Prime Agreements definition

Prime Agreements means, collectively, (i) that certain Equipment Schedule No. 2, dated November 16, 2021, by and between Core Scientific, Inc. (now known as Core Scientific Operating Company) and Liberty Commercial Finance LLC, issued in connection with the Liberty Master Lease Agreement and subsequently assigned by Liberty Commercial Finance LLC to Prime Alliance Bank, Inc. pursuant to that certain Notice and Acknowledgement of Assignment, (ii) that certain Equipment Schedule No. 8, dated December 10, 2021, by and between Core Scientific, Inc. (now known as Core Scientific Operating Company) and Core Scientific Holding Co. (now known as Core Scientific, Inc.), on one hand, and Liberty Commercial Finance LLC, on the other hand, issued in connection with the Liberty Master Lease Agreement and subsequently assigned by Liberty Commercial Finance LLC to Prime Alliance Bank, Inc. pursuant to that certain Notice and Acknowledgement of Assignment, and (iii) that certain Equipment Schedule No. 9, dated December 10, 2021, by and between Core Scientific, Inc. (now known as Core Scientific Operating Company) and Core Scientific Holding Co. (now known as Core Scientific, Inc.), on one hand, and Liberty Commercial Finance LLC, on the other hand, issued in connection with the Liberty Master Lease Agreement and subsequently assigned by Liberty Commercial Finance LLC to Prime Alliance Bank, Inc. pursuant to that certain Notice and Acknowledgement of Assignment. For the avoidance of doubt, (i) the Prime Agreements are not Unexpired Leases and are financing agreements and (ii) the equipment that is the subject of the Prime Agreements are Assets owned by the applicable Debtor.
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Prime Agreements has the meaning set forth in Section 4.4(b).
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Examples of Prime Agreements in a sentence

  • Except to the extent that Sublessor has been granted representations or warranties under the Prime Agreements regarding the condition of the Subleased Premises the benefit of which may, pursuant to the applicable Prime Agreement and applicable law, inure to Sublessee (in which case such representations and warranties shall be deemed made by Sublessor in favor of Sublessee), Sublessee accepts the Subleased Premises AS-IS, WITH ALL FAULTS, LATENT OR KNOWN.

  • If the consent of any Prime Lessor is required, then for purposes of submittal of this Agreement for the consent of such Prime Lessor, it is agreed that Schedule 1 may be redacted so as to describe only the portion of the Subleased Premises as are leased by Sublessor from such Prime Lessor and so as to set forth only the respective Prime Agreements that pertain to the Subleased Premises.

  • Sublessee covenants and agrees that this Agreement shall be in all respects subject and subordinate to the Prime Agreements relating thereto.

  • Notwithstanding that the Cost Estimate anticipates a greater cost for any item or improvement, each Party shall endeavor in good faith to administer the Prime Agreements (as defined below) to which it is a party in a manner intended to result in the most cost effective construction and delivery of services considering all factors including the life cycle and functionality of the subject improvements.

  • Following the Program Initiation Date and in conjunction with the Milestones set forth in Section 4.9 and the various Prime Agreements executed by the Parties, the Project Manager shall prepare a comprehensive schedule (“Project Schedule”) for the completion of the major components of the Regional Desalination Project, taking into account risks, constraints, commitment of resources and other issues that require attention.

  • At a minimum, the contractors under any of the Prime Agreements and the Major Subcontractors, to the extent required by the Parties, shall warrant the work and materials for which it is responsible for a period of at least one (1) year after Acceptance.

  • Lessee shall provide Lessor at least five (5) business days prior written notice of Lessee's intent to relocate its equipment, or such notice period as is required under all affected Prime Agreements (defined below) plus three (3) business days (provided that Lessor has provided Lessee with the relevant provisions of the underlying Prime Agreements).

  • Upon request by Lessee, Lessor will, to the extent not restricted by an applicable confidentiality obligation, provide Lessee with copies of relevant portions of the subject Prime Agreements.

  • The Water Purchase Agreement also requires parties to "endeavor in good faith to administer the Prime Agreements .

  • Proprietary Information shall include: (i) information disclosed directly between Contractor and PARCC and its employees, directors, and contractors; (ii) information received by either Contractor or PARCC from a client or other person contracting with PARCC though not a party to this agreement; (iii) information received, if applicable, from any Prime Agreements to PARCC or Contractors or Contractors of PARCC; or (iv) any respondents to surveys.

Related to Prime Agreements