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Related Vehicles definition

Related VehiclesÌýhas the meaning set forth in Section 2.2.
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Related VehiclesÌýis defined in Section 2.2 of the Master Collateral Agency Agreement.
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Related VehiclesÌýhas the meaning set forth in the Master Collateral Agency Agreement.
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Examples of Related Vehicles in a sentence

  • Each Beneficiary shall be entitled to the benefits of this Agreement only with respect to its Related Vehicles and Related Master Collateral.

  • In addition, the Master Servicer may from time to time redesignate on its computer system, to a new Beneficiary related to a Financing Source, one or more Master Collateral Vehicles that are Related Vehicles of another Beneficiary related to such Financing Source, if such related Vehicles have been designated to specific Beneficiaries.

  • If at any time a Beneficiary reasonably believes that such designation by the Master Servicer is incorrect, it may dispute such designation by delivering a written notice to the Master Collateral Agent setting forth its claim as to the correct designation of its Related Vehicles (each a "Redesignation").

  • The designation of Related Vehicles with respect to each Beneficiary on the Master Servicer’s computer system shall be considered prima facie evidence of such Beneficiary’s rights with respect to such Related Vehicles and the Related Master Collateral.

  • The Master Collateral Agent shall, promptly upon receipt of such notice, distribute a copy thereof to each Lessee Grantor, RCFC, each Financing Source and each Beneficiary (other than the Beneficiary disputing the Master Servicer’s designation of Related Vehicles).

  • Further, notwithstanding any other provision of this Agreement, neither the Manager nor either of the Members (or any of their respective Affiliates) shall be liable to the Sub-Manager for payment of a Sub-Manager Base Management Fee, Sub-Manager Termination Fee or any similar compensation except to the extent that the Manager, the applicable Members or such Affiliate (as the case may be) or its assignee has actually received a corresponding fee from the REIT or any Related Vehicles.

  • Concentrated Traffic: A vehicle or Related Vehicles which have 3 or more axels and which at any time make or will make collectively 5 or more trips over Roads during any 5 consecutive days.

  • Related Vehicles: More than one vehicle; including those that are owned, used, rented, leased, hired (including independent contractors) or in any way utilized for a specific project, site or work location.

  • The Seller shall not change its name, identity or structure or its chief executive office, unless at least ten (10) days prior to the effective date of any such change the Seller delivers to the Purchaser and the Administrative Agent financing statements under the UCC, executed by the Seller necessary to reflect such change and to continue the perfection of the Purchaser's interest in the Receivables and the Related Vehicles.

  • Without limiting the foregoing, prior to termination, the failure of the Seller to deliver computer records of Receivables, the Related Vehicles or any reports regarding the Receivables shall not render such transfer or obligation executory, nor shall the continued duties of the parties pursuant to this Agreement render an executed sale executory.


More Definitions of Related Vehicles

Related VehiclesÌýmeans, with respect to any Beneficiary designated as such pursuant to a Financing Source and Beneficiary Supplement, (a) all Vehicles owned by a Lessor Grantor or Lessee Grantor, as applicable, and purchased, financed or refinanced, in whole or in part, by such Lessor Grantor or Lessee Grantor with proceeds obtained from the Related Financing Source or a Manufacturer providing credit for the purchase of Vehicles and (b) all other Vehicles owned by such Lessor Grantor or Lessee Grantor and leased under the Related Lease (including all redesignations, substitutions, replacements and exchanges with respect to such Vehicles and all Reassignments made for the benefit of such Beneficiary), including, in each case, all Certificates of Title with respect thereto.
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Related VehiclesÌýmeans, with respect to each Financing Source, all Pledged Vehicles owned by a Grantor, and purchased, financed or refinanced, in whole or in part, pursuant to the Financing Documents with respect to such Financing Source, unless and until any such Pledged Vehicle is redesignated for the benefit of another Beneficiary pursuant to Section 2.3.
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Related to Related Vehicles

  • Nonroad Vehicle means a vehicle that is powered by a Nonroad Engine, fifty horsepower and greater, and that is not a Motor Vehicle or a vehicle used solely for competition, which shall include, but not be limited to, excavators, backhoes, cranes, compressors, generators, bulldozers and similar equipment, except that this term shall not apply to horticultural maintenance vehicles used for landscaping purposes that are powered by a Nonroad Engine of sixty-five horsepower or less and that are not used in any construction program or project.

  • Motorized Vehicle means a passenger car, station wagon, van, jeep-type automobile, truck, ambulance or any type of motorized vehicle used by municipal, provincial or federal police forces.

  • off-road vehicle means any vehicle while it is being operated on a road not maintained by a federal, provincial, state, or local agency, not including entrance or departure ways to private property, or any vehicle which cannot be licensed to drive on a public road and is designed and manufactured primarily for off-road usage.

  • Shared vehicle means a vehicle that is available for

  • Articulated vehicle means a vehicle which consists of two or more rigid sections which articulate relative to one another; the passenger compartments of each section intercommunicate so that passengers can move freely between them; the rigid sections are permanently connected so that they can only be separated by an operation involving facilities which are normally only found in a workshop;