Leased Vehicles. Each Leased Vehicle purchased by the Seller is a new automobile or light duty truck.
Leased Vehicles. If a bus is operated by a person other than the owner as a part of a fleet that is subject to this Article, then the operator of such fleet must be deemed to be the owner of said bus for the purposes of this Article. [PL 0000, x. 000, Xx. X, §0 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).]
Leased Vehicles. Seller shall pay the remaining balances on any --------------- capital leases for motor vehicles and deliver title to such Personal Property to Buyer at Closing free and clear of all Liens.
Leased Vehicles. The Lessor hereby leases to the Lessee the vehicle(s) described in Exhibit 1 attached herewith and made a part hereof (hereinafter referred to as vehicle(s) upon the conditions and covenants set forth below). The vehicles shall be operated by the Lessee to serve the best interest and welfare of the Lessor and the public. The vehicles shall be maintained and operated in a manner that will provide the maximum amount of safety and protection to the Lessee's employees and passengers. The Lessee shall adhere to all drivers' license requirements set forth by the State and Federal governments. (Commercial Driver's License is required for all vehicles with a capacity of 16 or more passengers, including the driver). The Lessee will be responsible for all fees incurred for the registration (license tag) of the vehicle; form MVR 330, Transfer of Registration, will need to be completed and filed with the N.C. Division of Motor Vehicles (NCDMV). The Lessee shall utilize the Lessor's equipment in accordance with the procedures and guidelines set forth in FTA Circulars 5010.1D, dated November 1, 2008 and 9040.1F, dated April 1, 2007, or any subsequent revisions or amendments thereto, the Lessor description set forth in the Lessor's application and the Transportation Development Plan (TDP), Community Transportation Service Plan (CTSP) or Community Transportation Improvement Plan (CTIP) for County. The Lessee shall not sublease the Lessor's equipment to another entity without the expressed written consent of the Lessor and the NCDOT/ Public Transportation Division (PTD).
Leased Vehicles. Seller shall pay to the lessors the --------------- outstanding balances owed on all vehicle leases for the vehicles to be sold to Buyer hereunder, and shall transfer title to said vehicles to Buyer free and clear of all liens and encumbrances.
Leased Vehicles. The Corporation may settle claims arising from the operation of a vehicle leased or rented under a written agreement of more than one month directly with the owner and lessee of the vehicle, as their interests appear.
Leased Vehicles. A lessor of vehicles that is regularly engaged in the business of leasing or renting motor vehicles with- out drivers may be issued a license.
Leased Vehicles. Employees who are provided with a vehicle for the performance of their duties will be provided with credit cards for the purchase of gasoline and oil/changes only. Maintenance/gas cards are not to be used for vacation purposes. The present policy pertaining to the use of such leased vehicles will be maintained. The employer agrees to cover the GST on any repairs to damage of leased vehicles however caused. Present employees will be grandparented. After March 31, 2006, those on leased cars can remain on leases until they retire, leave or go on car allowance. Directors on car allowance will no longer have the leasing option after March 31, 2006. New hires shall only receive car allowance. Car Allowance All those in the bargaining unit receiving a car allowance shall receive $725.00 per month. The employer will provide reimbursement for auto insurance and license plates. Those receiving a car allowance will be provided with credit cards for the purchase of gasoline, and are also entitled to reimbursement for oil changes once every 5,000 kilometres or six month period, whichever occurs first. Maintenance/gas cards are not to be used for vacation purposes.
Leased Vehicles. Seller currently leases from Donlen Trust, a Delaware business trust (“Donlen”), the vehicles identified on Schedule 6.21 (the “Leased Vehicles”). Purchaser agrees to purchase the Leased Vehicles from Donlen effective as of the Closing Date. Purchaser agrees to indemnify, defend and hold harmless Seller and the other Seller Indemnified Parties from and against all Liabilities or other Damages asserted against, resulting to, imposed upon or incurred by Seller or any other Seller Indemnified Party by reason of or resulting from the ownership or use or operation of the Leased Vehicles by the Purchaser, its Affiliates or their respective Representatives from and after the Effective Time.
Leased Vehicles. During the Interim Period, Seller shall make all necessary arrangements to allow Buyer to make use of all vehicles leased to the Company governed by that certain Lease and Fleet Management Services Agreement dated as of October 31, 2011 by and among ARI Fleet LT, Automotive Rentals, Inc., and Xxxxxxxx Water Resources (CVR), Inc. (the “Interim Vehicle Lease”). During the Interim Period, Seller shall use commercially reasonable efforts to assist Buyer in executing a new lease agreement or agreements with respect to the vehicles leased under the Interim Vehicle Lease.
