Transfer of Vehicles Sample Clauses

Transfer of Vehicles. RPTA shall not transfer, lease, or otherwise dispose of the Tempe Bus Fleet vehicles during the term of this Agreement without the written approval of Tempe.

Transfer of Vehicles. The Company covenants and agrees to, as soon as legally possible after the First Closing, effect the change of title owner for the vehicles listed on Schedule 7.3 from the individuals listed as title owners on Schedule 7.3 to Tianjin Shengkai Industrial Technology Development Co., Ltd.

Transfer of Vehicles a. Five (5) Business Days before the Closing, Seller shall provide to Buyer an updated Schedule 2(a). The purchase price for each Vehicle set forth on Schedule 2(a), as so updated by Seller from time to time, shall be the fair market value of such Vehicle as set forth in the Manheim Market Report on the day the updated Schedule 2(a) is delivered by Seller (the aggregate of all such purchase prices, the “Vehicle Purchase Price”). The Vehicle Purchase Price shall be paid, and title shall be transferred, through the Hertz Dealer Direct™ platform (“Dealer Direct”) and subject to the Dealer Direct terms and conditions subject to the Dealer Direct terms and conditions; provided that any requirement in such terms and conditions that Buyer have or submit an automobile dealer's license will be deemed inapplicable to the sale of Vehicles contemplated, and Buyer and Seller will cooperate in reducing the applicability of any sales tax to such sale. b. All Vehicles shall at the time of sale be without material frame, structural, fire or flood damage (visible or otherwise), shall have mileage therein not to exceed the sum of the mileage listed for such Vehicle, as updated per Section 17(a), plus 2,000 miles, shall be in reasonable condition (subject to normal, cosmetic wear and tear for a vehicle of similar mileage), and shall be free from any outstanding recall orders (other than recall orders where there is a declared fix). Buyer shall have the right to reject and not purchase any Vehicles presented by Seller that do not meet the standards related to mileage or outstanding recall orders. Further, all Vehicles shall have (i) a minimum of 4/32 tread depth for each tire (measured in at least two separate locations on the applicable tire) and (ii) no windshield star-shaped cracks in the driver’s field of view. Seller agrees to provide Buyer with a credit to the Purchase Price for (i) and (ii) if Buyer provides Seller with documentation within five (5) Business Days after the Closing or, for Vehicles under an Open Rental Agreement, within five (5) Business Days after the Vehicle is returned to a Location. Any credit for (i) shall be based on Seller’s historical cost to replace a similar tire. Any credit for (ii) shall be at Seller’s wholesale rate for such replacement. Further, in the event Buyer receives a Vehicle with material frame, structural, fire or flood damage (visible or otherwise), the Parties shall negotiate in good faith a reasonable credit to the Purchase Pric...

Transfer of Vehicles. After the Closing, Seller and the Company will take all reasonable steps to transfer title of the Vehicle from the Company to Seller (the “Vehicle Transfer”). Seller acknowledges and agrees that it shall be responsible for all Taxes, costs and expenses reasonably incurred by Parent, Acquisition Company or the Company in connection with such transfer and shall pay all such amounts prior to the Vehicle Transfer; provided, however, that to the extent that any such Taxes, costs or expenses arise after the Vehicle Transfer, Seller shall promptly pay such amounts upon the written request of Parent. The Seller shall cause and ensure that the Company does not renew the insurance policy covering the Vehicle (Policy No. 648657249 with Allstate Insurance), which policy terminates on June 5, 2014.

Transfer of Vehicles. Upon the execution of this AGREEMENT, (a) MBFD shall accept the Type 3 from AFD and (b) AFD shall accept the Rescue from MBFD. Each Party shall undertake such steps and execute such further documents as are required to reflect the transfer of title to each vehicle to the other Party.

Transfer of Vehicles. Seller shall transfer all of Seller's right, title and interest in and to any and all owned Vehicles by xxxx of sale and endorsed certificate or registration of title documents (collectively, the "Vehicle Transfer Documents"), free and clear of all security interests, liens, claims or encumbrances.

Transfer of Vehicles. In accordance with the vehicles contained on Schedule 2(g)(iv) of the Disclosure Schedule, Buyer shall utilize best efforts to transfer title to such vehicles to Xx. Xxxxx free and clear of all indebtedness thereon in an amount not to exceed twenty-five thousand dollars ($25,000).

Transfer of Vehicles. At Closing, Seller will deliver to Escrow Agent (for the benefit of Buyer) or Buyer, original title documents for all Vehicles.

Transfer of Vehicles. Vehicles will be delivered to Agent and picked up from Agent in accordance with PERITAS' procedures. All Vehicles are to be inspected by Agent for any physical damage at the time of delivery to, or pick up from, Agent.

Transfer of Vehicles. Within fifteen (15) days of the Effective Date, the City shall transfer ownership of the Vehicles, as described herein, to the School Board in exchange for the sum of zero dollars ($0.00). The City shall retain a lien on each Vehicle, which will be reflected on the title; therefore, the City will retain possession of the respective title documents until said liens are released by the City as provided herein. The School Board hereby acknowledges that it has been given the opportunity to inspect the Vehicles or to have the Vehicles inspected and is accepting the Vehicles from the City in their existing conditions. The City disclaims all warranties either expressed or implied related to the Vehicles, including, but not limited to, any implied warranty of merchantability or fitness for a particular purpose. Further, the City disclaims any warranty as to the condition of the Vehicles. The School Board does not assume, or authorize any person to assume on behalf of the School Board, any liability in connection with the sale of the Vehicles.