Personal Property Lease shall have the meaning ascribed to such term in Section 5.12(a) hereof.

Personal Property Lease means any Contract for Tangible Personal Property leased, subleased, licensed or otherwise conveyed to or by Seller.

Personal Property Lease means a chattel lease, equipment lease, conditional sales contract and other similar agreement to which a Person is a party or under which it has rights to use Personal Property. [***Name of third party redacted].

Examples of Personal Property Lease in a sentence

The Company has provided to the Purchaser a true and complete copy of each of the Company Personal Property Leases, and in the case of any oral Company Personal Property Lease, a written summary of the material terms of such Company Personal Property Lease.
Each Branch Lease and each material Personal Property Lease is current and all rents, expenses and charges payable by Seller thereunder have been paid or accrued pursuant to the terms thereof (except for any payments not yet delinquent or as to which the obligation to make such payment is being contested in good faith).
The Company has provided to Purchaser a true and complete copy of each of the Company Personal Property Leases, and in the case of any oral Company Personal Property Lease, a written summary of the material terms of such Company Personal Property Lease.
The Company is not in material breach of or default, and no event has occurred which, with due notice or lapse of time or both, may constitute such a material breach or default, under any Personal Property Lease.
Each of the Personal Property Leases is a valid and subsisting agreement, duly authorized and entered into and enforceable in accordance with its terms, and there is no default under any Personal Property Lease by the Company or, to the Company’s knowledge, by any other party thereto, and no event has occurred that with the lapse of time or the giving of notice or both would constitute a default thereunder.

More Definitions of Personal Property Lease

Personal Property Lease has the meaning set forth in Section 3.14(c)(i).

Personal Property Lease shall have the meaning set forth in Section 4.10(c).

Personal Property Lease means each lease (excluding leases relating solely to personal property calling for rental or similar periodic payments not exceeding $100,000 in the aggregate over the term of such lease or which are terminable without penalty upon thirty (30) days or less prior notice) pursuant to which the Company (or Seller with respect to the Business of Seller relating to the Marina Thermal Facility prior to the transfer of the MTF Assets to the Company in connection with the Internal Reorganization) leases any personal property, including any finance or operating lease.

Personal Property Lease means a chattel lease, equipment lease, conditional sales contract and other similar agreement relating to Personal Property to which the Vendor is a party or under which it has rights to use Personal Property.

Personal Property Lease means any lease of Equipment or other personal property deemed an operating lease under GAAP consistently applied. “Personalty Charges” means, with respect to any period, payments on any Personal Property Lease.

Personal Property Lease means all Contracts for personal property leased, subleased, licensed or otherwise conveyed to the Company or any of its Subsidiaries (a) involving annual payments in excess of $[**] or (b) relating to equipment used in the research, test, clinical trial and development of OncoVEXGM-CSF.