Relinquished Vehicle definition

Relinquished Vehicle has the meaning specified in the Master Exchange Agreement; provided, however, that, “Relinquished Vehicle” shall include only a Closed-End Vehicle that was allocated to the Closed-End Collateral Specified Interest at the time of the disposition thereof.
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Relinquished Vehicle means a Vehicle that is “Relinquished Property” under and as defined in Appendix A to the Master Exchange Agreement.
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Relinquished Vehicle shall have the meaning ascribed to such term in the Exchange Agreement.
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Examples of Relinquished Vehicle in a sentence

  • The foregoing release shall cease to apply at such time as any such Relinquished Vehicle Proceeds have been deposited into the Lease Funding Account, the Company Account or any Exchange Note Account, in each case in accordance with the Master Exchange Agreement.

  • Notwithstanding the foregoing proviso, however, the security interest granted pursuant to this Section 2.1, and the definition of "Collateral," shall include any Relinquished Vehicle Proceeds deposited into the Lease Funding Account, the Company Account or any Exchange Note Account, in each case in accordance with the terms of the Master Exchange Agreement.

  • Notwithstanding the foregoing proviso, however, the security interest granted pursuant to this Section 2.1, and the definition of “Collateral,” shall include any Relinquished Vehicle Proceeds deposited into the Lease Funding Account, the Company Account or any Exchange Note Account, in each case in accordance with the terms of the Master Exchange Agreement.

  • Interference with operations above 2200 MHz. The proposed AWS-4 downlink band, 2180-2200 MHz, is adjacent to Federal operations in 2200-2290 MHz. Federal operations in the band 2200-2290 MHz consist mainly of space, airborne telemetry, and fixed point-to-point microwave radio relay communications.

  • The Intermediary, the Lender Agent and each Relinquished Vehicle Receivables Lender by accepting this Agreement and any and all benefits hereunder waives and releases any and all such liability.

  • AESOP Leasing and the Intermediary hereby agree that, with respect to each Relinquished Vehicle, AESOP Leasing shall assign and deliver, or shall cause its nominee to assign and deliver, the certificate of title therefor directly to the transferee of the Intermediary.

  • In furtherance of the authorization and direction made in Section 2.2(c) hereof, to the extent AESOP Leasing is deemed to retain any interest in the Relinquished Vehicle Property, it hereby authorizes the Intermediary to make each assignment and pledge pursuant to Section 2.2(c) hereof as (solely for such purpose) agent of AESOP Leasing.

  • In such event, prior to the expiration of the relevant Identification Period, AESOP Leasing, pursuant to a written notice substantially in the form of ANNEX 2 attached hereto, may rescind the prior identification to the Intermediary of such Identified Relinquished Vehicle (and the assignment of related rights pursuant to the relevant Manufacturer Purchase Agreement).

  • The server housing the City’s financial system, as well as the City firewall, are at their end of useful life and spare parts or software updates are no longer readily available.

  • If following the termination of this Agreement, the Intermediary receives any funds or other property constituting proceeds of Relinquished Vehicle Receivables or otherwise relating to the subject matter of this Agreement (excluding, however, any payments of Special Service Charges), it shall promptly pay such funds to the Trustee for deposit into the Collection Account.


More Definitions of Relinquished Vehicle

Relinquished Vehicle means each Vehicle transferred by AESOP Leasing to the Intermediary in contemplation of the exchange thereof for Replacement Vehicles (which transfer is not rescinded pursuant to Section 3.6 of this Agreement).
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Related to Relinquished Vehicle

  • Abandoned vehicle means any of the following:

  • Covered Vehicle means a private passenger vehicle (including mini-vans, pickup trucks and sport utility vehicles) which is registered or rented to You during Your Trip, which is rated ¾ ton in weight or less, not used for racing, dealer services, dealer loaners, taxi, limousine, shuttle, delivery, hauling, towing, road repair service, construction service, snow removal, or as a public livery vehicle, or any other commercial use.

  • Leased Vehicle means a new or used Nissan or Infiniti automobile, sport utility vehicle, minivan or light-duty truck, together with all accessories, parts and additions constituting a part thereof, and all accessions thereto, leased to a Lessee pursuant to a Lease.

  • Nonroad Vehicle means a vehicle that is powered by a Nonroad Engine, fifty horsepower and greater, and that is not a Motor Vehicle or a vehicle used solely for competition, which shall include, but not be limited to, excavators, backhoes, cranes, compressors, generators, bulldozers and similar equipment, except that this term shall not apply to horticultural maintenance vehicles used for landscaping purposes that are powered by a Nonroad Engine of sixty-five horsepower or less and that are not used in any construction program or project.

  • completed vehicle means a vehicle, resulting from the process of multi-stage type-approval, which meets the relevant technical requirements of this Directive;

  • Shared vehicle means a vehicle that is available for

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or

  • Subject Vehicle means the vehicle being tested.

  • Used vehicle means a Vehicle other than a New Vehicle.

  • Rebuilt vehicle means any salvage vehicle which has been rebuilt and inspected for the purpose of registration and title;

  • the vehicle means the vehicle named in the licence.

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Matured Vehicle as of any date means any Leased Vehicle the related Lease of which has reached its Maturity Date or has been terminated in connection with a Lessee Initiated Early Termination (and the Lessee is not in default under such Lease) or in connection with a Casualty Termination, which Leased Vehicle has been returned to the Servicer on behalf of the Titling Trust, if applicable.

  • Shared vehicle driver means an individual who has been authorized to drive the

  • Off-Road Vehicle means any vehicle while it is being operated on a road not maintained by a federal, provincial, state, or local agency, not including entrance or departure ways to private property, or any vehicle which cannot be licensed to drive on a public road and is designed and manufactured primarily for off-road usage.

  • Hybrid vehicle (HV) means a vehicle equipped with a powertrain containing at least two different categories of propulsion energy converters and at least two different categories of propulsion energy storage systems.

  • 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.

  • School vehicle means any school bus, school van, other school vehicle and private vehicle used to transport students or staff members to and from school or any school-sponsored activity or event.

  • Reconstructed vehicle means every vehicle of a type required to be registered under this title

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • Salvage vehicle means any vehicle which is within the last ten (10) model years and which has been damaged by collision or other occurrence to the extent that the cost of repairing the vehicle for safe operation on the highway exceeds sixty percent (60%) of its fair market value, as defined by Section 1111 of this title, immediately prior to the damage. For purposes of this section, actual repair costs shall only include labor and parts for actual damage to the suspension, motor, transmission, frame or unibody and designated structural components;

  • goods vehicle means a motor vehicle constructed or adapted for use for the carriage of goods or burden of any description or a trailer so constructed or adapted;

  • Rental Vehicle means the “auto” rented or leased by the “renter” from the “policyholder” and described in the “rental agreement.”

  • Articulated vehicle means a vehicle with three or more axles, comprising a power unit (called tractor, prime-mover etc.) and semi-trailer which is superimposed on the power unit and coupled together by means of a kingpin revolving on a turn-table and is an articulated vehicle whether automatically detachable or permanently coupled, but this definition does not apply to 2 axle log loaders.