Examples of Permitted Equipment Financing in a sentence
As used herein, "Permitted Equipment Financing" means equipment financing that is (i) entered into in the ordinary course of Borrower's business, (ii) for equipment related to the ownership and operation of the Property whose removal would not materially damage or impair the value of the Property, and (iii) which is secured only by the financed equipment and proceeds thereof.
The determined matrix was applied to the SPECT data using cubic con- volution (Parker et al.
The Borrower shall not incorporate in the Improvements any property acquired under a conditional sales contract, or lease, or as to which the vendor retains title or a security interest with the exception of Permitted Equipment Financing, without the prior written consent of the Agent.
Tenant shall not, directly or indirectly, create or cause to be imposed, claimed or filed upon the Leased Property, or Tenant's assets, properties or income or any portion thereof, or upon the interest of Landlord therein, any Lien of any nature whatsoever (except that any property acquired by Tenant with proceeds of the Permitted Equipment Financing may be pledged to secure such Permitted Equipment Financing).
Company and Guarantors have agreed to guarantee the obligations of Borrower hereunder and to secure all of their respective obligations hereunder by granting to Administrative Agent, on behalf of Lenders, a First Priority Lien on substantially all of their respective real, personal and mixed property, including a pledge of all of the equity Securities of each of their respective Subsidiaries (including Borrower), but excluding assets secured under any Permitted Equipment Financing.