Permitted Nominee definition
Examples of Permitted Nominee in a sentence
This is an agreement to lease only and title to Vehicles will at all times remain in the Lessor's name or in the name of the Lessor's Permitted Nominee.
II, a Delaware corporation ("AESOP Leasing II"), AESOP Leasing Corp., as Permitted Nominee of the Borrower, and AESOP Funding II L.L.C., a Delaware limited liability company (the "Lender").
The occurrence of an Event of Bankruptcy with respect to ARC, ARAC, AESOP Leasing, Original AESOP or any Permitted Nominee under any Franchisee Nominee Agreement.
II, a Delaware corporation ("AESOP Leasing II" or the "Borrower"), AESOP LEASING CORP., a Delaware corporation ("Original AESOP"), as Permitted Nominee of the Borrower, and AESOP FUNDING II L.L.C., a Delaware limited liability company ("AFC-II" or the "Lender").
From Completion the Purchaser irrevocably and unconditionally guarantees to the Vendor and will procure the due and punctual performance of each obligation of the Permitted Nominee contained in this Agreement and any of the Agreed Form documents.