Common use of Return; Holdover Rent Clause in Contracts

Return; Holdover Rent. (a) Not less than 180 days prior to the end of the Basic Term or the end of the Renewal Term, if Lessee has elected to return the Units under Section 22.2, Lessee will provide Lessor with a list of not less than ten (10) alternative storage locations ("Storage Locations") used by Lessee for the storage of rolling stock within the Contiguous United States with sufficient available storage capacity to store the Units and the available storage capacities of such locations. Unless Lessee shall have purchased the Units pursuant to Section 22 of this Lease or pursuant to Section 6.9 of the Participation Agreement, not less than 90 days prior to the end of the Lease Term, Lessor will give Lessee irrevocable notice of its decision either to take possession of or store the Units. If Lessor shall have decided to take possession of the Units, the terms of Section 6.1 (b) will apply. If Lessor shall have decided to store the Units, the terms of Section 6.1(c) will apply.

Return; Holdover Rent. (a) Not less than 180 days prior to the end of the Basic Term or the end of the any Renewal Term, if Lessee has elected to return the Units under Section 22.2, Lessee will provide Lessor with a list of not less than ten (10) alternative storage locations ("Storage Locations") used by Lessee for the storage of rolling stock within the Contiguous United States with sufficient available storage capacity to store the Units and the available storage capacities of such locations. Unless Lessee shall have purchased the Units pursuant to Section 22 of this Lease or pursuant to Section 6.9 of the Participation Agreement, not less than 90 days prior to the end of the Lease Term, Lessor will give Lessee irrevocable notice of its decision either to take possession of or store the Units. If Lessor shall have decided to take possession of the Units, the terms of Section 6.1 (b) will apply. If Lessor shall have decided to store the Units, the terms of Section 6.1(c) will apply.

Return; Holdover Rent. (a) Not less than 180 days prior to the end of the Basic Term or the end of the any Renewal Term, if Lessee has elected to return the Units under Section 22.2, Lessee will provide Lessor with a list of not less than ten (10) alternative storage locations ("Storage Locations") used by Lessee for the storage of rolling stock within the Contiguous United States with sufficient available storage capacity to store the Units and the available storage capacities of such locations. Unless Lessee shall have purchased the Units pursuant to Section 22 of this Lease or pursuant to Section 6.9 of the Participation Agreement, not less than 90 days prior to the end of the Lease Term, Lessor will give Lessee irrevocable notice of its decision either to take possession of or store the Units. If Lessor shall have decided to take possession of the Units, the terms of Section 6.1 (b) will apply. If Lessor shall have decided to store the Units, the terms of Section 6.1(c) will apply.. Lease Agreement (TRLI 2001-1B)

Return; Holdover Rent. (a) Not less than 180 days prior to the end of the Basic Term or the end of the Renewal Term, if Lessee has elected to return the Units under Section 22.2, Lessee will provide Lessor with a list of not less than ten (10) alternative storage locations ("Storage Locations") used by Lessee for the storage of rolling stock within the Contiguous United States with sufficient available storage capacity to store the Units and the available storage capacities of such locations. Unless Lessee shall have purchased the Units pursuant to Section 22 of this Lease or pursuant to Section 6.9 of the Participation Agreement, not less than 90 days prior to the end of the Lease Term, Lessor will give Lessee irrevocable notice of its decision either to take possession of or store the Units. If Lessor shall have decided to take possession of the Units, the terms of Section 6.1Section (b) will apply. If Lessor shall have decided to store the Units, the terms of Section 6.1(c) will apply.

Return; Holdover Rent. (a) Not less than 180 days prior to the end of the Basic Term or the end of the any Renewal Term, if Lessee has elected to return the Units under Section 22.2, Lessee will provide Lessor with a list of not less than ten (10) alternative storage locations ("Storage Locations") used by Lessee for the storage of rolling stock within the Contiguous United States with sufficient available storage capacity to store the Units and the available storage capacities of such locations. Unless Lessee shall have purchased the Units pursuant to Section 22 of this Lease or pursuant to Section 6.9 of the Participation Agreement, not less than 90 days prior to the end of the Lease Term, Lessor will give Lessee irrevocable notice of its decision either to take possession of or store the Units. If Lessor shall have decided to take possession of the Units, the terms of Section 6.1Section (b) will apply. If Lessor shall have decided to store the Units, the terms of Section 6.1(c) will apply.. Lease Agreement (TRLI 2001-1B)