Motor Vehicles and Rolling Stock Sample Clauses

Motor Vehicles and Rolling Stock. Motor vehicles and Rolling Stock constitute the only Collateral subject to any certificate of title or other registration statute of the United States, any State or other jurisdiction. Schedule 8.4.4 (Vehicles; Rolling Stock) hereto lists the vehicle identification number or serial number and state of registration of all Rolling Stock of each Loan Party as of November 30, 2010 and identifies which such Rolling Stock is Included Rolling Stock. All action by each Loan Party necessary or desirable to protect and perfect the Lien of Agent on all Included Rolling Stock set forth on Schedule 8.4.4 (Vehicles; Rolling Stock) (as supplemented in accordance with this Section) (including all necessary filings with the offices of the relevant secretaries of state or other required governmental authorities) has been duly taken; provided however that, prior to the issuance of an original certificate of title for any newly acquired Included Rolling Stock, this requirement shall be deemed satisfied for up to 60 days after such acquisition by the delivery to Agent of an original copy of the manufacturer’s statement of origin, together with a copy of the application for the certificate of title noting Agent’s lien thereon and evidence of the submission for filing thereof and payment of all licensing and recording fees, in each case, relating to such Included Rolling Stock). Loan Parties shall, concurrently with delivery of each Borrowing Base Certificate (commencing with the Borrowing Base covering March 2011), deliver a written update to Schedule 8.4.4 (Vehicles; Rolling Stock), each of which update shall include a complete listing of all Included Rolling Stock, listing the vehicle identification number or serial number and state of registration of all such Included Rolling Stock.
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Related to Motor Vehicles and Rolling Stock

  • Motor Vehicles (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 owned by it, with the Collateral Agent listed as lienholder, for the benefit of the Noteholders.

  • Pennsylvania Motor Vehicle Sales Finance Act Licenses The Indenture Trustee shall use its best efforts to maintain the effectiveness of all licenses required under the Pennsylvania Motor Vehicle Sales Finance Act in connection with this Indenture and the transactions contemplated hereby until the lien and security interest of this Indenture shall no longer be in effect in accordance with the terms hereof.

  • Offers, Sales and Resales of Notes 1.1 While (i) the Issuer has and shall have no obligation to sell the Notes to the Dealer or to permit the Dealer to arrange any sale of the Notes for the account of the Issuer, and (ii) the Dealer has and shall have no obligation to purchase the Notes from the Issuer or to arrange any sale of the Notes for the account of the Issuer, the parties hereto agree that in any case where the Dealer purchases Notes from the Issuer, or arranges for the sale of Notes by the Issuer, such Notes will be purchased or sold by the Dealer in reliance on the representations, warranties, covenants and agreements of the Issuer contained herein or made pursuant hereto and on the terms and conditions and in the manner provided herein.

  • Vehicles Each Financed Vehicle to which a Designated Receivable relates was a new or used medium or heavy duty truck, truck chassis, bus or trailer at the time the related Obligor executed the Retail Note.

  • Provisions Concerning All Collateral 13 6.1. Protection of Collateral Agent's Security......................................... 13 6.2. Warehouse Receipts Non-Negotiable................................................. 14 6.3.

  • CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL SECTION 5.1. Pledge of Additional Securities Collateral 17

  • Incidents of Sale of Equipment Notes Upon any sale of all or any part of the Equipment Notes made either under the power of sale given under this Agreement or otherwise for the enforcement of this Agreement, the following shall be applicable:

  • Sale of Notes and Securitization Borrower acknowledges and agrees that the Lender may sell all or any portion of the Loan and the Loan Documents, or issue one or more participations therein, or consummate one or more private or public securitizations of rated single- or multi-class securities (the “Securities”) secured by or evidencing ownership interests in all or any portion of the Loan and the Loan Documents or a pool of assets that include the Loan and the Loan Documents (such sales, participations and/or securitizations, collectively, a “Securitization”). At the request of Lender, and to the extent not already required to be provided by Borrower under this Agreement, Borrower shall use reasonable efforts to provide information not in the possession of Lender or which may be reasonably required by Lender in order to satisfy the market standards to which Lender customarily adheres or which may be reasonably required by prospective investors and/or the Rating Agencies in connection with any such Securitization including, without limitation, to:

  • Certain Provisions Concerning Intellectual Property Collateral SECTION 6.1.

  • Application of Proceeds of Sale and Cash The proceeds of sale of the Pledged Securities sold pursuant to Section 10.5 hereof shall be applied by the Administrative Agent on behalf of itself, the Issuing Bank and the Lenders as follows:

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