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

• LP By: Healthworth Associates I, L.L.C. By:__________________________________________ Name: Title: Acknowledged and accepted with respect to Article V: MELLON BANK, N.A., as Administrative Agent under the Credit Agreement and Agent under the Synthetic Lease Facility By:________________________________________ Name: Title: EXHIBIT A Joinder The undersigned hereby agrees to be bound to the attached Amended and Restated Stockholders Agreement as a Non-Genesis Stockholder in accordance with the terms thereof.

• There shall have occurred and be continuing any "Lease Event of Default" or "Loan Event of Default" as such terms are defined in the documents relating to the Synthetic Lease Facility.

• The New Synthetic Lease Facility Documents 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.

• 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.

• There will not be any increase in amount of the Synthetic Lease Facility.

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 entered into by Rite Aid Realty Corp. and guaranteed by Rite Aid on the Closing Date having an aggregate discounted present value of approximately $107,000,000.

Synthetic Lease Facility means the Synthetic Lease Financing evidenced by the Agreement for Lease and Leacx Xxxeement, each dated September 9, 1999, among TCA Network Funding, L.P., TA Operating Corporation and National Auto/Truckstops, Inc.