Leasing company definition

Leasing company means that term as defined in 49 USC 14504a.
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Leasing company means a person or company engaged in the business of leasing or renting for compensation motor vehicles they own without drivers to a motor carrier, motor private carrier, or freight forwarder.
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Leasing company means a lessor that is engaged in the business of leasing or renting for compensation motor vehicles without drivers to a motor carrier, motor private carrier, or freight forwarder.
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Examples of Leasing company in a sentence

  • In the case of a lease, title to the POS equipment shall remain with the Leasing company until such time as the lease terms and conditions have been met as outlined in the Lease Agreement.

  • If ATM is leased, Buyer / Operator understands and acknowledges that through the lease purchase Agreement, Leasing company owns the ATM and buyout by Lessee is made at the end of the full term of lease as per the Lease Buyout Plan.

  • If client’s agree to pay a down payment the payment will be processed according to our client’s preferred method of payment directly with their preferred Leasing company.

  • For each lease, the Leasing company shall have received the sole original copy of the lease and neither GIS or the GIS subsidiary has pledged, assigned, sold, granted a security interest in or otherwise placed a lien on such lease.

  • The security interest hereby created shall, during the term the Loan Agreement, be subordinate only to the lien of Pacific Lighting Leasing company in the above stated amount.


More Definitions of Leasing company

Leasing company means each FleetCo and each Additional Leasing Company.
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Leasing company means an NBFC licensed by the Commission to provide leasing;
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Leasing company means a private leasing company registered according to the applicable laws and regulations of the Guarantor and selected by the Borrower pursuant to criteria set forth in Section I.B.1 of Schedule 2 to this Agreement.
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Leasing company means any lessor who, within the preceding 12 months, has leased 5 or more vehicles for a period of at least 4 months.
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Leasing company means an enterprise that makes leases or assembles leases for resale to a bank. Leases acquired by a state bank from an affiliated leasing company will be treated for purposes of this rule the same as if the lease was originated by the bank itself. In determining if an affiliate relationship exists, the provisions of Iowa Code section 524.1101 shall apply.
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Leasing company means a company which regularly engages in the long term lease of motor vehicles to its customers and which purchases Eligible Fleet Vehicles for the purpose of such leases, or as otherwise determined by customers and which purchases Eligible Fleet Vehicles for the purpose of such leases, or as otherwise determined by MAZDA.
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Leasing company means a legal entity that is registered and operating as a leasing company under the Guarantor’s Financial Leasing, Factoring and Financing Company Law (Law No. 6361 published in the Official Gazette dated December 13, 2012, No. 28496, as amended) and other applicable laws and regulations of the Guarantor pertaining to leasing.
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