Vendor Lessor definition

Vendor Lessor means any Person who leases Inventory or Rental Equipment to Holdings, a Borrower or a Guarantor pursuant to a Vendor Lease.

Vendor Lessor means a Person who leases Goods (as defined in the UCC) to another Person pursuant to a Vendor Lease.

Vendor Lessor means any Person who leases Inventory or Rental Equipment to Holdings, a Borrower or a Guarantor pursuant to a Vendor Lease. “Voting Stock” means any class or classes of Capital Stock pursuant to which the holders thereof have the general voting power under ordinary circumstances to elect a majority of the board of directors, managers or trustees of any Person (irrespective of whether or not, at the time, stock of any other class or classes shall have, or might have, voting power by reason of the happening of any contingency). “Waterfall Priority Hedge Agreement” means a Hedge Agreement constituting a Bank Product entered into with an Obligor for which the Agent has received a Waterfall Priority Hedge Agreement Reserve Notice that remains in effect; provided that such Hedge Agreement shall constitute a Waterfall Priority Hedge Agreement only to the extent of the Waterfall Priority Hedge Agreement Reserve therefor. “Waterfall Priority Hedge Agreement Reserve” means, with respect to a Waterfall Priority Hedge Agreement, a reserve in an amount equal to the maximum Designated Bank Products Obligations in respect thereof set forth in the Waterfall Priority Hedge Agreement Reserve Notice therefor (as updated from time to time in accordance with the definition thereof) received by the Agent. “Waterfall Priority Hedge Agreement Reserve Notice” means, with respect to a Hedge Agreement constituting a Bank Product entered into with an Obligor, a written notice by the provider of such Hedge Agreement and the Borrowers’ Agent to the Agent, in form and substance reasonably satisfactory to the Agent, delivered to the Agent within 10 Business Days (or such later date as shall be agreed to by the Agent in its sole discretion) after the later of the Closing Date and the date of creation of such Hedge Agreement that (a) describes such Hedge Agreement in reasonable detail (including the date and parties to such Hedge Agreement) and (b) sets forth the maximum Designated Bank Products Obligations in respect of such Hedge Agreement to be secured by the applicable Collateral, as such notice may be updated from time to time (not more often than once per calendar month except to permanently revoke such notice), pursuant to a writing, in form and substance reasonably satisfactory to the Agent, by the provider of such Hedge Agreement and the Borrowers’ Agent received by the 67 [[5848018]][[DMS:6312716v7:05/07/2024--04:04 PM]] 4861-2153-1574 v.2

Examples of Vendor Lessor in a sentence

• Lessor shall have received evidence that: (i) upon paying the purchase price of the Equipment to the Vendor, Lessor shall have good title, free of Liens and a precautionary first priority security interest in such Equipment; and (ii) placement of such Equipment at the location set forth on the Schedule will not cause any Lien in favor of any Person other than Lessor to attach to such Equipment.

• Lessee acknowledges that Lessor has apprised Lessee of the identity of the Vendor, Lessor hereby notifies Lessee that Lessee may have rights pursuant to the contract with the Vendor and/or Manufacturer and Lessee may contact the supplier for a description of any rights or warranties that Lessee may have under this contract.

• In either case, in return for such payment to the Vendor, Lessor has received a Bill of Sale or Invoice from the Vendor conveying a 100% interest in the Equipment to the Lessor.

• Nothing in this Agreement shall impose upon Lessee any obligation to purchase or lease any equipment from Vendor, Lessor or any other person prior to its execution of a Purchase Order.

More Definitions of Vendor Lessor

Vendor Lessor means a Person who leases Goods (as defined in the Uniform Commercial Code) to another Person.

Vendor Lessor a Person who leases Goods to another Person pursuant to Vendor Lease. SCHEDULE 4.4 CONSENTS, AUTHORIZATIONS, FILINGS AND NOTICES SCHEDULE 4.15 SUBSIDIARIES; CAPITAL STOCK SCHEDULE 4.17 ENVIRONMENTAL MATTERS SCHEDULE 4.19 UCC FILING JURISDICTIONS Loan Party Filing Office SCHEDULE 7.2(d) EXISTING INDEBTEDNESS SCHEDULE 7.3(f) EXISTING LIENS SCHEDULE 7.5(j) DISPOSITIONS

Vendor Lessor means any Person who leases Inventory or Rental Equipment to Holdings, a Borrower or a Guarantor pursuant to a Vendor Lease. “Voting Stock” means any class or classes of Capital Stock pursuant to which the holders thereof have the general voting power under ordinary

Vendor Lessor means any Person who leases Inventory or Rental Equipment to Holdings, a Borrower or a Guarantor pursuant to a Vendor

Vendor Lessor means a Person who leases Goods (as defined in the UCC) to another Person pursuant to a Vendor Lease. “Wholly Owned Subsidiary” means, as to any Person, any other Person all of the Equity Interests of which (other than directors’qualifying shares required by law) is owned by such Person directly and/or through other Wholly Owned Subsidiaries.