Vehicle Disposition Programs Sample Clauses

Vehicle Disposition Programs. With respect to each Program Vehicle leased by a Lessee, comply, or cause the related Franchisee to comply, as appropriate, with all of its obligations under the applicable Vehicle Disposition Program relating to such Vehicle.
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Vehicle Disposition Programs. 30 Section 24.4.
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Vehicle Disposition Programs. Thrifty Finance is, or on the applicable date of purchase will be, an authorized fleet purchaser under the Vehicle Disposition Programs operated by Chrysler, Ford and Toyota (to the extent it has purchased or is purchasing Vehicles manufactured by such Manufacturers). Each of such Vehicle Disposition Programs, and any other Vehicle Disposition Program under which Thrifty Finance owns Vehicles, is in full force and effect (to the extent Thrifty Finance is purchasing Vehicles manufactured by such Manufacturers) and has not been previously assigned, transferred or pledged by Thrifty Finance (except to the Master Collateral Agent).
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Vehicle Disposition Programs. 36 SECTION 7.17. Other Representations............................................... 36
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Vehicle Disposition Programs. 40 SECTION 8.1.13. Use of Proceeds of Commercial Paper Notes........................... 41 SECTION 8.1.14. Vehicles............................................................ 41 SECTION 8.2. Negative Covenants.................................................. 41 SECTION 8.2.1. Liens............................................................... 41 SECTION 8.2.2. Other Indebtedness.................................................. 41 SECTION 8.2.3. Consolidations and Mergers ......................................... 41 SECTION 8.2.4. Sales of Assets..................................................... 42 SECTION 8.2.5. Acquisition of Assets............................................... 42 SECTION 8.2.6. Dividends, Officers' Compensation, etc.............................. 42 SECTION 8.2.7. Name; Chief Executive Office........................................ 42 SECTION 8.2.8. Organic Documents................................................... 42 SECTION 8.2.9. Investments......................................................... 42 SECTION 8.2.10. No Other Agreements; Amendments to CP Program Documents......................................................... 42 SECTION 8.2.11. Other Business...................................................... 43 SECTION 8.2.12. Offering Document................................................... 43
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Vehicle Disposition Programs. On the date of each Borrowing, each Manufacturer from which Group II Vehicles are purchased and each Vehicle Disposition Program covering Group II Vehicles shall be an Eligible Manufacturer and Eligible Vehicle Disposition Program, respectively.
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Vehicle Disposition Programs. DTFC agrees that it will (i) provide the Liquidity Agent, the Dealers and each Rating Agency with at least 30 days' prior written notice of its intention to make Advances to RCFC under the Series 1998-1 Notes for the purchase or financing by RCFC of Vehicles manufactured by any new Manufacturer, (ii) provide the Liquidity Agent, the Dealers and each Rating Agency with a copy of the draft Vehicle Disposition Program of such Manufacturer as it then exists at the time of such notice and a copy of the final Vehicle Disposition Program promptly upon its being available and (iii) certify to the Liquidity Agent and the Liquidity Lenders that such new Manufacturer is an Eligible Manufacturer and that such Vehicle Disposition Program is an Eligible Vehicle Disposition Program at such time. In no event shall DTFC agree, to the extent any consent of DTFC is solicited or required by the Manufacturer or any assignor of such Vehicle Disposition Program, to any change in any Vehicle Disposition Program that is reasonably likely to materially adversely affect its rights or the rights of the Secured Parties with respect to any Vehicle previously purchased under such Vehicle Disposition Program.
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Vehicle Disposition Programs. RCFC is an authorized fleet purchaser under the Vehicle Disposition Programs operated by each Eligible Manufacturer with respect to Program Vehicles as defined in each Series Supplement for Outstanding Series of Notes. Each Vehicle Disposition Program with respect to Vehicles that are owned by RCFC and treated as Program Vehicles under the Series Supplement for any Series is in full force and effect and has not been assigned, transferred or pledged by RCFC other than to the Master Collateral Agent.
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Related to Vehicle Disposition Programs

  • Disposition Services The Manager shall:

  • Other Dispositions Notwithstanding the foregoing provisions of this Article X, so long as an Event of Default shall have occurred and be continuing, any amount that would otherwise be payable to or for the account of, or that would otherwise be retained by, Lessee pursuant to this Article X shall be paid to the Agent (or Lessor if the Loans have been fully paid) as security for the obligations of the Lessees under this Lease and, at such time thereafter as no Event of Default shall be continuing, such amount shall be paid promptly to the related Lessee to the extent not previously applied by Lessor or the Agent in accordance with the terms of this Lease or the other Operative Documents.

  • Pennsylvania Motor Vehicle Sales Finance Act Licenses The Indenture Trustee shall use its best efforts to maintain the effectiveness of all licenses required under the Pennsylvania Motor Vehicle Sales Finance Act in connection with this Indenture and the transactions contemplated hereby until the lien and security interest of this Indenture shall no longer be in effect in accordance with the terms hereof.

  • Discontinued Disposition By its acquisition of Registrable Securities, each Holder agrees that, upon receipt of a notice from the Company of the occurrence of any event of the kind described in Section 3(d)(iii) through (vi), such Holder will forthwith discontinue disposition of such Registrable Securities under a Registration Statement until it is advised in writing (the “Advice”) by the Company that the use of the applicable Prospectus (as it may have been supplemented or amended) may be resumed. The Company will use its best efforts to ensure that the use of the Prospectus may be resumed as promptly as is practicable. The Company agrees and acknowledges that any periods during which the Holder is required to discontinue the disposition of the Registrable Securities hereunder shall be subject to the provisions of Section 2(d).

  • Dispositions and Involuntary Dispositions The Issuer shall promptly (and, in any event, within three (3) Business Days) upon the receipt by any Note Party or any Subsidiary of the Net Cash Proceeds of any Disposition or Involuntary Disposition (other than, so long as no Default or Event of Default exists at the time prepayment would otherwise be required pursuant to this Section 2.07(b)(i), where such Net Cash Proceeds of Dispositions and Involuntary Dispositions do not exceed (x) prior to the Combination Closing Date, $1,000,000 and (y) on or after the Combination Closing Date, $3,000,000, in each case, in the aggregate in any fiscal year ((x) or (y), as applicable, the “De Minimis Disposition Proceeds”)) apply 100% of such Net Cash Proceeds to prepay the Notes, the accrued but unpaid interest thereon and, subject to Section 2.12 of the Intercreditor Agreement, the Call Premium, if any, payable thereon, to the extent such Net Cash Proceeds are not reinvested in Eligible Assets (x) prior to the Combination Closing Date, within 90 days of the date of such Disposition or Involuntary Disposition or (y) on or after the Combination Closing Date, (i) within twelve months following receipt of such Net Cash Proceeds or (ii) if the Issuer or any Subsidiary enters into a legally binding commitment to reinvest such Net Cash Proceeds within twelve months following receipt thereof, within the later of (A) twelve months following receipt of such Net Cash Proceeds and (B) 180 days of the date of such legally binding commitment; provided, that if at the time that any such prepayment would be required, the Issuer is also required to prepay the Lockheed Xxxxxx Senior Secured Notes (to the extent required by the NPA) with any portion of such Net Cash Proceeds, then the Issuer may apply such portion of the Net Cash Proceeds on a pro rata basis (as determined in accordance with Section 2.12 of the Intercreditor Agreement) and any Declined Proceeds pursuant to clause (iv) below, in each case, to the prepayment of such outstanding amounts, plus accrued and unpaid interest thereon, under the NPA. Notwithstanding the foregoing, the Issuer and its Subsidiaries may not exercise the reinvestment rights set forth in the preceding sentence with respect to the Net Cash Proceeds (other than the De Minimis Disposition Proceeds) in excess of $10,000,000 in the aggregate. Any prepayment pursuant to this clause (i) shall be applied as set forth in clause (iv) below.

  • REO Disposition Within 30 days following an REO Disposition, the Servicer shall provide to the Master Servicer a statement of accounting for the related REO, including without limitation, (i) the loan number of the related Mortgage Loan, (ii) the date such Mortgaged Property was acquired in foreclosure or by deed in lieu of foreclosure, (iii) the date of REO Disposition, (iv) the gross sales price and related selling and other expenses, (v) accrued interest calculated from the date of acquisition to the disposition date and (vi) such other information as the related trustee may reasonably request.

  • No Disposition, Etc The Pledgor shall not sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, any of the Pledged Securities, nor will it create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any other encumbrance with respect to any of the Pledged Securities, or any interest therein, or any proceeds thereof, except for the lien and security interest provided for by this Agreement.

  • Portfolio Transactions The Manager is authorized to select the brokers or dealers that will execute the purchases and sales of portfolio securities for the Portfolio and is directed to use its best efforts to obtain the best available prices and most favorable executions, except as prescribed herein. It is understood that the Manager will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund or to the Portfolio, or be in breach of any obligation owing to the Fund or to the Portfolio under this Agreement, or otherwise, solely by reason of its having caused the Portfolio to pay a member of a securities exchange, a broker, or a dealer a commission for effecting a securities transaction for the Portfolio in excess of the amount of commission another member of an exchange, broker, or dealer would have charged if the Manager determines in good faith that the commission paid was reasonable in relation to the brokerage or research services provided by such member, broker, or dealer, viewed in terms of that particular transaction or the Manager’s overall responsibilities with respect to its accounts, including the Fund, as to which it exercises investment discretion. The Manager will promptly communicate to the officers and directors of the Fund such information relating to transactions for the Portfolio as they may reasonably request.

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Asset Sales (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, consummate an Asset Sale unless:

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