Retail Financing definition
Examples of Retail Financing in a sentence
The sales force shall be able to address all Financing Services, including Dealer wholesale financing, Dealer loans, Commercial Financing, Retail Financing, Lease Financing, Remarketing and Chrysler-provided vehicle service contracts.
SCUSA shall apply credit risk underwriting standards consistent with SCUSA’s general practices for Retail Financing and will purchase contracts or otherwise provide such Retail Financing, if appropriate in SCUSA’s reasonable discretion in accordance with its usual and customary standards for creditworthiness and any applicable regulatory safety and soundness standards.
During a Capital Markets Disruption, GM’s right to terminate or revoke Retail Financing exclusivity will be suspended.
Subject to the principles and exceptions outlined in this Section 3.2, whenever GM offers a GM Special Program regarding a Retail Financing product, it will do so exclusively through GMAC.
A copy of the Retail Financing Program agreement is attached hereto as Exhibit I.
If Dealer desires to apply for a Retail Financing Program, Dealer shall enter into a Retail Financing Program agreement and all related documents, exhibits and finance bulletins forming a part of the Retail Financing Program agreement.
All right, title and interest of the Sellers under the Fuel Retail Financing Instruments and all interests of the Sellers in collateral securing the Fuel Retail Financing Instruments.
Dealer Financing and Services: • Vehicle Inventory Financing (New and Used); • Capital Loans; • Equipment Loans; • Real Estate Loans; • Dealer insurance products and services, subject to [***]; • Remarketing (including GMAC SmartAuction and other auction services); and • Electronic cash and drafting settlement systems Retail Financing: • Consumer Retail Financing; • Commercial Retail Financing; and • Fleet Financing (Commercial Finance).
For each Retail Financing, an interest rate quote to any Customer shall be valid for a term equal to the earlier of thirty days from such quote or the end of a calendar year and, for a Retail Financing transaction approved by the Company, the applicable interest rate will be effective for a term equal to the earlier of ninety days from such approval or the end of a calendar year.
After the commencement of the Geely Holding Retail Financing Business, Genius AFC will enter into individual Geely Holding Retail Loan Agreements and Geely Retail Loan Agreements with the Geely Retail Customers respectively.