Examples of Personalty Leases in a sentence
The Borrower hereby waives the right to dispute the Lender’s record of the terms of any such telephonic Notice of Borrowing.
Each of the Company and its Subsidiaries is in compliance in all material respects with the terms of all leases for Leased Personalty (“ Personalty Leases ”) to which each is a party, respectively, and all such Personalty Leases are valid and enforceable in all material respects in accordance with their terms.
No consent is required under the Personalty Leases or the Equipment Lease in connection with the Merger.
The Company and its Subsidiaries do not lease any personal property other than pursuant to (i) leases which expire on not more than 90 days notice by the Company or a Subsidiary, (ii) leases which require annual rentals of not more than $25,000, (iii) the "Equipment Lease" (as defined in the Omnibus Agreement) and (iv) leases ("Personalty Leases") listed in the Disclosure Letter.
A list of all PIA Personalty Leases is set forth in the PIA Disclosure Letter.