Demonstrator Vehicle definition

Demonstrator Vehicle means an unregistered vehicle from the 1997 or 1998 model year which has been used and operated by Seller on dealer plates for sales demonstration purposes. "USED VEHICLE" shall mean any vehicle which is not a "new vehicle", a "demonstrator vehicle" or a "rollback vehicle" as defined in the three preceding sentences.

Demonstrator Vehicle means an unregistered Volkswagen vehicle from the 1997 or 1998-model year, which has been used and operated by Seller on dealer plates for sales demonstration purposes. "Used Vehicle" shall mean any vehicle, which is not a "new vehicle", a "demonstrator vehicle" or a "rollback vehicle" as defined in the three preceding sentences.

Demonstrator Vehicle means a Floorplan Vehicle (other than a Used Vehicle or a Rental Vehicle) which in addition to being available for sale is also to be used for demonstration purposes and/or as a courtesy and/or business support vehicle by Polestar in the ordinary course of its business and which is designated as such by Polestar to VCFSUK via APAK;

Examples of Demonstrator Vehicle in a sentence

• At any time, the sum of the Total New Vehicle Commitment (which includes $10,000,000 of the Swingline Commitment) $20,000,000 of the Swingline Commitment, Total Program and Used Vehicle Commitment, Total Demonstrator Vehicle Commitment, and Total Acquisition Loan Commitment.

• CEO and President Demonstrator Vehicle Program and the AutoNation, Inc.

• With respect to each Lender, such Lender's New Vehicle Commitment, Swingline Commitment, Program and Used Vehicle Commitment, Demonstrator Vehicle Commitment, or Acquisition Loan Commitment, as the context requires.

• Requests for classification of an item of Financed Inventory as a Demonstrator Vehicle or Service Loaner Vehicle shall be made in accordance with procedures established by Lender from time to time and must be accompanied by whatever documentation Lender may then require.

• Borrower may voluntarily remove a vehicle from Demonstrator Vehicle or Service Loaner Vehicle classification at any time by providing notice to Lender.

More Definitions of Demonstrator Vehicle

Demonstrator Vehicle means amotor vehicle that is used exclusively for the purpose of sale of another vehicle of the same class;

Demonstrator Vehicle or “Demonstrator” shall mean a New Vehicle or Used Vehicle that (a) is designated by the applicable Loan Party as a demonstrator or demonstration Vehicle (b) has not been previously titled (other than to a Loan Party in accordance with applicable law), and (c) is the then current model year or last model year.

Demonstrator Vehicle means an unregistered vehicle used and operated by Seller on dealer plates for sales demonstration purposes. "Used Vehicle" shall mean any vehicle which is not a new vehicle, a demonstrator vehicle or rollback vehicle.

Demonstrator Vehicle means an unregistered vehicle from the 1998 or 1999 model year which has been used and operated by the Company on dealer plates for sales demonstration purposes.

Demonstrator Vehicle or a "Rollback Vehicle."

Demonstrator Vehicle means any Honda, Cadillac and Oldsmobile vehicle which: (i) is from the 1996 or 1997 model year, and (ii) either is registered in the name of Seller (and is being used by a third party which has received use of the vehicle in exchange for the advertising credit) or is registered in the name of a third party which has received use of the vehicle in exchange for advertising credit or (iii) is utilized by Seller or its employees and has not been sold at retail. "Used Vehicle" shall mean any vehicle which is not a new vehicle, a program vehicle or a demonstrator vehicle.

Demonstrator Vehicle means a motor vehicle that has been used by a dealer for the purpose of exemplifying motor vehicles, other than second-hand motor vehicles, of the same model as that vehicle to prospective purchasers;