Common use of FINANCE TERMS Clause in Contracts

FINANCE TERMS. The Dealer agrees that all Equipment financed by Lender in accordance with the provisions of this Agreement shall draw interest or accrue a financing charge and a flat charge at rates established by the Lender in accordance with Lender’s New and Used Floor Plan Terms for Dealers, as amended, supplemented or modified from time to time, the form of which is attached hereto as Exhibit A. Credit for the purchase price of the Equipment covered hereby will be extended by Lender subject to its prior and continuous approval. Lender may at any time without notice place a limit upon the amount of credit that may be extended to the Dealer and may at any time, without notice, change any credit limit so established.

Appears in 5 contracts

Samples: Wholesale Floor Plan Financing Agreement (Capsource Financial Inc), Securities Purchase Agreement (Capsource Financial Inc), Wholesale Floor Plan Financing Agreement (Capsource Financial Inc)

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