Scooters definition

Scooters means, as of any date of determination, each scooter leased to the Lessee hereunder. “SEC” means the Securities and Exchange Commission. “Servicer” has the meaning specified in the introductory paragraph to this Agreement. “Servicer Default” has the meaning specified in Section 9.5. “Scooter Lease Commencement Date” has the meaning specified in Section 3.1(a). “Scooter Lease Term” has the meaning specified in Section 3.1(b). “Stripe Account” means that certain account in the name of the Lessee and held with the online payment processing platform known as “Stripe”, as disclosed to the Lessor prior to the date hereof. “Tangible Net Worth” means, with respect to any date of determination, (x) an amount equal to total assets of the Lessee minus intangible assets and total liabilities of the Lessee, in each case as shown on a consolidated balance sheet of the Lessee as of such date of determination, plus (y) any liabilities consisting of the Earnout Consideration, SPAC Warrants (as defined in the Business Combination Agreement), and Private Placement Warrants (as defined in the Business Combination Agreement), in
View Source
Scooters means, as of any date of determination, each scooter leased to the Lessee hereunder. “SEC” means the Securities and Exchange Commission. “Servicer” has the meaning specified in the introductory paragraph to this Agreement. “Servicer Default” has the meaning specified in Section 9.5. “Scooter Lease Commencement Date” has the meaning specified in Section 3.1(a). “Scooter Lease Term” has the meaning specified in Section 3.1(b). “Stripe Account” means that certain account in the name of the Lessee and held with the online payment processing platform known as “Stripe”, as disclosed to the Lessor prior to the date hereof. “Tangible Net Worth” means, with respect to any date of determination, (x) an amount equal to total assets of the Lessee minus intangible assets and total liabilities of the Lessee, in each case as shown on a consolidated balance sheet of the Lessee as of such date of determination, plus (y) any liabilities consisting of the Earnout Consideration, SPAC Warrants (as defined in the Business Combination Agreement), and Private Placement Warrants (as defined in the Business Combination Agreement), in each case (1) to the extent subtracted from Tangible Net Worth pursuant to clause (x) above, and (2) so long as such liability is a non-monetary liability, plus (z) an amount equal to 50% of Customer Deposits as of such date of determination. “Tariff Rebate Amount” has the meaning specified in Section 4.6.
View Source
Scooters means electric motorized foot scooters offered for hire as part of a fleet available to the public in publicly accessible places.
View Source

Examples of Scooters in a sentence

  • ADA Scooters or Service dogs with the proper certification are exempt.

  • No Scooters, Hoverboards, Segways, Golf Carts, Bicycles, Motorcycles, Weapons, Drugs, Alcohol or Animals are permitted.

  • No Scooters, Golf Carts, Bicycles, Motorcycles, Weapons, Drugs, Alcohol or Animals are permitted.

  • The LESSOR shall provide sufficient parking space for cars, Scooters, & other vehicles and also a Cycle stand for LESSEES .

  • Scooters are to be ridden on streets, and where available, in bike lanes and bike and multiuse paths.

  • Scooters are to stay to the right of street travel lanes and to yield the right of way to bicycles in bike lanes and on bike or multiuse paths.

  • All Scooters will be properly marked with the Company name and appropriate Company contact information.

  • Operator shall provide visible safety language on Bicycles and Scooters.

  • Scooters shall remain inactive until sunrise (CST) of the following day.

  • The Borrower will not operate and will not permit the Parent to operate any of the Scooters in a jurisdiction in which the Scooters may or are required to be registered under any certificate of title act or similar law, statute, or regulation.


More Definitions of Scooters

Scooters means, as of any date of determination, each scooter leased to the Lessee hereunder.
View Source