Vehicle Assets definition

Vehicle Assets means any vehicles, vehicle parts, vehicle supplies or other related inventory, to be sold or otherwise used in the ordinary course of business of the Issuer and its Restricted Subsidiaries, including any participations or beneficial interests therein.
View Source

Examples of Vehicle Assets in a sentence

  • THIS CERTIFIES THAT ________________ is the registered owner of a nonassessable, fully-paid, undivided interest in the 2000-A SUBI [Lease] [Vehicle] Assets owned by Financial Services Vehicle Trust (the "Trust").

  • The 1999-A Lease SUBI shall represent a special unit of beneficial interest solely in the 1999-A Lease SUBI Assets and the 1999-A Vehicle SUBI shall represent a special unit of beneficial interest solely in the 1999-A SUBI Vehicle Assets.

  • The Agreement entered into between RCFL and the Borrower/s is pure financing arrangement and the Borrower accepts the entire risk for non performance, non delivery, breach and supply to inferior or damage Vehicle/ Asset by the Dealer/ Seller and RCFL shall not be liable to the Borrower for any liability, claim, loss or expenses of any kind caused directly or indirectly to Vehicle/ Assets.

  • On or prior to the Closing Date, the parties shall conduct an inventory of the Motor Vehicle Assets and the Other Inventory, and the Motor Vehicle Consideration and the Other Inventory Consideration shall be based on such inventory.

  • The 2000-A Lease SUBI shall represent a special unit of beneficial interest solely in the 2000-A Lease SUBI Assets and the 2000-A Vehicle SUBI shall represent a special unit of beneficial interest solely in the 2000-A SUBI Vehicle Assets.

  • The issuance and execution of a written Letter of Intent from [ ] authorizing BUYER's sale and factory authorized service of the Motor Vehicle Assets and the Other Inventory (the “Franchise Approval”).

  • THIS CERTIFIES THAT ________________ is the registered owner of a nonassessable, fully-paid, [99%] [1%] fractional undivided interest in the 1999-A SUBI [Lease] [Vehicle] Assets owned by Ryder Truck Rental LT (the "Trust").