Common use of Marking of Lease Management System Clause in Contracts

Marking of Lease Management System. In connection with any contribution or sale of Additional Assets, Trans Leasing will, at its own expense, cause the Lease Management System to be marked to show that such Additional Assets have been contributed or sold to TLFC in accordance with this Agreement, on or prior to the applicable Addition Date.

Appears in 2 contracts

Samples: Contribution and Sale Agreement (Trans Leasing International Inc), Contribution and Sale Agreement (Trans Leasing International Inc)

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Marking of Lease Management System. In On or prior to the applicable Addition Date, in connection with any contribution or sale of Additional Assets, Trans Leasing will, at its own expense, cause the Lease Management System to be marked to show that such Additional Assets have been contributed or sold to TLFC in accordance with this AgreementAgreement and, on or prior to the applicable Addition Dateas necessary, further transferred and pledged.

Appears in 2 contracts

Samples: Contribution and Sale Agreement (Tl Lease Funding Corp Iv), Contribution and Sale Agreement (Trans Leasing International Inc)

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