Fiduciary Obligation of Dealer. To the extent that Dealer has an outstanding obligation with any floorplan lender or other party holding a security interest in the Unit related to the Contract assigned to Westlake, Dealer agrees to remit the advance received from Westlake necessary to satisfy any amounts due and payable to any such floorplan lender or other party acknowledges that Dealer owes a fiduciary duty to Westlake to do so.
Appears in 8 contracts
Samples: Dealer Agreement, Dealer Agreement, Dealer Agreement
