Rental Fleet definition

Rental Fleet means more than 25 motor vehicles that are:

Rental Fleet means Vehicles the Rental Owner designates as a Rental Fleet and which are offered for rent with or without drivers.

Rental Fleet means a fleet categorized under the North American Industry Classification System (NAICS) as an establishment engaged in renting passenger cars without drivers, generally for short or long periods of time (2007 NAICS code 532111 and 532112).

Examples of Rental Fleet in a sentence

• Multiply the number of Vehicles in the Rental Fleet by the percentage determined in clause (i).For purposes of this Section, gross rental revenue is earned in a Jurisdiction when the Vehicle rented first comes into the possession of the Lessee in that Jurisdiction.Rental passenger car Allocation may be optional on the part of a Member Jurisdiction.

• The Borrower will not permit the aggregate net book value of all crane products of the Borrower and its Subsidiaries that are part of their Rental Fleet to exceed $100,000,000 at any time.

• Multiply the number of vehicles in the Rental Fleet by the percentage determined in clause (i).For the purposes of this section, gross rental revenue is earned in a jurisdiction when the vehicle rented first comes into the possession of the lessee in that jurisdiction.

• These sums are in addition to any incentives due under the terms and conditions of GM’s Model Year Daily Rental Fleet Programs, if any are available.

• The sale of the Rental Fleet is made without warranty of any kind, except as set forth in SECTION 5; and provided further that Seller will provide a limited 90-day warranty on the Rental Inventory and the Additional Inventory as provided in EXHIBIT D.

More Definitions of Rental Fleet

Rental Fleet means all crane products owned by the Borrower or its Subsidiaries which are (a) included in the consolidated balance sheet of the Borrower and (b) for which the current business purpose is to rent such crane products to customers under operating leases. GAAP restatement equipment and sale-leaseback equipment shall not be included in the Rental Fleet.

Rental Fleet means vehicles that are designated in the manner prescribed by the department as a rental fleet.

Rental Fleet all Equipment owned by or leased to the Parent Borrower or a Subsidiary of a Parent Borrower.

Rental Fleet means the assets of the Acquired Companies of the type that comprise the “Rental equipment, net” line item presented in the Company’s financial statements, including with respect to sales-type capital leases, and determined in accordance with the Accounting Principles.

Rental Fleet means microturbine assets owned by the Company or its Subsidiaries that are available to rent, or already on rent, to end-use customers for on-site power generation. As of the Additional Notes Closing Date, the total capacity of the Rental Fleet is 8.6 MW.

Rental Fleet means vehicles which are rented or offered for rental with or without drivers, and which are designated by a rental owner as a rental fleet.

Rental Fleet means, collectively, the Rental Inventory and the Leases, and following the Second Closing Date, if any, the Additional Inventory and