Repurchase Programs Sample Clauses

Repurchase Programs. With respect to each Group II Repurchase Vehicle leased by each Lessee hereunder (a) unless previously purchased by such Lessee pursuant to this Agreement, turn in such Group II Repurchase Vehicle to the relevant Manufacturer within the Repurchase Period therefor, (b) dispose of such Group II Repurchase Vehicle under the applicable Repurchase Program according to its historical practice and in accordance with the requirements of such Repurchase Program, and (c) comply with all of its (and the Lessor's) obligations under the applicable Repurchase Program.
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Repurchase Programs. On the date of each Borrowing, each Manufacturer and each Repurchase Program in respect of which any portion of the Borrowing Base is calculated (including any portion of the Borrowing Base comprising the value of any Loans used to purchase Vehicles from such Manufacturer or finance Vehicles of such Manufacturer) shall be an Eligible Manufacturer and Eligible Repurchase Program, respectively.
Repurchase Programs. NFC agrees that it will (i) provide the Liquidity Agent, the Dealers and each Rating Agency with at least 30 days' prior written notice of its intention to make Series 1996-2 Advances to NFLP under the Series 1996-2 Supplement for the purchase or financing of Vehicles manufactured by any new Manufacturer, (ii) provide the Liquidity Agent, the Dealers and each Rating Agency with a copy of the draft Repurchase Program of such Manufacturer as it then exists at the time of such notice and a copy of the final Repurchase Program promptly upon its being available and (iii) certify to the Liquidity Agent and the Liquidity Lenders that such new Manufacturer is an Eligible Manufacturer and that such Repurchase Program is an Eligible Repurchase Program at such time. In no event shall NFC agree, to the extent any consent of NFC is solicited or required by the Manufacturer or any assignor of such Repurchase Program, to any change in any Repurchase Program that is reasonably likely to materially adversely affect its rights or the rights of the NFC Secured Parties with respect to any Vehicles (except for an immaterial number of Vehicles) previously purchased under such Repurchase Program.
Repurchase Programs. With respect to each Group III Repurchase Vehicle leased by each Lessee hereunder (a) unless previously purchased by such Lessee pursuant to this Agreement or redesignated as a Group III Non-Repurchase Vehicle pursuant to Section 14 hereof, turn in such Group III Repurchase Vehicle to the relevant Manufacturer within the Repurchase Period therefor, (b) dispose of such Group III Repurchase Vehicle under the applicable Repurchase Program according to its historical practice and in accordance with the requirements of such Repurchase Program, and (c) comply with all of its (and the Lessor's) obligations under the applicable Repurchase Program.
Repurchase Programs. 40 SECTION 7.17. Other Representations............................. 40
Repurchase Programs. .. 43 SECTION 8.1.15. Use of Proceeds of Commercial Paper Notes......... 44 SECTION 8.1.16. Vehicles.......................................... 44 SECTION 8.2. Negative Covenants................................ 44 SECTION 8.2.1. Liens............................................. 44 SECTION 8.2.2. Other Indebtedness................................ 44 SECTION 8.2.3. Consolidations and Mergers........................ 45 SECTION 8.2.4. Sales of Assets................................... 45 SECTION 8.2.5. Acquisition of Assets............................. 45 SECTION 8.2.6. Dividends, Officers' Compensation, etc............ 45 SECTION 8.2.7. Name; Chief Executive Office...................... 45 SECTION 8.2.8. Organic Documents................................. 45 SECTION 8.2.9. Investments....................................... 45
Repurchase Programs. The Servicer shall promptly transfer its electronic records relating to the Vehicles to the Successor Servicer in such electronic form as the successor Servicer may reasonably request and shall promptly transfer to the Successor Servicer all of its records, correspondence and documents necessary for the continued servicing of the Vehicles in the manner and at such times as the Successor Servicer shall reasonably request. To the extent that the compliance with this Section 4.16 shall require the Servicer to disclose to the Successor Servicer information of any kind which the Servicer reasonably deems to be confidential, the Successor Servicer shall be required to enter into such customary licensing and confidentiality agreements as the Servicer shall reasonably deem necessary to protect its interest.
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Repurchase Programs. TFFC is an authorized fleet purchaser under the Repurchase Programs operated by Ford, Chrysler, General Motors, Saab and Toyota (to the extent it is purchasing Vehicles manufactured by such Manufacturers); provided, however, that TFFC shall not purchase Vehicles under the Repurchase Program of any such Manufacturer unless the Repurchase Program for the applicable model year has previously been approved by the Rating Agencies. Each of such Repurchase Programs, and any other Repurchase Program under which TFFC owns Vehicles is in full force and effect (to the extent TFFC is purchasing Vehicles manufactured by such Manufacturers) and has not been previously assigned, transferred or pledged by TFFC (except to the Trustee).
Repurchase Programs. (a) With respect to any Repurchase Program for any model year after the 1994 model year pursuant to which TFFC proposes to acquire Vehicles, prior to TFFC's acquisition of any Vehicle from any Manufacturer under such Repurchase Program, TFFC will (i) execute and deliver in favor of the Trustee an Assignment Agreement, (ii) if any Series of Notes is then being rated by Standard & Poor's or DCR, deliver a written confirmation from Standard & Poor's or DCR, as the case may be, that the acquisition of Vehicles pursuant to such Repurchase Program will not result in the reduction or withdrawal of any rating issued by Standard & Poor's or DCR in respect of such Series of Notes and (iii) obtain the consent of the Required Beneficiaries if such Repurchase Program is operated by a Manufacturer other than Ford, General Motors or Chrysler which has a long-term unsecured debt rating of "A" or less from Standard & Poors.
Repurchase Programs. 31 Section 23.17. Title to Assets ........................................................................... 31 Section 23.18. Accuracy of Information ................................................................... 31 Section 23.19.
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