Initial Group II Closing Date definition
Examples of Initial Group II Closing Date in a sentence
Each of the Guarantor and the Lessee acknowledges its receipt of a copy of that certain opinion letter issued by White & Case LLP dated the Initial Group II Closing Date and addressing the issue of substantive consolidation as it may relate to the Guarantor, the Lessee and the Lessor.
From time to time, subject to the terms and provisions hereof, the Lessor agrees to lease to the Lessee and the Lessee agrees to lease from the Lessor, subject to the terms hereof, the Group II Trucks identified in Attachment A hereto (which Attachment A shall set forth the VIN, the model, model year, the manufacturer and the Initial Group II Closing Date Net Book Value of each Group II Truck and whether each such Group II Truck is a gas truck or a diesel truck).
The “Vehicle Lease Commencement Date” for each Group II Truck shall mean the Initial Group II Closing Date.
On or prior to the Initial Group II Closing Date, HVF II, the Securities Intermediary and the Trustee shall have established a securities account (the “Group II Collection Account”) in the name of, and under the control of, the Trustee that shall be maintained for the benefit of the Group II Noteholders.
The “CPF Lease Commencement Date” shall mean the Initial Group II Closing Date.
Within 10 days after the Initial Group II Closing Date, the Lessee or the Guarantor shall deliver to the Lessor a certificate(s) of insurance naming the Lessor, CPF and the Trustee as additional insureds as to the item required by Section 26.3. Such insurance shall not be changed or canceled except as provided below in Section 5.3.