Master Equipment Lease definition

Master Equipment Lease means the Master Equipment Lease Agreement, dated September 25, 1996, between Parent and KeyCorp Leasing Ltd.
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Master Equipment Lease means that certain Master Equipment Lease, dated as of September 29, 2000, between the Borrower and Fifth Third Bank, Ohio Valley, as amended, restated, supplemented or otherwise modified from time to time.
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Master Equipment Lease dated as of January 1, 2003 between DOC Lease Co., LLC ("Lessor") and Oklahoma RSA 7 Limited Partnership ("Lessee")
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Examples of Master Equipment Lease in a sentence

  • Each Equipment Schedule shall constitute a separate and enforceable lease incorporating all the terms and conditions of this Master Equipment Lease Agreement as if such terms and conditions were set forth in full in such Equipment Schedule.

  • In the event that any term or condition of any Equipment Schedule conflicts with or is inconsistent with any term or condition of this Master Equipment Lease Agreement, the terms and conditions of the Equipment Schedule shall govern.

  • Each Schedule shall constitute a separate and independent lease and contractual obligation of Lessee and shall incorporate the terms and conditions of this Master Equipment Lease and any additional provisions contained in such Schedule.

  • This Master Equipment Lease Agreement may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument.

  • This Certificate of Acceptance is executed and delivered under and pursuant to the terms of that certain Master Equipment Lease dated February 9, 1993 (the "Lease") between Coca-Cola Financial Corporation ("Lessor") and Coca-Cola Bottling Co. Consolidated ("Lessee").

  • Fifth Third Bank $16,203.44 Equipment described in that certain Master Equipment Lease Agreement dated September 28, 2010 and accompanying Schedule No. 1 dated November 16, 2010 between Lessor and Lessee.

  • Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor, subject to the terms and conditions of this Master Equipment Lease ("Lease"), the personal property ("Equipment") described in each Acceptance Supplement ("Supplement") executed and delivered by Lessor and Lessee pursuant to the terms of this Lease.

  • Guarantor(s) hereby each reaffirm the Guaranty (ies) and acknowledge and agree that none of the Guarantor(s) is released from their respective obligations under the Guaranty (ies) by reason of this Amendment and that the obligations of the Guarantor(s) under the Guaranty (ies) extend to the Master Equipment Lease as amended by this Amendment and to the other Transaction Documents.

  • Lessor leases to Lessee and Lessee leases from Lessor the personal property described in each Equipment Schedule executed pursuant hereto, subject to the terms and conditions of this Master Equipment Lease Agreement ("Master Lease") and the applicable Lease Line Schedule (defined below).

  • Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor the equipment (Equipment) described in any schedule (Schedule) that incorporates this Master Equipment Lease Agreement (Agreement) by reference.


More Definitions of Master Equipment Lease

Master Equipment Lease means this Master Equipment Lease, and any amendments and Lease Addenda hereto.
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Master Equipment Lease. This Schedule is entered into pursuant to the Master Equipment Lease identified above, a copy of which each party hereto has been provided. All of the terms, conditions, representations and warranties of the Master Equipment Lease are hereby incorporated by reference herein and made a part hereof as if they were expressly set forth in this Schedule. This Schedule constitutes a separate lease with respect to the Machines described herein. By their execution and delivery of this Schedule, the parties hereby reaffirm as of the date hereof all of the terms, conditions, representations and warranties of the Master Equipment Lease, except as modified herein. Discount rate: In calculating present value with regard to item 22 of the Master Equipment Lease, the discount rate to be used will be the lesser of the Federal Reserve discount window borrowing rate in effect at the Commencement Date or 6%. Alliance Leasing & Services Group, Ltd. Cardinal Realty Services, Inc. BY: /s/ Davix X. Xxxxxxx BY: /s/ Mark X. Xxxxxxxx -------------------------------- ---------------------------------- Its duly authorized representative TITLE: E.V.P. and Chief Financial Officer ATTACHMENT #1 TO MASTER EQUIPMENT LEASE NUMBER CRS96120 SCHEDULE A QUANTITY TYPE MODEL DESCRIPTION SERIAL NO. 1 9406 510 AS/400 Model 2143 2 /1602 1.03 Disk Unit 1 /2619 Token Ring Card 1 /2621 Tape Controller 1 /2623 Six Line Comm Controller 3 /2657 EIA 232/V.24 Two Line 1 /2674 Optical Bus Adapter 1 /2686 Optical Link Processor 1 /5044 System Unit Exp Rack 2 /6140 Workstation Controller 3 /6501 DASD Controller 1 /6606 1.96 Disk Unit 0 /7255 Opt Base 256MB Main Storage 1 9337 480 Disk Unit 4 /1288 4.19GB Disk Unit 1 9337 440 Disk Unit 4 /1248 1.96 Disk Unit 1 7857 017 Modem
Sample 1
Master Equipment Lease. This Schedule is entered into pursuant to the Master Equipment Lease identified above, a copy of which each party hereto has been provided. All of the terms, conditions, representations and warranties of the Master Equipment Lease are hereby incorporated by reference herein and made a part hereof as if they were expressly set forth in this Schedule. This Schedule constitutes a separate lease with respect to the Machines described herein. By their execution and delivery of this Schedule, the parties hereby reaffirm as of the date hereof all of the terms, conditions, representations and warranties of the Master Equipment Lease, except as modified herein. Discount rate: In calculating present value with regard to item 22 of the Master Equipment Lease, the discount rate to be used will be the lesser of the Federal Reserve discount window borrowing rate in effect at the Commencement Date or 6%. LeaseNet, Inc. Cardinal Realty Services, Inc. BY: /s/ Davix X. Xxxxxxx BY: /s/ Mark X. Xxxxxxxx --------------------- --------------------- Its duly authorized representative TITLE: Executive V.P. and CFO CERTIFICATE OF ACCEPTANCE ACKNOWLEDGMENT OF ASSIGNMENT AND INSURANCE OBLIGATION CUSTOMER'S CERTIFICATE OF ACCEPTANCE & ACKNOWLEDGEMENT OF ASSIGNMENT As Lessee under Master Equipment Lease CRS96120 dated September 30, 1996 ("Lease") entered into with LeaseNet, Inc. we do hereby certify that we have as of the date hereof inspected each item of equipment described on Schedule(s) C, a copy of each of which is attached hereto, and found the same to be in good operating condition; and, by execution and delivery of this Certificate, we do hereby unconditionally accept each said item of equipment as installed for the Lease. In addition, we hereby acknowledge that we have been advised by LeaseNet that LeaseNet anticipates assigning the Schedule(s) to a lender ("Lender") in consideration of a loan to LeaseNet. We hereby authorize LeaseNet to enter the Lender's name in the space provided below. Return of a copy of this certificate to us including the Lender's name below, counter-executed by LeaseNet , will constitute our acknowledgment of this assignment. We will thereafter remit all future rental payments to the Lender at the address given below. For the express benefit of the Lender, we hereby affirm all of our covenants and agreements under the Lease; we hereby affirm that the Lease and Schedule(s) are in full force and effect and that as of the date hereof no event of default ...
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Master Equipment Lease means that certain Master Equipment Lease, dated , 200___, by and between the Class B Member and the Company.
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Master Equipment Lease dated as of January 1, 2003 between DOC Lease Co., LLC ("Lessor") and Xxxxxx Cellular Systems, Inc. ("Lessee")
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Master Equipment Lease means the Master Equipment Lease Agreement dated March 31, 1993 between NationsBanc Leasing and KN Front Range Gathering Company, predecessor to KNGG, as amended by the First Amendment to Master Equipment Lease Agreement between the same Persons, dated as of August 19, 1993, and the Second Amendment to Master Equipment Lease Agreement between the same Persons, dated as of June 22, 1995, and the Third Amendment to Master Equipment Lease Agreement, dated as of November 23, 1999, together with all conveyances, supplemental deeds, security agreements, mortgages and other instruments executed by such Persons in connection therewith.
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Related to Master Equipment Lease

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

  • Design-build contract means a single contract with a Design-Build Firm for the design and construction of a public construction project.

  • Installment lease contract means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Leased Aircraft Has the meaning specified in the third recital to this Trust Supplement.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Design-Build Agreement means the design and construction agreement between Project Co and the Design-Builder, a certified copy of which has been delivered by Project Co to the Authority, as amended, supplemented or replaced from time to time in accordance with this Agreement;

  • Leased Equipment means the equipment which may include but not limited to modem provided by TM on lease basis to enable usage of the Service by the Customer, as may be decided by TM from time to time at its sole discretion.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Equipment Schedule means (a) each Equipment Schedule attached to the applicable Requisition and (b) each Equipment Schedule attached to the applicable Lease Supplement.

  • 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.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • 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.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • 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:

  • Equipment Room means a space intended for the operation of pool pumps, filters, heaters and controllers.

  • Covered Building Service Contract means a contract or subcontract to provide Building Services to the City of Cambridge or any of its departments or subdivisions.

  • Airport Ground Support Equipment means vehicles and equipment used at an airport to service aircraft between flights.

  • Interconnection equipment means a group of components or an integrated system owned and operated by the interconnection customer that connects an electric generator with a local electric power system, as that term is defined in Section 3.1.6.2 of IEEE Standard 1547, or with the electric distribution system. Interconnection equipment is all interface equipment including switchgear, protective devices, inverters or other interface devices. Interconnection equipment may be installed as part of an integrated equipment package that includes a generator or other electric source.