Rail Car Leases definition
Examples of Rail Car Leases in a sentence
All commissions due any Broker for procuring the Rail Car Leases shall be paid in full.
The Borrower represents and warrants (a) Borrower will be the absolute owner of the Rail Car Leases with full right and title to assign the Rail Car Leases to Lender; (b) that there will be no outstanding assignments or pledges of the same; (c) that there will be no existing defaults under the provisions of the Rail Car Leases on the part of any party to the Rail Car Leases; and (d) that all obligations on the part of the Borrower under the Rail Car Leases will be fully complied with.
That the Rail Car Leases will be duly executed and delivered and in full force and effect with no default existing thereunder, and all fees required to be paid under the Rail Car Lease will be paid in full with the exception of fees of an ongoing nature which commence upon completion of the Project.
Thereafter, Customer shall be obligated to reimburse UBE for all amounts due and owing under such Accepted Rail Car Leases.