Original Equipment Cost. The Original Equipment Cost of such Container shall be no greater than the cost of such Container that is recorded on the Seller’s books at the time of sale to the Issuer;
Original Equipment Cost. As of any date of determination for an Eligible Container or an Eligible Chassis, as the case may be, one of the following amounts:
Original Equipment Cost. With respect to each Container, an amount equal to the sum of (i) the vendor’s or manufacturer’s invoice price of the related Container and any rebates thereon, (ii) all reasonable and customary inspection, transport, and initial positioning costs necessary to put such Container in service and (iii) reasonable acquisition fees and other fees not to exceed 2.5% of the amounts described in clauses (i) and (ii) above.
Original Equipment Cost. With respect to any Container, an amount equal to the sum of (i) the manufacturer’s or vendor’s, as applicable, invoice prices, (ii) reasonable and customary out-of-pocket inspection, transport and initial positioning costs that were necessary and directly related to putting such Container in initial service and (iii) reasonable acquisition fees, which, in the case of clauses (ii) and (iii) are capitalized, as determined in accordance with GAAP, consistently applied.
Original Equipment Cost. With respect to any container, an amount equal to the sum of (i) the vendor's or manufacturer's invoice price, plus (ii) reasonable and customary out-of-pocket direct costs related to inspection, transport and initial positioning necessary to put such Container in its initial service; provided, however, that, in no event shall the amounts described in clause (ii) include any allocated overhead expenses of the Servicer. Parent Guarantor. Interpool, Inc., a corporation organized under the laws of the State of Delaware, and its successors and permitted assigns.
Original Equipment Cost. With respect to any container, an amount equal to the sum of (i) the vendor’s or manufacturer’s invoice price, plus (ii) reasonable and customary out-of-pocket direct costs related to inspection, transport and initial positioning necessary to put such Container in its initial service; provided, however, that, in no event shall the amounts described in clause (ii) include any allocated overhead expenses of the Servicer. In no event shall the Original Equipment Cost of a container include any allocated purchase price resulting from the acquisition of such container by the Borrower or any Affiliate of the Borrower. Parent Guarantor. Interpool, Inc., a corporation organized under the laws of the State of Delaware, and its successors and permitted assigns. Parent Guaranty. The Guaranty, dated as of December 21, 2005 and substantially in the form of Exhibit K-1, issued by the Parent Guarantor. Participant(s). As defined in Section 16(f).
Original Equipment Cost. As of any date of determination for a Container or a Chassis, as the case may be, an amount equal to the sum of (i) the greater of (A) the vendor's or manufacturer's invoice price of such Chassis or Container and (B) with respect to those Chassis and Containers that were acquired by Borrower through an asset purchase or other acquisition, the purchase price allocated to such Chassis or Container by Borrower in the acquisition of such Chassis or Container, plus (ii) reasonable and customary inspection, transport and initial positioning costs necessary to put such Container or Chassis in service, plus (iii) the cost of any improvement to such Container that has been capitalized in accordance with GAAP.
Original Equipment Cost. The average Original Equipment Cost of the Eligible Containers on the Drawdown Date for such Loan (after giving effect to the Loan(s) advanced on such Drawdown Date and all Collateral pledged in connection therewith) shall not exceed $2,400 per EU Factor (as defined in the definition of Weighted Average Age) per Eligible Container.
