Lease Financing Facility definition
Examples of Lease Financing Facility in a sentence
Agent will hold, administer and manage any Collateral pledged from time to time hereunder either in its own name or as Agent, but each Secured Party shall hold a direct, undivided pro-rata beneficial interest therein, on the basis of its proportionate interest in the secured obligations, by reason of and as evidenced by this Agreement, the Collateral Security Documents and the Operative Agreements with respect to the Lease Financing Facility.
An Amended and Restated Subordination Agreement with respect to the HCCC Subordinated Debt, including to subordinate such debt to the Lease Financing Facility as well as the Loan.
Any assignments pursuant to subparagraph (b) shall be in an amount not less than and shall not result in the Maximum Principal Amount of the assigning Lender, if such assigning Lender remains as a Lender hereunder, being less than Five Million Dollars ($5,000,000); and any such assignment must be accompanied by a pro rata assignment of the assigning Lender's participation as a Lease Financing Lender and as a Holder under the Lease Financing Facility.
The Initial Closing Date with respect to the Lease Financing Facility, as defined in the Lease Financing Rules of Usage and Definitions, shall have occurred.
Borrowers have requested, and First Union and the other Lenders have agreed, to amend the Existing Credit Agreement to decrease the aggregate availability to up to One Hundred Twenty Million Dollars ($120,000,000), to provide for a Lease Financing Facility (as further defined herein) also financed by the Lenders, and in certain additional respects, all on the terms and conditions as set forth herein.
Landlord, as tenant, and Infinite Funding Company, LLC, a Delaware limited liability company (“Master Landlord”), as master landlord, are parties under the certain Master Lease Financing Facility Agreement (the “Master Lease”) dated May 4, 2007.