Examples of Financing Originator in a sentence
No Financing Originator has a material performance obligation in respect of any Contract in favor of an Obligor or End-User (it being understood that covenants of quiet enjoyment, purchase options, obligations to accept return of the property at end of lease term, and like obligations of a lessor typical of a "triple net" lease, shall not be deemed "material performance obligations" for purposes of this representation).
No Financing Originator has a material performance obligation in respect of any Contract in favor of an Obligor or End-User (it being understood that covenants of quiet enjoyment, purchase options, obligations to accept return of the property at end of lease term, and like obligations of a lessor typical of a “triple net” lease, shall not be deemed “material performance obligations” for purposes of this representation).
Without limiting the foregoing, the Owner Trustee shall on behalf of the Trust file and prove any claim or claims that may exist against a Financing Originator or [ ] in connection with any claims-paying procedure as part of a proceeding in respect of an Insolvency Event involving such Financing Originator or [ ].
With respect to the [ ] Financing Originator, no financing statements are filed against an Obligor located in a particular State describing Equipment which is the subject of a particular Contract of such Financing Originator, unless the fair market value of the Equipment (determined in accordance with Customary Policies and Procedures) related to such particular Contract is at least $[ ].
Exhibit F Minimum Value Filing Exceptions No financing statements are filed against an Obligor located in a particular State describing Equipment which is the subject of a particular Contract of any Financing Originator, unless the fair market value of the Equipment (determined in accordance with its Customary Policies and Procedures) related to such particular Contract is at least $25,000 (or, in the alternative, at least $50,000 if such Contract is a Lease with a “fair market value” purchase option).