Platinum Leases definition
Platinum Leases means, collectively, leasing arrangements with respect to platinum and other precious metals that are entered into from time to time by the Borrower or any Subsidiary in the ordinary course of their business, including that certain Master Lease and Hedging Contracts Agreement for Precious Metals, dated as of April 25, 2008, between The Bank of Nova Scotia and STI, and any associated Guarantee of STI’s obligations thereunder. For the avoidance of doubt, “Platinum Leases” shall include any Swap Agreement that is (x) entered into with the lessor (or any Affiliate thereof) under any leasing arrangement described in the immediately preceding sentence and (y) involves, or is settled by reference to, platinum or any other precious metal that is the subject of such leasing arrangement.
Platinum Leases means, collectively, leasing arrangements with respect to platinum and other precious metals that are entered into from time to time by the Borrower or any of its subsidiaries in the ordinary course of their business, including that certain Master Lease and Hedging Contracts Agreement for Precious Metals dated as of April 25, 2008, between The Bank of Nova Scotia and Seagate Technology International (“STI”), and the associated Guarantee dated April 25, 2008, by the Borrower of STI’s obligations thereunder. For the avoidance of doubt, “Platinum Leases” shall include any Swap Agreement that is (x) entered into with the lessor (or any affiliate thereof) under any leasing arrangement described in the immediately preceding sentence and (y) involves, or is settled by reference to, platinum or any other precious metal that is the subject of such leasing arrangement.
Platinum Leases means, collectively, leasing arrangements with respect to platinum and other precious metals that are entered into from time to time by the Borrower or any Subsidiary in the ordinary course of their business, including that certain Master Lease and Hedging Contracts Agreement for Precious Metals dated as of April 25, 2008, between The Bank of Nova Scotia and STI, and the associated Guarantee dated April 25, 2008, by HDD Holdings of STI’s obligations thereunder. For the avoidance of doubt, “Platinum Leases” shall include any Swap Agreement that is (x) entered into with the lessor (or any Affiliate thereof) under any leasing arrangement described in the immediately preceding sentence and (y) involves, or is settled by reference to, platinum or any other precious metal that is the subject of such leasing arrangement.
Examples of Platinum Leases in a sentence
As consideration therefor and in order to induce the Lenders to make Loans and the Issuing Banks to issue Letters of Credit and the other Finance Parties to continue or enter into additional Platinum Leases and provide other financial and other accommodations and arrangements to the Loan Parties, the Guarantors are willing to execute this Agreement.
More Definitions of Platinum Leases
Platinum Leases shall include any Swap Agreement that is (x) entered into with the lessor (or any affiliate thereof) under any leasing arrangement described in the immediately preceding sentence and (y) involves, or is settled by reference to, platinum or any other precious metal that is the subject of such leasing arrangement.
Platinum Leases set forth in Section 1.01 of the Credit Agreement is hereby amended by inserting the parenthetical “(other than Intermediate Holdings)” immediately after the first reference to the term “Subsidiary” therein.