Common use of Non-Program Vehicles Clause in Contracts

Non-Program Vehicles. Each Lessee agrees to use commercially reasonable efforts to dispose of, at its own expense, on behalf of the Lessor, each Vehicle that is a Non-Program Vehicle (i) in a manner reasonably likely to maximize proceeds from such disposition and consistent with industry practice and (ii) prior to the expiration of the Non-Program Maximum Term for such Non-Program Vehicle; provided that Lessee may commence such efforts, at its option, any time prior to the expiration of the Non-Program Maximum Term.

Non-Program Vehicles. Each Lessee agrees to use commercially reasonable efforts to dispose of, at its own expense, on behalf of the Lessor, each Series 1997 Vehicle that is a Non-Program Vehicle (i) in a manner reasonably likely to maximize proceeds from such disposition and consistent with industry practice and (ii) prior to the expiration of the Non-Program Maximum Term for such Non-Program Vehicle; provided that Lessee may commence such efforts, at its option, any time prior to the expiration of the Non-Program Maximum Term.

Non-Program Vehicles. Each Lessee agrees to use commercially reasonable efforts to dispose of, at its own expense, on behalf of the LessorLessor in the case of Non-Program Acquired Vehicles, each Vehicle that is a Non-Program Vehicle (i) in a manner reasonably likely to maximize proceeds from such disposition and consistent with industry practice and (ii) prior to the expiration of the Non-Program Maximum Term for such Non-Program Vehicle; provided that Lessee may commence such efforts, at its option, any time prior to the expiration of the Non-Program Maximum Term.