Financed Vehicle definition

Financed Vehicle means an automobile, light-duty truck or van, together with all accessions thereto, securing an Obligor’s indebtedness under the applicable Receivable.
Financed Vehicle. A new or used car or light truck, together with all accessories thereto, securing an Obligor’s indebtedness under a Receivable.
Financed Vehicle means new and used automobiles, light duty trucks, minivans and sport utility vehicles, together with all accessions thereto, securing an Obligor’s indebtedness under the respective Receivable.

Examples of Financed Vehicle in a sentence

  • The Servicer will, in accordance with its Customary Servicing Practices, take such steps as are necessary to maintain perfection of the security interest created by each Receivable in the related Financed Vehicle.

  • The Servicer shall, in accordance with its customary servicing procedures, take such steps as are necessary to maintain perfection of the security interest created by each Receivable in the related Financed Vehicle.

  • No Receivable has been satisfied, subordinated or rescinded, and the Financed Vehicle securing each such Receivable has not been released from the lien of the related Receivable in whole or in part.

  • The Issuer hereby authorizes the Servicer to take such steps as are necessary to re-perfect such security interest on behalf of the Issuer and the Indenture Trustee in the event of the relocation of a Financed Vehicle or for any other reason.

  • The Trust Collateral Agent hereby authorizes the Servicer, and the Servicer agrees, to take any and all steps necessary to re-perfect such security interest on behalf of the Trust as necessary because of the relocation of a Financed Vehicle or for any other reason.


More Definitions of Financed Vehicle

Financed Vehicle means a new or used motor vehicle, together with all accessions thereto, securing an Obligor’s indebtedness under a Receivable.
Financed Vehicle means a new or used automobile or light-duty truck, together with all accessions thereto, securing an Obligor's indebtedness under the respective motor vehicle installment loan contract.
Financed Vehicle means, with respect to any retail installment sale or conditional sale contract, the related new or used Honda or Acura automobile, together with all accessions thereto, securing the related Obligor’s indebtedness under such retail installment sale or conditional sale contract.
Financed Vehicle. With respect to a Receivable, any used automobile, light-duty truck, minivan or sport utility vehicle, together with all accessions thereto, securing the related Obligor’s indebtedness thereunder.
Financed Vehicle means an automobile, light-duty truck, SUV or van, together with all accessions thereto, securing an Obligor’s indebtedness under the applicable Receivable.
Financed Vehicle has the meaning specified in the Sale and Servicing Agreement.
Financed Vehicle means a new or used automobile, light truck, van or minivan, together with all accessions thereto, securing an Obligor’s indebtedness under a Receivable.