Common use of Floor Plan Financing Clause in Contracts

Floor Plan Financing. Subsidiary shall have obtained -------------------- appropriate floor plan financing, as reasonably acceptable to FirstAmerica as necessary for the operation of the automobile franchise which is operated by the Company immediately prior to the Closing.

Appears in 2 contracts

Sources: Merger Agreement (Firstamerica Automotive Inc /De/), Agreement and Plan of Reorganization (Firstamerica Automotive Inc /De/)

Floor Plan Financing. Subsidiary shall have obtained appropriate -------------------- appropriate floor plan financing, as reasonably acceptable to FirstAmerica as necessary for the operation of the automobile franchise which is operated by the Company immediately prior to the Closing.

Appears in 1 contract

Sources: Merger Agreement (Firstamerica Automotive Inc /De/)