Examples of Container Fleet in a sentence
Without limiting the foregoing, the Manager shall not knowingly discriminate in favor of or against the Managed Containers in connection with the management and operation of the Container Fleet.
Notwithstanding the foregoing, Manager shall have the right to allocate various indirect overhead expenses among containers in the Container Fleet (including the Managed Containers) in any way it deems appropriate as long as such allocation is non-discriminatory, fair and equitable, after giving due recognition to the cost, age and other factors relevant to the Managed Containers as compared to other containers in the Container Fleet.
The Manager shall keep, or, with respect to Managed Containers on lease, cause the related lessee, to keep, each Managed Container (i) in good repair and working order in a manner consistent with past practices, and (ii) in accordance with its maintenance and repair standards for the Container Fleet.
The Manager shall operate and lease the Managed Containers as part of its Container Fleet and shall perform all managerial and administrative functions and provide or arrange for the provision of all services and documentation of any nature which it considers necessary or desirable for such operation and leasing.
The Lease for such Managed Container shall contain terms that are not substantially different than the terms typically included in a Lease for a Container in the Container Fleet, it being understood that, as a matter of normal business practice, some lessees of Containers in the Container Fleet may negotiate Leases that include terms that are more favorable than terms in other leases; (xi) Adverse Selection.
Within one hundred twenty (120) days after the end of each fiscal year of the Manager, the Manager shall send to the Indenture Trustee and the Transition Agent listing of all Lessees in the Container Fleet.
Each and every item of Chattel Paper, installment sales agreement, equipment lease or rental agreement (including progress payment authorizations) to which a Container is subject from time to time and including any Lease entered into from time to time by TAL pursuant to which TAL leases one or more Containers from its Container Fleet.
The Master Lease and any other lease or sublease agreement entered into from time to time by the Manager or the Unit Manager pursuant to which the Manager or the Unit Manager leases one or more Containers from its Container Fleet.
XTRA International hereby assigns to XTRA all of XTRA International's right, title, and interest in all leases entered into by XTRA International relating to XTRA's Container Fleet; provided however, that prior to the termination of this Agreement pursuant to the terms of Section VI above, XTRA International shall have the right to collect and retain all amounts payable under such leases as they become due and payable.
Within one hundred twenty (120) days after the end of each fiscal year of the Manager, the Manager shall send to the Administrative Agent a listing of all Lessees in the Container Fleet.