Common use of Recovery and Remarketing Clause in Contracts

Recovery and Remarketing. (a) Upon the occurrence of a default or an event of default pursuant to the terms of any Transaction Documents (“Event of Default”) applicable to a Transaction (each such Transaction is hereafter referred to as a “Defaulted Transaction”), Company will, in good faith, pursue the recovery of the Vehicles subject to a Defaulted Transaction pursuant to the terms of the Service Agreement.

Recovery and Remarketing. (a) Upon the occurrence of a default or an event of default pursuant to the terms of any Transaction Documents (“Event of Default”) applicable to a Transaction (each such Transaction is hereafter referred to as a “Defaulted Transaction”), Company will, in good faith, pursue the recovery of the Vehicles Delivery Vehicle subject to a Defaulted Transaction pursuant to the terms of the Service Agreement.

Recovery and Remarketing. (a) Upon the occurrence of a default or an event Event of default Default pursuant to the terms of any the Transaction Documents (“Event of Default”) applicable to a Transaction (each such Transaction is hereafter referred to as a “Defaulted Transaction”), Company will, in good faith, pursue the recovery of the Vehicles Delivery Vehicle subject to a Defaulted Transaction pursuant to the terms of the Amended Service Agreement.

Recovery and Remarketing. (a) Upon the occurrence of a default or an event Event of default Default pursuant to the terms of any the Transaction Documents (“"Event of Default”") applicable to a Transaction (each such Transaction is hereafter referred to as a “"Defaulted Transaction”"), Company will, in good faith, pursue the recovery of the Vehicles Delivery Vehicle subject to a Defaulted Transaction pursuant to the terms of the Service Agreement.