Common use of Disposition of Scooters Clause in Contracts

Disposition of Scooters. Upon the occurrence and continuance of an Operating Lease Event of Default, the Servicer shall dispose of any Scooters in accordance with the instructions of the Administrative Agent. To the extent the Servicer fails to so dispose of any such Scooters, the Administrative Agent shall have the right to otherwise dispose of such Scooters. 6.3

Appears in 2 contracts

Samples: Master Scooter Operating Lease and Servicing Agreement (Bird Global, Inc.), Master Scooter Operating Lease and Servicing Agreement (Bird Global, Inc.)

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Disposition of Scooters. Upon the occurrence and continuance of an Operating Lease Event of Default, the Servicer shall dispose of any Scooters in accordance with the instructions of the Administrative Agent. To the extent the Servicer fails to so dispose of any such Scooters, the Administrative Agent shall have the right to otherwise dispose of such Scooters. 6.3.

Appears in 1 contract

Samples: Master Scooter Operating Lease and Servicing Agreement (Bird Global, Inc.)

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Disposition of Scooters. Upon the occurrence and continuance of an Operating Lease Event of Default, the Servicer shall dispose of any Scooters in accordance with the instructions of the Administrative Agent. To the extent the Servicer fails to so dispose of any such Scooters, the Administrative Agent shall have the right to otherwise dispose of such Scooters. 6.3.

Appears in 1 contract

Samples: Master Scooter Operating Lease and Servicing Agreement (Bird Global, Inc.)

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