Vehicle Disposition Programs Clause Samples

Vehicle Disposition Programs. 30 Section 24.4.

Vehicle Disposition Programs. DTFC 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 Advances to RCFC under the Series 1998-1 Notes for the purchase or financing by RCFC of Vehicles manufactured by any new Manufacturer, (ii) provide the Liquidity Agent, the Dealers and each Rating Agency with a copy of the draft Vehicle Disposition Program of such Manufacturer as it then exists at the time of such notice and a copy of the final Vehicle Disposition 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 Vehicle Disposition Program is an Eligible Vehicle Disposition Program at such time. In no event shall DTFC agree, to the extent any consent of DTFC is solicited or required by the Manufacturer or any assignor of such Vehicle Disposition Program, to any change in any Vehicle Disposition Program that is reasonably likely to materially adversely affect its rights or the rights of the Secured Parties with respect to any Vehicle previously purchased under such Vehicle Disposition Program.

Vehicle Disposition Programs. On the date of each Borrowing, each Manufacturer from which Group II Vehicles are purchased and each Vehicle Disposition Program covering Group II Vehicles shall be an Eligible Manufacturer and Eligible Vehicle Disposition Program, respectively.

Vehicle Disposition Programs. Thrifty Finance is, or on the applicable date of purchase will be, an authorized fleet purchaser under the Vehicle Disposition Programs operated by Chrysler, Ford and Toyota (to the extent it has purchased or is purchasing Vehicles manufactured by such Manufacturers). Each of such Vehicle Disposition Programs, and any other Vehicle Disposition Program under which Thrifty Finance owns Vehicles, is in full force and effect (to the extent Thrifty Finance is purchasing Vehicles manufactured by such Manufacturers) and has not been previously assigned, transferred or pledged by Thrifty Finance (except to the Master Collateral Agent).

Vehicle Disposition Programs. 36 SECTION 7.17. Other Representations............................................... 36

Vehicle Disposition Programs. 40 SECTION 8.1.13. Use of Proceeds of Commercial Paper Notes........................... 41 SECTION 8.1.14. Vehicles............................................................ 41 SECTION 8.2. Negative Covenants.................................................. 41 SECTION 8.2.1. Liens............................................................... 41 SECTION 8.2.2. Other Indebtedness.................................................. 41 SECTION 8.2.3. Consolidations and Mergers ......................................... 41 SECTION 8.2.4. Sales of Assets..................................................... 42 SECTION 8.2.5. Acquisition of Assets............................................... 42 SECTION 8.2.6. Dividends, Officers' Compensation, etc.............................. 42 SECTION 8.2.7. Name; Chief Executive Office........................................ 42 SECTION 8.2.8. Organic Documents................................................... 42 SECTION 8.2.9. Investments......................................................... 42 SECTION 8.2.10. No Other Agreements; Amendments to CP Program Documents......................................................... 42 SECTION 8.2.11. Other Business...................................................... 43 SECTION 8.2.12. Offering Document................................................... 43

Vehicle Disposition Programs. RCFC is an authorized fleet purchaser under the Vehicle Disposition Programs operated by each Eligible Manufacturer with respect to Program Vehicles as defined in each Series Supplement for Outstanding Series of Notes. Each Vehicle Disposition Program with respect to Vehicles that are owned by RCFC and treated as Program Vehicles under the Series Supplement for any Series is in full force and effect and has not been assigned, transferred or pledged by RCFC other than to the Master Collateral Agent.