Operating Lease Facility definition

Operating Lease Facility means any operating lease transaction entered into by the Company or any of its Restricted Subsidiaries resulting in the off-balance sheet financing of any of the Company’s or such Restricted Subsidiary’s property or assets, including its gas compression equipment.
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Operating Lease Facility means any operating lease transaction ------------------------ entered into by Lessee or its Restricted Subsidiaries resulting in the off-balance sheet financing of any Lessee's or such Restricted Subsidiary's gas compression equipment.
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Operating Lease Facility means any operating lease transaction ------------------------ entered into by Hanover or any of its Restricted Subsidiaries resulting in the off-balance sheet financing of any of Hanover's or such Restricted Subsidiary's property or assets, including its gas compression equipment.
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Examples of Operating Lease Facility in a sentence

  • On March 3, 2017, the Foundation entered into an Operating Lease Facility with BPI Century Tokyo Rental Corporation (the Lessor) for brand new motor vehicles amounting to =P10,000,000.

  • The Company intends to raise at least $427 million under a new operating lease facility to be funded primarily through an offering of approximately $350 million in senior secured notes by an unaffiliated entity (the "SSN Operating Lease Facility").

  • With the exception of Tender reference T:305 (17 Seat minibus), which is to be externally funded, the items will be purchased using an Operating Lease Facility arranged by the Finance Department and will not, therefore, impact on the level of capital resources available.

  • The Company initially expects to fund approximately $75 million under the ABS Operating Lease Facility and expects to have no amounts outstanding under the new revolving credit facility.

  • Indebtedness outstanding from time to time under the Company's Credit Agreement dated as of May 8, 2000, the Company's Receivables Securitization Program and under the Company's Tax Retention Operating Lease Facility, each as amended, restated, enlarged, replaced or refinanced from time to time.

  • Planning applications determined under delegated powers by the Director (Housing & Regeneration)A copy of the schedule has been placed in the democracy web library and also in the Reception, Civic Centre: - http://bit.ly/1Uwy6bJ.

  • The Company also intends to enter into a new secured revolving credit facility of up to $125 million and a new asset-backed securitization operating lease facility of up to $200 million ("the "ABS Operating Lease Facility").

  • Our Company was sanctioned an Operating Lease Facility of Rs. 6120 lacs by Axis Bank Limited (formerly known as UTI Bank Limited) during 2003-04.

  • In addition, the Company will cause to have funded approximately $427 million under the SSN Operating Lease Facility and approximately $75 million under the ABS Operating Lease Facility.

  • Upon closing of the WGC acquisition, the Company will have unused commitments of approximately $250 million under the ABS Operating Lease Facility and the revolving credit facility.


More Definitions of Operating Lease Facility

Operating Lease Facility means the ABS Lease Facility, the BRL Lease Facility and any similar operating lease facility or financing arrangements established after the Issue Date.
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Operating Lease Facility means (individually and collectively) the documents dated on or about the date of this agreement entitled the "Master Operating Lease Agreement" (No. 1) or (No. 2) between GE Capital Australia and the company in respect of the equipment and annexed as annexure "A".
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Related to Operating Lease Facility

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • Facility Leases means all of the leases of Facilities listed on Schedule 4.6(a).

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Site Lease or “Lease” means this Site Lease together with any duly authorized and executed amendment hereto under which the District leases the Site to the Lessee.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Financing Lease means any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).