Common use of No Amounts Owing Clause in Contracts

No Amounts Owing. An amount equal to the Amount Financed of the Contract net of any premium or discount, was paid directly to the Seller of the Financed Vehicle on a timely basis. No amounts are owing to a broker in respect of the transfer of such Contract, by Seller to Pinnacle or otherwise.

Appears in 3 contracts

Sources: Purchase Agreement, Purchase Agreement, Purchase Agreement