Equipment Leases definition

Equipment Leases has the meaning set forth in Section 2.1.9.

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Equipment Leases shall have the meaning set forth in Section 2.2(b).

Equipment Leases has the meaning specified in Section 1.2(c)(ii).

Examples of Equipment Leases in a sentence

Seller has made available to Purchaser in the Data Room true, correct, and complete copies of all Operating Agreements and Equipment Leases.
To Seller’s Knowledge, (a) all Operating Agreements and Equipment Leases are in full force and effect, (b) neither Seller nor Manager has given or received any written notice of any default under any Operating Agreements and Equipment Leases which has not been fully cured, and (c) there are no material defaults under the Operating Agreements or Equipment Leases.
Notwithstanding anything in this Section 12.2.3, there shall be no proration of amounts under Assumed Property Agreements or Equipment Leases, in each case, to the extent that such amounts are taken into account in the calculation of rent under the Marriott Lease Agreement.
Seller has good and valid title to all tangible Personal Property that is not owned by Manager pursuant to the Marriott Lease Agreement, which shall be free and clear of all liens and encumbrances as of the Closing except for the Equipment Leases (which shall be subject only to the ownership interest of the lessor thereunder).
Any amounts prepaid, accrued or due and payable under the Assumed Property Agreements and the Equipment Leases at Closing shall be prorated as of the Cut-Off Time between Seller and Purchaser, with Seller being credited for amounts prepaid for periods following Closing, and Purchaser being credited for amounts accrued and unpaid.

More Definitions of Equipment Leases

Equipment Leases means, collectively, all equipment leases set forth on Exhibit 1.1(d), to the extent exclusively related to equipment or other Personal Property located at the Branches.

Equipment Leases shall have the meaning assigned thereto in SECTION 2.1(b)(vi).

Equipment Leases means leases of, and agreements to hire, equipment (including motor vehicles) to the Company including, without limitation, those listed in Section 3.14(c) of the Disclosure Schedule.

Equipment Leases means leases relating solely to Equipment.

Equipment Leases means each such equipment lease for the Premises requiring annual payment greater than Five Hundred Thousand and No/100 Dollars ($500,000.00).

Equipment Leases has the meaning assigned in Section 5.6(b).

Equipment Leases means all leases for vehicles included in the Fixtures and Equipment and all Capital Leases of other Fixtures and Equipment.