Common Vehicle Collateral definition
Common Vehicle Collateral has the meaning specified in Section 6.01(a).
Common Vehicle Collateral shall have the meaning specified in Article VII of the Receivables Purchase Agreement.
Common Vehicle Collateral means a Vehicle in which NMAC (either directly, or as assignee of the originator of the Account) has been granted a security interest under both a Nonfloorplan Agreement and under a Floorplan Financing Agreement.
Examples of Common Vehicle Collateral in a sentence
The Common Collateral other than the related Common Vehicle Collateral is referred to herein as the "Common Non-Vehicle Collateral".
More Definitions of Common Vehicle Collateral
Common Vehicle Collateral means any Vehicle, accounts, chattel paper, promissory notes, money and other proceeds (including insurance proceeds) thereof, security deposits and other restricted or cash management account balances in connection with the related Floorplan Financing Agreement, such Dealer's rights under the related Sales and Service
Common Vehicle Collateral means the motor vehicles listed on Schedule 1 to Exhibit A hereto.
Common Vehicle Collateral means any Vehicle, accounts, chattel paper, promissory notes, money and other proceeds (including insurance proceeds) thereof, security deposits and other restricted account balances in connection with the related Floorplan Financing Agreement, such Dealer’s rights under the related Sales and Service Agreement and personal guarantees, in which GMF has been granted a security interest under both a Nonfloorplan Agreement and under a Floorplan Financing Agreement.