Equity Lease definition

Equity Lease means a lease for which all annual lease payments are credited against the total lot price until such time as the lot price is paid in full.
Equity Lease means a lease of real property that requires a specified rental amount payable as a lump sum for the entire term of the lease, but which may allow for payment of the rental over time by periodic payments, subject to payment of interest on the unpaid balance owing from time to time.
Equity Lease means a lease for which a lot price has been established and the Lessee makes payments that are credited against the principal lot price, after appropriate interest and service charges have been made, until such a time as the lot price is paid in full.

Examples of Equity Lease in a sentence

  • The provisions of this Section 18 shall survive termination of this Master Equity Lease Agreement.

  • References to this “Agreement” shall include this Master Equity Lease Agreement and the various Schedules and addenda to this Master Equity Lease Agreement.

  • Lessor and Lessee have duly executed this Master Equity Lease Agreement as of the day and year first above written.

  • References to this “Agreement” shall include this Amended and Restated Master Equity Lease Agreement and the various Schedules and addenda to this Amended and Restated Master Equity Lease Agreement.

  • References to this "Agreement" shall include this Master Equity Lease Agreement and the various Schedules and addenda to this Master Equity Lease Agreement, each of which are incorporated herein as part of a single, unitary Agreement.

  • Reference is hereby made to that certain Master Equity Lease Agreement dated as of the twenty-sixth day of November, 2012, by and between Enterprise FM Trust, a Delaware statutory trust, as lessor (“Lessor”), and Lessee, as lessee (as the same may from time to time be amended, modified, extended, renewed, supplemented or restated, the “Lease”).

  • This Agreement shall only apply to those vehicles (i) leased to Customer by an affiliate of EFM in which EFM is servicer under such lease or (ii) owned by Customer, provided that Customer has a valid Master Walkaway or Equity Lease Agreement (with schedules) in force with an affiliate of EFM.

  • Lessor and lessee have duly executed this Master Equity Lease Agreement as of the day and year first above written.

  • Reference is hereby made to that certain Master Equity Lease Agreement dated as of the sixteenth day of June, 2017, by and between Enterprise FM Trust, a Delaware statutory trust, as lessor (“Lessor”), and Lessee, as lessee (as the same may from time to time be amended, modified, extended, renewed, supplemented or restated, the “Lease”).

  • Indebtedness in connection with or related to that certain Master Equity Lease Agreement, dated as of September 2, 2016 by and between Enterprise FM Trust and Flowco Productions LLC as successor in interest to Flowco Production Solutions, and the lease schedules related thereto in an aggregate amount outstanding of $4,346,685.60.


More Definitions of Equity Lease

Equity Lease means a lease for which all lease payments are credited against the total lot price until such time as the lot price is paid in full, at which time lease payments are $1.00 per year;
Equity Lease means the type of land leases utilized in Nunavut, which generally have initial terms of 30 years and are renewable for further terms of 30 years at an annual rent of $1.00.
Equity Lease means the system of land leases utilized in Nunavut, which generally have an initial term of 30 years and are renewable for a further term of 30 years at an annual rent of $1.