Owner Financier definition

Owner Financier means a Person(s) providing finance or re-financing (including financing or re-financing by way of sale/leaseback or similar financing and/or refinancing arrangements) of the Vessel and/or to Owner or an Affiliate of Owner in connection with the Vessel. ​ ​ ​ ​ ​ ​
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Owner Financier means the Third Party Owner and/or bank(s) or financial institution(s) advised by the Lessor to have interest in the Engine; unless the Lessor advises that there is any Third Party Owner, bank or other financial institution relevant to the Engine then all references to “Owner/Financier”, so far as the Engine is concerned, shall be construed as references to the Lessor.
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Examples of Owner Financier in a sentence

  • Lessee shall pay any expenses incurred by Lessor, Owner Financier or any other Lessor Indemnitee in connection with such removal.

Related to Owner Financier

  • Owner-builder means an owner or lessor of real property who, by himself or by or through others, constructs or has constructed or reconstructs or has reconstructed any improvement to real property.

  • Project Finance Debt means Debt of any Subsidiary of the Borrower (i) that is (A) not recourse to the Borrower other than with respect to Liens granted by the Borrower on direct or indirect equity interests in such Subsidiary to secure such Debt and limited Guaranties of, or equity commitments with respect to, such Debt by the Borrower, which Liens, limited Guaranties and equity commitments are of a type consistent with other limited recourse project financings, and other than customary contractual carve-outs to the non-recourse nature of such Debt consistent with other limited recourse project financings, and (B) incurred in connection with the acquisition, development, construction or improvement of any project, single purpose or other fixed assets of such Subsidiary, including Debt assumed in connection with the acquisition of such assets, or (ii) that represents an extension, renewal, replacement or refinancing of the foregoing, provided that, in the case of a replacement or refinancing, the principal amount of such new Debt shall not exceed the principal amount of the Debt being replaced or refinanced plus 10% of such principal amount.

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group: