Common use of Wholesale Credit Lines; Terms and Conditions of Financing Clause in Contracts

Wholesale Credit Lines; Terms and Conditions of Financing. CNHi Capital shall, in its sole discretion, establish for each Dealer the initial Wholesale Credit Lines for each Dealer and, from time to time, review such lines to be made available to each Dealer under the terms hereof. CNHi Capital may, at its sole discretion, establish all of the terms and conditions relating to the financing of Dealers, including, without limitation, the amounts to be advanced and the interest rates to be charged to Dealers on financing provided by CNHi Capital. CNHi Capital, at its sole discretion, may reduce, suspend, otherwise modify or terminate any Dealer’s Wholesale Credit Line and may amend or modify the terms and conditions of financing provided by CNHi Capital.

Appears in 14 contracts

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

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Wholesale Credit Lines; Terms and Conditions of Financing. CNHi CNH Capital shall, in its sole discretion, establish for each Dealer the initial Wholesale Credit Lines for each Dealer and, from time to time, review such lines to be made available to each Dealer under the terms hereof. CNHi CNH Capital may, at its sole discretion, establish all of the terms and conditions relating to the financing of Dealers, including, without limitation, the amounts to be advanced and the interest rates to be charged to Dealers on financing provided by CNHi CNH Capital. CNHi CNH Capital, at its sole discretion, may reduce, suspend, otherwise modify or terminate any Dealer’s Wholesale Credit Line and may amend or modify the terms and conditions of financing provided by CNHi CNH Capital.

Appears in 3 contracts

Samples: Wholesale and Parts Financing Agreement, Wholesale and Parts Financing Agreement (New Holland Credit Company, LLC), Wholesale and Parts CNH Capital Financing Agreement (New Holland Credit Company, LLC)

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