Synthetic Lease Facility definition

Synthetic Lease Facility means those documents pertaining to the synthetic lease facility for a building, related parking deck and related furniture, equipment, fixtures and other improvements in Birmingham, Jefferson County, Alabama among Wachovia Capital Investments, Inc. as Lessor and Ground Lessee, LaSalle Bank National Association and SunTrust Bank as Lease Participants, PLICO as Lessee and Ground Lessor, and Borrower as Guarantor dated as of February 1, 2000.

Synthetic Lease Facility means any synthetic lease, tax ownership operating lease, tax retention operating lease, off balance sheet lease or similar lease transaction where the lessee is treated as owner of the leased property for U.S. federal income tax purposes while the lease is accounted for on the financial statements of the lessee, prepared in accordance with GAAP, as an operating lease, including the Current Synthetic Lease Facility.

Synthetic Lease Facility means the Fourth Amended and Restated Lease Agreement, dated as of June 27, 2013, between the Company, as lessee, and SunTrust Bank, as lessor, and each Operative Agreement (as defined therein).

Examples of Synthetic Lease Facility in a sentence

• It is important to have an understanding of what apprenticeship is, how the process works, and how it relates to mentoring.

• Each assignment of Commitments, Revolving Credit Loans and L/C Participating Interests to an Assignee pursuant to this subsection 9.6(c) shall automatically include an assignment to such Assignee of an equal percentage of all the assigning Lender's rights and obligations in respect of the Revolving Synthetic Lease Obligations and commitments to make revolving credit loans under the Synthetic Lease Facility.

• Employers have identified a need for a new entry point on the talent timeline - a Technical Apprenticeship in Fashion and Textiles (SCQF Level 9) to cover the higher level technical roles within the industry and to provide progression for those on a Level 2/3 Modern Apprenticeship in Fashion and Textiles ‘Heritage’.

• No Lender shall make an assignment of its rights and obligations under this Agreement without making a contemporaneous assignment to the same assignee of an equivalent percentage of such Lender’s (or in the case of Wachovia, its affiliate, Wachovia Capital Investments, Inc., or such other affiliate of Wachovia as it may designate) rights and obligations in respect of the Tranche A Loans (as such term is defined in the Synthetic Lease Facility Agreements) under the Synthetic Lease Facility Agreements.

• Each of the Existing Synthetic Lease Facility Documents shall have been amended by the Omnibus Amendment and the Omnibus Amendment shall have been duly executed and delivered by the respective parties thereto, shall be in full force and effect and shall be in form and substance satisfactory to the Syndication Agent.

More Definitions of Synthetic Lease Facility

Synthetic Lease Facility means the Amended and Restated Lease and Agreement dated as of October 7, 1996, and any sublease thereunder, between Lessor and Lessee, as the same may be amended, modified or supplemented from time to time.

Synthetic Lease Facility means the Synthetic Lease entered into by Rite Aid Realty Corp. and guaranteed by the Company on June 27, 2001.

Synthetic Lease Facility the synthetic lease facility provided for ------------------------ in (a) the Participation Agreement, dated as of the date hereof, among the Company, the Trust, the Synthetic Investors, the Lenders and the Administrative Agent, (b) the Lease, dated as of the date hereof, between Harborside of Dayton Limited Partnership, as lessee, and the Trust, as the lessor, and (c) the Credit Agreement, dated as of the date hereof, among the Trust, as borrower, the Lenders, the Arranger, the Co-Arrangers, the Syndication Agent, the Documentation Agent and the Administrative Agent.

Synthetic Lease Facility shall have the meaning provided in the second WHEREAS clause of this Agreement.

Synthetic Lease Facility means the lease to be entered into between State Street Bank and Trust Company, as Corporate Owner Trustee, and Integrated Health Services at Highlands Park, Inc., as Lessee, and the other leases to be entered into by Subsidiaries of the Borrower pursuant to the Participation Agreement to be entered into among the Borrower, Integrated Health Services at Highlands Park, Inc., IHS Development - Highlands Park, Inc., State Street Bank and Trust Company, as Corporate Owner Trustee, an Individual Owner Trustee, the Certificate Holder party thereto, the Note Holders thereto and Citibank, N. A., as Agent."

Synthetic Lease Facility means the synthetic lease facility described in the Participation Agreement.

Synthetic Lease Facility means the $132,000,000 Synthetic Lease Financing Facility provided for under the Participation Agreement, dated as of August 1, 2003, among The Pep Boys — Manny, Moe & Xxxx, The Pep Boys Xxxxx Xxx & Xxxx of California, Pep Boys — Manny, Moe & Xxxx of Delaware, Inc., as the Lessee, the Various Parties Thereto From Time to Time, as Guarantors, Wachovia Development Corporation, as the Borrower and the Lessor, The Various Banks and Other Lending Institutions, Parties Thereto from Time to Time, as the Lenders, and Wachovia Bank, National Association, as the Agent for the Lenders and respecting the Security Documents, as the Agent for the Secured Parties, as the same may be amended, restated, refunded, renewed, replaced or refinanced, in whole or in part, from time to time, provided that any such amendment, restatement, refunding, renewal, replacement or refinancing shall not increase the aggregate principal amount of Debt that may be Incurred thereunder in excess of the amount that may be Incurred under the terms thereof as of the Closing Date.