Common use of RESALE OF REPOSSESSION Clause in Contracts

RESALE OF REPOSSESSION. Seller agrees to offer for resale, at Purchaser's option, vehicles that Purchaser has repossessed that were collateral on Contracts purchased from Seller. Seller agrees to use reasonable efforts to sell the vehicles on Contracts that will be acceptable to Purchaser.

Appears in 1 contract

Samples: Continuing Purchase and Sale Agreement (Us Automobile Acceptance SNP Iv Inc)

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RESALE OF REPOSSESSION. Seller agrees to offer for resale, at Purchaser's option, vehicles that Purchaser has repossessed that were collateral on Contracts purchased by Purchaser from Seller, but, for which Seller has no recourse obligation to Purchaser. Seller agrees to use reasonable efforts to sell the vehicles on Contracts that will be acceptable to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Us Automobile Acceptance SNP Iv Inc)

RESALE OF REPOSSESSION. Seller agrees to offer for resale, at Purchaser's option, vehicles that Purchaser has repossessed that were collateral on Contracts purchased by Purchaser from Seller, but for which Seller has no recourse obligation to Purchaser. Seller agrees to use reasonable efforts to sell the vehicles on Contracts that will be acceptable to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Us Automobile Acceptance SNP Iv Inc)

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RESALE OF REPOSSESSION. Seller agrees to offer for resale, at Purchaser's option, vehicles that Purchaser has repossessed that were collateral on Contracts purchased by Purchaser from Seller. Seller agrees to use reasonable efforts to sell the vehicles on Contracts that will be acceptable to Purchaser.

Appears in 1 contract

Samples: Continuing Purchase and Sale Agreement (Us Automobile Acceptance SNP Iv Inc)

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