Equipment Leases definition
Examples of Equipment Leases in a sentence
Net Sales Proceeds shall not include, as determined by the Company in its sole discretion, any amounts reinvested in one or more Properties, Mortgage Loans, or Secured Equipment Leases, to repay outstanding indebtedness, or to establish reserves.
Any and all property, real, personal or otherwise, tangible or intangible, including Mortgage Loans and Secured Equipment Leases, which is transferred or conveyed to the Company (including all rents, income, profits and gains therefrom), and which is owned or held by, or for the account of, the Company.
The fee payable to the Advisor by the Company out of the proceeds of the Line of Credit or Permanent Financing for negotiating Secured Equipment Leases and supervising the Secured Equipment Lease program equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loan.
The Company shall pay to the Advisor out of the Proceeds of the Line of Credit or Permanent Financing as compensation for negotiating its respective Secured Equipment Leases and supervising the Secured Equipment Lease program a fee equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease upon entering into such lease or loan.
The financing (i) to acquire Assets, (ii) to pay the Secured Equipment Lease Servicing Fee, (iii) to pay a fee of 4.5% of any Permanent Financing, excluding amounts to fund Secured Equipment Leases, as Acquisition Fees, and (iv) to refinance outstanding amounts on the Line of Credit.