Vehicle Asset definition

Vehicle Asset means any vehicles and/or vehicle parts, supplies or other inventory, to be sold or otherwise used in the ordinary course of business of the Company and its Restricted Subsidiaries, including any participations or beneficial interests therein.
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Vehicle Asset 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.
Sample 1Sample 2Sample 3

Examples of Vehicle Asset in a sentence

  • Truck and Bus Engineering U.K., Limited Delaware General Motors Overseas Corporation 100 % 26 Class B Common Shares 74 Class A Common Shares 26 Class B Common Shares Vehicle Asset Universal Leasing Trust Delaware General Motors Company 100 % N/A (uncertificated) N/A (uncertificated) Vence Lone Star Motors, Inc.

  • The assignee may designate Vehicle Asset Universal Leasing Trust, or its trustee, as agent to hold title for the benefit of the assignee on the vehicle's certificate of title and/or registration.

  • Neither the assignee nor Vehicle Asset Universal Leasing Trust will have to make any repairs to the vehicle, get any insurance, or perform any services.

  • The Acquiror and Principal Shareholder shall arrange for the conveyance and transfer from Acquiror to Principal Shareholder of the Excluded Vehicle Asset as of the Closing Date.

  • Any taxes or expenses in connection with the transfer of the Excluded Vehicle Asset shall be borne by Target.

  • In addition, pursuant to the VAULT Pledge and Security Agreement, dated as of April 28, 2005, by Vehicle Asset Universal Leasing Trust ("VAULT") and acknowledged and agreed by COLT, General Motors Acceptance Corporation, Capital Auto Receivables, Inc., and Capital Auto Receivables Asset Trust 2005-SN1, VAULT pledges to each COLT 2005-SN1 Secured Noteholder a security interest in all of VAULT's legal title to the Vehicles related to the Series 2005-SN1 Lease Assets to the extent set forth therein.

  • October 13, 2009 Daimler Financial Services (“DFS”) Five-year extension Not released CGI provides a full end-to-end applications management service for international Vehicle Asset Financing providing DFS with a cost-effective service to streamline and standardize its business processes, while at the same time maximizing operational savings by utilizing CGI’s industry leading outsourcing services.

  • Target shall have conveyed, and Principal Shareholder shall have purchased, the Excluded Vehicle Asset in accordance with Section 5.22 hereof.

  • The purchase price of the Excluded Vehicle Asset shall be $14,725 (the "Excluded Vehicle Proceeds").

  • For each of the Selected Lease Assets, noted that the applicable Title Document lists any of Vehicle Asset Universal Leasing Trust, V.A.U.L. Trust, VAUL, VAUL Trust or VAULT as the owner.

Related to Vehicle Asset

  • Fleet Vehicle means a motor vehicle owned or leased by a person engaged in a commercial activity, utility service, or government service; or a motor vehicle offered for sale, rent, or lease at a business which is licensed to sell, rent, or lease motor vehicles.

  • Shared vehicle owner means the registered owner, or a

  • Subject Vehicle means the vehicle being tested.

  • Portfolio Asset means an asset of an investment fund;

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Shared vehicle driver means an individual who has been authorized to drive the

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.

  • goods vehicle means a motor vehicle constructed or adapted for use for the carriage of goods or burden of any description or a trailer so constructed or adapted;

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • Eligible Asset An Asset:

  • Recreational Vehicle (RV means a vehicle, which is:

  • School vehicle means any school bus, school van, other school vehicle and private vehicle used to transport students or staff members to and from school or any school-sponsored activity or event.

  • Hybrid vehicle (HV) means a vehicle equipped with a powertrain containing at least two different categories of propulsion energy converters and at least two different categories of propulsion energy storage systems.

  • Covered Vehicle means a private passenger vehicle (including mini-vans, pickup trucks and sport utility vehicles) which is registered or rented to You during Your Trip, which is rated ¾ ton in weight or less, not used for racing, dealer services, dealer loaners, taxi, limousine, shuttle, delivery, hauling, towing, road repair service, construction service, snow removal, or as a public livery vehicle, or any other commercial use.

  • Shared vehicle means a vehicle that is available for

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Flex fuel vehicle means a vehicle with one fuel storage system that can run on different mixtures of two or more fuels.

  • Replica vehicle means every vehicle of a type required to be registered under this title not fully

  • Rental Vehicle means a New Vehicle less than two years old owned by a New Vehicle Borrower and purchased directly from a manufacturer as a New Vehicle and that is used as a service loaner vehicle or is periodically subject to a rental contract with customers of the New Vehicle Borrower for loaner or rental periods of up to thirty (30) consecutive days or is used by dealership personnel in connection with parts and service operations.

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or