User Lease definition

User Lease has the meaning set forth in the Trust Agreement.
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User Lease means any car service contract or other lease of one or more Cars or any separate schedule or rider to a master car service contract or other lease and which schedule or rider incorporates by reference all of the terms and conditions of such master contract or lease other than those in other schedules or riders thereto or as specifically identified in such schedule or rider.
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User Lease. This term shall have the meaning set forth in Section 1 of the Head Lessee Security Agreement.
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Examples of User Lease in a sentence

  • Unless otherwise agreed upon by the Authorized User, Lease Vehicles shall be titled to the Lease Provider throughout the term of the Lease.

  • In the event that any User Lease becomes a Charged-off Lease or, if earlier, the related Leased Vehicle is repossessed, then the related Security Deposit, to the extent permitted by such User Lease and applicable law, shall thereby become a Collection.

  • If the Servicer shall commence a legal proceeding to enforce a User Lease, the Trust shall thereupon be deemed to have automatically assigned, solely for the purpose of collection on behalf of the Trust, its interest in such User Lease and the related Leased Vehicle to the Servicer to the extent necessary for the purposes of participating in such proceeding.

  • The Servicer shall use commercially reasonable efforts (consistent with its Customary Servicing Practices with respect to similar types of vehicles) to enforce the provisions of the User Leases and to repossess or otherwise take possession of the Leased Vehicle related to any User Lease that shall have terminated or expired or that the Servicer shall have determined (in accordance with its Customary Servicing Practices) to be in default.

  • The obligations of the Servicer pursuant to this Section 2.1(b)(i) shall survive any partial or complete termination of the Servicer pursuant hereto for any User Lease entered into prior to the termination of this Agreement.

  • Notwithstanding the foregoing, the Manager will not be obligated to make a Manager Advance with respect to (i) any defaulted User Lease, or (ii) any User Lease if the Manager, in its reasonable good faith judgment, believes that such Manager Advance would not be recoverable from corresponding remittance from the User on the related User Lease.

  • If in any enforcement suit or legal proceeding it is held that the Servicer may not enforce a User Lease on the grounds that it is not the real party in interest or a holder entitled to enforce such User Lease, the Trust shall, at the expense and direction of the Servicer, take steps to enforce the User Lease, including bringing suit in the Trust's name.

  • Each Remarketing Schedule shall identify only Equipment which has been leased pursuant to one particular User Lease.

  • Lessor shall convey the Off-Lease Item to Lessee free and clear of any liens, claims or encumbrances created by, through or under Lessor, other than any underlying lien and the User Lease, if any, then in effect.

  • If in any enforcement suit or legal proceeding it shall be held that the Servicer may not enforce a User Lease on the grounds that it shall not be the real party in interest or a holder entitled to enforce such User Lease, the Trust shall, at the expense and direction of the Servicer, take steps to enforce the User Lease, including bringing suit in the Trust’s name.


More Definitions of User Lease

User Lease shall have the meaning set forth in Section 1 of the Head Lessee Security Agreement.
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User Lease means an agreement between Seller or an Affiliate of
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User Lease means an agreement between Seller or an Affiliate of ---------- Seller, on the one hand, and a third party not Affiliated with Seller, on the other hand, pursuant to which Seller or such Affiliate rents to such third party space on a Tower and/or in a Building.
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User Lease means any lease of one or more Securitization Compressors entered into with a User, as lessee, together with all schedules, exhibits, riders, amendments, modifications and supplements thereto.
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User Lease means a lease contract of Vehicles, other equipment and/or other tangible property or assets.
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User Lease means the User Lease Agreement (SDMFA-2003-KLease Agreement (SDMFA-2003-F1), dated as of the Closing Date, between the State, as the User Lessor, and the User, as the User Lessee.
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Related to User Lease

  • Master Lease This schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CARDIMA, INC. COMDISCO, INC. as Lessee as Lessor By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ By: ------------------ ------------------------------- Title: Title: --------------- ----------------------------- Date: Date: ---------------- ----------------------------- 18 SLXXXXX-XX EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.