Pledged Chassis definition

Pledged Chassis. This term shall have the meaning set forth in the Security Agreement.
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Pledged Chassis means all of the Chassis listed on Schedule 2 hereto, together with any Additional Chassis and Substitute Chassis pledged by a Borrower to the Agent from time to time, as evidenced by a revised Schedule 2 delivered to the Agent and the Custodian.
Sample 1Sample 2
Pledged Chassis means any chassis that is described on Schedule I hereto (including any ancillary equipment relating to such chassis and all attachments, components, parts, equipment and accessories installed thereon or affixed thereto), as such Schedule I is amended, modified or supplemented from time to time in accordance with the terms of the Credit Agreement.
Sample 1Sample 2

Examples of Pledged Chassis in a sentence

  • The Agent shall have received a copy of the Request for Application (as such term is defined in the Custody Agreement) delivered to the Filing Agent with respect to each Pledged Chassis identified on Schedule 2, and the Borrower shall have satisfied all delivery requirements set forth in the Custody Agreement.

  • Cause all Pledged Chassis which, under Applicable Law, are required to be registered, to be properly registered in the name of Trac.

  • Bush administration while still supporting a “strong, pragmatic, and principled” approach to foreign policy.

  • To the extent practicable, the Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Pledged Containers or Pledged Chassis, the Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

  • To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Pledged Containers or Pledged Chassis, such Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

  • Hence, compared to M ADGH, the expected loss of M ADGH is at most negligible which satisfiesi irequirement 2).

  • The Borrowers will maintain a Lease File with respect to each Pledged Chassis and shall make such Lease Files available for inspection pursuant to Section 9.8 hereof.

  • The physical damage equipment insurance policy shall pay the “Insured Value” (as defined in the physical damage equipment insurance policy) of a Pledged Chassis (which shall in no event be less than the related Net Book Value of such Pledged Chassis) where a Lessee has failed to pay on behalf of the Additional Insureds any or all of such amount.

  • Cause all Pledged Chassis (excluding Untitled Chassis and Untitled Canadian Chassis) which, under Applicable Law, are required to be registered, to be properly registered in the name of Trac.

  • The Borrowers will at all times maintain possession of the Pledged Chassis, except (i) for such time as such Pledged Chassis is in the possession of a Lessee pursuant to the terms of a Lease, or (ii) for temporary delivery thereof to depot owners and other Persons for repairs and maintenance made in the ordinary course of business.

Related to Pledged Chassis

  • Pledged Equity has the meaning specified in the Security Agreement.

  • Pledged Companies means each Person listed on Schedule 5 as a “Pledged Company”, together with each other Person, all or a portion of whose Equity Interests are acquired or otherwise owned by a Grantor after the Closing Date.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Additional Pledged Collateral means all shares of, limited and/or general partnership interests in, and limited liability company interests in, and all securities convertible into, and warrants, options and other rights to purchase or otherwise acquire, stock of, either (i) any Person that, after the date of this Agreement, as a result of any occurrence, becomes a direct Subsidiary of any Grantor or (ii) any issuer of Pledged Stock, any Partnership or any LLC that are acquired by any Grantor after the date hereof; all certificates or other instruments representing any of the foregoing; all Security Entitlements of any Grantor in respect of any of the foregoing; all additional indebtedness from time to time owed to any Grantor by any obligor on the Pledged Notes and the instruments evidencing such indebtedness; and all interest, cash, instruments and other property or Proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing, provided, that, in no event shall Additional Collateral include any Excluded Equity. Additional Pledged Collateral may be General Intangibles or Investment Property.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Pledged Certificated Stock means all certificated securities and any other Stock or Stock Equivalent of any Person evidenced by a certificate, instrument or other similar document (as defined in the UCC), in each case owned by any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, including all Stock and Stock Equivalents listed on Schedule 5. Pledged Certificated Stock excludes any Excluded Property and any Cash Equivalents that are not held in Controlled Securities Accounts to the extent permitted by Section 5.10.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Pledged Debt Instruments means all right, title and interest of any Grantor in Instruments evidencing any Indebtedness owed to such Grantor, including all Indebtedness described on Schedule 2 (Pledged Collateral), issued by the obligors named therein.

  • Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

  • Pledged Uncertificated Stock means any Stock or Stock Equivalent of any Person that is not a Pledged Certificated Stock, including all right, title and interest of any Grantor as a limited or general partner in any Partnership or as a member of any LLC and all right, title and interest of any Grantor in, to and under any Partnership Agreement or LLC Agreement to which it is a party.

  • Pledged Items means, as of any date, any and all securities and instruments delivered by the Pledgor to be held by the Collateral Agent under this Collateral Agreement as Collateral, whether Eligible Collateral or Ineligible Collateral.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Pledged Entity means an issuer of Pledged Shares or Pledged Indebtedness.

  • Pledged Debt has the meaning specified in the Security Agreement.

  • Initial Pledged Shares means, collectively, with respect to each Pledgor, the issued and outstanding shares of capital stock of each issuer described in Schedule 11 annexed to the Perfection Certificate together with all rights, privileges, authority and powers of such Pledgor relating to such interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such shares of capital stock and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to the Initial Pledged Shares.

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • Pledged when used in conjunction with any type of asset, means at any time an asset of such type that is included (or that creates rights that are included) in the Collateral at such time. For example, “Pledged Equity Interest” means an Equity Interest that is included in the Collateral at such time.

  • Pledged Treasury Securities has the meaning set forth in Section 2.1(c) of the Pledge Agreement.

  • Pledged Security Entitlements means all security entitlements with respect to the financial assets listed on Schedule 4.7(c) (as such schedule may be amended from time to time) and all other security entitlements of any Grantor.

  • Pledged Funds means all of the Series Pledged Funds.

  • Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments.

  • Debt Instruments means bonds, notes or other debt securities (however defined), which are or are intended to be quoted, listed, traded or otherwise admitted to trading on a Regulated Market or an MTF.