Common use of Physical Audits Clause in Contracts

Physical Audits. CNHi Capital shall conduct dealer inventory audits of equipment and parts covered by wholesale financing for Dealers. The frequency of conducting such audits shall be determined by CNHi Capital in its sole discretion. Such audits shall include CNHi America equipment that is on demonstration to prospective customers of a Dealer and equipment subject to any rental plan.

Appears in 7 contracts

Samples: Wholesale and Parts Cnhi Capital Financing Agreement (CNH Industrial Capital LLC), Wholesale and Parts Cnhi Capital Financing Agreement (CNH Industrial Capital LLC), Wholesale and Parts Cnhi Capital Financing Agreement (CNH Industrial Capital LLC)

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Physical Audits. CNHi Capital shall conduct dealer inventory audits of equipment and parts covered by wholesale financing for Dealers. The frequency of conducting such audits shall be determined by CNHi Capital in its sole discretion. Such audits shall include CNHi America equipment that is on demonstration to prospective customers of a Dealer and CNHi equipment subject to any rental plan.

Appears in 7 contracts

Samples: Wholesale and Parts Cnhi Capital Financing Agreement (CNH Industrial Capital LLC), Wholesale and Parts Cnhi Capital Financing Agreement (CNH Industrial Capital LLC), Wholesale and Parts Cnhi Capital Financing Agreement (CNH Industrial Capital LLC)

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