Excluded Vehicles definition

Excluded Vehicles means any which:

Excluded Vehicles is defined in Section 4.1.

Excluded Vehicles at any time, Vehicles with a model year older than 10 years at the time of determination, including all tires and appurtenances thereto.

Examples of Excluded Vehicles in a sentence

• Petrol powered vehicles 16 years old and less having travelled less than 225,000 kms at commencement of cover other than those listed in B, C and D and not listed in Excluded Vehicles.

• Subject to Section 9.1, Landlord acknowledges and agrees the Excluded Property and the Excluded Vehicles are not to be transferred to Landlord pursuant to this Section 8.4. Tenant shall execute and deliver such assignments, conveyance documents, bills of sale and other instruments as Landlord shall reasonably require to evidence the conveyances and transfers referenced in this Section 8.4 and otherwise reasonably assist Landlord with such conveyances and transfers.

• Attached hereto as Schedule 16 is a substantially true and correct list of each Vehicle (as defined in the Guarantee and Collateral Agreement) other than Excluded Vehicles (as defined in the Guarantee and Collateral Agreement) owned by a Borrower Party as of the date hereof, together with the owner of each such Vehicle, the model year of such Vehicle, the VIN number of such Vehicle, and an indication of whether such Vehicle is a tractor, trailer or “private passenger” Vehicle.

• The action in Ontario also alleged these defects exist in 2011-2013 Ford Edge and 2011-2013 Lincoln MKX vehicle models (the "Excluded Vehicles").

• Notwithstanding the above, Company is entitled to arrange with Fox to receive separately and outside the cash management arrangement, the proceeds of cash flow arising solely from the Excluded Vehicles, which proceeds Company may use to pay operating expenses and financing costs attributable to such Excluded Vehicles based on such allocation of operating expenses as is reasonably satisfactory to Amalgamated.

More Definitions of Excluded Vehicles

Excluded Vehicles means, at any time, Vehicles with a model year older than 10 years that are owned by a Grantor, including all tires and appurtenances thereto.

Excluded Vehicles means vehicles that are subject to a certificate of title law so long as the total value of such property at any one time does not exceed $1,000,000 in the aggregate.

Excluded Vehicles all Vehicles purchased with the proceeds of Vehicle Debt.

Excluded Vehicles means all Vehicles with individual Fair Market Values below $100,000; provided, that to the extent that the Company or any Restricted Subsidiary acquires any Vehicles and, following such acquisition(s), the aggregate Fair Market Values of all titled vehicles with individual Fair Market Values below $100,000 shall exceed $5.0 million, such Vehicles shall not be Excluded Vehicles.

Excluded Vehicles all trucks, trailers, construction and earth moving equipment, drilling rigs, well service rigs and workover rigs covered by a certificate of title issued by any State and having a purchase price (or if acquired for other than cash, a fair market value at the time of acquisition) of less than $50,000.

Excluded Vehicles as defined in the Master Guarantee and Collateral Agreement.

Excluded Vehicles has the meaning set forth in Section 4.1 of the Credit Agreement.