Floorplan Approved Invoice definition

Floorplan Approved Invoice has the meaning assigned to such term in Section 2.26(b).
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Examples of Floorplan Approved Invoice in a sentence

  • The proceeds of each Floorplan Loan will be retained by the Floorplan Funding Agent and the Floorplan Funding Agent will be directly responsible for paying the related Floorplan Approved Invoice (it being understood that the terms of such payment will be negotiated between the Floorplan Funding Agent and the applicable Floorplan Approved Vendor).

  • The unpaid principal balance of each Floorplan Loan shall be payable in full on the earlier of (i) such date that such Floorplan Approved Invoice is due pursuant to the terms of the floorplan program then made available to the Borrower by the applicable Floorplan Approved Vendor and (ii) the Maturity Date (the earlier of such dates, a “Floorplan Due Date”).

  • The unpaid principal balance of each Floorplan Loan shall be payable in full on the earlier of (i) the sixtieth (60th) day following the date of the Floorplan Approved Invoice funded with the proceeds of such Floorplan Loan or such other date that such Floorplan Approved Invoice is due pursuant to the terms of the floorplan program then made available to the Borrower by the applicable ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vendor and (ii) the Maturity Date (the earlier of such dates, a “Floorplan Due Date”).

Related to Floorplan Approved Invoice

  • Approved Vendor means the entity approved by the IPA under the ABP to be eligible for an award of an Agreement (as a Seller) under the ABP.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Valid Invoice means an invoice containing the detailed information set out in clause C2 (Payment and VAT).

  • CREFC® Total Loan Report The report in the “Total Loan Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.