Common use of Motor Vehicles Clause in Contracts

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,000, provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,000, 100,000; provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,00010,000,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) ownership owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors only if any such motor vehicle (or any such other Equipment) is valued at less than has a fair market value over $50,000, provided that the aggregate fair market value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than over $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors if any such motor vehicle (or any such other Equipment) is valued at less than over $50,000, provided that the aggregate value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership is less than over $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors if any such motor vehicle (or any such other Equipment) is valued at less than over $50,000150,000, provided that the aggregate value of all such motor vehicles (and such Equipment) Equipment as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership ownership) is less than over $500,0001,000,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors if any such motor vehicle (or any such other Equipment) is valued at less than over $50,000, provided that the aggregate value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership is less than over $500,000.

Motor Vehicles. Upon the reasonable request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles Motor Vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if to any such motor vehicle Motor Vehicle (or any such other Equipment) is valued at less than $50,000, provided that the aggregate with a fair market value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title $100,000 or ownership is less than $500,000less.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) ownership owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors only if any such motor vehicle (or any such other Equipment) is valued at less than has a fair market value over $50,000, provided that the aggregate fair market value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than over $500,000200,000.

Motor Vehicles. Upon the reasonable written request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,000, provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors if any such individual motor vehicle (or any such other Equipment) is valued at less than over $50,000, provided that 50,000 and if the aggregate value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership is less than over $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,00075,000, provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgor if any such motor vehicle (or any such other Equipment) is valued at less than over $50,00010,000, provided that the aggregate value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership is less than over $500,000100,000.

Motor Vehicles. Upon the request of the Collateral AgentAgents, each Pledgor shall deliver to the applicable Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the such Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,000, provided that the aggregate value of all motor vehicles (and such other Equipment) as to which any Pledgor Loan Party has not delivered a certificate of title or ownership is less than $500,0002,000,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors if any such motor vehicle (or any such other Equipment) is valued at less than over $50,000, provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement ; provided, however, that no such action shall not apply be required if any such motor vehicle (or any such other Equipment) is valued at less than $50,000, provided that the aggregate fair market value of all motor such vehicles (or Equipment does not exceed $20,000 individually and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,00075,000 in the aggregate.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,00050,000 (on a replacement value basis), provided that the aggregate replacement value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,000.

Motor Vehicles. Upon the request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Collateral Agent listed as lienholder therein. Such requirement shall not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,000100,000, provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or ownership is less than $500,0005,000,000.

Motor Vehicles. Upon the reasonable request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement only shall not apply to the Pledgors if any such motor vehicle (or any such other Equipment) is valued at less than over $50,000, provided that and the aggregate value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership is less than over $500,000.

Motor Vehicles. Upon the reasonable written request of the Collateral Agent, each Pledgor shall deliver to the Collateral Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates Certificates of title Title or ownership) owned by it, it with the Collateral Agent listed as lienholder therein. Such requirement shall not apply to the Pledgors if any such motor vehicle (or any such other Equipment) is valued at less than over $50,00075,000, provided that the aggregate value of all such motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate Certificate of title Title or ownership is less than over $500,000.