Common use of Early Termination Lease Clause in Contracts

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 2 contracts

Sources: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables Funding LLC)