Permitted Secured Metals Leases definition

Permitted Secured Metals Leases means Secured Metals Leases between the Borrower and any of the Lenders (or their respective Affiliates) (as lessor), or such other bank or financial institution consented to in writing by Agent.
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Permitted Secured Metals Leases means Secured Metals Leases between the Borrower (as lessee) and Mitsubishi International Corporation (as lessor), provided, that Mitsubishi International Corporation shall have entered into an intercreditor agreement with the Administrative Agent, which shall amend and restate the Intercreditor Agreement (in effect on the Seventh Amendment Effective Date), in form and substance acceptable to the Required Lenders.
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Permitted Secured Metals Leases means Secured Metals Leases between the Borrower and Natixis, New York Branch (or its Affiliate) (as lessor), provided, that Natixis, New York Branch (or its applicable Affiliate) shall be a party to the Intercreditor Agreement (in its capacity as a metals lessor).
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Examples of Permitted Secured Metals Leases in a sentence

  • The Borrower shall not enter into or otherwise be a party to any Secured Metals Leases other than Permitted Secured Metals Leases.


More Definitions of Permitted Secured Metals Leases

Permitted Secured Metals Leases means Secured Metals Leases between the Borrower and any of the Lenders (or their respective Affiliates) (as lessor).
Sample 1
Permitted Secured Metals Leases means Secured Metals Leases between (i) the Borrower (as lessee) and Mitsubishi International Corporation (as lessor), provided, that Mitsubishi International Corporation shall be a party to the Mitsubishi Intercreditor and (ii) the Borrower and Natixis, New York Branch (or its Affiliate) (as lessor), provided, that Natixis, New York Branch (or its applicable Affiliate) shall be a party to the Natixis Intercreditor (in its capacity as a metals lessor).”
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Related to Permitted Secured Metals Leases

  • Permitted Security Interest means any Security Interest:

  • Permitted Securitization means, for any Borrower and its Subsidiaries, any sale, assignment, conveyance, grant and/or contribution, or series of related sales, assignments, conveyances, grants and/or contributions, by such Borrower or any of its Subsidiaries of Receivables (or purported sale, assignment, conveyance, grant and/or contribution) to a trust, corporation or other entity, where the purchase of such Receivables may be funded or exchanged in whole or in part by the incurrence or issuance by the applicable Securitization SPV, if any, of Indebtedness or securities (such Indebtedness and securities being “Attributable Securitization Obligations”) that are to be secured by or otherwise satisfied by payments from, or that represent interests in, the cash flow derived primarily from such Receivables (provided, however, that “Indebtedness” as used in this definition shall not include Indebtedness incurred by a Securitization SPV owed to any Borrower or any of its Subsidiaries, which Indebtedness represents all or a portion of the purchase price or other consideration paid by such Securitization SPV for such receivables or interests therein), where (i) any representation, warranty, covenant, recourse, repurchase, hold harmless, indemnity or similar obligations of such Borrower or any of its Subsidiaries, as applicable, in respect of Receivables sold, assigned, conveyed, granted or contributed, or payments made in respect thereof, are customary for transactions of this type, and do not prevent the characterization of the transaction as a true sale under Applicable Laws (including debtor relief laws) and (ii) any representation, warranty, covenant, recourse, repurchase, hold harmless, indemnity or similar obligations of any Securitization SPV in respect of Receivables sold, assigned, conveyed, granted or contributed or payments made in respect thereof, are customary for transactions of this type.

  • Permitted Security means any Security: