Lease Proceeds. Lease proceeds are considered normal income security and may be used in accordance with § 765.303.
Lease Proceeds. The Lease Proceeds that Lessor shall pay to the Escrow Agent in connection with this Schedule is $ , which $ is for deposit into the Escrow Account. It is expected that by [six (6)] [twelve (12)] [eighteen (18)] months from the date of this Schedule No. , Lessee will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Escrow Agreement will be signed by Lessee, approved by Lessor and delivered to the Escrow Agent on or before [six (6)] [twelve (12)] [eighteen (18)] months from the date of this Schedule. OR IF VENDOR PAID DIRECTLY USE:
Lease Proceeds. The Lease Proceeds that Lessor shall pay to the Escrow Agent in connection with this Schedule is $6,500,000.00, which $6,500,000.00 is for deposit into the Escrow Fund. It is expected that by eighteen (18) months from the date of this Schedule of Property No. 5, Lessee will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Escrow Agreement will be signed by Xxxxxx, approved by Xxxxxx and delivered to the Escrow Agent on or before eighteen (18) months from the date of this Schedule.
Lease Proceeds. Any proceeds received by the Lessee from the Lessor under this Master Lease shall be deposited directly into an account of the Lessee to acquire the Equipment and will not be placed into an escrow account.
Lease Proceeds. The Lease Proceeds which the Lessor shall pay to the Acquisition Fund Custodian in connection with this Schedule is $ [of which $ is for deposit to the Expense Fund, if any, and the balance is for deposit to the Acquisition Fund].
Lease Proceeds. All rents, fees, lease payments and other amounts due or collected under the Leases in respect of the Containers. Lender(s). Individually, each of the banks or financial institutions (including, without limitation, any Conduit Lenders) signatory hereto or which may provide additional commitments and become a party to this Agreement as a Lender hereunder, as set forth in Schedule 4, as it may be amended from time to time, and each of their respective successors and permitted assigns and collectively, all such banks or other financial institutions and their respective successors and permitted assigns. Lessee. A person that is contractually obligated to make rental and other payments under a Lease, including any guarantor of such obligations.
Lease Proceeds. The total principal amount of the Lease Proceeds that Lessor shall pay to the Lessee in connection with this Schedule is $572,485.00, which $572,485.00 is for deposit into the restricted account established by Lessee pursuant to the Restricted Account Agreement dated October 15, 2021 (the “Restricted Account Agreement”) to be disbursed in accordance with the terms of the Restricted Account Agreement and this Lease. It is expected that by twelve (12) months from the date of this Schedule, Xxxxxx will have taken possession of all items of Equipment shown above and that the Lessee’s final Disbursement Request pursuant to the Restricted Account Agreement will be signed by Lessee, approved by Lessor and delivered to the Lessee on or before twelve (12) months from the date of this Schedule.
Lease Proceeds. All money received from a lease entered into under subsection (b) shall be retained by the Superintendent of the Naval Academy and shall be available to cover ex- penses related to the property described in sub- section (a), including reimbursing nonappropri- ated fund instrumentalities of the Naval Acad- emy.
Lease Proceeds. All rents, fees, lease payments and other amounts due or collected under the Leases in respect of the Containers. Lender(s). Individually, each of the banks or financial institutions signatory hereto or which may provide additional commitments and become a party to this Agreement as a Lender hereunder, as set forth in Schedule 4, as it may be amended from time to time, and each of their respective successors and permitted assigns and collectively, all such banks or other financial institutions and their respective successors and permitted assigns. Lessee. A person that is contractually obligated to make rental and other payments under a Lease, including any guarantor of such obligations.
Lease Proceeds. The Acquisition Amount for the Equipment listed in this Schedule to be paid to the Vendor (or reimbursed to Lessee) is $191,583.96.
