Owned Cars definition

Owned Cars means the Rail Cars owned by Sellers that are described and listed on Schedule 1.8 hereto and any New Cars delivered to Sellers on or prior to the Closing Date pursuant to any Rail Car Purchase Order.
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Examples of Owned Cars in a sentence

  • For the avoidance of doubt, any Rail Cars delivered to Sellers on or prior to the Closing Date pursuant to a Rail Car Purchase Order (collectively, "New Cars") shall be considered "Owned Cars" and shall be deemed "Purchased Assets" at the Closing for all purposes of this Agreement.

  • Schedule 1.8 sets forth the location of each Owned Car, other than Owned Cars that are subject to an Owned Car Lease Contract as of the date hereof.

  • With respect to the Owned Cars only, each corresponding Document File contains, at a minimum: (i) a Form 4-2 certificate of construction; (ii) to the extent applicable, Exhibit R-1 and Exhibit R-2 reports describing any modifications or repairs; and (iii) for "stub sill" Rail Cars only, to the extent applicable, Form ▇▇-▇, ▇▇▇▇ ▇▇-▇ or Form SS-3 documenting any required inspection of the "stub sill" Rail Cars and attachment welds.