New Vehicle Borrower definition

New Vehicle Borrower has the meaning specified in the introductory paragraph hereto; provided that, subject to Section 2.19(e), in no event shall a Foreign Person, an Unrestricted Subsidiary or a Silo Subsidiary be a “New Vehicle Borrower”.
New Vehicle Borrower has the meaning specified for such term in the Floorplan Credit Agreement.
New Vehicle Borrower has the meaning specified in the introductory paragraph hereto.

Examples of New Vehicle Borrower in a sentence

  • Each New Vehicle Borrower and Used Vehicle Borrower shall assist the New Vehicle Swing Line Lender or Used Vehicle Swing Line Lender, as applicable, and their respective representatives, in whatever way reasonably necessary to make the inspections and audits provided for herein.

  • Each New Vehicle Borrower shall make all payments of principal and interest in respect of the New Vehicle Floorplan Swing Line Loans directly to the New Vehicle Swing Line Lender.


More Definitions of New Vehicle Borrower

New Vehicle Borrower has the meaning specified in the introductory paragraph hereto. “New Vehicle Event of Default” has the meaning specified in Section 8.03.

Related to New Vehicle Borrower

  • New vehicle means an Eligible Vehicle purchased by You and You being the first registered owner of Your Vehicle.

  • Borrower as defined in the preamble hereto.

  • Canadian Borrower as defined in the preamble hereto.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.