Outstanding Finance definition

Outstanding Finance has the meaning set out in clause 5.1;
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Examples of Outstanding Finance in a sentence

  • If the reverse applies (i.e. the Outstanding Finance is more than the Used Vehicle’s Valuation) we are unable to settle such Outstanding Finance and we will not purchase the Used Vehicle from you.

  • We will have no responsibility whatsoever in relation to any matters relating to Outstanding Finance on any Vehicle.

  • If we discover that the Used Vehicle is subject to Outstanding Finance higher than the Used Vehicle’s Valuation either after the Valuation or after we have accepted the Used Vehicle as part-exchange in accordance with clause 6.5, the Valuation and/or our obligation to accept and purchase the Used Vehicle (as appropriate) shall be deemed void and we may exercise our legal rights to recover any such sums in respect of the Outstanding Finance as a debt due from you to us which will be payable immediately.

  • If we discover that the Vehicle is subject to Outstanding Finance higher than the Vehicle’s Valuation either after the Valuation or after the Contract has been formed in accordance with clause 4, the Valuation and/or Contract (as appropriate) shall be deemed void and we may exercise our legal rights to recover any such sums in respect of the Outstanding Finance as a debt due from you to us which will be payable immediately.

  • If the reverse applies (i.e. the Outstanding Finance is more than the Vehicle’s Valuation) we are unable to settle such Outstanding Finance and we will not purchase the Vehicle from you.

  • We will have no responsibility whatsoever in relation to any matters relating to Outstanding Finance on any Used Vehicle.