Common use of Early Lease Termination Clause in Contracts

Early Lease Termination. the termination of a Lease by reason of the ----------------------- prepayment in full thereof prior to its original stated maturity. Early Termination Lease - a Lease as to which there has been an Early ----------------------- Lease Termination. Eligible Lease - a Lease that satisfies the representations and -------------- warranties set forth in Section 2.04, 2.05(b) and 2.08 and, in the case of a Substitute Lease or Additional Lease, the applicable requirements of Section 11. Equipment - all units or items of equipment and related property from --------- time to time subject to any Lease. ERISA - the Employee Retirement Income Security Act of 1974, as ----- amended.

Appears in 3 contracts

Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC)

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Early Lease Termination. the termination of a Lease by reason of the ----------------------- prepayment in full thereof prior to its original stated maturity. Early Termination Lease - a Lease as to which there has been an Early Lease ----------------------- Lease Termination. Eligible Lease - a Lease that satisfies the representations and warranties -------------- warranties set forth in Section 2.04, 2.05(b) and 2.08 and, in the case of a Substitute Lease or Additional Lease, the applicable requirements of Section 11. Equipment - all units or items of equipment and related property from time --------- time to time subject to any Lease. ERISA - the Employee Retirement Income Security Act of 1974, as ----- amended.. -----

Appears in 1 contract

Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)

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