Examples of Auto Loan Agreement in a sentence
Each Auto Loan Receivable derives from an Auto Loan Agreement which has been entered into among the Trustor of the First Trust, the Guarantor, the Dealer and an Obligor.
Kündigung aus wichtigem Grund)Pursuant to German mandatory law an agreement for the performance of a continuing obligation (Dauerschuldverhältnis) may be terminated by either party for good cause (aus wichtigem Grund) without notice, i.e. a Borrower may early terminate an Auto Loan Agreement (which qualifies as an agreement for the performance of a continuing obligation (Dauerschuldverhältnis) for good cause (aus wichtigem Grund) without notice.
All Borrowers have granted the Servicer the right to collect monies due and payable under the relevant Auto Loan Agreement by making use of a direct debit mandate (SEPA-Lastschrift).
The Customer shall comply with all applicable requirements of FortisAlberta in relation to their Service Connection and interconnection with FortisAlberta’s Electric Distribution System.
As a result, by way of example, the Borrower may deny the repayment of such part of the Instalments under the relevant Auto Loan Agreement which relates to the financing of the Insurance Premium.Accordingly, in case of any termination of a residual debt insurance (Restschuldversicherung) due to the insolvency of the relevant insurance company (including by way of statutory termination), suchinsurance company may be obliged to repay any unutilised part of the insurance premium.
Risks arising from additional contracts qualifying as Linked Contracts (verbundene Verträge)Depending on the circumstances, additional contracts (other than car purchase agreements referred to in “German Consumer Credit Legislation and Linked Contracts (verbundene Verträge)” above) concluded in connection with an Auto Loan Agreement (such as e.g. residual debt insurances (Restschuldversicherungen)) may also qualify as linked contracts (verbundene Verträge) within the meaning of Sections 358 et seq.
The ability of any Borrower to make timely payments of amounts due under the relevant Auto Loan Agreement will mainly depend on its assets and liabilities as well as its ability to generate sufficient income to make the required payments.
Pursuant to Section 494 paragraph 2 sentence 2 of the BGB the interest rate under an Auto Loan Agreement is reduced to the statutory interest (gesetzlicher Zinssatz) rate if the Auto Loan Agreement does not contain any information as regards the applicable interest rate (Sollzinssatz), the effective annual rate of interest (effektiver Jahreszinssatz) or the total amount (Gesamtbetrag).
Risks arising from additional contracts qualifying as Linked Contracts (verbundene Verträge)Depending on the circumstances, additional contracts (other than car purchase agreements referred to in “Consumer Credit Legislation and Linked Contracts (verbundene Verträge)” above) concluded in connection with an Auto Loan Agreement (such as e.g. residual debt insurances (Restschuldversicherungen)) may also qualify as linked contracts (verbundene Verträge) within the meaning of Sections 358 et seq.
Pursuant to Section 494 paragraph 2 sentence 2 of the BGB the interest rate under an Auto Loan Agreement is reduced to the statutory interest (gesetzlicher Zinssatz) rate if the Auto Loan Agreement does not contain information as regards the applicable interest rate (Sollzinssatz), the effective annual rate of interest (effektiver Jahreszinssatz) or the total amount (Gesamtbetrag).