Examples of Rental Fleet in a sentence
The Borrower will not permit the aggregate net book value of all crane products of the Borrower and its Subsidiaries that are part of their Rental Fleet to exceed $100,000,000 at any time.
Each Borrower shall keep records of its Rental Fleet that are accurate and complete in all material respects and shall furnish the Agents with inventory reports respecting such Rental Fleet in form and detail reasonably satisfactory to the Agents and Lenders at such times as the Agents may reasonably request.
The sale of the Rental Fleet is made without warranty of any kind, except as set forth in SECTION 5; and provided further that Seller will provide a limited 90-day warranty on the Rental Inventory and the Additional Inventory as provided in EXHIBIT D.
GM will pay to the Daily Rental Fleet Customer (hereinafter “DRFC”) a pro rata portion of the matrix money on the fourth Thursday of the month following Vehicle delivery and receipt of an electronic media transmission to GM’s Remarketing Information System (RIMS) by the second Friday of the month.
In addition, as the majority of the Kingdom’s population are young, the second table above reflects the correspondingly younger average age of the Company’s customers and it also supports the car rental fleet mix shown in Table 4.13 (Overview of the Rental Fleet Mix by Make from 2017G to the Three-Month Peroid Ended 31 March 2020G) as the young generation, generally, forms part of the low and medium income groups of the population.