Predecessor Lease definition

Predecessor Lease. As defined in Section 9.1.

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Predecessor Lease means any lease entered into by Lessee with respect to the Aircraft prior to the Delivery Date.

Predecessor Lease as defined in Section 5.01 hereof.

Examples of Predecessor Lease in a sentence

The Transferor shall promptly deliver to the Trustee (or a custodian on its behalf) the original executed counterpart of each Substitute Lease and Early Termination Lease assigned to the Issuer pursuant to Section 9.01 hereof and the Issuer shall promptly request the Trustee to deliver to the Transferor the original executed counterpart of each Predecessor Lease for which substitution has been made pursuant to Section 11.01 hereof.
Upon any substitution of Leases in accordance with the provisions of this Section 9, the Seller's and the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but the Seller and the Servicer shall each thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.
Upon any substitution of Leases in accordance with the provisions of this Section 9, the Transferor's and the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but the Transferor and the Servicer shall each thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.
Each Pool Factor will be initially 1.0000000, and thereafter will decline to reflect reductions in the outstanding principal balance of the applicable class of Notes Predecessor Lease - Section 11.01 hereof.
Upon any substitution of Leases in accordance with the provisions of this Section 9, Vendor Services' and the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but Vendor Services and the Servicer shall each thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.
The Servicer shall promptly deliver to the Trustee (or a custodian on its behalf) the original executed counterpart of each Substitute Lease and each Additional Lease assigned to the Issuer pursuant to Section 8.01 hereof and the Issuer shall promptly request the Trustee to deliver to the Servicer the original executed counterpart of each Predecessor Lease and each Early Termination Lease for which a substitution or an addition has been made pursuant to Section 8.01 hereof.
Vendor Services shall promptly deliver to the Servicer the original executed copy of each Substitute Lease assigned to Lease Finance pursuant to Section 2.2(a) and the related Lease File and Lease Finance shall promptly request the Servicer to deliver to Vendor Services the original executed copy of each Predecessor Lease for which substitution has been made pursuant to Section 2.2(a) hereof and the related Lease File.
The Transferor shall promptly cause to be delivered to the Trustee (or a custodian on its behalf) the original executed counterpart of each Substitute Lease and Additional Lease assigned to the Issuer pursuant to Section 5.01 hereof and the Issuer shall promptly request the Trustee to deliver to the Transferor the original executed counterpart of each Predecessor Lease and each Early Termination Lease for which substitution or an addition has been made pursuant to Section 7.01 hereof.
Vendor Services shall promptly deliver to the Servicer the original executed copy of each Substitute Lease assigned to the Contributor pursuant to Section 9.1 hereof and the related Lease File and the Contributor shall promptly request the Servicer to deliver to Vendor Services the original executed copy of each Predecessor Lease for which substitution has been made pursuant to Section 9.1 hereof and the related Lease File.
Upon any substitution of Leases in accordance with the provisions of this Article V, the Seller's obligations hereunder with respect to the Predecessor Lease shall cease but the Seller shall thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.

More Definitions of Predecessor Lease

Predecessor Lease for purposes of the Pooling and Servicing Agreement, is defined in Section 5.4(a) of the Pooling and Servicing Agreement, and for purposes of the Contribution Agreement, is defined in Section 4.3(a) of the Contribution Agreement.

Predecessor Lease as defined in Section 5.01 hereof. Schedule of Leases - the schedule of Leases, annexed hereto as Schedule 1 as may be amended from time to time. Servicing Agreement - the Servicing Agreement dated as of August 1, 1999 among Charter Equipment Lease 1999-1 LLC, LaSalle Bank National Association, as Trustee and Charter Financial, Inc. as the same may be amended or modified from time to time in accordance with the provisions hereof and thereof. Substitute Lease - as defined in Section 5.01 hereof. Transfer Taxes - as defined in Section 3.19 hereof. To the extent capitalized terms are used herein which are not otherwise defined, such terms shall have meanings defined in the Servicing Agreement.

Predecessor Lease means the Lease Agreement (N501XJ), dated as of April 25, 1997, between Lessee and Mesaba Aviation Inc.

Predecessor Lease has the meaning specified in Section 3.08.

Predecessor Lease means the Lease Agreement (N XJ), dated as of [____________, ____], between Lessee and Mesaba Aviation Inc.

Predecessor Lease means the Sublease Agreement [NW 200 ], dated as of , 200 , between Sublessor and Sublessee.]