Warranty Lease Asset definition

Warranty Lease Asset. As set forth in Section 4.04 of the Sale and Contribution Agreement.
Sample 1Sample 2Sample 3
Warranty Lease Asset. As set forth in Section 4.03 of the Allocation Agreement.
Sample 1
Warranty Lease Asset any Series 200_-__ Lease Asset that the Seller is required to repurchase pursuant to Section 4.04 of the COLT Sale and Contribution Agreement.
Sample 1

Examples of Warranty Lease Asset 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.

  • 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 200_-_ Lease Assets Schedule shall be updated promptly to reflect the termination of any Series 200_-_ Lease Asset and the removal of any Series 200_-_ Lease Asset, including any Liquidating Lease Asset, Administrative Lease Asset, or Warranty Lease Asset.

  • 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 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.

  • If the Residual Certificateholder fails to deposit the related Warranty Payment into the ABLT Collection Account when required pursuant to the immediately preceding sentence, the Seller shall purchase such Warranty Lease Asset.

  • 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.

Related to Warranty Lease Asset

  • 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).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

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

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • 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.

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

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • 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.

  • Assumed Leases has the meaning set forth in Section 2.1(l).

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

  • 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.

  • Lease Assignment has the meaning set forth in Section 3.6(d).

  • 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.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Administrative Agent's reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • Rent Roll shall have the meaning set forth in Section 3.18 hereof.

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property, other than any such leasehold interest designated from time to time by Collateral Agent in its sole discretion as not being required to be included in the Collateral.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • 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:

  • 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).

  • Warranty Xxxx of Sale means the warranty (as to title) xxxx of sale covering the Aircraft executed by Manufacturer or an affiliate of Manufacturer in favor of Company and specifically referring to each Engine, as well as the Airframe, constituting a part of the Aircraft.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

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