Auto Dealer definition

Auto Dealer means a Person engaged in the sale of New and/or Used Motor Vehicles pursuant to, in the case of New Motor Vehicles, a franchise or licensing agreement with a Manufacturer and related operations.
Auto Dealer means a retailer who sells new or used cars or trucks who is also a “dealer” as defined by Vehicle Code Section 285. For purposes of this subsection, “cars” include vans that are sold primarily as passenger vehicles, and “trucks” include pickup trucks and cargo vans with a cargo capacity of one ton or less.
Auto Dealer also means the Distributor and the Group Policyholder.

Examples of Auto Dealer in a sentence

  • This applies only to vehicles not exceeding 3500kg gross vehicle mass.2. For vehicles not meeting the condition in 1., the maximum compensation will be the lesser of the retail value (as reflected in the latest TransUnion Auto Dealer Digest) or the agreed value stated on the Sasria policy schedule.

  • Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; and (viii) SME Loans.

  • Alharthy, d/b/a Quality Auto Center, 91 Barnstable Road, Hyannis, MA for an Annual Class II Auto Dealer License.

  • Eligible Asset Class means (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Consumer Loans; (iv) Credit Card Receivables; (v) Non-Auto Leases; (vi) Residential Mortgage Loans; and (vii) SME Loans.

  • Approval of Used Auto Dealer Licenses and Salvage Dealers per attached listing pending inspections and background check.

  • Domestic Market Guidelines: those domestic securitisation market guidelines which aim to promote best market practice, as selected and published by the PCS Secretariat.Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; (viii) Corporate Loans and (ix) SME Loans.

  • This fee request contemplates the disbursement to class members in the first instance, and that expenses are paid in the second instance.

  • Auto Dealer FloorPlan: All investments in auto dealer floorplans.

  • At present, the PCS Market Committee has not yet approved any Responsible Lending Rules and Guidelines.GLOSSARY OF TERMS Auto Dealer Floorplan Loan means an agreement between an Originator and an Eligible Dealer pursuant to which the Eligible Dealer agrees to pay the Originator the purchase price of vehicles sold or supplied to the Eligible Dealer by the vehicle manufacturer.

  • Consumer Financial Protection Bureau, CFPB Takes First Action Against ‘Buy-Here, Pay-Here’ Auto Dealer (November 2014), available at http://www.consumerfinance.gov/newsroom/cfpb-takes-first-action-against-buy- here-pay-here-auto-dealer.borrowers’ references, and making excessive, repeated calls to wrong numbers.


More Definitions of Auto Dealer

Auto Dealer has the meaning specified in the Closing Date Revolving Credit Agreement.

Related to Auto Dealer

  • Vehicle dealer means a person engaged in the business of buying, selling, or exchanging a vehicle as defined in Subsection (138).

  • Dealer means a dealer who sold a Financed Vehicle and who originated and assigned the respective Receivable to AmeriCredit or an Originating Affiliate under a Dealer Agreement or pursuant to a Dealer Assignment.

  • Renminbi Dealer means an independent foreign exchange dealer of international repute active in the Renminbi exchange market in Hong Kong reasonably selected by the Issuer.

  • Motor vehicle dealer or "dealer" means any person who: