Affected Lease definition

Affected Lease with respect to each Subsidiary of the Borrower, each lease by such Subsidiary (as lessee) of property, plant or equipment that is characterized or re-characterized as a Capital Lease.
View Source
Affected Lease shall have the meaning ascribed to such term in Section 4.1(b). “Affiliate” - shall have the meaning ascribed to such term in Section 5.2.
View Source
Affected Lease shall have the meaning ascribed to such term in Section 4.1(b).
View Source

Examples of Affected Lease in a sentence

  • Permit any Subsidiary of the Borrower to create, incur, assume or suffer to exist any liability for Indebtedness, except Indebtedness which, when aggregated with all Indebtedness of the Subsidiaries of the Borrower (other than (a) Excluded Receivables Indebtedness, (b) any Indebtedness in respect of undrawn trade letters of credit, and (c) Indebtedness under each Affected Lease), does not exceed 10% of Tangible Net Worth.

  • In addition, funds in excess of the projected amount necessary to pay for such leasing costs may be withdrawn from such reserve and deposited into the Borrower’s Operating Account (as defined in the Cash Management Agreement) on a monthly basis in equal monthly disbursements amortized over the remaining term of the Affected Lease.

  • Borrower shall be permitted to withdraw funds from such impounds to pay leasing costs for re-leasing the space demised under the Affected Lease when such costs are incurred.

  • Trustor shall be permitted to withdraw funds from such impounds to pay leasing costs for releasing the space demised under the Affected Lease when such costs are incurred.

  • If the Borrower issues an Affected Lease Election Notice or if, in the reasonable opinion of the Agent, the Borrower (or any other Obligor) fails to take appropriate action to terminate the Affected Lease as soon as reasonably practicable, the Borrower shall make a mandatory partial prepayment in accordance with sub-clause 8.5.2(e) or 8.5.2(f), as applicable.

  • In addition, funds in excess of the projected amount necessary to pay for such leasing costs may be withdrawn from such reserve and deposited into the Clearing Account (as defined in the Cash Management Agreement) on a monthly basis in equal monthly disbursements amortized over the remaining term of the Affected Lease.

  • Mortgagor shall be permitted to withdraw funds from such impounds to pay leasing costs for releasing the space demised under the Affected Lease when such costs are incurred.

  • All such sums received by Lender with respect to any Affected Lease shall be deemed impounds and shall be deposited by Lender into a pledged account.

  • In addition, funds in excess of $20/square foot may be withdrawn from such reserve and deposited into the Trustor’s Operating Account (as defined in the Cash Management Agreement) on a monthly basis in equal monthly disbursements amortized over the remaining term of the Affected Lease.

  • For purposes of this Section 11.15, any such Tower Lease or Acquired Spectrum Lease with respect to which any Seller suspends any such payments shall be referred to as an "Affected Lease".

Related to Affected Lease

  • Affected land means the area of land from which overburden has been removed or upon which overburden has been deposited, or land which has otherwise been disturbed, changed, influenced, or altered in any way in the course of mining, including processing and stockpile areas but not including roads.

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • Affected Loan has the meaning specified in Section 3.04.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].