Rolling Stock Collateral definition
Examples of Rolling Stock Collateral in a sentence
In addition, and not in limitation of the rights of Agent hereunder or under the Rolling Stock Custodian Agreements, promptly upon Agent’s request, Agent may require that Rolling Stock Collateral Administrator deliver any or all of such items subject to the terms of the Rolling Stock Custodian Agreements to Agent or to such third party as Agent may specify.
In addition, and not in limitation of the rights of Agent hereunder or under the Rolling Stock Custodian Agreements, promptly upon Agent’s request, Agent may require that Rolling Stock Collateral Custodian deliver any or all of such items subject to the terms of the Rolling Stock Custodian Agreements to Agent or to such third party as Agent may specify.
As of the Closing Date, each item of Rolling Stock Collateral valued in excess of $50,000 is described on Part I of Exhibit E.
The Agents shall be satisfied with the Rolling Stock Collateral Custodian's application filings of the certificates of title or ownership of the Rolling Stock of the Designated Loan Parties to note the Lien of the Collateral Agent thereon and administration, management, processing and custodianship of the certificates of title or ownership of such Rolling Stock on and after the Effective Date.
Each item of Rolling Stock Collateral listed on Schedule 6.1(c) as in effect on the Closing Date is owned by either the Borrower or WTI and, except for not more than 77 tractors included in Schedule 6.1(c), the Rolling Stock Collateral is not subject to a Lease Purchase Agreement.
The Agent shall be satisfied with the Rolling Stock Collateral Custodian's application filings of the certificates of title or ownership of the CH Rolling Stock of the Loan Parties to note the Lien of the Agent thereon and administration, management, processing and custodianship of the certificates of title or ownership of such Rolling Stock on and after the Effective Date.
As of the Closing Date, all Rolling Stock Collateral is described on Part I of Exhibit E.
As of the Effective Date, all Rolling Stock Collateral is described on Part I of Exhibit E.