Dealer Default definition

Dealer Default means the occurrence and continuance of an event of default or termination event under the Permitted Dealer Master Trading Agreement between UBS and the applicable Permitted Dealer.

Examples of Dealer Default in a sentence

  • Promptly upon the occurrence of a Repurchase Event, CNHi shall be responsible for producing or causing the affected Dealer to produce picking tickets and reports necessary for the identification of CNHi parts to be repossessed or that are voluntarily returned by a Dealer (after Dealer Default or otherwise), and shall be responsible for valuing and determining the eligibility for return of all CNHi parts.

  • Promptly upon the occurrence of a Repurchase Event, CNHi America shall be responsible for causing the affected Dealer to produce picking tickets and reports necessary for the Identification of CNHi America parts to be repossessed or that are voluntarily returned by a Dealer (after Dealer Default or otherwise), and shall be responsible for valuing and determining the eligibility for return of all CNHi America Parts.

  • Promptly upon the occurrence of a Repurchase Event, CNH shall be responsible for producing or causing the affected Dealer to produce picking tickets and reports necessary for the identification of CNH parts to be repossessed or that are voluntarily returned by a Dealer (after Dealer Default or otherwise), and shall be responsible for valuing and determining the eligibility for return of all CNH parts.

  • Promptly upon the occurrence of a Repurchase Event, CNH America shall be responsible producing, or causing the affected Dealer to produce picking tickets and reports necessary for the Identification of CNH America parts to be repossessed or that are voluntarily returned by a Dealer (after Dealer Default or otherwise), and shall be responsible for valuing and determining the eligibility for return of all CNH America Parts.