Installment Contract(s) definition

Installment Contract(s) means retail installment contracts for the sale of new or used motor vehicles purchased outright from Dealers by Company or a Subsidiary of Company or written by Dealers in the name of the Company or a Subsidiary of the Company (and funded by Company or such Subsidiary) or assigned by Dealers to Company or a Subsidiary of Company, as nominee for the Dealer, for administration, servicing, and collection, in each case pursuant to an applicable Dealer Agreement; provided, however, that any Installment Contracts transferred or encumbered pursuant to a Permitted Securitization or securing Dealer Loan Pools transferred or encumbered pursuant to a Permitted Securitization shall, from and after the date of such transfer or encumbrance, cease to be considered Installment Contracts under this Agreement unless and until such Installment Contracts or Dealer Loan Pools, as the case may be, are reassigned to the Company or a Subsidiary of the Company or such encumbrances are discharged.

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Installment Contract(s) means retail installment and/or conditional sale contracts for the sale of new or used motor vehicles assigned outright by Dealers to the Debtor or written by Dealers in the name of the Debtor or an Affiliate of the Debtor (and funded by the Debtor or such Affiliate) or assigned by Dealers to the Debtor or an Affiliate of the Debtor, as nominee for the Dealer, for administration, servicing, and collection, in each case pursuant to an applicable Dealer Agreement; provided, however, that to the extent the Debtor or any Affiliate transfers or encumbers its interest in any Installment Contracts (or any Advances to Dealers related thereto) pursuant to a Permitted Securitization, such Installment Contracts shall, from and after the date of such transfer or encumbrance, cease to be considered Installment Contracts under this Agreement (reducing the aggregate amount of Advances to Dealers by the outstanding amount of such advances, if any, attributable to such Installment Contracts) unless and until such Installment Contracts are reassigned to the Debtor or an Affiliate of the Debtor or such encumbrances are discharged.

Installment Contract(s) means retail installment contracts for the sale of used motor vehicles assigned by Dealers to the Company or a Subsidiary of the Company, as nominee for the Dealer, for administration, servicing and collection pursuant to an applicable Dealer Agreement."

Examples of Installment Contract(s) in a sentence

Dealer shall, at any time and at the request of AFC, assign in writing any or all Retail Installment Contracts and deliver the originally executed Retail Installment Contracts to AFC.
A.) Each contract and the negotiation, execution and performance thereof by Client shall be in full compliance with any and all Federal, State or local rules, laws or regulations applicable to sales of Vehicles to consumers and/or for business purposes and time sales thereof pursuant to Vehicle Retail Installment Contracts and Vehicle sales, including, without limitation, any disclosure or warranty requirements of any type.
This agreement states the terms on which Client shall sell and corporation shall buy, on a non- recourse or recourse basis, Motor Vehicle Retail Installment Contracts, evidencing Clients sale of new and used motor Vehicles, including trucks not exceeding a gross vehicle weight of 10,000 pounds and shall be applicable to all Contracts hereafter sold to Corporation.
Notwithstanding the foregoing, the Debtors shall not be required to make or retain duplicate copies of Installment Contracts or Leases.
If at any time the aggregate principal amount outstanding under the Revolving Line of Credit shall exceed the Collateral Value of the Eligible Installment Contracts, Borrower agrees to immediately repay to Lender such excess amount, plus all accrued unpaid interest thereon.
Legal services for a plan member for the preparation of Deeds, Mortgages, Promissory Notes, Affidavits, Lease Contracts, Demand Letters, Installment Contracts, ▇▇▇▇ of Sale, HIPAA Authorization and Certification of Trust.
Dealer shall, at any time and at the request of LENDER, assign in writing any or all Retail Installment Contracts and deliver the originally executed Retail Installment Contracts to LENDER.
See complete list of Security Agreements and Retail Installment Contracts.
RAC shall, at any time and at the request of AFC, notify any or all account debtors or obligors that AFC has the right to enforce RAC’s rights against the account debtors or obligors, that AFC has a security interest in the accounts, Retail Installment Contracts, Lease Agreements, and chattel paper, and that the account debtors and obligors must direct payment to AFC.
An Installment Contract aging report within thirty (30) days after the end of each calendar month, together with a list of all Installment Contracts then owned by FCC, each in form and detail satisfactory to Lender.

More Definitions of Installment Contract(s)

Installment Contract(s) means retail installment contracts for the sale of used motor vehicles assigned by Dealers to Company or a Subsidiary of Company, as nominee for the Dealer, for administration, servicing, and collection pursuant to an applicable Dealer Agreement; provided, however, that to the extent the Company or any Subsidiary transfers or encumbers its interest in any Installment Contracts (or any Advances to Dealers related thereto) pursuant to a Permitted Securitization, such Installment Contracts shall, from and after the date of such transfer or encumbrance, cease to be considered Installment Contracts under this Agreement unless and until such installment contracts are reassigned to the Company or a Subsidiary of the Company or such encumbrances are discharged."

Installment Contract(s) means retail installment contracts for the sale of new or used motor vehicles assigned outright by Dealers to an applicable Debtor or written by Dealers in the name of such Debtor (and funded by Debtor or such Subsidiary) or assigned by Dealers to Debtor, as nominee for the Dealer, for administration, servicing, and collection and/or for collateral purposes to secure Dealer Loans, in each case pursuant to an applicable Dealer Agreement; provided, however, that to the extent such Debtor transfers or encumbers its interest in any Installment Contracts (or any Dealer Loans related thereto) pursuant to a Permitted Securitization, such Installment Contracts shall, from and after the date of such transfer or encumbrance, cease to be considered Installment Contracts under this Agreement (reducing the aggregate amount of Dealer Loans by the outstanding amount of such loans, if any, attributable to such Installment Contracts) unless and until such Installment Contracts are reassigned to such Debtor or such encumbrances are discharged.

Installment Contract(s) means retail installment contracts for the sale of used motor vehicles, to be assigned by Dealers to Company or a Subsidiary of Company, as nominee for the Dealer, for administration, servicing and collection pursuant to an applicable Dealer Agreement.

Installment Contract(s) means retail installment contracts for the sale of new or used motor vehicles assigned outright by Dealers to an applicable Debtor or written by Dealers in the name of such Debtor or a Subsidiary of such Debtor (and funded by Debtor or such Subsidiary) or assigned by Dealers to Debtor or a Subsidiary of Debtor, as nominee for the Dealer, for administration, servicing, and collection and/or for collateral purposes to secure Dealer Loans, in each case pursuant to an applicable Dealer Agreement; provided, however, that to the extent such Debtor or any Subsidiary transfers or encumbers its interest in any Installment Contracts (or any Dealer Loans related thereto) pursuant to a Permitted Securitization, such Installment Contracts shall, from and after the date of such transfer or encumbrance, cease to be considered Installment Contracts under this Agreement (reducing the aggregate amount of Dealer Loans by the outstanding amount of such loans, if any, attributable to such Installment Contracts) unless and until such Installment Contracts are reassigned to such Debtor or a Subsidiary of such Debtor or such encumbrances are discharged.

Installment Contract(s) means all retail automobile installment loan contracts underwritten or purchased by either Borrower, including any payments arising thereunder and any collateral associated therewith.