Ownership and Taxes. Dealership will have and maintain absolute title to and ownership of each Vehicle, subject to each Ally Party’s respective Security Interest in the Vehicle. Dealership will pay all taxes and assessments at any time levied on any Vehicle as and when they become due and payable.
Appears in 9 contracts
Samples: Agreement (Vroom, Inc.), Inventory Financing and Security Agreement (Carvana Co.), Inventory Financing and Security Agreement (Carvana Co.)
Ownership and Taxes. Dealership will have and maintain absolute title to and ownership of each Vehicle, subject to each Ally Party’s 's respective Security Interest in the Vehicle. Dealership will pay all taxes and assessments at any time lime levied on any Vehicle as and when they become due and payable.
Appears in 1 contract
Samples: Inventory Financing and Security Agreement (Shift Technologies, Inc.)
