Common use of MANUFACTURER EVENTS OF DEFAULT Clause in Contracts

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of a Manufacturer Event of Default with respect to any Manufacturer (a "Defaulting Manufacturer"), each Lessee, on behalf of the Lessor (i) shall no longer place Vehicle Orders for additional Program Vehicles from such Manufacturer and (ii) shall cancel any Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN has not been assigned as of the date such Manufacturer Event of Default occurs.

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of any of the following events (each, a "Manufacturer Event of Default Default") with respect to any Manufacturer (a "Defaulting Manufacturer"), each Lessee, the Lessees on behalf of the Lessor (ia) shall no longer place Vehicle Orders for additional Program Vehicles from such Manufacturer (each, a "Defaulting Manufacturer") and (iib) shall cancel any Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN vehicle identification number (a "VIN") has not been assigned as of the date such Manufacturer Event of Default occurs.:

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of a Manufacturer Event of Default with respect to any Manufacturer (a "“Defaulting Manufacturer"”), each no Lessee, on behalf of the Lessor Lessor, (i) shall no any longer place Vehicle Orders for additional Program Vehicles from such Manufacturer and (ii) shall cancel any Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN has not been assigned as of the date such Manufacturer Event of Default occurs.

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of a Manufacturer Event of Default with respect to any Manufacturer (a "Defaulting Manufacturer"), each Lessee, on behalf of the Lessor (i) shall no longer place Vehicle Orders for additional Program Vehicles from such Manufacturer and (ii) shall cancel any Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN has not been assigned as of the date such Manufacturer Event of Default occurs.

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of any of the following events (each, a "Manufacturer Event of Default Default") with respect to any Manufacturer (a "Defaulting Manufacturer"), each Lessee, the relevant Lessee on behalf of the Lessor (ia) shall no longer place Group II Vehicle Orders for additional Program Vehicles from such Manufacturer (each, a "Defaulting Manufacturer") for any additional Group II Vehicles and (iib) shall cancel any Group II Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN has not been assigned as of the date such Manufacturer Event of Default occurs.:

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of any of the following events (each, a "Manufacturer Event of Default Default") with respect to any Manufacturer (a "Defaulting Manufacturer"), each Lessee, the Lessee on behalf of the Lessor (ia) shall no longer place Vehicle Orders for additional Program Vehicles from such Manufacturer (each, a "Defaulting Manufacturer") and (iib) shall cancel any Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN vehicle identification number (a "VIN") has not been assigned as of the date such Manufacturer Event of Default occurs.:

MANUFACTURER EVENTS OF DEFAULT. (a) Upon the occurrence of any of the following events (each, a “Manufacturer Event of Default Default”) with respect to any Manufacturer (a "Defaulting Manufacturer"), each Lessee, the Lessees on behalf of the Lessor (ia) shall no longer place Vehicle Orders for additional Program Vehicles from such Manufacturer (each, a “Defaulting Manufacturer”) and (iib) shall cancel any Vehicle Order with such Defaulting Manufacturer for any Program Vehicle with respect to which a VIN vehicle identification number (a “VIN”) has not been assigned as of the date such Manufacturer Event of Default occurs.: