Common use of Sale of Vehicle Clause in Contracts

Sale of Vehicle. We will attempt to sell the Motor Vehicle promptly at the “Sale Price”. However if we are unable to sell the Vehicle within 30 days from the date the Vehicle is ready for sale then we may keep the Vehicle and get from a motor vehicle valuer a market valuation of the best wholesale price of the Vehicle. The market valuation will then be the Sale Price.

Appears in 9 contracts

Samples: Consumer Finance Lease Agreement, Consumer Finance Lease Agreement, Business Finance Lease Agreement

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