Conditions to Each Lease of Vehicles Sample Clauses

The 'Conditions to Each Lease of Vehicles' clause sets out the specific requirements that must be satisfied before a vehicle lease agreement becomes effective. Typically, these conditions may include the delivery of necessary documentation, verification of insurance coverage, or confirmation of payment arrangements. By establishing clear prerequisites, this clause ensures that both parties meet essential obligations before the lease commences, thereby reducing the risk of disputes and ensuring a smooth transaction process.
Conditions to Each Lease of Vehicles. The agreement of the Lessor to make available (a) any Acquired Vehicle for lease to the applicable Lessee, and (b) financing for the acquisition of or refinancing of any other Vehicle for lease to such Lessee upon such Lessee’s placement of a Vehicle Order, for itself or as agent of the Lessor, or its delivery of a Refinancing Schedule, as applicable, is subject to the terms and conditions of the Indenture and subject to the satisfaction of the following conditions precedent as of the Vehicle Lease Commencement Date for such Vehicle:
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Conditions to Each Lease of Vehicles. The agreement of the Lessor to make available any Vehicles for lease to a Lessee as described in a Vehicle Order and/or to make available funding for the refinancing of Refinanced Vehicles is subject to the terms and conditions of the Indenture and the following conditions precedent as of the Vehicle Funding Date for such Vehicles, and each Lessee hereby agrees that each acceptance of Refinanced Vehicles for leasing hereunder and each acceptance of funds for the acquisition of Vehicles in respect of any applicable Vehicle Orders, shall be deemed hereunder to constitute a representation and warranty by it, to and in favor of the Lessor and the Trustee, that all the conditions precedent to the acquisition and leasing of the Vehicles identified in such Vehicle Order will have been satisfied as of such Vehicle Funding Date,
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Conditions to Each Lease of Vehicles. The agreement of the Lessor to make available any Acquired Vehicle for lease to a Lessee, to make available financing for the acquisition or refinancing of any Financed Vehicle or Synthetic Lease Vehicle for lease to a Lessee as described in a Vehicle Order, or to make available funding for the financing or refinancing of Refinanced Vehicles and Eligible Receivables, is subject to the terms and conditions of the Indenture and the following conditions precedent as of the Vehicle Funding Date for such Vehicle and each Lessee hereby agrees that each delivery of a Master Servicer direction to the Trustee pursuant to a Series 1997 Variable Funding Supplement requesting the Trustee to make available to the Lessor funds for the making of Series 1997 Lease Advances or the acceptance of proceeds of Series 1997 Lease Advances in respect of any applicable Vehicle Orders or Refinanced Vehicle Schedules shall be deemed hereunder to constitute a representation and warranty by it, to and in favor of the Lessor and the Trustee, that all the conditions precedent to the acquisition and leasing of the Vehicles and Eligible Receivables identified in such Vehicle Order or Refinanced Vehicle Schedule have been satisfied as of the date of such Vehicle Order or Refinanced Vehicle Schedule:
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Conditions to Each Lease of Vehicles. The agreement of the Lessor to make available any Acquired Vehicles for lease to a Lessee as described in a Vehicle Order, to make available financing for the acquisition or refinancing of any Financed Vehicles for lease to a Lessee as described in a Vehicle Order, and/or to make available funding for the financing or refinancing of Refinanced Vehicles and Eligible Receivables, is subject to the terms and conditions of the Indenture and the following conditions precedent as of the Vehicle Funding Date for such Vehicles, and each Lessee hereby agrees that each acceptance of Refinanced Vehicles for leasing hereunder and each acceptance of funds for the acquisition of Acquired Vehicles, or the financing or refinancing of Financed Vehicles or Eligible Receivables, in respect of any applicable Vehicle Orders, shall be deemed hereunder to constitute a representation and warranty by it, to and in favor of the Lessor and the Trustee, that all the conditions precedent to the acquisition, financing or refinancing and leasing of the Vehicles and Eligible Receivables identified in such Vehicle Order will have been satisfied as of such Vehicle Funding Date.
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Related to Conditions to Each Lease of Vehicles

  • Conditions to Each Extension of Credit The agreement of each Lender to make any extension of credit requested to be made by it on any date (including its initial extension of credit) is subject to the satisfaction of the following conditions precedent:

  • Conditions to Each Loan The agreement of each Lender to make any Loan requested to be made by it on any date (including, without limitation, its initial Loan) is subject to the satisfaction of the following conditions precedent:

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • CONDITIONS OF PREMISES A. Within seven (7) days after you move-in, you are required to submit an online Room Condition Update to notify us in writing of any defects or damages in your assigned space (including common area, fixtures, appliances and furniture). Failure to do so will result in the assigned space being considered to be in a clean, safe and good working condition and you will be responsible for defects or damages that may have occurred before you moved in. B. With the exception of the items emailed to you or that you have submitted through the online Room Condition Update, you accept your assigned space, the fixtures, appliances and furniture in their “AS-IS” condition, with any faults. With regard to your assigned space, and the fixtures, appliances and furniture within, we make no express warranties and disclaim any and all implied warranties (other than the warranty of habitability). C. Excluding ordinary wear and tear from normal usage, you will be solely responsible to the Housing Office for damages to your assigned space and the furnishings provided in the assigned space. You are responsible for the cost of all repairs made necessary by you and/or your guest(s) or, as set forth below, any other person in violation of the License. This includes the negligent or careless use of your assigned space or any part of the residence hall, including, without limitation, damage from waste water stoppages caused by foreign or improper objects in lines serving the bathroom used by you, damages to furniture, appliances, doors, windows or screens, damage from windows or doors being left open and repairs or replacements to security devices necessitated by misuse or damage. You may be required to prepay for these repairs, or, if we decide to advance the funds for the repairs, you will be responsible for repaying us within ten (10) days. In addition, you could be charged for damages that may have been caused by other Residents if we cannot determine who did it, and you will be jointly and severally liable for all damages to other shared areas of the assigned space and any furnishings provided in those shared areas. If the party responsible for damages is identified, we may nonetheless determine, in our sole discretion, if you and other potentially responsible parties are allowed to renew for the next year. Your obligations to pay the charges described in this paragraph will continue after the end of this License. D. Furnishings Removal. You assume full responsibility for items furnished by us and agree to return them to us at the end of the License Term in as good condition as when you receive them, reasonable wear and tear excepted. You will be responsible for returning all furniture to its original position prior to vacating your assigned space. You will not remove our furniture, fixtures, and/or furnishings from the assigned space for any purpose.

  • Conditions to Each Advance The agreement of Lenders to make any Advance requested to be made on any date (including the initial Advance), is subject to the satisfaction of the following conditions precedent as of the date such Advance is made: