Initial Vehicles definition

Initial Vehicles means those trucks leased pursuant to the ---------------- Original Lease Agreement immediately prior to the Closing Date.
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Initial Vehicles means the Vehicles acquired by National from Old National under the Asset Purchase Agreement on June 9, 1995.
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Initial Vehicles means the Vehicles financed by National under the NFC Financing Documents on June 9, 1995.
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Examples of Initial Vehicles in a sentence

  • As of the Series 1996-2 Closing Date, there are no Initial Vehicles that are part of the Refinanced Vehicles.

  • Initial Vehicles ...........................................................................

  • The Servicer shall cause the Certificates of Title with respect to each Vehicle owned by National (other than the Initial Vehicles) to show National, and each Vehicle owned by NFLP (other than the Initial Vehicles) to show NFLP, as the registered owner and Citibank, N.A., as agent, as the first lienholder, at the address referred to in the next sentence.

  • The Liquidity Agent shall have received: (a) an executed copy of an assignment agreement, pursuant to which GMAC has assigned its Lien with respect to the Initial Vehicles to the Master Collateral Agent; and (b) evidence (which may be telephonic) of the filing of proper financing statements (form UCC-3) necessary to release all security interests and other rights of GMAC in the Initial Vehicles previously granted by Old National to GMAC.

  • The Vehicle Acquisition ---------------------------- Schedule with respect to the Initial Vehicles.

  • Leasco shall have good and marketable title to -------- each Vehicle purchased or financed by it with the proceeds of the Loans, free and clear of all Liens and encumbrances, except for Permitted Liens and except for those Initial Vehicles subject to the Vehicle Title Nominee Agreement.

  • From time to time, subject to the ------------------- terms and conditions hereof, the Lessor agrees to lease to the Lessee and the Lessee agrees to lease from the Lessor the Initial Vehicles and each Subsequently Acquired Vehicle identified in a vehicle order summary (each, a "Vehicle Order").

  • Rental ULC and Funding LP hereby acknowledge and agree that this Agreement is intended as an agreement to lease only, that title to the Leased Vehicles will at all times remain in the name of Rental ULC or, in respect of the Initial Vehicles, Funding LP as nominee for the benefit of Rental ULC and that Funding LP will have no rights or interest in such Leased Vehicles whatsoever other than the rights of possession and use as provided herein.

  • The Servicer shall take, or shall cause to be taken, such action as shall be necessary to submit all of the Certificates of Title (other than Certificates of Title with respect to the Initial Vehicles) to the appropriate state authority for notation of the Master Collateral Agent's lien thereon.

  • Each of National, NFLP, each Financing Source and each Beneficiary hereby authorizes the Master Collateral Agent to be named as the first lienholder on the Certificates of Title for the Vehicles (other than the Initial Vehicles), in a representative capacity, as Master Collateral Agent for the Beneficiaries.


More Definitions of Initial Vehicles

Initial Vehicles means all trucks acquired by the Lessor from the Seller ---------------- pursuant to the Acquisition.
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Related to Initial Vehicles

  • Recreational Vehicle (RV) means a vehicle, which is:

  • Recreational vehicle park means any tract of land used for parking five or more self-contained recreational vehicles and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as part of the park facilities and any tract of land that is subdivided for lease or other contract of the individual lots for the express or implied purpose of placing self-contained recreational vehicles for recreation, vacation, or business purposes.

  • Vehicles means all railcars, cars, trucks, trailers, construction and earth moving equipment and other vehicles covered by a certificate of title law of any state and all tires and other appurtenances to any of the foregoing.

  • Investment Vehicles means any investment company, separately managed account or pooled investment fund, including, but not limited to: (i) mutual fund families, exchange-traded funds, fund of funds and hedge funds; and (ii) employee benefit plans.

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.