Equipment Loan definition

Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

Equipment Loan has the meaning specified in Section 2.01(b).

Equipment Loan. Any commercial equipment loan secured by equipment used in the operation of a Mortgaged Property and listed on the Mortgage Loan Schedule.

Examples of Equipment Loan in a sentence

• The Equipment Loan, secured by certain mobile equipment at Essakane, matures on June 27, 2024 and is repayable in quarterly installments starting September 27, 2019.

• At that time and place, oral or written objections may be filed or made to the proposal to enter into the Information Technology Improvements and Equipment Loan Agreement.

• At any time before the date fixed for taking action to enter into the Ambulance Equipment Loan Agreement, a petition may be filed with the County Auditor asking that the question of entering into the Ambulance Equipment Loan Agreement be submitted to the registered voters of the County, pursuant to the provisions of Section 331.442 of the Code of Iowa.

• After receiving objections, the Board of Supervisors may determine to enter into the Ambulance Equipment Loan Agreement, in which case, the decision will be final unless appealed to the District Court within fifteen (15) days thereafter.

• The Ambulance Equipment Loan Agreement is proposed to be entered into pursuant to authority contained in Sections 331.402, 331.441 and 331.442 of the Code of Iowa and will constitute a general obligation of the County.

More Definitions of Equipment Loan

Equipment Loan shall have the meaning given to such term in Section 2.03 hereof.

Equipment Loan means any Loan requested by Borrower and funded by Lender pursuant to the Equipment Loan Commitment, the Additional Equipment Loan Commitment or the Follow-on Equipment Loan Commitment to finance Borrower’s acquisition or carrying of specific items of Eligible Equipment.

Equipment Loan means the loan or lease under the Equipment Loan Agreement.

Equipment Loan means that certain revolving line of credit from Bank to Equipment Loan Borrower in the aggregate original principal amount of up to Twenty Million and No/100 Dollars ($20,000,000.00), as further described in Section 9 hereinbelow.

Equipment Loan means any Loan requested by Borrower and funded by Lender to finance Borrower's acquisition or carrying of specific items of Equipment, software or tenant improvements.

Equipment Loan shall have the meaning provided in the Development Agreement.

Equipment Loan means middle market equipment loans that consist of loans and finance leases secured by new or used transportation equipment, industrial equipment, furniture and fixtures, construction equipment, maritime assets, technology and telecommunications equipment or other equipment (including medical and dental equipment and IT equipment) made to obligors in the United States of America and managed by the Commercial Equipment Financing and Healthcare Financial Services divisions of GE Capital.