Common use of AUTO TITLE Clause in Contracts

AUTO TITLE. The term “Auto Title” shall mean the certificate of title issued by the department of transportation or other corresponding instrumentality or agency of any state that relates to an automobile or other vehicle which is collateral for a Receivable.

Appears in 3 contracts

Samples: Loan and Security Agreement (Carbiz Inc), Loan and Security Agreement (Manchester Inc), Loan and Security Agreement (Manchester Inc)

AutoNDA by SimpleDocs

AUTO TITLE. The term “Auto Title” shall mean the certificate of title issued by the department of transportation or other corresponding instrumentality or agency of any state that relates to an automobile or other vehicle which is collateral for a ReceivableReceivable or constitutes Automobile Inventory, as applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (Carbiz Inc)

AUTO TITLE. The term “Auto Title” shall mean the certificate of title issued by the department of transportation or other corresponding instrumentality or agency of any state that relates to an automobile or other vehicle which is collateral for a ReceivableReceivable or constiututes Automobile Inventory, as applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (Carbiz Inc)

AutoNDA by SimpleDocs

AUTO TITLE. The term “Auto Title” shall mean the certificate of title issued by the department of transportation or other corresponding instrumentality or agency of any state that relates to an automobile or other vehicle which is collateral for a Receivablean Existing Receivable or constitutes Automobile Inventory, as applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (Carbiz Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.