Finance Agreements definition
Examples of Finance Agreements in a sentence
If the Lessees have properly and fully performed all of their obligations under the Finance Lease Agreements, the Lessees are entitled to acquire the Leased Assets at the consideration of RMB100 in nominal value pursuant to the terms and conditions of the Finance Lease Agreements, upon the expiry of the Finance Agreements respectively.
Each of the Premium Finance Agreements complies in all material respects with all applicable laws, rules and regulations, including, but not limited to, the Tennessee Premium Finance Company Act of 1980, all laws of the state in which the insured resides relating to financing of insurance premiums or installment sales of insurance, as applicable, and the Federal Truth-in-Lending Act.
None of the Premium Finance Agreements consists of a Negotiable Instrument (as defined in the Code) and none of the Collateral is otherwise evidenced by a Negotiable Instrument (as defined in the Code).
Upon execution of the Finance Agreement by the Property Owner and EIC, the property that is the subject of the Finance Agreement shall be deemed a “Benefited Property.” Copies of all executed Finance Agreements for all Benefited Properties within the Municipality shall be provided to the Municipality by EIC.
The Finance Agreements shall set forth the terms and conditions for the disbursement and repayment of financing and the duties and obligations of each Property Owner and EIC with respect to the acquisition, construction and installation of Energy Improvements.