Common use of Contract floorplan fee applies Clause in Contracts

Contract floorplan fee applies. Any additional extension of curtailment is for at least [*] of the remaining principal, plus fees, plus interest and unit must be visually verified within [*] of the transaction.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Carbuyco, LLC), Receivables Purchase Agreement (Adesa California, LLC)

Contract floorplan fee applies. Any additional extension of curtailment is for at least [*] the contracted curtailment amount of the remaining principal, plus fees, plus interest and unit must be visually verified within [*] of the transaction.

Appears in 1 contract

Sources: Receivables Purchase Agreement (KAR Auction Services, Inc.)