ALLIED Leasing definition

ALLIED Leasing means the AGI subsidiary, ALLIED Group Leasing Corporation, an Iowa corporation.
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Examples of ALLIED Leasing in a sentence

  • Lease rates and terms for property leased by ALLIED Leasing to companies in the ALLIED Group shall be as negotiated and mutually agreed by the parties, or as determined by the Coordinating Committee from time to time in the event of a dispute as to such rates or terms.

  • The term "ALLIED Leasing" shall mean the AGI subsidiary, ALLIED Group Leasing Corporation, an Iowa corporation.

  • Nothing herein shall require ALLIED Leasing to lease property to companies in the ALLIED Group or to require companies in the ALLIED Group to lease any property from ALLIED Leasing except as they may mutually agree.

  • The term "AGI Subsidiaries" shall mean AMCO, APC, Depositors, ALLIED Group Mortgage Corporation, ALLIED Leasing, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Inc., the ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Subsidiaries, the AMCO Subsidiaries, and any subsidiary added as a party hereto pursuant to the procedure set forth in Section 10.2; provided, that any subsidiary deleted as a party pursuant to said procedure shall no longer be included in the definition of such term.

  • ALLIED Leasing presently owns certain motor vehicles and other items of personal property and equipment listed in the ALLIED Group Leasing Corporation Asset Inventory and Lessee List (the "ALLIED Leasing Inventory") which are utilized by persons who serve the Pool or one or more of the companies in the ALLIED Group.

  • The cost of those vehicles and items of personal property leased by ALLIED Leasing shall be allocated to the members in the ALLIED Group based on actual usage, at rates that are set forth in the leases in effect as of the date of this Agreement.

Related to ALLIED Leasing

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

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Financeable Ground Lease means, a ground lease reasonably satisfactory to the Administrative Agent on behalf of the Lenders, which must provide customary protections for a potential leasehold mortgagee (“Mortgagee”) such as (i) a remaining term, including any optional extension terms exercisable unilaterally by the tenant, of no less than 25 years, (ii) a provision that the ground lease will not be terminated until the Mortgagee has received notice of a default, has had a reasonable opportunity to cure and has failed to do so, (iii) provision for a new lease to the Mortgagee as tenant on the same terms if the ground lease is terminated for any reason, (iv) transferability of the tenant’s interest under the ground lease by the Mortgagee without any requirement for consent of the ground lessor unless based on delivery of customary assignment and assumption agreements from the transferor and transferee, (v) the ability of the tenant to mortgage tenant’s interest under the ground lease without any requirement for consent of the ground lessor and (vi) provisions that the tenant under the ground lease (or the leasehold mortgagee) has customary protections with respect to the application of insurance proceeds or condemnation awards attributable to the tenant’s interest under the ground lease and related improvements.

  • Leased Real Estate means all leasehold or subleasehold estates and other rights to use or occupy any land, buildings, structures, improvements, fixtures, or other interest in real property held by the Company or any of its Subsidiaries.