Fleet Facility definition
Examples of Fleet Facility in a sentence
The Contractor shall file the Annual Fleet Facility Compliance Report for Vehicle Emissions Inspection Program (Virginia Department of Environmental Quality).
The Employer recognizes the establishment of the Union's Negotiating Committee to be comprised of one (1) Watch Center Supervisor and one (1) alternate Watch Center Supervisor, one (1) Fleet Facility Security Officer, and one (1) Workforce Development Lead.
Issuer shall not amend, restate or otherwise modify any other provisions of the Fleet Facility except in accordance with the terms and conditions set forth in the Fleet Facility and unless Holders shall have received notice pursuant to SECTION 10.04 at least five (5) Business Days prior to the amendment, restatement or other modification.
The Fleet Facility shall have been extended and continuing on terms satisfactory to the Purchasers.
Issuer shall not obtain Interest Rate Contracts having an aggregate notional amount in excess of 50% of the Issuer's exposure to an interest rate increase under the Fleet Facility.
The transactions contemplated under the Amended Fleet Facility shall have closed prior to, or simultaneously on, the Closing Date.
If the Fleet Facility Debt has been paid in full and the commitments thereunder terminated, the Collateral Agent shall retain the right at all times after the occurrence of a Default or an Event of Default to notify Account Debtors of the Grantors that Accounts have been assigned to the Collateral Agent and to collect Accounts directly in its own name and to charge to the Grantors the collection costs and expenses, incurred by the Collateral Agent, including reasonable attorneys' fees.
The warrants shall be deemed fully earned by VPVP upon the execution of the Guaranty and the closing of the Fleet Facility.
The Company will use commercially reasonable efforts to enter into the Amended Fleet Facility, the Management Compensation Arrangements and the Provident Waiver within ten Business Days after the date of this Agreement and, in any event, prior to mailing the Proxy Statement to the Company Stockholders.
Issuer shall not agree to any amendment, modification, waiver, consent, renewal, replacement or restatement of any of the provisions of the Fleet Facility which, in any way, (i) increases the principal in excess of the amounts permitted by SECTION 7.06, (ii) changes the financial covenants contained in the Fleet Facility, or (iii) adversely affects the rights granted to the Holders hereunder, without the prior written consent of the Holders.