Owned Fleet definition
Owned Fleet means the fleet of Vehicles owned by Transnet;
Examples of Owned Fleet in a sentence
Transnet is the owner of the Owned Fleet and until such time as Vehicles forming part of the Owned Fleet are disposed of by Transnet in accordance with the provisions of clause 20, shall remain the property of Transnet.
The amounts used in these analyses, which were derived from the appraisals and other information provided by Diamond S and INSW, including the Appraisal Adjustments, as well as the resulting Implied Adjusted NAVs, were as follows: Owned Fleet Value(1) .