Common use of Equipment Automatically Subjected Clause in Contracts

Equipment Automatically Subjected. As and when any Equipment shall from time to time be transferred to the Trustee hereunder, the same shall, ipso facto and without further instrument of lease or transfer, become subject to all the terms and provisions hereof.

Appears in 3 contracts

Samples: Equipment Trust Agreement (Union Tank Car Co), Equipment Trust Agreement (Union Tank Car Co), Equipment Trust Agreement (Union Tank Car Co)

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Equipment Automatically Subjected. As and when any Equipment shall from time to time be transferred to the Trustee hereunder, the same shall, ipso facto and without further instrument of lease or transfer, become subject to all the terms and provisions hereof.

Appears in 1 contract

Samples: Trust Agreement (Union Tank Car Co)

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