Vehicle Perfection and Documentation Requirements definition

Vehicle Perfection and Documentation Requirements means, (i) with respect to a Vehicle (other than, to the extent permitted under a Lease, Vehicles in an Initial Fleet), submission within the applicable statutory period of an application for the issuance of a certificate of title for such Vehicle with the department of registry of motor vehicles of the applicable state in which such Vehicle is to be registered, which application shall reflect the following: any Leasing Company or any Lessee, as the registered owner and the Master Collateral Agent as the first lienholder or (ii) in the case of such Vehicles in such Initial Fleet, the assignment to the Master Collateral Agent of the lienholder's lien with respect to such Vehicles in such Initial Fleet.
Sample 1
Vehicle Perfection and Documentation Requirements means, with respect to ------------------------------------------------- a Vehicle, submission of an application for the issuance of a Certificate of Title for such Vehicle with the department of registry of motor vehicles of the applicable state in which such Vehicle is to be registered, which such application shall reflect the following: the Lessor as the registered owner and the Agent as the first lienholder.
Sample 1
Vehicle Perfection and Documentation Requirements means, with respect to an Applicable CPF Truck, submission of an application for the issuance of a certificate of title for such Applicable CPF Truck with the department of registry of motor vehicles of the State of Oklahoma, which application shall reflect CPF as the registered owner and the Applicable Nominee Lienholder or the Trustee as the first lienholder.
Sample 1

Examples of Vehicle Perfection and Documentation Requirements in a sentence

  • All Vehicle Perfection and Documentation Requirements with respect to all Vehicles on or after the date hereof have and will continue to be satisfied.

  • All Vehicle Perfection and Documentation Requirements with respect to all Vehicles leased under the AESOP I Operating Lease on or after the date hereof have and will continue to be satisfied in accordance with the terms of this Agreement.

  • All Vehicle Perfection and Documentation Requirements with respect to all Group IV Vehicles on or after the date hereof have been and will continue to be satisfied, except to the extent that the failure to comply with such requirements does not, in the aggregate, materially adversely affect either the interests of the Group IV Lessor or Group IV Noteholders under this Lease or the Second Indenture or the likelihood of payment of all Rent and other charges and payments due under this Lease.

  • All Vehicle Perfection and Documentation Requirements with respect to all Vehicles leased under the Finance Lease on or after the date hereof have and will continue to be satisfied in accordance with the terms of this Agreement.

  • All Vehicle Perfection and Documentation Requirements with respect to all Group I Trucks on or after the date hereof have and shall continue to be satisfied.

  • All Vehicle Perfection and Documentation Requirements with respect to all Vehicles leased under the AESOP II Operating Lease on or after the date hereof have and will continue to be satisfied in accordance with the terms of this Agreement.

  • All Vehicle Perfection and Documentation Requirements with respect to all Vehicles on or after the date hereof have been and will continue to be satisfied, except to the extent that the failure to comply with such requirements does not, in the aggregate, materially adversely affect either the interests of the Lessor or Group I Noteholders under this Lease or the Indenture or the likelihood of payment of all Rent and other charges and payments due under this Lease.

  • Except as otherwise permitted under the Indenture, all Vehicle Perfection and Documentation Requirements with respect to all Group IV Vehicles leased under this Agreement on or after the date hereof have and will continue to be satisfied.

  • Except as otherwise permitted under the Indenture, all Vehicle Perfection and Documentation Requirements with respect to all Vehicles leased under this Agreement on or after the date hereof have and will continue to be satisfied.

  • Except as otherwise permitted under the Indenture, all Vehicle Perfection and Documentation Requirements with respect to all Group II Vehicles leased under this Agreement on or after the date hereof have and will continue to be satisfied.


More Definitions of Vehicle Perfection and Documentation Requirements

Vehicle Perfection and Documentation Requirements means, (i) with respect to a Vehicle, submission of an application for the issuance of a certificate of title for such Vehicle with the department of registry of motor vehicles of the applicable state in which such Vehicle is to be registered, which application shall reflect the following: AESOP Leasing or its Permitted Nominee (in the case of Vehicles subject to the AESOP I Operating Leases), AESOP Leasing II or its Permitted Nominee (in the case of Vehicles subject to the AESOP II Operating Lease) and CCRG, ARAC, BRAC, any other Permitted Sublessees or their respective Permitted Nominees (in the case of Vehicles subject to the Finance Lease), as the registered owner and the Trustee as the first lienholder (except that with respect to Vehicles titled in the states of Ohio, Oklahoma and Nebraska, the Trustee will not be noted as the first lienholder on the Certificates of Title relating to such Vehicles) and (ii) with respect to each Franchisee Vehicle, the nominee lienholder under the related Franchisee Nominee Agreement will be noted as the first lienholder on the Certificate of Title relating to such Vehicle.
Sample 1
Vehicle Perfection and Documentation Requirements means, (i) with respect to a Vehicle (other than an Initial Vehicle), submission of an application for the issuance of a certificate of title for such Vehicle with the department of registry of motor vehicles of the applicable state in which such Vehicle is to be registered, which application shall reflect the following: AESOP Leasing or its Permitted Nominee (in the case of Vehicles subject to the AESOP I Operating Leases), AESOP Leasing II or its Permitted Nominee (in the case of Vehicles subject to the AESOP II Operating Lease) and ARAC or its Permitted Nominee (in the case of Vehicles subject to the Finance Lease), as the registered owner and the Trustee as the first lienholder (except that with respect to Vehicles titled in the states of Ohio, Oklahoma and Nebraska, the Trustee will not be noted as the first lienholder on the Certificates of Title relating to such Vehicles), (ii) with respect to each Initial PVT Vehicle and each Initial Financed Vehicle, BONY will be noted as the first lienholder on the Certificates of Title relating to such Vehicles and (iii) with respect to each Franchisee Vehicle, the nominee lienholder under the related Franchisee Nominee agreement will be noted as the first lienholder on the Certificate of Title relating to such Vehicle.
Sample 1
Vehicle Perfection and Documentation Requirements means, with respect to an BTF Truck, submission of an application for the issuance of a certificate of title for such BTF Truck with the department of registry of motor vehicles of the applicable state in which such BTF Truck is to be registered, which application shall reflect BTF as the registered owner and any Nominee Lienholder or the Trustee as the first lienholder.
Sample 1

Related to Vehicle Perfection and Documentation Requirements

  • Perfection Requirements means the making or procuring of appropriate registrations, filings, endorsements, notarisations, stampings and/or notifications of the Security Documents and/or the security expressed to be created under the Security Documents determined by the legal advisers to the Lender to be necessary in any Pertinent Jurisdiction for the enforceability or production in evidence of the relevant Security Document to the extent such matters are complied with within any timeframe specified by law or the relevant Security Document;

  • Data Protection Requirements means all applicable (i) Data Protection Laws; (ii) Seller Privacy Policies; (iii) terms of any Contracts relating to the collection, use, storage, disclosure, or cross-border transfer of Personal Data; and (iv) the Payment Card Industry Data Security Standards.

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Data Security Requirements means, collectively, all of the following to the extent relating to Data Treatment or otherwise relating to privacy, security or security breach notification requirements and applicable to Seller, any IT Systems or any Personal Information: (i) Seller’s own rules, policies, and procedures; (ii) all Laws applicable to Seller; (iii) industry standards applicable to the industry in which Seller operates; and (iv) Contracts to which Seller is a party or otherwise subject.

  • Privacy and Security Requirements means (a) all Privacy Laws; (b) all applicable Privacy Contracts, and (c) all applicable Privacy Policies.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Privacy Requirements means all applicable Privacy Laws and all of the Acquired Companies’ policies, notices, and contractual obligations relating to the receipt, collection, compilation, use, storage, processing, sharing, safeguarding, security (technical, physical and administrative), disposal, destruction, disclosure, or transfer (including cross-border) of Personal Information.

  • Security Requirements means the requirements regarding the security of Personal Data, as set out in the Data Protection Laws (including, in particular, the seventh data protection principle of the DPA and/ or the measures set out in Article 32(1) of the GDPR (taking due account of the matters described in Article 32(2) of the GDPR)) as applicable;

  • Excluded Perfection Assets means, collectively:

  • WTO GPA country construction material means a construction material that—

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • Qualification Requirements means the qualification requirements as set forth in Section-2, Clause 2.1of RfQ;

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Foreign construction material means a construction material other than a domestic construction material.

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Service Authorization Request means a Provider’s or Enrollee’s request to the Contractor for the provision of a service.

  • Specifications and Standards means the specifications and standards relating to the quality, quantity, capacity and other requirements for the Project Highway, as set forth in Schedule-D, and any modifications thereof, or additions thereto, as included in the design and engineering for the Project Highway submitted by the Contractor to, and expressly approved by, the Authority;