Common use of Permissive Principal Payments Clause in Contracts

Permissive Principal Payments. Except as otherwise expressly stated in this Agreement, Dealership may pay to the Ally Parties some or all of the Wholesale Outstandings and any other payment obligations at any time before they are due and payable without premium or penalty.

Appears in 8 contracts

Samples: Agreement (Vroom, Inc.), Inventory Financing and Security Agreement (Carvana Co.), Inventory Financing and Security Agreement (Carvana Co.)

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Permissive Principal Payments. Except as otherwise expressly stated in this Agreement, Dealership may pay to the Ally Parties some or all of the Wholesale Outstandings and any other payment obligations at any time before they are due and payable without premium or penalty.. [***] Redacted for confidentiality purposes

Appears in 1 contract

Samples: Financing and Security Agreement (Carvana Co.)

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Permissive Principal Payments. Except as otherwise expressly stated in this Agreement, Dealership may pay to the Ally Parties some or all of the Wholesale Outstandings and any other payment obligations at any time before they are due and payable without premium or penalty.

Appears in 1 contract

Samples: Inventory Financing and Security Agreement (Shift Technologies, Inc.)

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