Customer Financing definition

Customer Financing means third party financing provided to customers of the Borrower or any of its Subsidiaries to finance such customers’ purchase of equipment and related products and services from the Borrower or a Subsidiary thereof.
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Customer Financing means any direct or indirect (i) financing of the sale, lease or other furnishing of Products by Lucent Entities (or Authorized Dealer) to Customers, and includes, without limitation, Finance Contracts entered into directly with Customers and (ii) purchase or financing of receivables arising form such sales, leases or other furnishings of Products by Lucent Entities (or Authorized Dealer).
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Customer Financing shall have the meaning ascribed to such term in the recitals to this Agreement. 3
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Examples of Customer Financing in a sentence

  • In addition, it is understood that from and after the date of this Agreement, Fermat and its Subsidiaries shall not be obligated to admit any new customer into any H&N Customer Financing Program, offer any new H&N Customer Financing Program, renew or extend any existing H&N Customer Financing Program or renew or extend any guarantee (or offer any new guarantee) in respect of any customer under any existing H&N Customer Financing Program.

  • The Credit Parties will not permit any Consolidated Party to engage in any Customer Financing Transactions except for Permitted Customer Financing Transactions.

  • In addition, it is understood that from and after the date of this Agreement, DuPont and its Subsidiaries shall not be obligated to admit any new customer into any DPC Customer Financing Program, offer any new DPC Customer Financing Program, renew or extend any existing DPC Customer Financing Program or renew or extend any guarantee (or offer any new guarantee) in respect of any customer under any existing DPC Customer Financing Program.

  • Contemporaneously with the furnishing of the annual and quarterly financial statements described in clauses (a) and (b) above, a schedule setting forth in detail reasonably satisfactory to the Agent, all outstanding Customer Financing Transactions (including extensions of credit under the Conxus Credit Agreement), the principal and interest balances of each such transaction and the date and amounts of each payment default with respect to each such transaction.

  • For so long as DuPont remains liable for any amounts outstanding under any DPC Customer Financing Program, Buyer shall provide monthly status reports on customers in such DPC Customer Financing Program, which shall include information on outstanding exposure by customer and in total for such DPC Customer Financing Program and customer compliance with payment terms.

  • For so long as Fermat or any Retained Fermat Subsidiary remains liable for any amounts outstanding under any H&N Customer Financing Program, Descartes shall provide monthly status reports on customers in such H&N Customer Financing Program, which shall include information on outstanding exposure by customer and in total for such H&N Customer Financing Program and customer compliance with payment terms.

  • For so long as Descartes or any Retained Descartes Subsidiary remains liable for any amounts outstanding under any Ag Customer Financing Program, Fermat shall provide monthly status reports on customers in such Ag Customer Financing Program, which shall include information on outstanding exposure by customer and in total for such Ag Customer Financing Program and customer compliance with payment terms.

  • For the purpose of determining compliance with this Section 8.16, all extensions of credit by the Borrower pursuant to the Conxus Credit Agreement shall be deemed within the scope of transactions governed by the Customer Financing Policy.

  • During any fiscal year of the Borrower, the aggregate amount of payment defaults occurring with respect to principal and interest payments owed to the Consolidated Parties pursuant to Permitted Customer Financing Transactions (including extensions of credit pursuant to the Conxus Credit Agreement) shall exceed $15,000,000.

  • Motorola Solutions does provide leasing options through Motorola Customer Financing that can be match funded or advance funded depending on a customer's financial objectives.


More Definitions of Customer Financing

Customer Financing means any direct or indirect financing of the sale, lease or other furnishing of Products by any Company Entity (or Authorized Dealer) to Customers, and will include, without limitation, (i) entering into leases, secured loans, installment sales contracts or conditional sales contracts directly with such Customers, (ii) the purchase or financing of receivables arising from such sales, leases or other furnishings of Products by any Company Entity (or Authorized Dealer), and (iii) the issuance of charge or credit cards (such as Capital's Products Plus Card) primarily intended for the financing of purchases of Products.
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Customer Financing shall have the meaning set forth in Clause F.
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Related to Customer Financing

  • Other Financing shall have the meaning assigned to such term in Section 5.6(ii) hereof.

  • Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets.

  • Special purpose spray adhesive means an aerosol adhesive that meets any of the following definitions:

  • Permitted Securitization Financing means one or more transactions pursuant to which (i) Securitization Assets or interests therein are sold or transferred to or financed by one or more Special Purpose Securitization Subsidiaries, and (ii) such Special Purpose Securitization Subsidiaries finance (or refinance) their acquisition of such Securitization Assets or interests therein, or the financing thereof, by selling or borrowing against Securitization Assets (including conduit and warehouse financings) and any Hedging Agreements entered into in connection with such Securitization Assets; provided, that recourse to the Borrower or any Subsidiary (other than the Special Purpose Securitization Subsidiaries) in connection with such transactions shall be limited to the extent customary (as determined by the Borrower in good faith) for similar transactions in the applicable jurisdictions (including, to the extent applicable, in a manner consistent with the delivery of a “true sale”/“absolute transfer” opinion with respect to any transfer by the Borrower or any Subsidiary (other than a Special Purpose Securitization Subsidiary).

  • terrorist financing means terrorist financing as defined in Article 1(5) of Directive (EU) 2015/849;