Container Fleet definition

Container Fleet means the fleet of containers owned by the Royal Wolf Australia Group and the RWNZ Group.

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Container Fleet. At any time, the fleet of Containers owned or managed by TAL.

Container Fleet. All of the Containers owned by TCIL and/or managed by TCIL on behalf of third parties and its Affiliates, including the Managed Containers. Container Identification Number. The unique alpha-numeric reference assigned to a Managed Container which is painted on or affixed to such Managed Container. Container Related Agreement: Any agreement relating to the Managed Containers or agreements relating to the use or management of such Managed Containers whether in existence on the Closing Date or thereafter acquired, including, but not limited to, all Leases, the Management Agreement, the Contribution and Sale Agreement and the Chattel Paper to the extent it arises out of or in any way relates to the Managed Containers now owned or hereafter acquired by the Issuer. Container Representations and Warranties: With respect to each Container, the representations and warranties of the Seller as set forth in paragraphs j(iii) and (m) through (s) inclusive of Section 3.01 of the Contribution and Sale Agreement. Container Revenues: For any Collection Period, all amounts paid to and received by the Manager which are attributable to the Managed Containers, including but not limited to (i) per

Examples of Container Fleet in a sentence

Without limiting the foregoing, the Manager shall not knowingly discriminate in favor of or against the Managed Containers in connection with the management and operation of the Container Fleet.
The Manager shall keep, or, with respect to Managed Containers on lease, cause the related lessee, to keep, each Managed Container (i) in good repair and working order in a manner consistent with past practices, and (ii) in accordance with its maintenance and repair standards for the Container Fleet.
Notwithstanding the foregoing, Manager shall have the right to allocate various indirect overhead expenses among containers in the Container Fleet (including the Managed Containers) in any way it deems appropriate as long as such allocation is non-discriminatory, fair and equitable, after giving due recognition to the cost, age and other factors relevant to the Managed Containers as compared to other containers in the Container Fleet.
The Manager shall operate and lease the Managed Containers as part of its Container Fleet and shall perform all managerial and administrative functions and provide or arrange for the provision of all services and documentation of any nature which it considers necessary or desirable for such operation and leasing.
Such insurance may be effected by a policy which covers the entire Container Fleet, which policy shall include an additional insured and loss payee endorsement with respect to the Managed Containers in favor of the Indenture Trustee, for the benefit of the Noteholders.
Each and every item of Chattel Paper, installment sales agreement, equipment lease or rental agreement (including progress payment authorizations) to which a Container is subject from time to time and including any Lease entered into from time to time by TAL pursuant to which TAL leases one or more Containers from its Container Fleet.
Within one hundred twenty (120) days after the end of each fiscal year of the Manager, the Manager shall send to the Indenture Trustee and the Transition Agent listing of all Lessees in the Container Fleet.
In managing the Managed Containers, performing its duties pursuant to this Agreement and providing the services described herein, the Manager shall use reasonable commercial efforts which shall (a) include its best efforts to maximize profitability of the Managed Containers and of the Container Fleet, and (b) be the same efforts which it uses with the balance of the Container Fleet.
In return for the right to operate XTRA's Container Fleet and receive fleet financing services XTRA International shall pay to XTRA compensation for the use of XTRA's Container Fleet an amount equal to equipment depreciation expense calculated each fiscal year in accordance with the Internal Revenue Code of 1986 on equipment additions to XTRA's Container Fleet, plus allocated interest expense and other associated financing costs related to XTRA s Container Fleet.
To the extent one or more Units are removed from Schedule I pursuant to Section 10 of this Agreement, the first Units to be returned (and removed from the Pacer Fleet) will be Units previously included in the Shared Container Fleet, but UP and Pacer will use reasonable efforts to prioritize returns so that the oldest Containers are the first to be returned and removed from the Pacer Fleet.

More Definitions of Container Fleet

Container Fleet. All of the Containers owned by Triton Holdco or its Subsidiaries, including the Managed Containers, or managed by TCIL on behalf of third-party owners. “Container Identification Number”: The unique alpha-numeric reference assigned to a Managed Container which is painted on or affixed to such Managed Container.

Container Fleet. This term shall have the meaning set forth in the Management Agreement.

Container Fleet. At any time, the fleet of Containers owned or managed by TCIL and/or managed by TCIL on behalf of third parties and its Affiliates, including the Managed Containers. “Container Identification Number”: The unique alpha-numeric reference assigned to a Managed Container which is painted on or affixed to such Managed Container. “Container Related Agreement”: Any agreement relating to the Managed Containers or agreements relating to the use or management of such Managed Containers whether in existence on the Closing Date or thereafter acquired, including, but not limited to, all Leases, the Management Agreement, the Intercreditor Collateral Agreement, the Contribution and Sale Agreement and the Chattel Paper to the extent it arises out of or in any way relates to the Managed Containers now owned or hereafter acquired by the Borrower. “Container Representations and Warranties”: With respect to each Container, the representations and warranties of the Seller as set forth in paragraphs (v) through (ii) inclusive of Section 3.01 of the Contribution and Sale Agreement. “Container Revenues”: For any Collection Period, all amounts paid to and received by the Manager which are attributable to the Managed Containers, including but not limited to (i) per diem rental charges (excluding any prepayments thereof), Ancillary Fees and all charges paid in respect of the Managed Containers pursuant to Lease Agreements (including, without duplication, payments on Finance Leases in respect of Managed Containers) but excluding Excluded Amounts, (ii) amounts received from the manufacturers or sellers of the Managed Containers for breach of sale warranties relating thereto or in settlement of any claims, losses, disputes or proceedings relating to the Managed Containers, (iii) amounts received from any other Person in settlement of any claims, losses, disputes or proceedings relating to the Managed Containers, including lessee default insurance and any other insurance proceeds relating thereto, and (iv) any insurance premiums relating to the Managed Containers which have been refunded by the insurer. Notwithstanding the foregoing, Container Revenues shall not include Sales Proceeds. “Container Service Provider”: This term shall have the meaning set forth in the Management Agreement. “Container Transfer Certificate”: A Container Transfer Certificate, substantially in the form of Exhibit B to the Contribution and Sale Agreement, executed and delivered by the Seller and the Borrower in ...