{"component": "definition", "props": {"groups": [{"size": 57, "snippet": "means, as of any date of determination, a Lease for a Property that satisfies all of the following:", "snippet_links": [{"key": "date-of-determination", "type": "clause", "offset": [17, 38]}], "samples": [{"hash": "jO2Ib2mUoTt", "uri": "/contracts/jO2Ib2mUoTt#eligible-lease", "label": "Loan Agreement (Vinebrook Homes Trust, Inc.)", "score": 32.9411354065, "published": true}, {"hash": "6YSjbhHZCjY", "uri": "/contracts/6YSjbhHZCjY#eligible-lease", "label": "Loan Agreement (Invitation Homes Inc.)", "score": 30.4373722076, "published": true}, {"hash": "lgFU9sjDAHg", "uri": "/contracts/lgFU9sjDAHg#eligible-lease", "label": "Loan Agreement (Front Yard Residential Corp)", "score": 29.9472961426, "published": true}], "hash": "81a39b51172f0dda82098a6e0b598be3", "id": 1}, {"size": 42, "snippet": "means a Closed-End Lease:", "snippet_links": [], "samples": [{"hash": "97WooEMLPXg", "uri": "/contracts/97WooEMLPXg#eligible-lease", "label": "Indenture (World Omni LT)", "score": 37.2272415161, "published": true}, {"hash": "fp3cIJs8PzJ", "uri": "/contracts/fp3cIJs8PzJ#eligible-lease", "label": "Indenture (World Omni LT)", "score": 37.2108154297, "published": true}, {"hash": "FEErn9DOX", "uri": "/contracts/FEErn9DOX#eligible-lease", "label": "Indenture (World Omni LT)", "score": 33.2792625427, "published": true}], "hash": "595d083f021ee798fc18198eb5f213a3", "id": 2}, {"size": 37, "snippet": "means a Lease that has been validly assigned to the Vehicle Trust by a Center as of the Closing Date and for which the related Vehicle is one which the Vehicle Trust or the Vehicle Trustee on behalf of the Vehicle Trust shall have good and marketable title as of the Closing Date.", "snippet_links": [{"key": "the-vehicle", "type": "clause", "offset": [48, 59]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [78, 100]}, {"key": "related-vehicle", "type": "definition", 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which the related 2011-1 Vehicle is one which the Trust or the Vehicle Trustee on behalf of the Trust shall have good and marketable title as of the Closing Date.", "snippet_links": [{"key": "to-the-trust", "type": "definition", "offset": [45, 57]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [74, 96]}, {"key": "vehicle-trustee", "type": "definition", "offset": [168, 183]}, {"key": "of-the-trust", "type": "clause", "offset": [194, 206]}, {"key": "good-and-marketable-title", "type": "clause", "offset": [218, 243]}], "samples": [{"hash": "2X43Sa4Naf4", "uri": "/contracts/2X43Sa4Naf4#eligible-lease", "label": "Vehicle Trust Supplement (BMW Vehicle Lease Trust 2011-1)", "score": 22.3004798889, "published": true}, {"hash": "eBvT8TI5IzJ", "uri": "/contracts/eBvT8TI5IzJ#eligible-lease", "label": "Vehicle Trust Supplement (BMW Vehicle Lease Trust 2011-1)", "score": 22.2922649384, "published": true}], "hash": "55744653b052bf38e7dcbe076be25063", "id": 4}, {"size": 13, "snippet": "means a lease containing terms and conditions and otherwise in a form consistent with Leasing Company Practice with respect to similar aircraft under lease, taking into consideration, among other things, the identity of the relevant lessee (including operating experience), the age and condition of the applicable Pool Aircraft and the jurisdiction in which such Pool Aircraft will be operated or registered.", "snippet_links": [{"key": "terms-and-conditions", "type": "clause", "offset": [25, 45]}, {"key": "consistent-with", "type": "clause", "offset": [70, 85]}, {"key": "leasing-company-practice", "type": "definition", "offset": [86, 110]}, {"key": "with-respect-to", "type": "clause", "offset": [111, 126]}, {"key": "similar-aircraft", "type": "definition", "offset": [127, 143]}, {"key": "taking-into-consideration", "type": "clause", "offset": [157, 182]}, {"key": "the-relevant", "type": "clause", "offset": [220, 232]}, {"key": "operating-experience", "type": "clause", "offset": [251, 271]}, {"key": "pool-aircraft", "type": "definition", "offset": [314, 327]}], "samples": [{"hash": "2jrmP2xsZzk", "uri": "/contracts/2jrmP2xsZzk#eligible-lease", "label": "Term Loan Credit Agreement", "score": 31.3408622742, "published": true}, {"hash": "j9Y0Cha9yfE", "uri": "/contracts/j9Y0Cha9yfE#eligible-lease", "label": "Term Loan Credit Agreement (International Lease Finance Corp)", "score": 25.3312797546, "published": true}, {"hash": "3CWYQnum1kM", "uri": "/contracts/3CWYQnum1kM#eligible-lease", "label": "Term Loan Credit Agreement (International Lease Finance Corp)", "score": 23.3490753174, "published": true}], "hash": "8267d590c2dd323551727fbad1b3b81e", "id": 5}, {"size": 13, "snippet": "means a Lease in which: (i) a Borrower is the sole lessor; (ii) the Lease arose in the ordinary course of business of such Borrower; (iii) the lessee is not an Affiliate of any Borrower; (iv) the Equipment has been delivered to and accepted by the lessee and is currently subject to the Lease; (v) neither the Lease nor the related Equipment is subject to any prior assignment, claim, lien, security interest or other limitation on the absolute title of the applicable Borrower thereto; (vi) the Lease payments are not more than 60 days past due with respect to any payment required thereby (Lease payments in respect of a newly effective Lease shall not be deemed 60 days past due until 60 days have elapsed since the effective date of the Lease); (vii) the Lease provides that the obligations of the lessee to make payments thereunder are absolute; (viii) the Lease is freely assignable; (ix) the Lease is not subject to any defense of the lessee; (x) the lessee is not the subject of an bankruptcy, reorganization or similar proceedings and is not insolvent; (xi) the Lease is with a lessee/account debtor which is not located outside of the United States of America; (xii) the Lease has not been part of the Borrowing Base for more than 12 months; (xiii) the initial term of the Lease does not exceed 72 months, provided, however, that a Lease with an initial term exceeding 72 months shall be eligible for inclusion in the Borrowing Base upon the prior written consent of the Administrative Agent, which consent will be granted in the Administrative Agent's sole discretion; and (xiv) the Lease and the Equipment being leased constitute Collateral as defined in the Security Agreement. In addition, the aggregate of all Eligible Receivables and Eligible Leases for any one account debtor/lessee or group of affiliated account debtors/lessees which is included in the Collateral shall not at any time exceed: (i) $15,000,000 for Investment Grade Credits; and (ii) $5,000,000 for Non-Investment Grade Credits.", "snippet_links": [{"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [80, 114]}, {"key": "affiliate-of", "type": "definition", "offset": [160, 172]}, {"key": "the-equipment", "type": "clause", "offset": [192, 205]}, {"key": "by-the-lessee", "type": "clause", "offset": [241, 254]}, {"key": "subject-to-the", "type": "clause", "offset": [272, 286]}, {"key": "related-equipment", "type": "definition", "offset": [324, 341]}, {"key": "prior-assignment", "type": "clause", "offset": [360, 376]}, {"key": "security-interest", "type": "definition", "offset": [391, 408]}, {"key": "limitation-on", "type": "clause", "offset": [418, 431]}, {"key": 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75]}, {"key": "aircraft-owning-entity", "type": "definition", "offset": [88, 110]}, {"key": "applicable-intermediary", "type": "definition", "offset": [142, 165]}, {"key": "eligible-carrier", "type": "definition", "offset": [185, 201]}, {"key": "the-administrative-agent", "type": "definition", "offset": [279, 303]}, {"key": "the-majority-lenders", "type": "clause", "offset": [331, 351]}, {"key": "in-writing", "type": "clause", "offset": [371, 381]}], "samples": [{"hash": "fHdtu8scXt7", "uri": "/contracts/fHdtu8scXt7#eligible-lease", "label": "First Amendment Agreement (AerCap Holdings N.V.)", "score": 37.1149902344, "published": true}, {"hash": "4kZV0tdD2FG", "uri": "/contracts/4kZV0tdD2FG#eligible-lease", "label": "Credit Agreement (AerCap Holdings N.V.)", "score": 33.2409324646, "published": true}, {"hash": "cO1MfJT5cml", "uri": "/contracts/cO1MfJT5cml#eligible-lease", "label": "Credit Agreement (AerCap Holdings N.V.)", "score": 25.2080764771, "published": true}], "hash": "d9f959ed41c7e5d4ea1454a935eebea4", "id": 9}, {"size": 8, "snippet": "means, unless otherwise approved by Owner, a written Lease that satisfies all of the following characteristics:", "snippet_links": [{"key": "by-owner", "type": "definition", "offset": [33, 41]}], "samples": [{"hash": "esCBOcMDl76", "uri": "/contracts/esCBOcMDl76#eligible-lease", "label": "Management Agreement (Vinebrook Homes Trust, Inc.)", "score": 33.120464325, "published": true}, {"hash": "hF13gIHSFMa", "uri": "/contracts/hF13gIHSFMa#eligible-lease", "label": "Management Agreement (Vinebrook Homes Trust, Inc.)", "score": 32.4496917725, "published": true}, {"hash": "fEaJNpOZES4", "uri": "/contracts/fEaJNpOZES4#eligible-lease", "label": "Management Agreement (Vinebrook Homes Trust, Inc.)", "score": 32.4496917725, "published": true}], "hash": "6a6665fe837acb45d9441712072874bc", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXZWxpZ2libGUtbGVhc2UjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Eligible Lease", "size": 432, "snippet": "means, as of any date of determination, a Lease for a Property that satisfies all of the following:", "id": "eligible-lease", "examples": ["For purposes of clarity, such Borrowing Base Certificate shall be calculated based upon (i) the opening deposit account balances of Borrower Eligible Cash for such Calculation Date (giving pro forma effect to the deposit of the proceeds of such Advance in the Borrower Funding Account) and (ii) the Aggregate <strong>Eligible Lease</strong> Net Book Value of all <strong>Eligible Leases</strong> as of the end of the Business Day that is three (3) Business Days preceding such Funding Date or Remittance Date, as applicable."], "related": [["eligible-ground-lease", "Eligible Ground Lease", "Eligible Ground Lease"], ["eligible-land", "Eligible land", "Eligible land"], ["financeable-ground-lease", "Financeable Ground Lease", "Financeable Ground Lease"], ["operating-lease", "Operating Lease", "Operating Lease"], ["approved-lease", "Approved Lease", "Approved Lease"]], "related_snippets": [], "updated": "2026-06-28T07:51:00+00:00"}, "json": true, "cursor": ""}}