Vehicle Sublease definition

Vehicle Sublease means a Vehicle Sublease in a form reasonably acceptable to Lender.

Examples of Vehicle Sublease in a sentence

  • Each Permitted Subsidiary which is a lessee under the Enterprise Vehicle Master Lease, shall have executed a Vehicle Sublease with ARC, as the sublessor, and such Permitted Subsidiary, as the sublessee.

  • From and after the Funding Date, prior to any Subsidiary (other than the ARC Fleetwood Entities) operating or using a vehicle which is covered by the Enterprise Vehicle Master Lease, such Subsidiary shall have executed a Vehicle Sublease with respect to such vehicle with ARC, as the sublessor, and such Permitted Subsidiary, as the sublessee.