Bona Fide Transaction. The Contract arises from a bonafide lease or sale of the Equipment or other secured financing arrangement, in the ordinary course of business of the Obligor described in the Contract. The Obligor's billing address and the Equipment is located in the United States of America or where the Uniform Commercial Code is applicable.
Appears in 1 contract
Sources: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp)
Bona Fide Transaction. The Contract arises from a bonafide bona fide lease or --------------------- sale of the Equipment or other secured financing arrangement, in the ordinary course of business of the Obligor described in the Contract. The Obligor's billing address and the Equipment is located in the United States of America or where the Uniform Commercial Code is applicable.
Appears in 1 contract
Bona Fide Transaction. The Contract arises from a bonafide bona fide lease or sale of the Equipment or other secured financing arrangement, in the ordinary course of business of the Obligor described in the Contract. The Obligor's billing address and the Equipment is located in the United States of America or where the Uniform Commercial Code is applicable.
Appears in 1 contract
Sources: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp)