Additional Lease Financing definition

Additional Lease Financing means one or more lease financings, other than any Permitted Lease Financing, of Manufacturing Equipment or other equipment, pursuant to leases and related documentation (including leveraged leases and single investor leases) to be entered into by the Borrower or any Subsidiary, as lessee, and one or more institutional equity investors or agents or affiliates thereof or one or more banks or trust companies or agents or affiliates thereof acting as trustee for one or more institutional equity investors or agents or affiliates thereof, as lessor, after the Closing Date and prior to the termination of this Agreement. Any such lease shall contain terms and conditions substantially as set forth on Schedule C and other customary terms and conditions not inconsistent with Schedule C that are approved by the Administrative Agent (such approval not to be unreasonably withheld).
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Examples of Additional Lease Financing in a sentence

  • The proceeds of Revolving Loans (except as described above) will be used for general corporate purposes, including the financing of purchases by the Borrower of Manufacturing Equipment or other equipment in connection with or prior to any Permitted Lease Financing or Additional Lease Financing.

Related to Additional Lease Financing

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).