Lease Assets definition

Lease Assets has the meaning set forth in Section 2.4(a).
Lease Assets means, with respect to any lease, all of the following property and interests in property whether now existing or existing in the future or hereafter acquired or arising: (a) all vehicles or equipment manufactured, refurbished or sold by the Company or any of its Subsidiaries (and truck chassis, cement block boom trucks and similar vehicles manufactured or refurbished by third parties) and acquired by a Leasing Subsidiary in connection with such assets being leased to a third party; (b) all leases and other contracts or agreements relating to the lease financing by a customer of vehicles or equipment manufactured, refurbished or sold by the Company or any of its Subsidiaries; (c) all accounts receivable and other obligations incurred by lessees in connection with the foregoing, no matter how evidenced; (d) all rights to any vehicles or equipment subject to any of the foregoing after or in connection with creation of the foregoing, including returned or repossessed goods; (e) all reserves and credit balances with respect to any such lease contracts or agreements or lessees; (f) all letters of credit, security or guarantees for any of the foregoing; (g) all insurance policies or reports relating to any of the foregoing; and (h) all books and records relating to any of the foregoing.
Lease Assets. The meaning specified in the Lease Acquisition Agreement.

Examples of Lease Assets in a sentence

  • Subject to there being no default by Sichuan Petrochemical under the Finance Lease Agreement, or that such default has been rectified by Sichuan Petrochemical and accepted by Kunlun Financial Leasing, and upon the expiry of the Finance Lease Agreement, Sichuan Petrochemical has an option to purchase the Lease Assets from Kunlun Financial Leasing at a nominal price of RMB10,000 (equivalent to approximately HK$8,200).

  • Eclipx may assign, transfer or otherwise deal with any Lease Assets without the consent of the Customer, the Guarantor or any other person.

  • Upon the receipt of full payment by Kunlun Financial Leasing, titles of the Lease Assets shall vest in Sichuan Petrochemical on an as-is basis.

  • The Lease Consideration (including the principal amount of RMB44 million, interests, management fees and the optional purchase price for vesting the title and all rights of the Lease Assets in Yunnan Hongfu) to be paid by Yunnan Hongfu to AVIC International Leasing shall be not more than RMB80 million (equivalent to approximately HK$98,255,960).

  • Schedule 3.16 sets forth a true and complete list of all insurance policies or self-insurance funds maintained by Seller covering the ownership and operation of the Hospital Operations and the Purchased Assets and Lease Assets, indicating the types of insurance, policy numbers, terms, identity of insurers and amounts and coverages (including applicable deductibles).


More Definitions of Lease Assets

Lease Assets. The right-of-use asset(s) represents a lessee’s license to hold, operate, or occupy a leased item over the term of the lease
Lease Assets means the Assets (as set out in Schedule 1 of the Lease Agreement), as such assets may be repaired, refurbished, upgraded or replaced from time to time as a result of:
Lease Assets means, in relation to a particular Series, the assets to be leased pursuant to and as set out in schedule 1 (Lease Assets) of the Supplemental Headlease Agreement for that Series, as such assets may be repaired, refurbished, upgraded or replaced from time to time;
Lease Assets. All right, title and interest in and to (a) the Lease Contracts, including the proceeds of the Lease Contracts and all payments received on or with respect to the Lease Contracts on or after the Cut-Off Date or any Acquisition Date, other than payments due on the Lease Contracts before the Cut-Off Date or Acquisition Date, (b) the Lease Contract Files, (c) the Company's rights and interests in the Equipment, (d) all rights and interests of the Company under each Insurance Policy related to the Lease Contracts and related Equipment and Insurance Proceeds, (e) the Servicing Charges with respect to the Lease Contracts and (f) all income and proceeds of the foregoing or relating thereto.
Lease Assets is defined in Section 1(a).
Lease Assets means the Lease Premises, Seller FF&E, and electronic medical record replacement.
Lease Assets. (or such substantially similar terms for such substantially similar assets as may be used from time to time).