Transferred Container definition

Transferred Container. A Container transferred by the Seller to the Issuer.
Transferred Container. This term shall have the meaning set forth in the Contribution and Sale Agreement.
Transferred Container. Any Container transferred by the Seller to the Borrower pursuant to this Purchase Agreement.

Examples of Transferred Container in a sentence

  • The Seller will, at its own cost and expense, xxxx its books and records (which may include computerized records) to the effect that each Transferred Container and Related Assets have been transferred to the Issuer.

  • The Seller shall deposit the Warranty Purchase Amount for each Transferred Container to be repurchased in the Trust Account prior to 10:00 a.m. on the second Business Day prior to the Payment Date following the expiration of such 30-day period.

  • Each date on which the Seller transfers to the Company a Transferred Container and any related Transferred Assets.

  • The respective obligations and responsibilities of the Seller and the Company created by this Agreement shall not terminate until such time as each Transferred Container owned by the Company has been sold or is the subject of a Casualty Loss.

  • Except for self-insurance that is permitted pursuant to the Manager’s credit policy, each Lease requires the Lessee thereunder to maintain physical damage insurance on each Transferred Container that complies with the terms of the Management Agreement.

  • With respect to each Transferred Container, the representations and warranties of the Seller as set forth in paragraphs (e) and (q) through (uu) inclusive of Section 3.01 of this Agreement.

  • The Seller will, at its own cost and expense, mxxx its books and records (which may include computerized records) to the effect that each Transferred Container and Related Assets have been transferred to the Issuer.

  • Each Lease requires the Lessee thereunder to maintain physical damage insurance on each Transferred Container that complies with the terms of the Management Agreement.

  • With respect to each Transferred Container and the Related Transferred Assets, the representations and warranties of the Seller as set forth in paragraphs (r), (s), (v), (w), (x), (aa) and (cc) of Section 3.1 of this Purchase Agreement.

  • The Seller will, at its own cost and expense, xxxx its books and records (which may include computerized records) to the effect that each Transferred Container and Related Assets have been transferred to the Issuer and subsequently pledged to the Indenture Trustee pursuant to the Indenture.


More Definitions of Transferred Container

Transferred Container. A Container transferred by the Seller to the Borrower. “Triton Holdco”: Triton International Limited (an exempted company incorporated with limited liability under the laws of Bermuda). “Triton Lessor” This term is defined in the Intercreditor Collateral Agreement. “UCC”: The Uniform Commercial Code as in effect in the State of New York. In the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of Collateral Agent’s security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, the term UCC shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions relating to such attachment, perfection of priority and for purposes of definitions related to such provisions. “UNIDROIT Convention”: Any convention promulgated by the International Institute for the Unification of Private Law specifically dealing with interests in shipping containers. “Unrestricted Subsidiary”: Any Subsidiary that is designated by the Manager as an “Unrestricted Subsidiary” in accordance with the procedures set forth in the TCIL Credit Agreement (including without limitation the Borrower). “Upfront Fee”: The meaning set forth in Section 301(p) of this Agreement. “Xxxxxxx Rule”: Section 619 of the Xxxx-Xxxxx Act. “Warranty Purchase Amount”: With respect to any Managed Container, an amount equal to the Net Book Value of such Managed Container on the date of repurchase by the Seller from the Borrower pursuant to the Contribution and Sale Agreement. “Weighted Average Age”: For any date of determination, an amount equal to (i) the sum of the products, for each Managed Container, of (A) the age in years of such Managed Container and (B) the Net Book Value of such Managed Container, divided by (ii) the Aggregate Net Book Value. 39
Transferred Container. A Container transferred by the Seller to the Borrower. “Triton Holdco”: Triton International Limited (an exempted company incorporated with limited liability under the laws of Bermuda). “Triton Lessor” This term is defined in the Intercreditor Collateral Agreement. “UCC”: The Uniform Commercial Code as in effect in the State of New York. In the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of Collateral Agent’s security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, the term UCC shall mean the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions relating to such attachment, perfection of priority and for purposes of definitions related to such provisions. “UNIDROIT Convention”: Any convention promulgated by the International Institute for the Unification of Private Law specifically dealing with interests in shipping containers. 37
Transferred Container. Any Container transferred by the Seller to the Issuer pursuant to this Agreement.
Transferred Container. A Container transferred at any time (whether before, on or after the 2006 Closing Date) by the Seller to the Issuer, and including, without limitation, all of the Managed Containers.

Related to Transferred Container

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

  • Seller Affiliate means any Affiliate of Seller.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Excluded Equipment means (i) defibrillators, enhanced emergency medical kits and other medical equipment, (ii) airphones and other components or systems installed on or affixed to the Airframe that are used to provide individual telecommunications or electronic entertainment to passengers aboard the Aircraft, (iii) galley carts, beverage carts, waste containers, liquor kits, food tray carriers, ice containers, oven inserts, galley inserts, and other branded passenger convenience or service items, (iv) any items, equipment or systems leased by Company or any Permitted Lessee (other than items, equipment, or systems that are leased from Company pursuant to the applicable Lease) or owned by Company or any Permitted Lessee subject to a conditional sales agreement or a security interest (other than the security interest granted under the Indenture), and (v) cargo containers.

  • Transferred Technology has the meaning set forth in Section 2.3(a).

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Transferred Intellectual Property means (a) all Owned Intellectual Property, (b) all Intellectual Property Licenses, and (c) all Technology owned by or licensed to Sellers that is exclusively used in connection with the conduct of the Business as currently conducted (the foregoing constituting the “Transferred Technology”).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Excluded Asset means any asset of any Grantor excluded from the security interest hereunder by virtue of Section 2.2 hereof but only to the extent, and for so long as, so excluded thereunder.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Transferred IP means the intellectual property rights set out in the Asset List.

  • Retained Contracts means all contracts, agreements, leases, software licenses, rights, obligations or other commitments of the Company that (a) arise out of or are related exclusively to any business or operation of the Company other than the Business, or (b) arise out of or are related in any way to the Business and which, in the case of both clauses (a) and (b) herein, are not Transferred Contracts.

  • Shared Contracts has the meaning specified in Section 4.12(b).

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Transferred Inventory has the meaning set forth in Section 1.1(e).