Financed Vehicles definition

Financed Vehicles means, pursuant to its respective Norwegian car certificate, registration certificate or any equivalent documents located in Norway, (i) any motor vehicle (motorvogn) as defined in the Norwegian Road Traffic Act 1965 under Norwegian law (including but not limited to cars, light commercial vehicles, motor homes and motor cycles), and (ii) any other vehicle (kjøretøy) as defined in the Norwegian Road Traffic Act 1965 (including but not limited to caravans), and which is financed pursuant to the relevant Loan Contract;

Financed Vehicles shall have the meaning set forth in the Base Indenture.

Financed Vehicles shall have the meaning set forth in Schedule I to the Base Indenture.

Examples of Financed Vehicles in a sentence

• The Servicer shall pay on behalf of the Trust any personal property taxes assessed on repossessed Financed Vehicles.

• The Servicer may maintain a vendor’s single interest or other collateral protection insurance policy with respect to all Financed Vehicles (“Collateral Insurance”) which policy shall by its terms insure against physical loss and damage in the event any Obligor fails to maintain physical loss and damage insurance with respect to the related Financed Vehicle.

• It is understood that the Financed Vehicles are the collateral and security for the Receivables, but that the Certificate of Title with respect to a Financed Vehicle does not constitute collateral and merely evidences such security interest.

• It is understood that the Financed Vehicles are the collateral and security for the Receivables, but that the Certificate of Title with respect to a Financed Vehicle does not constitute collateral for that Receivable and merely evidences such security interest.

• Without limiting the generality of the foregoing, the Servicer shall be authorized and empowered to execute and deliver, on behalf of itself, the Issuer, the Trustees, the Securityholders or any of them, any and all instruments of satisfaction or cancellation, or of partial or full release or discharge and all other comparable instruments, with respect to the Receivables and the Financed Vehicles.

More Definitions of Financed Vehicles

Financed Vehicles means motor vehicles, services and other products sold by Affiliated Dealers to Obligors.

Financed Vehicles means property, including an automobile, light-duty truck, van or mini-van, together with all accessions thereto, securing an Obligor's indebtedness under the respective Receivable.

Financed Vehicles means Vehicles with respect to which there is an outstanding Advance.

Financed Vehicles means any vehicle whose acquisition has been financed by Hertz pursuant to this Agreement and a lease or hire purchase contract under the XxX where such vehicle remains subject to such contract.

Financed Vehicles means a new or used automobile, van or light-duty truck, the purchase of the Obligor financed with an Auto Loan.

Financed Vehicles means a Vehicle in connection with which Lender makes an advance under Section II. B., II. C., II. D. or II. E. or in connection with which Lender otherwise makes, or is deemed to have made, an advance.

Financed Vehicles means the motor vehicles, together with all accessions thereto, which are subject to the Finance Contract.