Transferred Railcars definition

Transferred Railcars means, collectively, the Initial Railcars and the Additional Railcars.
Transferred Railcars means the Railcars described in Exhibit A to the Xxxx of Sale delivered on the Transfer Date, together with any and all options, warranties, service contracts, program services, test rights, maintenance rights, support rights, improvement rights, indemnifications, guarantees and Permits in connection therewith.
Transferred Railcars means the heated asphalt railcars listed on Appendix D.

Examples of Transferred Railcars in a sentence

  • To the best of the Seller’s knowledge, all of the Transferred Railcars have been produced in compliance with the applicable requirements of the Fair Labor Standards Act, as amended from time to time, or any successor statute, and regulations promulgated thereunder.

  • The Seller has conveyed to the Buyer good and marketable title to the Transferred Railcars and the Transferred Leases, free and clear of all Liens (other than Permitted Liens), and such conveyance is not void or voidable under any Applicable Law.

  • The Seller shall reimburse Buyer for property Taxes paid or to be paid by the Buyer for any period arising out of ownership of the Transferred Railcars prior to the Transfer Date with respect thereto.

  • For purposes of this Agreement, “ Transferred Leases” means all current leases of any one or more railcars included in the Transferred Railcars and all other contracts for use of any one or more railcars included in the Transferred Railcars more specifically described on Schedule 1, including, without limitation, all extensions, renewals, supplements and modifications of any of the foregoing.

  • TRIP Holdings has conveyed to the Company good and marketable title to the Transferred Railcars and the Transferred Leases, free and clear of all Liens (other than Permitted Liens), and such conveyance is not void or voidable under any Applicable Law.

  • With respect to the latter, the biggest concern is increased transmission of HIV/AIDS and / or other communicable diseases.

  • Government’s fiscal and monetary policies have responded to keep the inflation at single digits in Rwanda on account of both demand side and supply side factors.

  • Any expenses incurred prior to the Closing in respect of the Transferred Railcars shall be paid by the Company Group, regardless of when such expenses are invoiced.

  • TRIP Holdings shall promptly pay and discharge, or cause the payment and discharge of, all federal income taxes and other material taxes of TRIP Holdings which could leave a Lien on the Transferred Railcars when due and payable by TRIP Holdings, except such as may be contested in good faith by appropriate proceedings and for which an adequate reserve has been established and is maintained in accordance with GAAP.

Related to Transferred Railcars

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Transferred Inventory has the meaning set forth in Section 1.1(e).

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Subject Assets is defined in Section 2.2(c).

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Transferred IP means the intellectual property rights set out in the Asset List.

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Collection site means the location of waste containers on collection day.