Subsidiary Equipment Agreement definition

Subsidiary Equipment Agreement has the meaning set forth in Section 14.1 of the Equipment Agreement.
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Subsidiary Equipment Agreement has the meaning set forth in Section 14.1 of the Equipment Agreement. "Supplemental Payments" means all amounts, liabilities and obligations which Obligor assumes or agrees to pay hereunder to Obligee or others, including payments of Casualty Loss Value, Estimated Residual Value and indemnities, but excluding Equipment Payment. "Taxes" has the meaning set forth in Section 8.2 of the Participation Agreement. "Term" for each Item of Equipment means the period from and including the Acceptance Date thereof and ending on the last day of the Basic Term thereof or, if renewed, the last Renewal Term thereof. "Termination Date" for each Item of Equipment means the last day of the Basic Term therefor, or if the Term of such Item has been renewed pursuant to Section 25.1 of the Equipment Agreement, the last day of the then current Renewal Term of such Item. "Transfer Option Amount" has the meaning set forth in Section 25.2 of the Equipment Agreement. "Trust" means the trust created by the Trust Agreement. "Trust Agreement" means that certain Trust Agreement by and between Trust Company and Owner Participant, dated as of September , 1999, as amended, supplemented or modified from time to time. "Trust Company" means State Street Bank and Trust Company of Connecticut, National Association, a national banking association, and its successors and assigns, each in its individual capacity. "Trust Company Liabilities" has the meaning set forth in Section 6.11 of the Trust Agreement. "Trust Estate" means all of the estate, right, title and interest of Obligee, solely in its capacity as Owner Trustee under the Trust Agreement, and as Obligee in and to the Participation Agreement and the Equipment Agreement and all documents related hereto and to the Equipment, and all proceeds thereof, including, without limitation, all Equipment Payment, insurance proceeds and Supplemental Payments, but excluding any Excepted Payments. "UCC" means the Uniform Commercial Code, as in effect in any applicable jurisdiction.
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Examples of Subsidiary Equipment Agreement in a sentence

  • Obligor shall promptly deliver to Security Trustee the original counterpart of each Subsidiary Equipment Agreement and shall provide prompt notice to Corporate Obligee (including the name and address of the lessee) of any lease or sublease to or financing agreement with a third party having a term coterminous with the then current Term of the Items of Equipment subject to such lease, sublease or financing agreement.

  • Obligor hereby grants, bargains, assigns, transfers, conveys and pledges to Obligee a security interest in and Lien upon the Equipment, this Equipment Agreement, each Subsidiary Equipment Agreement and Security Document and all proceeds thereof as collateral security for the payment and performance by Obligor of Obligor's obligations as Obligor under the Operative Documents.

  • Obligor shall promptly deliver to Security Trustee the original counterpart of each Subsidiary Equipment Agreement and shall provide prompt notice to Obligee (including the name and address of the lessee) of any lease or sublease to or financing agreement with a third party having a term coterminous with the then current Term of the Items of Equipment subject to such lease, sublease or financing agreement.

  • Obligor hereby grants, bargains, assigns, transfers, conveys and pledges to Corporate Obligee a security interest in and Lien upon all of its right, title and interest in, to and under the Equipment, this Equipment Agreement, each Subsidiary Equipment Agreement and each Security Document to which it is a party and all proceeds thereof as collateral security for the payment and performance by Obligor of Obligor’s obligations as Obligor under the Operative Documents.

Related to Subsidiary Equipment Agreement

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • X-ray equipment means an x-ray system, subsystem, or component thereof. Types of x-ray equipment are as follows:

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Ancillary equipment means any device including, but not limited to, such devices as piping, fittings, flanges, valves, and pumps, that is used to distribute, meter, or control the flow of hazardous waste from its point of generation to a storage or treatment tank(s), between hazardous waste storage and treatment tanks to a point of disposal onsite, or to a point of shipment for disposal off-site.

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

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Existing Equipment means any items of existing plant or equipment owned or controlled by either Pur- chaser or End-User upon which Supplier is required to perform Services.

  • Permitted Lock-Up Agreement means an agreement (the “Lock-up Agreement”) between a Person and one or more holders of Voting Shares (each holder referred to herein as a “Locked-up Person”), the terms of which are publicly disclosed and a copy of which is made available to the public, including the Corporation, pursuant to which such holders agree to deposit or tender Voting Shares to a Take-over Bid (the “Lock-up Bid”) made by the Person or any of such Person’s Affiliates or Associates or any other Person referred to in clause (iii) of the definition of Beneficial Owner, whether such Lock-up Bid is made before or after the Lock-up Agreement is signed, provided that: (i) the Lock-up Agreement permits the Locked-up Person to terminate its agreement to deposit or tender to or to not withdraw Voting Shares from the Lock-up Bid in the event a “Superior Offer” is made to the Locked-up Person. For purposes of this subsection, a “Superior Offer” is any Take-over Bid, amalgamation, arrangement or similar transaction pursuant to which the cash equivalent value of the consideration per share to be received by holders of the Voting Shares under such transaction (the “Superior Offer Consideration”) is greater than the cash equivalent value per share to be received by holders of Voting Shares under the Lock-up Bid (the “Lock-up Bid Consideration”). Notwithstanding the foregoing, the Lock-up Agreement may require that the Superior Offer Consideration must exceed the Lock-up Bid Consideration by a specified percentage before such termination rights take effect, provided such specified percentage is not greater than 7%. For greater clarity, the Lock-up Agreement may contain a right of first refusal or require a period of delay to give the Person who made the Lock-up Bid an opportunity to match a higher price in another Take-over Bid or transaction or similar limitation on the Locked-up Person’s right to withdraw Voting Shares from the agreement, so long as the limitation does not preclude the exercise by the Locked-up Person of the right to withdraw Voting Shares during the period of the other Take-over Bid or transaction; and (ii) no “break-up” fees, “top-up” fees, penalties, expenses, or other amounts that exceed, in the aggregate, the greater of:

  • JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Generation Interconnection Agreement means the large generator interconnection agreement to be entered into separately between Seller and Interconnection Provider concerning the Interconnection Facilities.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Committed Equipment Line is a Credit Extension of up to Five Million Dollars ($5,000,000).

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Rental agreement or "lease agreement" means all agreements, written or oral, and valid rules and

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sublicense agreement, distribution agreement, services agreement, intellectual property rights transfer agreement, any related agreements or similar agreements, in each case where all parties to such agreement are one or more of the Company or a Restricted Subsidiary.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

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

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Additional Equipment means equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

  • Accessory equipment means any equipment associated with the installation of a wireless telecommunications facility, including but not limited to cabling, generators, fans, air conditioning units, electrical panels, equipment shelters, equipment cabinets, equipment buildings, pedestals, meters, vaults, splice boxes, and surface location markers.