Common use of Rental Fleet; Business of the Credit Parties Clause in Contracts

Rental Fleet; Business of the Credit Parties. Each Loan Party that owns Inventory holds such Inventory for sale or lease and is in the business of selling goods of that kind.

Appears in 2 contracts

Samples: Second Lien Term Loan Credit Agreement (RSC Holdings Inc.), Second Lien Term Loan Credit Agreement (RSC Holdings Inc.)

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Rental Fleet; Business of the Credit Parties. (a) Each U.S. Loan Party that owns Inventory holds such Inventory for sale or lease and is in the business of selling goods of that kind. (b) Each Canadian Loan Party that owns Inventory (i) holds such Inventory for sale or lease and is in the business of selling goods of that kind.

Appears in 2 contracts

Samples: Credit Agreement (RSC Holdings Inc.), Credit Agreement (RSC Equipment Rental, Inc.)

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