Auto Dealer definition

Auto Dealer means a Person engaged in the sale of New and/or Used Motor Vehicles pursuant to, in the case of New Motor Vehicles, a franchise or licensing agreement with a Manufacturer and related operations.
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Auto Dealer means a retailer who sells new or used cars or trucks who is also a “dealer” as defined by Vehicle Code Section 285. For purposes of this subsection, “cars” include vans that are sold primarily as passenger vehicles, and “trucks” include pickup trucks and cargo vans with a cargo capacity of one ton or less.
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Auto Dealer has the meaning specified in the Closing Date Revolving Credit Agreement.
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Examples of Auto Dealer in a sentence

  • This Policy will not cover more than 10% (Ten Percent) above the new list price or retail value of The Vehicle as stated in that month’s issue of the TransUnion Auto Dealer Guide.

  • The Vehicle and its accessories and extras must be correctly Insured in terms of the TransUnion Auto Dealer Guide for at least its full Market Value, Retail Value or New List Price at Date of Loss.

  • The average of the recommended retail value and trade value of The Vehicle (Including its accessories and spare parts as specified in the Invoice/Offer to Purchase) at the Date of Loss, as determined by that month’s issue of the TransUnion Auto Dealer Guide, and adjustedaccording to the Kilometre reading, at the time of the Event, and Condition chart contained in the Guide.

  • Eligible Asset Class means (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Consumer Loans; (iv) Credit Card Receivables; (v) Non-Auto Leases; (vi) Residential Mortgage Loans; and (vii) SME Loans.

  • The average of the recommended retail value and trade value of The Vehicle (Including its accessories and spare parts as specified in the Invoice/Offer to Purchase) at the Date of Loss, as determined by that month’s issue ofthe TransUnion Auto Dealer Guide, and adjusted according to the Kilometre reading, at the time of the Event, and Condition chart contained in the Guide.

  • The average of the recommended retail value and trade value of The Vehicle (Including its accessories and spare parts as specified in the Invoice/Offer to Purchase) at the Date of Loss, as determined by that month’s issue of the TransUnion Auto Dealer Guide, andadjusted according to the Kilometre reading, at the time of the Event, and Condition chart contained in the Guide.

  • Other than with respect to monthly payments and to the best of its knowledge, the Protection Buyer is not aware of any Obligors in material breach or default of any obligations under any Underlying Assets.SCHEDULE GLOSSARY OF TERMS Auto Dealer Floorplan Loan: an agreement between an Originator and a dealer pursuant to which the dealer agrees to pay the Originator the purchase price of Vehicles sold or supplied by the manufacturer.

  • Defendants assert that Auto Dealer Plaintiffs are barred from bringing their consumer protection claims under South Carolina law because it prohibits class actions.

  • At present, the PCS Market Committee has not yet approved any Responsible Lending Rules and Guidelines.GLOSSARY OF TERMS Auto Dealer Floorplan Loan means an agreement between an Originator and an Eligible Dealer pursuant to which the Eligible Dealer agrees to pay the Originator the purchase price of vehicles sold or supplied to the Eligible Dealer by the vehicle manufacturer.

  • Domestic Market Guidelines: those domestic securitisation market guidelines which aim to promote best market practice, as selected and published by the PCS Secretariat.Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; (viii) Corporate Loans and (ix) SME Loans.


More Definitions of Auto Dealer

Auto Dealer also means the Distributor and the Group Policyholder.
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Related to Auto Dealer

  • investment dealer means a person or company registered in the category of investment dealer;

  • Grain dealer means a person engaged in the business of receiving, buying, exchanging, selling, or storing farm produce in this state. The term includes a farm produce trucker, grain merchandiser, or processor. The term does not include a person solely engaged in 1 of the following:

  • Vehicle dealer means a person engaged in the business of buying, selling, or exchanging a vehicle as defined in Subsection (138).

  • Relevant Dealer means, in respect of any Variable Rate Note, the Dealer party to the Programme Agreement referred to in the Agency Agreement with whom the Issuer has concluded or is negotiating an agreement for the issue of such Variable Rate Note pursuant to the Programme Agreement;

  • Dealer means a dealer who sold a Financed Vehicle and who originated and assigned the respective Receivable to AmeriCredit or an Originating Affiliate under a Dealer Agreement or pursuant to a Dealer Assignment.

  • Wholesale dealer means any dealer who deals in, or who holds a licence under any law to deal in, as the case may be, wholesale quantities of goods, and the business and stock of a wholesale dealer shall be deemed to include the business and stocks of any retail dealer who conducts business on the same premises on which the wholesale dealer conducts his or her business; and

  • Renminbi Dealer means an independent foreign exchange dealer of international repute active in the Renminbi exchange market in Hong Kong reasonably selected by the Issuer.

  • Retail dealer means a person engaged in the business of storing and dispensing motor fuel from a motor fuel pump for sale on a retail basis, regardless of whether the motor fuel pump is located at a retail motor fuel site including a permanent or mobile location.

  • Eligible Dealer means any corporation or other entity having as a principal business acting as a broker or dealer in securities.

  • Manufactured home dealer means any person, firm or

  • securities dealer means a person or entity that is authorized under provincial legislation to engage in the business of dealing in securities or any other financial instruments or to provide portfolio management or investment advising services.

  • New motor vehicle dealer means a person, including a distributor, that holds a dealer agreement granted by a manufacturer, distributor, or importer for the sale or distribution of its motor vehicles; is engaged in the business of purchasing, selling, exchanging, or dealing in new motor vehicles; and has an established place of business in this state.

  • exempt market dealer means a person or company registered in the category of exempt market dealer;

  • Motor vehicle dealer or "dealer" means any person who:

  • Used motor vehicle dealer means a person that is engaged in the business of purchasing, selling, exchanging, or dealing in used motor vehicles and that has an established place of business in this state at which it conducts that business. The term does not include a new motor vehicle dealer purchasing, selling, exchanging, or dealing in used motor vehicles as part of its business of purchasing, selling, exchanging, or dealing in new motor vehicles.

  • managing dealer means a person that has entered into an agreement with an issuer under which the person has agreed to organize and participate in the solicitation of the exercise of the rights issued by the issuer;

  • Independent motor vehicle dealer means a dealer in used motor vehicles.

  • Franchised motor vehicle dealer means a dealer in new motor vehicles that has a franchise

  • Dealer Manager Fee means the fee from the sale of Shares in a Primary Offering, payable to the Dealer Manager for serving as the dealer manager of such Primary Offering.

  • inter-dealer bond broker means a person or company that is approved by the Investment Industry Regulatory Organization of Canada under its Rule No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its Rule No. 36 and its Rule 2100 Inter-Dealer Bond Brokerage Systems, as amended from time to time;

  • Scrap metal dealer means a person or governmental unit that buys scrap metal and is not a first purchaser. The term includes, but is not limited to, a person, whether or not licensed under state law or local ordinance, that operates a business as a scrap metal recycler, scrap processor, secondhand and junk dealer, or other person that purchases any amount of scrap metal on a regular, sporadic, or 1-time basis.

  • Approved Dealer means (a) in the case of any Portfolio Investment that is not a U.S. Government Security, a bank or a broker-dealer registered under the Securities Exchange Act of 1934 of nationally recognized standing or an Affiliate thereof, (b) in the case of a U.S. Government Security, any primary dealer in U.S. Government Securities, and (c) in the case of any foreign Portfolio Investment, any foreign broker-dealer of internationally recognized standing or an Affiliate thereof, in the case of each of clauses (a), (b) and (c) above, as set forth on Schedule 1.01(a) or any other bank or broker-dealer acceptable to the Administrative Agent in its reasonable determination.

  • Exchanging Dealer means any Holder (which may include any Initial Purchaser) that is a Broker-Dealer and elects to exchange for New Securities any Securities that it acquired for its own account as a result of market-making activities or other trading activities (but not directly from the Company or any Affiliate of the Company).

  • Commercial Paper Dealers means Merrill Lynch, Pierce, Fenner & Smith Incorporated and such other commercial paper dealer or dealers as the Corporation may from time to time appoint, or, in lieu of any thereof, their respective affiliates or successors.

  • Primary Dealer means a Non-Banking Financial Company that holds a letter of authorisation issued by the Reserve Bank to act as a Primary Dealer, in terms of the "Guidelines for Primary Dealer in Government Securities Market" dated March 29, 1995, as amended from time to time;

  • Forward Hedge Selling Commission means, for any Forward Contract, the product of (x) the Forward Hedge Selling Commission Rate for such Forward Contract and (y) the Volume-Weighted Hedge Price.