Notice of Effectiveness means a notice upon receipt of which the Seller effectively transfers to the Administrative Agent the exclusive control of the Controlled Account.
Obligor means a Person obligated to make payments pursuant to a Contract (other than any such Person whose indebtedness constitutes Excluded Receivables); provided that in the event that any payments in respect of a Contract are made by any other Person, such other Person shall also be deemed to be an Obligor.
Original Date has the meaning specified in Section 1.02(e)(i) of the Agreement.
Originator means United Rentals (North America), Inc. (f/k/a UR Merger Sub Corporation, as successor in interest to United Rentals (North America), Inc. and United Rentals Northwest, Inc.) and its successors and permitted assigns.
Other Corporations means United Rentals, Inc. and all of its Subsidiaries except the Seller.
Other Costs has the meaning specified in Section 7.04(c).
Other Investors means any Person other than the Seller, the Originator or the Collection Agent.
Other Sellers has the meaning specified in Section 7.04(c).
Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.
Parent means United Rentals, Inc. and its successors and permitted assigns.
Performance Undertaking Agreement means the Amended and Restated Performance Undertaking Agreement, dated as of the date hereof, made by United Rentals in favor of the Seller, as the same may, from time to time, be amended, restated, modified or supplemented.
Percentage of any Bank means, (a) with respect to Scotia Capital,
34.838709734.83870968%, (b) with respect to PNC, 12.903225812.90322581%, (c) with respect to BTMU, 12.903225812.90322581%, (d) with respect to ST, 11.612903211.61290323%, (e) with respect to BMO, 11. 612903261290323%, (f) with respect to TD, 16.129032316.12903226%, and (g) with respect to a Bank that has entered into an Assignment and Acceptance, the amount set forth therein as such Banks Percentage, in each case as such amount may be modified by an Assignment and Acceptance entered into between a Bank and an Eligible Assignee.
Periodic Report means the Monthly Report, the Weekly Report or the Daily Report.