Definition of Telematics Equipment

1. Telematics Equipment means equipment (including sensors in such equipment with no application outside of such equipment), and software utilized in such equipment, which is designed to be affixed to a Cargo Container for the purpose of (i) (a) tracking the movements and positions of such Cargo Container, (b) monitoring certain conditions relating to such Cargo Container and/or (c) controlling the temperature of and/or access to such Cargo Container, and (ii) communicating information regarding the foregoing clauses (i)(a), (i)(b) and (i)(c) exclusively via wireless mobile communication network and/or satellite communications.

Examples of Telematics Equipment in a sentence

1. Schedule 4.6(b sets forth (i) all product warranty claims relating to the Business that were resolved during the period from July 1, 2008 to December 29, 2009, (ii) all unresolved product warranty claims relating to the Business as of December 30, 2009 and (iii) all outstanding repair and replacement commitments of the Business as of November 30, 2009, with respect to units of Telematics Equipment that were not under warranty.

Definition of Telematics Equipment in Membership Interest Purchase Agreement

Telematics Equipment means equipment (including sensors in such equipment with no application outside of such equipment), and software utilized in such equipment, which is designed to be affixed to a Cargo Container for the purpose of (i) (a) tracking the movements and positions of such Cargo Container, (b) monitoring certain conditions relating to such Cargo Container and/or (c) controlling the temperature of and/or access to such Cargo Container, and (ii) communicating information regarding the foregoing clauses (i)(a), (i)(b) and (i)(c) exclusively via wireless mobile communication network and/or satellite communications.