Collateral Leased Vehicle definition

Collateral Leased Vehicle means any Leased Vehicle that is the subject of a Collateral Lease Agreement and is pledged to the Lender under the Lending Facility.
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Examples of Collateral Leased Vehicle in a sentence

  • Each Collateral Leased Vehicle is titled in the name of the Titling Trust and the Collateral Agent is named lienholder on the related certificate of title.

  • The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2011-A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2011-A Reference Pool.

  • The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2012-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2012-B Reference Pool.

  • The parties designate the Collateral Leases and Collateral Leased Vehicles listed on Exhibit A to be the “2011-A Reference Pool” and each Collateral Lease and Collateral Leased Vehicle included in the 2011-A Reference Pool to be a “Lease” and a “Leased Vehicle,” respectively.

  • The parties designate the Collateral Leases and Collateral Leased Vehicles listed on Exhibit A to be the “2013-B Reference Pool” and each Collateral Lease and Collateral Leased Vehicle included in the 2013-B Reference Pool to be a “Lease” and a “Leased Vehicle,” respectively.

  • The fund is a closed fund that does not receive contribution income after 1 October 2008.

  • The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2015-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2015-B Reference Pool.

  • The parties designate the Collateral Leases and Collateral Leased Vehicles listed on Exhibit A to be the “2014-B Reference Pool” and each Collateral Lease and Collateral Leased Vehicle included in the 2014-B Reference Pool to be a “Lease” and a “Leased Vehicle,” respectively.

  • The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2014-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2014-B Reference Pool.

  • This applies to all facilities involved in the order and to all applicable records.

Related to Collateral Leased Vehicle

  • Leased Vehicle means a new or used Nissan or Infiniti automobile, sport utility vehicle, minivan or light-duty truck, together with all accessories, parts and additions constituting a part thereof, and all accessions thereto, leased to a Lessee pursuant to a Lease.

  • Covered Vehicle means a private passenger vehicle (including mini-vans, pickup trucks and sport utility vehicles) which is registered or rented to You during Your Trip, which is rated ¾ ton in weight or less, not used for racing, dealer services, dealer loaners, taxi, limousine, shuttle, delivery, hauling, towing, road repair service, construction service, snow removal, or as a public livery vehicle, or any other commercial use.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Rental Vehicle means the “auto” rented or leased by the “renter” from the “policyholder” and described in the “rental agreement.”

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • Finance Lease means any lease or hire purchase contract which would, in accordance with the Accounting Principles, be treated as a finance or capital lease.

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility