Common use of Nonfloorplan Agreements Between Seller and Dealer Clause in Contracts

Nonfloorplan Agreements Between Seller and Dealer. (a) With respect to a Dealer that is the obligor under Receivables that have been or will be sold to the Buyer hereunder, the Seller may be or become a lender to such Dealer under an agreement or arrangement (a "Nonfloorplan Agreement") other than a Floorplan Financing Agreement pursuant to which the Seller (either directly, or as assignee of the originator of the Account) has been granted a security interest in the same collateral (the "Common Collateral") in which the Floorplan Financing Agreement for such Dealer creates a security interest, which Common Collateral may include the same Vehicle (the "Common Vehicle Collateral") in which such Floorplan Financing Agreement creates a security interest. The Common Collateral other than the related Common Vehicle Collateral is referred to herein as the "Common Non-Vehicle Collateral."

Nonfloorplan Agreements Between Seller and Dealer. (a) With respect to a Dealer that is the obligor under Receivables that have been or will be sold to the Buyer hereunder, the Seller may be or become a lender to such Dealer under an agreement or arrangement (a "“Nonfloorplan Agreement"”) other than a Floorplan Financing Agreement pursuant to which the Seller (either directly, or as assignee of the originator of the Account) has been granted a security interest in the same collateral (the "“Common Collateral"”) in which the Floorplan Financing Agreement for such Dealer creates a security interest, which Common Collateral may include the same Vehicle (the "“Common Vehicle Collateral"”) in which such Floorplan Financing Agreement creates a security interest. The Common Collateral other than the related Common Vehicle Collateral is referred to herein as the "“Common Non-Vehicle Collateral."Non-

Nonfloorplan Agreements Between Seller and Dealer. (a) With respect to a Dealer that is the obligor under Receivables that have been or will be sold to the Buyer hereunder, the Seller may be or become a lender to such Dealer under an agreement or arrangement (a "Nonfloorplan Agreement") other than a Floorplan Financing Agreement pursuant to which the Seller (either directly, or as assignee of the originator of the Account) has been granted a security interest in the same collateral (the "Common Collateral") in which the Floorplan Financing Agreement for such Dealer creates a security interest, which Common Collateral may include the same Vehicle (the "Common Vehicle Collateral") in which such Floorplan Financing Agreement creates a security interest. The Common Collateral other than the related Common Vehicle Collateral is referred to herein as the "Common Non-Vehicle Collateral."Non-