Fleet transaction definition

Fleet transaction means the sale of five or more motor vehicles from a dealer’s motor vehicle inventory to the same person within one calendar year.
Fleet transaction means the sale of five or more items of heavy equipment from a dealer's heavy equipment inventory to the same person in one calendar year.
Fleet transaction means the sale of five or more vessels or outboard motors from a dealer's vessel and outboard motor inventory to the same business entity within one calendar year.

Examples of Fleet transaction in a sentence

  • If the Sun Life transaction is completed before the Fleet transaction, LFC believes that the Sun Life transaction will not represent a sale of all or substantially all of the property and assets of LFC, and, accordingly, that you will not have appraisal rights.

  • Public Minutes of a Meeting of the Black Country Local Enterprise Partnership 16th May 2022 at 3.00pm Microsoft Teams Present: Tom Westley (Chair);Cllr.

  • Fleet transaction – the sale of five or more items of heavy equipment from a dealer’s heavy equipment inventory to the same person in one calendar year.13 Heavy equipment – self-propelled, self-powered or pull- type equipment, including farm equipment or a diesel engine, that weighs at least 1,500 pounds and is intended to be used for agricultural, construction, industrial, maritime, mining or forestry uses.

  • Eagle anticipates that the Fleet transaction will be accretive to earnings immediately upon closing.

  • LFC believes that if the Fleet transaction is completed after the Sun Life transaction, you will be entitled to appraisal rights under Massachusetts law in connection with the Fleet transaction.

  • Further, in the proxy statements the Individual Defendants and Liberty and Mutual have circulated to plaintiff and class members it is represented that the Individual Defendants unanimously believe that the Sun Life transaction, the Fleet transaction and the squeeze out merger with Mutual are in the best interests of Liberty's shareholders.

  • When performing a Commercial Fleet transaction at the DCR, the display prompts “Enter Data.” The DCR will now prompt “Enter Vehicle Number.”14.

  • Further, they have acknowledged that the $33.44 figure was based solely on a highly "theoretical" "estimate" of what the public shareholders "might" have received if the Fleet transaction had been structured as a merger with Liberty.

  • LFC believes that if the Sun Life transaction is completed after the Fleet transaction, you will be entitled to appraisal rights under Massachusetts law in connection with the Sun Life transaction.

  • If a check is returned NSF for a Fleet transaction, only one returned check fee and reinstatement fee will be charged to reinstate all vehicles involved in the original interaction.


More Definitions of Fleet transaction

Fleet transaction means a licensee's sale of one or more motor vehicles to a
Fleet transaction means a licensee's sale of one or more motor vehicles to a manufacturer- approved current fleet customer under the manufacturer's fleet program.
Fleet transaction means the acquisition of the stock or other ownership interests in certain subsidiaries of Liberty Financial Companies, Inc. (including Liberty Funds Group LLC, the current parent of the Advisor) by Fleet National Bank pursuant to that certain Stock Purchase Agreement dated as of June 4, 2001 among the Parent, Liberty Financial Companies, Inc. and Liberty Financial Services, Inc.
Fleet transaction. ’ means the sale of five or more items of heavy equipment from a dealer’s heavy equipment in- ventory to the same person in one calendar year.

Related to Fleet transaction

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Secondary Market Transaction has the meaning set forth in Section 5.5.

  • Public-finance transaction means a secured transaction in connection with which:

  • Private Placement Transaction means a “limited offering” as defined from time to time in Rule 17j-l under the 1940 Act or any applicable successor provision. Currently, this means an offering exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or 4(6) or Rule 504, 505 or 506 under that Act, including hedge funds.

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;