Trans Leasing definition

Trans Leasing means Trans Leasing International, Inc., a Delaware corporation.
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Examples of Trans Leasing in a sentence

  • Bu kararlar her iki taraf için bağlayıcıdır ve taraflar bu kararlara uymak ve onları uygulamak zo- rundadırlar.

  • Trans Leasing and any director, officer, employee or agent of Trans Leasing may rely in good faith on any document of any kind submitted by any Person respecting any matters arising under this Agreement as being prima facie properly executed.

  • Trans Leasing owns all of the Common Stock free and clear of all mortgages, assignments, pledges, security interests, warrants, options and rights to purchase.

  • It is the intention of Trans Leasing and TLFC that the sales, transfers, assignments and conveyances contemplated by this Assignment constitute a contribution and/or sale of the property described herein and in the Sale Agreement from Trans Leasing to TLFC and the beneficial interest in and title to such property will not be part of Trans Leasing's estate in the event of the filing of a bankruptcy petition by or against Trans Leasing under any bankruptcy law.

  • Trans Leasing is hereby appointed as Servicer pursuant to this Agreement.

  • No termination, rejection or failure to assume the executory obligations of this Agreement in the bankruptcy of Trans Leasing or TLFC will be deemed to impair or affect the obligations pertaining to any executed contribution, executed sale or executed obligations, including breaches of representations and warranties by Trans Leasing or TLFC prior to termination.

  • In addition to any remedy pursuant to Section 3.03, Trans Leasing agrees to indemnify, defend and hold TLFC harmless from and against any out of pocket expense (including interest, penalties, reasonable attorneys' fees and amounts paid in settlement) to which TLFC may become subject insofar as such expense arises solely out of or is based solely upon the untruth of any representation or warranty of Trans Leasing set forth in Section 3.01.

  • Without limiting the foregoing, prior to termination, the failure of Trans Leasing to pay a Warranty Purchase Price will not render such contribution, sale or obligations executory and the continued respective duties of Trans Leasing and TLFC pursuant to Article IV will not render an executed sale or contribution executory.

  • From time to time after the date hereof, in connection with a sale of Additional Assets or otherwise, Trans Leasing may contribute to TLFC as an additional contribution to the equity of TLFC, Additional Assets.

  • Without limiting the generality of the foregoing, the Servicer may dispose of any such Equipment by selling such Equipment to Trans Leasing for a purchase price equal to the fair market value thereof.

Related to Trans Leasing

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Leash means a leash, cord, chain, or other comparable material which must be of a gauge suitable for controlling said dog and shall not be longer than six feet.

  • Residential building means a building containing one or more residential dwellings.