Owned Trailers definition

Owned Trailers has the meaning specified in Section 2.1(a).

Examples of Owned Trailers in a sentence

  • The aggregate fair market value, on the Closing Date, of the Company Owned Tractors and the Company Owned Trailers, collectively, will be not less than Eleven Million One Hundred Eighty-Five Thousand Dollars ($11,185,000).

Related to Owned Trailers

  • Trailer means every vehicle without motive power designed for carrying property or passengers

  • Semitrailer means every vehicle of the trailer type so designed and used in conjunction with a

  • Pole trailer means every vehicle without motive power designed to be drawn by another vehicle and attached to the towing vehicle by means of a reach or pole or by being boomed or otherwise secured to the towing vehicle and ordinarily used for transporting long or irregularly shaped loads such as poles, pipes, or structural members capable, generally, of sustaining themselves as beams between the supporting connections.

  • semi-trailer means any trailer designed to be coupled to a motor vehicle in such a way that part of it rests on the motor vehicle and that a substantial part of its mass and the mass of its load is borne by the motor vehicle;

  • Automobile or watercraft transporters means any tractor truck, lowboy, vehicle, or combination,