Lease Procedures Clause Samples
Lease Procedures. In connection with the Lease of any Acquired Vehicles to be leased on or after the Lease Commencement Date, to evidence the acquisition of such Acquired Vehicles by the Lessor, the applicable Lessee shall deliver to the Lessor the following:
(a) a Vehicle Order (including a Vehicle Acquisition Schedule) with respect to all Acquired Vehicles to be leased by such Lessee on the Lease Commencement Date;
(b) UCC termination statements terminating, or UCC partial releases releasing, any security interests and other liens (other than Permitted Liens) in favor of any Person with respect to each Acquired Vehicle leased on the Lease Commencement Date and identified in such Vehicle Order, and any related Vehicle Disposition Programs;
(c) with respect to the initial lease of Acquired Vehicles by such Lessee, a fully executed Assignment Agreement covering each Program Vehicle leased under this Annex A on the Lease Commencement Date or to be leased under this Annex A on any date thereafter, the related Vehicle Disposition Programs, and any other Master Collateral relating to such Vehicles. Each Lessee hereby agrees that each such delivery of a Vehicle Order shall be deemed hereunder to constitute a representation and warranty by the Lessee, to and in favor of the Lessor and the Trustee, that all the conditions precedent to the acquisition and leasing of the Vehicles identified in such Vehicle Order have been satisfied as of the date of such Vehicle Order.
Lease Procedures. In connection with the acquisition of any ---------------- Vehicles to be leased on or after the Lease Commencement Date, the Lessee shall deliver to the Lessor a Vehicle Order (including a Vehicle Acquisition Schedule) identifying Vehicles that the Lessee desires to lease from the Lessor prior to the related Vehicle Lease Commencement Date in accordance with Section 2.2 of ----------- the Base Lease. The Lessee hereby agrees that each such delivery of a Vehicle Order shall be deemed hereunder to constitute a representation and warranty by the Lessee, to and in favor of the Lessor that all the conditions precedent to the acquisition and leasing of the Vehicles identified in such Vehicle Order have been satisfied as of the date of such Vehicle Order.
Lease Procedures. Every Lessee (and any person under the Lessee) is obliged to comply with and is subject to the Rules of the POA and must adhere to the following procedures when they rent their units:
5.1. The Landlord (unit owner) must obtain the standard lease agreement from the POA to be completed and signed by the Lessor and Lessee.
Lease Procedures. In connection with the acquisition of any ---------------- Subsequently Acquired Vehicles to be leased on or after the Lease Commencement Date, the Lessee shall deliver to the Lessor a Vehicle Order (including a Vehicle Acquisition Schedule) with respect to all Subsequently Acquired Vehicles to be leased by the Lessor on the related Vehicle Lease Commencement Date.
Lease Procedures. In connection with the lease of any Acquired Vehicles to be leased on or after the Lease Commencement Date, to evidence the acquisition of such Acquired Vehicles by the Lessor, the applicable Lessee shall deliver to the Lessor the following:
(a) a Vehicle Order (including a Vehicle Acquisition Schedule) with respect to all Acquired Vehicles to be leased by such Lessee on or after the Lease Commencement Date; and
(b) UCC termination statements terminating, or UCC partial releases releasing, any security interests and other liens (other than Permitted Liens) in favor of any Person with respect to each Acquired Vehicle leased on or after the Lease Commencement Date and identified in such Vehicle Order. Each Lessee hereby agrees that each such delivery of a Vehicle Order shall be deemed hereunder to constitute a representation and warranty by the Lessee, to and in favor of the Lessor and the Trustee, that all the conditions precedent to the acquisition and leasing of the Vehicles identified in such Vehicle Order have been satisfied as of the date of such Vehicle Order.
