under the Mortgage, in a form and amount and by an insurer acceptable to Agent, which must be fully paid on such effective date; (b) such assignments of leases, estoppel letters, attornment agreements, consents, waivers and releases as Agent may require with respect to other Persons having an interest in the Real Estate; (c) a current, as-built survey of the Real Estate, containing a metes-and-bounds property description and flood plain certification, and certified by a licensed surveyor acceptable to Agent; (d) flood insurance in an amount, with endorsements and by an insurer acceptable to Agent, if the Real Estate is within a flood plain; (e) a current appraisal of the Real Estate, prepared by an appraiser acceptable to Agent, and in form and substance satisfactory to Required Lenders; (f) an environmental assessment, prepared by environmental engineers acceptable to Agent, and accompanied by such reports, certificates, studies or data as Agent may reasonably require, which shall all be in form and substance satisfactory to Required Lenders; and (g) an Environmental Agreement and such other documents, instruments or agreements as Agent may reasonably require with respect to any environmental risks regarding the Real Estate.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.