Warranty Lease definition

Warranty Lease a Lease subject to purchase by IOS Capital as a -------------- result of a breach of a representation or warranty in accordance with the provisions of Section 5.04 of the Assignment and Servicing Agreement.
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Warranty Lease a Lease subject to repurchase by the Transferor as a result of a breach of a representation or warranty in accordance with the provisions of Section 4 of the Assignment and Servicing Agreement.
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Warranty Lease. A Lease subject to repurchase by Vendor Services pursuant to Section 2.6.
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Examples of Warranty Lease in a sentence

  • Upon repurchase and payment of such Warranty Payment with respect to any Warranty Lease Asset, the Seller shall be entitled to receive the Released Warranty Amount, if any.

  • The Lease Assets Schedule shall be updated promptly to reflect the termination of any Lease Asset and the removal of any Lease Asset, including any Liquidating Lease Asset, Administrative Lease Asset or Warranty Lease Asset.

  • Upon payment of the Warranty Payment with respect to any Warranty Lease Asset pursuant to this Section 4.04, ACOLT shall assign to the Seller, without recourse, representation or warranty, all of ACOLT’s right, title and interest in and to such Lease Asset and the other related Sold Assets, such assignment being an assignment outright and not for security; and the Seller shall thereupon own the same free of all further obligation to ACOLT and the Further Holders with respect thereto.

  • The Series 20 -SN Lease Assets Schedule shall be updated promptly to reflect the termination of any Series 20 -SN Lease Asset and the removal of any Series 20 -SN Lease Asset, including any Liquidating Lease Asset, Administrative Lease Asset, or Warranty Lease Asset.

  • The business models are then of the types: Disposal, Ad hoc, Warranty, Lease, Cost-plus, Performance-based and Power by the hour [7].Business models seen from the manufacturer’s point of view could be of the type as described by Allmendinger and Lombreglia [10].

  • Upon payment of the Warranty Payment with respect to any Warranty Lease Asset pursuant to this Section 4.04, ACOLT shall assign to the Seller, without recourse, representation or warranty, all of ACOLT’s right, title and interest in and to such Lease Asset and the other related Sold Assets, such assignment being an assignment outright and not for security; and the Seller shall thereupon own the same free of all further obligation to ACOLT and the ACOLT Further Holders with respect thereto.

  • The Series 2005-SN1 Lease Assets Schedule shall be updated promptly to reflect the termination of any Series 2005-SN1 Lease Asset and the removal of any Series 2005-SN1 Lease Asset, including any Liquidating Lease Asset, Administrative Lease Asset, or Warranty Lease Asset.

  • Upon payment of the Warranty Payment with respect to any Warranty Lease Asset pursuant to this Section 4.04, AFLT shall assign to the Seller, without recourse, representation or warranty, all of AFLT’s right, title and interest in and to such Lease Asset and the other related Sold Assets, such assignment being an assignment outright and not for security; and the Seller shall thereupon own the same free of all further obligation to AFLT and the Further Holders with respect thereto.

  • The Series 2007-SN1 Lease Assets Schedule shall be updated promptly to reflect the termination of any Series 2007-SN1 Lease Asset and the removal of any Series 2007-SN1 Lease Asset, including any Liquidating Lease Asset, Administrative Lease Asset, or Warranty Lease Asset.

  • Upon reallocation and payment of such Warranty Payment with respect to any Warranty Lease Asset, the Residual Certificateholder shall be entitled to receive the Released Warranty Amount, if any.


More Definitions of Warranty Lease

Warranty Lease means a Lease subject to repurchase by ILC as a result of a breach of a representation or warranty in accordance with the provisions of Section 5.2 of the Pooling and Servicing Agreement.
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Related to Warranty Lease

  • 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;

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

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • 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).

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

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

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

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

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

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

  • 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.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • 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.

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

  • 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.

  • 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.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • 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.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

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

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

  • Material Lease has the meaning set forth in Section 3.17(a).

  • Facility Leases means all of the leases of Facilities listed on Schedule 3.7 of the Disclosure Schedules.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.