Remarket definition

Remarket has the meaning given in Section 11. --------

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Remarket or "REMARKETING" has the meaning given in this Supplement.

Remarket and "Remarketing" means to re-lease or sell Off-Lease Equipment and shall include, in addition, shipping, packing, refurbishing, reconditioning, installation, training, insuring and other activities essential to re-leasing or selling Off-Lease Equipment. Unless the context otherwise indicates, all capitalized terms not defined in this Agreement shall have the meanings set forth in the Purchase Agreement.

Examples of Remarket in a sentence

Pursuant to this appointment, Intel may directly solicit the interest of it customers and end-users in using the Remarket Items.
This Letter Agreement incorporates in the Purchase Agreement those terms applicable only to the Remarket Aircraft.
The terms "Remarket" or "Remarketing" as used herein will mean the -------- ----------- re-lease, rental, lease and sale of Systems as provided in this Section, on prices, terms and conditions acceptable to SBCC and consistent with Viisage's business practice.
SBCC hereby appoints Viisage as its sole --------------------- agent, to Remarket Systems purchased by SBCC for a term commencing with the date of this Agreement and continuing until all of the Systems subject to Remarketing are sold to the then Customer or other end user, and the provisions of this Section will apply with respect to the Remarketing of Systems during such term.
Provided that Viisage continues to Remarket any --------------- System which is subject to this Agreement; after the Termination Amount with respect to such System has been reduced to zero, all Remarketing Proceeds and other proceeds received by SBCC from or on account of such System shall be paid one half to SBCC and one-half to Viisage.
Viisage shall use its best commercially reasonable efforts to Remarket Systems.
Further, if any item of a System subject to Remarketing due to the occurrence of a Customer default is Off-Lease for a period of ninety (90) days or more, or if any item of a System subject to Remarketing due to any other reason is Off-Lease for a period of ninety (90) days or more, SBCC may, upon ten (10) days prior written notice, notify Viisage of SBCC's intention to Remarket such System.
Further, if any item of Equipment subject to Remarketing due to the occurrence of an Obligor Default is Off-Lease for a period of ninety (90) days or more, or if any item of Equipment subject to Remarketing due to any other reason is Off-Lease for a period of sixty (60) days or more, Buyer may, upon ten (10) days prior written notice, notify Seller of Buyer's intention to Remarket such Equipment.
Except as expressly amended by the terms of this Letter Agreement, Remarket Aircraft are in all other respects “Aircraft” under the terms of the Purchase Agreement.
If Viisage fails to Remarket the item within such ten (10) days, SBCC or its designee may remarket such System on its own behalf.

More Definitions of Remarket

Remarket. “Remarketing” or “Remarketed” has the meaning assigned in Section 9.01 of this Agreement.

Remarket used as a verb has a corresponding meaning.

Remarket means the re-lease or sale of Off-Lease Equipment by Client pursuant to Section 10.

Remarket or "Remarketing" has the meaning given in this Restated Supplement.