Financing Contract definition

Financing Contract means any contract entered into by the

Financing Contract means an agreement for the provision of credit for the purchase of motor vehicles, taking the form of hire purchase agreements ("HP Agreements" or "HP No Balloon") and personal contract purchase agreements ("PCP Agreements" or "PCP") between VWFS and an Obligor.

Financing Contract means an agreement for the provision of credit for the purchase of motor vehicles, taking the form of hire purchase agreements ("HP Agreements" or "HP No Balloon"), personal contract purchase agreements ("PCP Agreements" or "PCP") and lease purchase agreements ("LP Agreements") between VWFS and an Obligor.

Examples of Financing Contract in a sentence

• Under the provisions of the CCA the court has a wide discretion to make an order incorporating such amendments to the relevant Regulated Financing Contract as it considers fit, in order to achieve the objectives of the time order.

• No such rebate is required where the Obligor exercises his right to terminate a Regulated Financing Contract as described in (a) above, as the Obligor may terminate the relevant Regulated Financing Contract, without discharging in full the total amount payable under the Regulated Financing Contract.

• If, with regards to a Regulated Financing Contract, certain default or enforcement proceedings are taken or notice of early termination is served on an Obligor, the Obligor can apply to the court for a time order to change the timing of payments under his Regulated Financing Contract or to repay the outstanding sum by lower instalments than provided for in his Regulated Financing Contract.

• One or more partial early repayment(s) may be made at any time during the life of the relevant Regulated Financing Contract, subject to the Obligor taking certain steps as outlined in Section 94 of the CCA.

• In addition, from 1 February 2011 the Obligors under a Regulated Financing Contract entered into after 11 June 2010 have a right to make partial early repayments of the Regulated Financing Contract.

More Definitions of Financing Contract

Financing Contract means any loan agreement, indenture or other financing Contract to which the Company or any of its Affiliates is a party that was entered into in connection with any Leveraged Lease.

Financing Contract means any executory Contract in the form of a lease of or rental agreement with respect to motor vehicles or secured or unsecured financing of motor vehicles with respect to which (i) any Target Company, any Securitization Originator, any Securitization Depositor or any Securitization Issuing Entity is the lessor, seller, lender, secured party or obligee (whether initially or as an assignee), or (ii) is between an obligor, on the one hand, and a lessor, seller, obligee, secured party or assignee of any of the foregoing, on the other hand.

Financing Contract means any contract (including any schedule or amendment thereto or assignment, assumption, renewal or novation thereof) in existence on or prior to the Closing in the form of (i) a lease of or rental agreement with respect to Property, (ii) a sale contract (including an installment sale contract or conditional sale agreement) arising out of the sale of Property, (iii) a secured or unsecured financing of Property, or (iv) a secured or unsecured loan, and in each case, which with respect thereto: (A) Company is the lessor, seller, lender, secured party or obligee (whether initially or as an assignee), or (B) is between an obligor, on the one hand, and a lessor, seller, obligee, secured party or assignee of any of the foregoing, on the other hand, and (1) which would be a Financing Contract if Company were the lessor, seller, obligee, secured party or assignee of any of the foregoing thereunder and (2) with respect to which Company is an assignee of the revenues or claims with respect thereto.

Financing Contract means any contract, including any schedule or amendment thereto or assignment, assumption, renewal or novation thereof (and delivery, acceptance or installation certificates, landlord or mortgagee waivers, intercreditor or subordination agreements, incumbency certificates, purchase orders, purchase order assignments, and sale and leaseback agreements, each relating thereto), in the form of (i) a lease of or rental agreement with respect to Property, (ii) a sale contract (including an installment sale contract or conditional sale agreement) arising out of the sale of Property, or (iii) a secured financing of Property, and in each case, which with respect thereto: (A) any member of the Seller Group is the lessor, seller, secured party or obligee (whether initially or as an assignee), or (B) is between an Obligor, on the one hand, and a lessor, seller, obligee, secured party or assignee of any of the foregoing, on the other hand, and (1) which would be a Financing Contract if any member of the Seller Group were the lessor, seller, obligee, secured party or assignee of any of the foregoing thereunder and (2) with respect to which any member of the Seller Group is an assignee of the revenues or claims with respect thereto.

Financing Contract means any contract relating to Equipment and related services (including any schedule thereto and any amendment, assignment, assumption, renewal or novation thereof and any ancillary agreements thereto) that is in the form of either a lease agreement or an installment sale contract between an Obligor, on one hand, and Xerox, on the other hand, and which has been or is proposed to be transferred to Borrower pursuant to the Sale and Contribution Agreement.

Financing Contract means the contract which represents the financing instrument for the purchase of the Collateral, which sets forth the terms, conditions, inception date, and expiration date of the financing instrument. Lease means any financial agreement whereby the Lender purchases the Collateral on behalf of the Customer and then leases the Collateral to the Customer in return for monthly rental payments. This GAP Addendum will not provide coverage for Leases, unless the Financing Contract was reported as such and the appropriate premium was paid. Loan means Financing Contract.

Financing Contract means a retail installment contract or lease agreement between a financer and a debtor or lessee, as applicable, for financing the purchase or lease of a motor vehicle.