Technology Refresh Lease definition
Technology Refresh Lease means a Lease that contains an option ------------------------ exercisable after a specified date that permits the related Obligor to exchange all or a portion of the Equipment then subject to such Lease for new equipment. If such option is exercised, then the term of the lease is extended so that the sum of the then unexpired term of the Lease and the extension period is equal to the original term of such Lease. Each Periodic Installment of Rent under such extended Lease shall not be less than the Periodic Installment of Rent under the Lease immediately preceding the exercise of the technology refresh option.