unwinds definition
unwinds or "back-outs") shall be considered used cars and sold pursuant to the terms of section 2.1.2, below. Seller will furnish proper documentation (including an "R.D.R. card", "sale card," or comparable documentation) to Purchaser so that Purchaser may subsequently sell, transfer and register such vehicles as new vehicles. Seller shall disclose all damage as well as any repairs made to any vehicle. Any vehicle previously damaged, even if repaired, if the cost of repairing such damage exceeds or has exceeded Five Hundred Dollars ($500), shall be considered used cars and sold pursuant to the terms of section 2.1.2, below. Installed accessories shall be purchased at actual dealer cost, except Purchaser shall not pay for rust-proofing, undercoating, scotch-guarding, non-Manufacturer alarm systems, interrupt systems, theft prevention devices and similar dealer additions. A list of new vehicles together with the information to calculate the Purchase Price, will be provided to Purchaser at least Five (5) days prior to the Closing Date.
unwinds has the meaning assigned such term in Section 2.07(f)(i).
unwinds means the novation, sale, assignment, unwinding, termination, restructuring, modification, or amendment of a Hedging Agreement; provided that a Hedging Agreement shall be deemed not to have been subject to an Unwind if upon its termination or unwinding, it is replaced, in a substantially contemporaneous transaction, with one or more Hedging Agreements that would have approximately the same Borrowing Base value (as determined by the Administrative Agent in its reasonable judgment) and without cash payments to the Borrower or any Subsidiary in connection therewith.