Asset Based Financing definition

Asset Based Financing means financing of a Dealership by Statesman secured by accounts receivable, inventory, equipment, including rolling stock, real estate and other fixed assets, or any of such items.
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Asset Based Financing means any transaction entered into by the Borrower pursuant to which the Borrower leases, acquires, mortgages or finances the acquisition of an asset (including, without limitation, finance, capital or operating leases, sale and lease back and/or hire purchase transactions).
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Examples of Asset Based Financing in a sentence

  • The Seller shall comply with and perform its servicing obligations with respect to the Accounts and Receivables in accordance with (i) the Wholesale Financing Agreements and the Asset Based Financing Agreements relating to the Accounts and (ii) the Financing Guidelines, except insofar as any failure to so comply or perform would not materially and adversely affect the rights of the Buyer, the Trust or any of the Beneficiaries.

  • Subject to compliance with all Requirements of Law, the Seller may change the terms and provisions of (i) the Wholesale Financing Agreements and the Asset Based Financing Agreements or (ii) the Financing Guidelines in any respect (including the calculation of the amount or the timing of charge-offs and the rate of the finance charge assessed thereon) only if such change would be permitted pursuant to Section 3.1(d) of the Pooling and Servicing Agreement.

  • The following documents are incorporated by reference into this Agreement: o Asset Based Financing Agreement addendum dated x Commercial Security Agreement addendum dated 10-04-2007 o Other.

  • X Asset Based Financing Agreement addenum dated 04-18-2006 X Commercial Security Agreement addendum dated 04-18-2006 X Other ADDENDUM .

  • Asset Based Financing A unit of General Electric Capital Corporation ▇▇▇▇ ▇▇▇▇ Road, Suite 345, Barrington, IL 60010 ▇▇▇-▇▇▇-▇▇▇▇ October 29, 1996 VIA FACSIMILE & FEDERAL EXPRESS ▇▇.

  • The following documents are incorporated by reference into this Agreement: [ ] Asset Based Financing Agreement addendum dated___________________ [X] Commercial Security Agreement addendum dated 10-29-2008 [X] Other UCC FILING.

  • The following documents are incorporated by reference into this Agreement: o Asset Based Financing Agreement addendum dated x Commercial Security Agreement addendum dated 10-04.2007 o Other .

  • The following documents are incorporated by reference into this Agreement: £ Asset Based Financing Agreement addendum dated £ Commercial Security Agreement addendum dated £ Other .