Pull Ahead Program definition

Pull Ahead Program means any program instituted by the Servicer or an Affiliate thereof pursuant to which a Lessee shall be permitted to terminate its Lease Agreement prior to the related Maturity Date without payment by the Lessee of all or a portion of the remaining Monthly Payments due in accordance with the terms of the related Lease Agreement.
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Pull Ahead Program. Any program instituted by Ally Financial, as agent of a Lease OEM, or by a Lease OEM, pursuant to which the Lessee shall be permitted to terminate a Lease prior to its Scheduled Lease End Date without payment by the Lessee of all or a portion of the remaining Monthly Lease Payments due in accordance with the terms of the related Lease.
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Pull Ahead Program any program instituted by GMAC, as agent of General Motors, or by General Motors pursuant to which the Lessee shall be permitted to terminate a Series 2007-SN1 Lease prior to its Scheduled Lease End Date without payment by the Lessee of all or a portion of the remaining Monthly Lease Payments due in accordance with the terms of the related Series 2007-SN1 Lease.
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Examples of Pull Ahead Program in a sentence

  • If a Pull Ahead Program is instituted, any Lease Agreement subject to such Pull Ahead Program shall become a Pull Ahead Lease Agreement as of the end of the Collection Period during which the related Lessee elected to terminate the Lease Agreement prior to its Maturity Date by delivery of the related Leased Vehicle to a Dealer and payment of any required Monthly Payments and any other required amount pursuant to such Pull Ahead Program.

  • The Servicer shall cause the related Pull Ahead Payment Provider to remit to it all Pull Ahead Payments relating to Pull Ahead Lease Agreements in accordance with the terms of the related Pull Ahead Program, including pursuing applicable legal remedies if such payments are not paid.

  • For the avoidance of doubt, no Successor Servicer shall be obligated to maintain a Pull Ahead Program.

  • Consistent with the foregoing, and notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document, the Lease OEMs shall have no right (and the Servicer shall not allow any Lease OEMs) to waive, extend or modify any provision of any Lease, whether in connection with a Pull Ahead Program or otherwise.

  • No Lessee shall be permitted to participate in any Pull Ahead Program unless it has paid all amounts due and payable by the Lessee under the related Lease on or before the date of such Lessee’s election to terminate such Lease (other than (i) Excess Mileage/Wear and Tear Fees, which shall be charged to such Lessee to the extent applicable in accordance with such Lease and the Credit and Collection Policy and (ii) any remaining Monthly Payments that have been waived pursuant to such Pull Ahead Program).

  • If a Pull Ahead Program is instituted, any Lease subject to such Pull Ahead Program shall become a Pull Ahead Lease as of the end of the Collection Period during which the related Lessee elected to terminate the Lease prior to its Maturity Date by delivery of the related Vehicle to a Dealer and payment of any required Monthly Payments and any other required amount pursuant to such Pull Ahead Program.

  • The Servicer shall cause the related Pull Ahead Payment Provider to remit to it all Pull Ahead Payments relating to Pull Ahead Leases in accordance with the terms of the related Pull Ahead Program, including pursuing applicable legal remedies if such payments are not paid.

  • Consistent with the foregoing, and notwithstanding anything to the contrary contained in this Agreement (including Section 4.04) or any other COLT 20 -SN Basic Document, General Motors shall have no right (and the Servicer shall not allow General Motors) to waive, extend or modify any provision of any Series 20 -SN Lease whether in connection with a Pull Ahead Program or otherwise.

  • In connection with any such modification of a Series 200_-__ Lease in connection with a Pull Ahead Program, the Servicer shall obtain the full amount of such Pull Ahead Payment from GMAC and deposit it in the COLT Collection Account at the time and in the manner required by Section 3.04.

  • Consistent with the foregoing, and notwithstanding anything to the contrary contained in this Agreement (including Section 4.04) or any other COLT 2005-SN1 Basic Document, General Motors Corporation shall have no right (and the Servicer will not allow General Motors Corporation) to waive, extend or modify any provision of any Series 2005-SN1 Lease whether in connection with a Pull Ahead Program or otherwise.


More Definitions of Pull Ahead Program

Pull Ahead Program any program instituted by Ally Financial, as agent of General Motors Corporation, or by General Motors Corporation pursuant to which the Lessee shall be permitted to terminate a Series 20 -SN Lease prior to its Scheduled Lease End Date without payment by the Lessee of all or a portion of the remaining Monthly Lease Payments due in accordance with the terms of the related Series 20 -SN Lease.
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Related to Pull Ahead Program

  • PEBB program means the program within the HCA that administers insurance and other benefits for eligible employees (as described in WAC 182-12-114), eligible retired employees (as described in WAC 182-12-171 and 182-12-180), eligible survivors (as described in WAC 182-12-180, 182-12-250, and 182-12-265), eligible dependents (as de- scribed in WAC 182-12-250 and 182-12-260) and others as defined in RCW 41.05.011.

  • Pilot program means the pilot program identified and funded through the Funding Agreement and described in that Funding Agreement and its attachments.

  • MPA Program means the global emergency multiphase programmatic approach program designed to assist countries to prevent, detect and respond to the threat posed by COVID-19 and strengthen national systems for public health preparedness.

  • PACE Program means a program implemented by a municipality to stimulate energy efficiency and renewable energy projects in conformity with Act 270.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.