Fleet Accounts definition

Fleet Accounts means those accounts and related rights to payment sold by PSI to Fleet.
Fleet Accounts. Credit lines or accounts pursuant to which advances may be made to finance Vehicles intended for sale to fleet customers, generally in lots of more than 10.
Fleet Accounts. Credit lines or accounts pursuant to which advances may be made to finance Vehicles intended for sale to fleet customers, generally in lots of more than 10. Floor Plan Financing Agreement: Collectively, the Wholesale Security Agreement, and the related agreements between GMAC and a Dealer or the Wholesale Installment Sales Finance Agreement and related agreements between General Motors and a Dealer, or, in each case, any successor agreements, pursuant to which GMAC or General Motors, as the case may be, agrees to extend credit to such Dealer to purchase or finance Vehicles and other vehicles and related items, and pursuant to which such Dealer grants to GMAC or to General Motors, as the case may be, a security interest in the specific Vehicles financed by GMAC or by General Motors, certain other vehicles, certain other collateral and the proceeds thereof.

Examples of Fleet Accounts in a sentence

  • Image based toll transactions between two or more Fleet Accounts are prioritized to the first fleet account the plate was registered to and that is still active.

  • Company will maintain a complete list of Fleet Accounts that receive Fleet Account pricing.


More Definitions of Fleet Accounts

Fleet Accounts means trucking companies or other purchasers of large quantities of diesel fuel.