Leasco definition

Leasco means RCTR, Inc., a special purpose Delaware corporation and a wholly owned subsidiary of the Borrower.
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Leasco means RCTR, Inc., a special purpose Delaware corporation that is a Wholly Owned Subsidiary, and any other Wholly Owned Subsidiary that is established for the purpose of entering into a Securitization with respect to the Vehicles.
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Leasco shall have the meaning given such term in the preamble to this Agreement.
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Examples of Leasco in a sentence

  • Any tax sharing agreement between Seller and Leasco is terminated as of the Closing Date and will have no further effect for any taxable year (whether the current year, a future year, or a past year).

  • Leasco shall not (i) amend, terminate or surrender any material franchise, license, contract or real property interest, or (ii) sell or dispose of any of its assets except in the ordinary course of business.

  • The Shares constitute all of the issued and outstanding shares of capital stock of Leasco.

  • All representations and warranties of Seller and Leasco contained in this Agreement shall have been true and correct, in all material respects, when made and shall be true and correct, in all material respects, at and as of the Closing with the same effect as though such representations and warranties were made at and as of the Closing.

  • Seller shall cause Leasco to comply with its obligations under this Agreement.

  • Following the Closing, Seller will have no liability for any debts, liabilities or obligations of Leasco or its business or activities, and there are no outstanding guaranties, performance or payment bonds, letters of credit or other contingent contractual obligations that have been undertaken by Seller directly or indirectly in relation to Leasco or its business and that may survive the Closing.

  • Leasco shall operate and Seller shall cause Leasco to operate in accordance with past practices and shall use best efforts to preserve its goodwill and the goodwill of its employees, customers and others having business dealings with Leasco.

  • Seller and Leasco shall have performed and complied with all covenants and agreements and satisfied all conditions, in all material respects, required by this Agreement to be performed or complied with or satisfied by them at or prior to the Closing.

  • Seller will include the income and loss of Leasco (including any deferred income triggered into income by Reg.

  • Seller is the owner of all of the issued and outstanding capital stock of Leasco.


More Definitions of Leasco

Leasco or the "Lessor"), and Ryder TRS, Inc., a Delaware corporation ------- ------ ------ ("Ryder", "TRS" or the "Lessee") amends and restates the Master Motor Vehicle ----- --- ------ Lease Agreement (the "Original Lease Agreement"), dated as of October 17, 1996, ------------------------ by and between the Lessor and the Lessee.
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Leasco means RCTR, Inc., a Delaware corporation. ------
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Related to Leasco

  • Leash means a leash, cord, chain, or other comparable material which must be of a gauge suitable for controlling said dog and shall not be longer than six feet.

  • Leasing company means that term as defined in 49 USC 14504a.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Rental company means any person or entity in the business of primarily providing vehicles intended for the private transportation of passengers to the public under a rental agreement for a period not to exceed ninety days.

  • Leasing means the rental, leasing, or financing under operating leases, finance leases or hire purchase or rental agreements, of property, whether real, personal, tangible or intangible.