AESOP II definition

AESOP II has the meaning assigned in the Recitals to this Agreement.
Sample 1Sample 2
AESOP II have used the proceeds from the sale of (a) commercial paper notes (the "Commercial Paper") by AESOP and (b) medium-term notes (the "Medium Term Notes") by AESOP II to provide loans to AESOP Leasing L.P., a special purpose bankruptcy-remote limited partnership ("AESOP Leasing"), and AESOP Leasing Corp. II, a special purpose bankruptcy-remote entity ("AESOP Leasing II") for their purchase of a fleet of vehicles to be leased to Avis Rent A Car System, Inc., a Delaware corporation ("ARACS"), and (ii) AESOP entered into a 364 day revolving liquidity facility in an amount up to $1,350,000,000 to provide backup liquidity for the Commercial Paper (the "Liquidity Facility"; collectively with the Commercial Paper and the Medium Term Notes, the "Fleet Financing Program"); and
Sample 1

Examples of AESOP II in a sentence

  • The aggregate requested borrowings hereunder on any Business Day shall be for an initial aggregate principal amount that, together with the Loan Principal Amount of Loans outstanding hereunder and under the AESOP I Finance Lease Loan Agreement and the AESOP II Loan Agreement on such date, shall not exceed the principal amount of Notes outstanding on such date.

  • The occurrence of an AESOP I Finance Lease Loan Event of Default or an AESOP II Loan Event of Default.

  • The aggregate requested borrowings hereunder on any Business Day shall be for an initial aggregate principal amount that, together with the Loan Principal Amount of Loans outstanding hereunder and under the AESOP I Operating Lease Loan Agreement and the AESOP II Loan Agreement on such date, shall not exceed the principal amount of Notes outstanding on such date.

  • After the occurrence of an Event of Bankruptcy with respect to ARAC, any other Lessee or ARC, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate all amounts attributable to the AESOP I Finance Lease Loan Agreement and the AESOP II Loan Agreement in accordance with the provisions of the Series 1997-2 Supplement.

  • It is the intention of the parties hereto that for U.S. federal income tax purposes each Loan made hereunder will constitute indebtedness of AESOP Leasing II to the Lender and that AESOP Leasing II shall be the owner of the Vehicles that are subject to the AESOP II Operating Lease.

  • All notices of any nature referred to in this Agreement shall be in writing and sent by registered or certified mail, postage prepaid, to the respective addresses set forth below or to such other addresses as the respective parties hereto may designate in writing: To the CITY: Timothy J.

  • Xxxxx Ladies and Gentlemen: This Loan Request is delivered to you pursuant to Section 3.2 of that certain AESOP II Loan Agreement, dated as of July 30, 1997 (as amended, supplemented, amended and restated or otherwise modified from time to time, the "Loan Agreement"), between AESOP Leasing Corp.

  • When inspections are performed, it will also be the responsibility of the Awardee to perform the preventative maintenance services detailed in Section 6, Item 1 as well.

  • The Lender (or the Trustee on behalf of the Secured Parties) has obtained, as security for the Liabilities, a first priority perfected Lien on all AESOP II Loan Collateral (except, with respect to perfection and priority, Vehicles titled in the states of Nebraska, Ohio and Oklahoma).

  • Following the occurrence of an AESOP II Operating Lease Event of Default, a Limited Liquidation Event of Default, a Liquidation Event of Default or a Manufacturer Event of Default, and upon the Lender's request, each Lessee shall advise the Lender in writing where all Vehicles leased hereunder as of such date are principally located.

Related to AESOP II

  • Group II The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • GROUP III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Eligible production company means that term as defined under section 455 of the Michigan business tax act, 2007 PA 36, MCL 208.1455.

  • TC means a term, condition, restriction or requirement imposed by a securities regulatory authority or regulator on the registration of a firm or an individual.

  • Senior Percentage As of any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates (other than the Class A-P Certificates) immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Class Licence Allowance Gross All-Purpose Wage A" Class Licence per week per hour 1 878.35 64.50 41.00 983.85 27.3292 2 918.90 64.50 41.00 1,024.40 28.4556 3 959.45 64.50 41.00 1,064.95 29.5819 4 999.95 64.50 41.00 1,105.45 30.7069 5 1,040.50 64.50 31.00 41.00 1,177.00 32.6944 45.90 1,222.90 33.9694 6 1,081.05 64.50 31.00 41.00 1,217.55 33.8208 45.90 1,263.45 35.0958 7 1,162.10 64.50 31.00 41.00 1,298.60 36.0722 45.90 1,344.50 37.3472 8 1,243.15 64.50 31.00 41.00 1,379.65 38.3236 45.90 1,425.55 39.5986 9 1,283.70 64.50 31.00 41.00 1,420.20 39.4500 45.90 1,466.10 40.7250 10 1,405.30 64.50 31.00 41.00 1,541.80 42.8278 45.90 1,587.70 44.1028 Rates of Pay from 1st March 2009

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. Part 1.45D-1(d).

  • QUALIFIED MUNICIPAL CORPORATION means a municipal corporation that, by resolution or ordinance adopted on or before December 31, 2011, adopted Ohio adjusted gross income, as defined by section 5747.01 of the Ohio Revised Code, as the income subject to tax for the purposes of imposing a municipal income tax.

  • Aggregate Senior Percentage With respect to any Distribution Date, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Certificate Balance of the Senior Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments in the Prepayment Period related to that prior Due Date).

  • Defined Contribution Plan Fraction means a fraction, the numerator of which is the sum of the Annual Additions to the Member's account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years (including the Annual Additions attributable to the Member's nondeductible employee contributions to all defined benefit plans, whether or not terminated, maintained by the Employer, and the Annual Additions attributable to all welfare benefit funds, as defined in Code Section 419(e), and individual medical accounts, as defined in Code Section 415(l)(2), maintained by the Employer), and the denominator of which is the sum of the maximum aggregate amounts for the current and all prior Limitation Years of service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The maximum aggregate amount in any Limitation Year is the lesser of 125 percent of the dollar limitation determined under Code Section 415(b) and (d) in effect under Code Section 415(c)(1)(A) of the Code or 35 percent of the Member's Compensation for such year. If the Member was a member as of the end of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction shall be adjusted if the sum of this fraction and the Defined Benefit Plan Fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the plan made after May 5, 1986, but using the Code Section 415 limitations applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all employee contributions as Annual Additions.

  • Zero Emission Vehicle (ZEV) means a vehicle that produces no emissions from the on- board source of power (e.g., All-Electric or hydrogen fuel cell vehicles).

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • State purchased health care or "health care" means medical

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Federally Qualified Health Center means a non-administrative medical facility with a fixed permanent location that is identified on the following search engines and offers health services on a sliding scale payment system: http://findahealthcenter.hrsa.gov or http://www.ihs.gov/ or http://www.aachc.org/.

  • Electric vehicle means a road vehicle that draws propulsion energy only from an on-board source of electrical energy.

  • Falcon has the meaning set forth in the preamble to this Agreement.

  • Original Class B-6 Percentage The Class B-6 Percentage as of the Cut-Off Date, as set forth in Section 11.13.