User Leases definition

User Leases shall have the meaning set forth in Section 2.1(b).
Sample 1Sample 2Sample 3
User Leases shall have the meaning set forth in Section 1 of the Head Lessee Security Agreement dated as of February 9, 2001, between the Owners, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.
Sample 1

Examples of User Leases in a sentence

  • No such resignation shall become effective unless and until a new servicer is willing to service the User Leases and enters into a servicing agreement with the Trust, such agreement to have substantially the same provisions as this Agreement.

  • Each Servicing Agreement shall specify various duties, powers, liabilities, obligations and compensation of the Servicer with respect to the administration and servicing of those Trust Assets as to which such Servicing Agreement applies, including, without limitation, Leased Vehicles and User Leases.

  • The Servicer shall execute on behalf of the Trust all approved User Leases arranged by the Dealer.

  • The Servicer shall acquire or enter into on behalf of the Trust, in its ordinary course of business, User Leases with End Users approved by the Servicer.

  • 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 Servicer agrees that its origination, underwriting and servicing of the User Leases for the benefit of the Trust shall be carried out in accordance with Customary Servicing Practices with respect to similar types of vehicles.

  • Buyer acknowledges that the right to receive the Assigned Rent, and the Lease, are each encumbered by and subordinate to the rights of the Lender under the Senior Lien, and the rights of any Users under the User Leases.

  • Enforcement of User Leases; Repossession and Sale of Leased Vehicles.......................................8 Section 2.7. Servicer to Act on Behalf of Trust.......................9 Section 2.8. Third Party Claims.......................................9 Section 2.9. Insurance Policies....................................

  • Remarketing shall include the sale (including, without limitation, any installment or conditional sale, whether in the form of a lease or otherwise or any trade-in of Equipment), re-lease or renewal of any existing lease of the Equipment (such re-leases and existing leases are to be collectively referred to herein as the "User Leases") to either the person leasing the Equipment immediately prior to the remarketing or to a new user (collectively, the "Users").

  • Each UTI Servicing Agreement shall specify various duties, powers, liabilities, obligations and compensation of the Servicer with respect to the administration and servicing of the UTI Assets as to which such UTI Servicing Agreement applies, including, without limitation, Leased Assets and User Leases.

Related to User Leases

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Ground Leases shall have the meaning set forth in Section 4.15.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Subleases means the Sublease(s) of even date herewith by and between the District and Contractor together with any duly authorized and executed amendment hereto under which the District subleases the Site from the Contractor.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

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

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • Material Leases has the meaning set forth in Section 3.7(a).

  • 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).

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.