HP Agreements definition

HP Agreements or "HP No Balloon" means each hire purchase agreement entered into between VWFS and an Obligor.
HP Agreements means the following agreements: Action Systems Certification and Reseller Agreement by and between Action Systems Inc. and Hewlett-Packard Company dated September 30, 1998; Agreement dated October 1, 1999 by and between Action Systems, Inc., Hewlett-Packard and HP-Brazil; Agreement dated February 1, 2000 by and between Action Systems, Inc. and Hewlett-Packard Brazil; Letter Agreement dated February 2, 2000 by and between Hewlett Packard and Action Systems, Inc.; Master Agreement for Professional Services dated August 14, 2000 by and between Xchange and HSBC Bank Brasil S.A.
HP Agreements means the Division Purchase Agreement between Seller and Hewlett-Packard Company dated February 2, 1997.

Examples of HP Agreements in a sentence

  • PCP Agreements are similar to HP Agreements but with an additional larger "balloon" final rental payment at the end of the term of the PCP Agreement, where the Obligor can either settle the contract by paying the balloon payment (and thereby purchase the vehicle) or, subject to the vehicle being in a condition acceptable to VWFS and within agreed mileage, return the vehicle to VWFS in full and final settlement of the PCP Agreement.

  • HP Agreements contain standard rental terms where an initial payment is made and then the balance is typically amortised in equal monthly instalments.

  • The Financing Contracts are governed by English or Scottish law and take the form of hire purchase agreements ("HP Agreements" or "HP No Balloon") and personal contract purchase agreements ("PCP Agreements" or "PCP") between VWFS and Obligors.

  • HP Agreements Mainly directed at retail Obligors, HP Agreements are available for both new and used vehicles.

  • Equitable AssignmentAssignment by Oodle to the Issuer of the benefit of the Receivables (and the Ancillary Rights) derived from HP Agreements governed by the laws of England and Wales will take effect in equity only because no notice of the assignment will be given to Obligors.

  • Upon Completion, SMI will be released from all obligations under the HP Agreements and Smart Electric shall take over from SMI all outstanding obligations of an aggregate amount of approximately HK$6.0 million payable to hire purchase lessors under the HP Agreements.

  • The application of the CCA to the HP Agreements which are regulated by the CCA (such HP Agreements, the "Regulated HP Agreements") will have several consequences including the following (refer to the section "LEGAL AND REGULATORY CONSIDERATIONS – HP Agreements regulated by the Consumer Credit Act 1974 (as amended) – Regulatory framework" for further details): • Oodle has to comply with authorisation and permission requirements and the credit agreement must comply with origination requirements.

  • As a result Oodle will be potentially liable for misrepresentations made by a credit broker (such as a Dealer) involved in introducing an Obligor to Oodle; • if any Vehicle becomes "protected" pursuant to the CCA, this could potentially cause delays in recovering amounts due from Obligors and consequently may reduce amounts available to Noteholders and Certificateholders; • the Consumer Rights Act 2015 ("CRA15") applies in relation to HP Agreements involving consumers.

  • The Directors, to the best of their knowledge, information and belief and having made all reasonable enquiries, confirm that Sun Motor Group and its associates, including SMI and Hysan, the hire purchase lessors under the HP Agreements and the Scheme Administrators are Independent Third Parties.

  • Failure to comply with these requirements can have a significant impact on the enforceability of the Regulated HP Agreements and Oodle's ability to recover interest and default fees: • Oodle has interpreted certain technical rules under the CCA in a way common with many other lenders in the vehicle finance market.

Related to HP Agreements

  • Lock-Up Agreements means the lock-up agreements that are delivered on the date hereof by each of the Company’s officers and directors, in the form of Exhibit A attached hereto.

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.

  • PJM Agreements means the PJM OATT, PJM Operating Agreement, PJM RAA and any other applicable PJM manuals or documents, or any successor, superseding or amended versions thereof that may take effect from time to time.

  • Existing Agreements means the [*****].

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Partnership Agreements means the partnership agreements together with all agreements, certificates and other documents provided to and approved by Lender and which govern the existence, operation and ownership of the Partnerships.

  • IP Agreements means all material Copyright Licenses, Patent Licenses, Trademark Licenses, and all other agreements, permits, consents, orders and franchises relating to the license, development, use or disclosure of any material Intellectual Property to which a Pledgor, now or hereafter, is a party or a beneficiary, including, without limitation, the agreements set forth on Schedule III hereto.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Support Agreements has the meaning set forth in the Recitals.

  • Equity Agreements has the meaning set forth in Section 5.1.

  • Operating Agreements means the management agreements, service contracts, supply contracts, leases (other than the Leases) and other agreements, if any, in effect with respect to the construction, ownership, operation, occupancy or maintenance of the Property. All of the Operating Agreements in force and effect as of the date hereof are listed on Exhibit E attached hereto.

  • Services Agreements means the Outsourcing Master Services Agreements between MBL and MGL dated November 15, 2007, and between the Non-Banking Holdco and MGL dated December 10, 2007, and any supplements or amendments thereto;

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;

  • Investment Agreements or “Flow-Through Agreements” means written agreements pursuant to which the Partnership will subscribe for Flow-Through Shares (including Flow-Through Shares issued as part of a unit) or agreements by the Partnership to otherwise invest in or purchase securities of a Resource Issuer, and in respect of Flow-Through Shares comprised of units, the Resource Issuer will covenant and agree:

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Distribution Agreements means (i) any and all agreements entered into by a Credit Party, pursuant to which such Credit Party has sold, leased, licensed or assigned distribution rights or other exploitation rights to any Item of Product to an un-Affiliated Person, and (ii) any and all agreements hereafter entered into by a Credit Party pursuant to which such Credit Party sells, leases, licenses or assigns distribution rights or other exploitation rights to an Item of Product to an un-Affiliated Person.

  • Exchange Agreements means the GSK Exchange Agreement, the Pfizer Exchange Agreement and the SLP Exchange Agreement;

  • Seller Agreements means the Sale and Servicing Agreement, the Purchase Agreement, the Trust Agreement, [the Insurance Agreement, the Indemnification Agreement] and this Agreement. The Notes are being purchased by the Underwriters named in Schedule 1 hereto, and the Underwriters are purchasing, severally, only the Notes set forth opposite their names in Schedule 1, except that the amounts purchased by the Underwriters may change in accordance with Section 10 of this Agreement. [Name of representative of underwriters] is acting as representative of the Underwriters and in such capacity, is hereinafter referred to as the "Representative." The offering of the Notes will be made by the Underwriters and the Companies understand that the Underwriters propose to make a public offering of the Notes for settlement on _____________, 20__ as the Underwriters deem advisable. The Certificate will be retained by the Seller. Defined terms used herein shall have their respective meanings as set forth in the Sale and Servicing Agreement.

  • Service Agreements means the agreements in the agreed form to be entered into between the Company and each of the Founders;

  • Program Agreements means, collectively, this Agreement, the Guaranty, if any, the Custodial Agreement, the Pricing Side Letter, each Underlying Entity Agreement, if any, the Administration Agreement, the Electronic Tracking Agreement, if any, the Netting Agreement, the Custodial Account Control Agreement, each Holdback Account Control Agreement, if any, each Power of Attorney, each Servicing Agreement, if any, and each Servicer Notice, if any.

  • OP Agreement means the agreement of limited partnership of ATA Holdings, as amended and in effect from time to time.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.