Financed Vehicles. Each Financed Vehicle shall be a new or used Honda or Acura motor vehicle (including automobiles and light-duty trucks).
Financed Vehicles. RCFC shall not lease any Financed Vehicles under the Financing Lease without the prior written consent of the Holders of 100% of the Group V Aggregate Invested Amount and each Enhancement Provider with respect to each Group V Series of Notes and without consent of each of the Managing Agents with respect to the Series 2010-1 Notes. RCFC shall notify each applicable Rating Agency of any Financed Vehicles under the Financing Lease.
Financed Vehicles. Each Financed Vehicle shall be a new or used motor vehicle and the aggregate Principal Balance of Receivables relating to Financed Vehicles that are new is not less than % of the Cutoff Date Pool Balance.
Financed Vehicles. Approximately 34.85% of the aggregate principal balance of the Receivables, as of the Cutoff Date, were secured by new Financed Vehicles and approximately 65.15% of the aggregate principal balance of the Receivables as of the Cutoff Date, were secured by used Financed Vehicles.
Financed Vehicles. RCFC shall not lease any Financed Vehicles under the Financing Lease without the prior written consent of the Holders of 100% of the Series 2011-2 Notes, the Required Beneficiaries in respect of each other Group VIII Series of Notes, each applicable Enhancement Provider with respect to each Group VIII Series of Notes and each rating agency rating any Group VIII Series of Notes (which consent of any rating agency rating any Group VIII Series of Notes may be evidenced by a written confirmation by such rating agency rating any Group VIII Series of Notes that the leasing of such Financed Vehicles by RCFC under the Financing Lease will not result in the reduction or withdrawal of the then-current ratings on such Group VIII Series of Notes).
Financed Vehicles. Each Financed Vehicle shall be a new or used motor vehicle.
Financed Vehicles. (a) RCFC shall not lease any Financed Vehicles under the Financing Lease without the prior written consent of the Required Beneficiaries, each Enhancement Provider with respect to each Group III Series of Notes and the Rating Agencies (which consent of the Rating Agencies may be evidenced by a written confirmation by such Rating Agencies that the leasing of such Financed Vehicles by RCFC under the Financing Lease will not result in the reduction or withdrawal of the then current ratings on each outstanding Group III Series of Notes).
Financed Vehicles. If a lienholder or additional interest is shown on the declarations page, we may pay any comprehensive or collision loss to:
Financed Vehicles. The Servicer shall defend, indemnify, and hold harmless the Custodian, the Standby Servicer, either Seller, the Purchaser and the other Indemnified Parties, from and against any and all reasonable costs, reasonable expenses, losses, damages, claims, and liabilities, arising out of or resulting from the use, ownership, or operation by the Servicer or any affiliate thereof of a Financed Vehicle.
Financed Vehicles. If the Servicer shall commence a legal proceeding to enforce a Receivable or a Defaulted Receivable, the Issuer shall thereupon be deemed to have automatically assigned such Receivable and the related property conveyed to the Issuer with respect to such Receivable to the Servicer, solely for the purpose of collection. The Owner Trustee shall furnish the Servicer with such documents as have been prepared by the Servicer for execution by the Owner Trustee and as are necessary or appropriate to enable the Servicer to carry out its servicing and administrative duties hereunder.
