Equipment Acquisition Date definition
Equipment Acquisition Date means each date occurring in an Equipment Pool Period on which Lessor acquires any Unit of Equipment pursuant to Article 3 of the Participation Agreement.
Equipment Acquisition Date means, with respect to any Equipment Group or Unit of Equipment in such Equipment Group, the first date on which Lessor acquires any interest, including an interest in an Equipment Contract, in a Turbine to be included in such Equipment Group.
Examples of Equipment Acquisition Date in a sentence
Lessor hereby authorizes one or more employees of Lessee, to be designated by Lessee, as the authorized representative or representatives of Lessor to accept delivery on behalf of Lessor of the Units of Equipment identified on Schedule I to each Equipment Lease Supplement executed by Lessee on the related Equipment Acquisition Date.