Auto Title definition

Auto Title means the certificate of title issued by the department of transportation or other corresponding instrumentality or agency of any state that relates to an automobile or other vehicle which is collateral for a Receivable.
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Examples of Auto Title in a sentence

  • Without limiting any of the Servicer’s duties and obligations hereunder, Servicer shall perform on behalf of Borrower the affirmation obligations of Borrower under Sections 3.3., 3.7, 3.8, 3.9 and 3.10 of the Loan Agreement, and shall perform the Auto Title Procedures on behalf of the Borrower.

  • Each Borrower hereby collaterally assigns to Lender, all of such Borrower’s right and title to and interest in, to and under (but not any obligations under) the Consumer Loan Documents, Consumer Lease Documents and each Auto Title related to each Existing Receivable, each RTO Receivable and all other agreements, documents and instruments related to any of the foregoing (collectively, the “Assigned Documents”).

  • Each Borrower hereby collaterally assigns to the Administrative Agent and Additional Collateral Agent, in each case for the benefit of the Lender Parties, all of such Borrower’s right and title to and interest in, to and under (but not any obligations under) the Consumer Loan Documents and each Auto Title related to each Receivable and all other agreements, documents and instruments related to any of the foregoing (collectively, the “Assigned Documents”).

  • Failure of Lender to demand or require Borrower to include any Pledged Contract or related Auto Title securing a Pledged Contract in any schedule, to execute any schedule, to assign and deliver any schedule or to deliver physical possession of any instruments, documents, or writings related to any Pledged Contract shall not relieve Borrower of its duty so to do.

  • The parties further acknowledge that Pawn Shop Management, LLC, ASAP Auto Pawn, Inc and Instant Auto Sales LLC operate in the State Nevada in the sale of motor vehicles and financing thereof, but not in the Pawn Loan, Deferred Deposit Loan, or Auto Title Loan businesses.

  • All Auto Title Loans are current, lawful, bona-fide, third-party, arm’s length transactions.

  • Each Borrower hereby collaterally assigns to the Administrative Agent, for the benefit of the Lender Parties, all of such Borrower’s right and title to and interest in, to and under (but not any obligations under) the Consumer Loan Documents and each Auto Title related to each Receivable and all other agreements, documents and instruments related to any of the foregoing (collectively, the “Assigned Documents”).

  • The Related Parties covenant and agree that on or before sixty (60) days following the date of this Amendment they shall deliver to the Custodian the original Auto Title for each of the automobiles listed on Schedule B hereto which shall list the respective Related Party as first lienholder on such automobile.

  • Sellers expressly represent that the total of the aggregate Pawn Loan Principal Balance and aggregate Auto Title Loan Principal Balance is not less than $6,500,000 as of the date of this Agreement and as of Closing.

  • The Auto Title Loan transactions of Sellers as recorded on its books, records, and computer system are true and accurate in all material respects and Sellers maintains all required documents and records related to such transactions.

Related to Auto Title

  • Common name means any designation or identification such as code name, code number, trade name, brand name or generic name used to identify a chemical other than by its chemical name.

  • Watercraft means:any vessel, craft or thing made or intended to float on or in or travel on or through water, other than model boats.

  • Masterworks Shares has the meaning set forth in Section 2.8(c).

  • Personal watercraft means a vessel that uses an outboard motor or an inboard engine powering

  • Property Name Property Address: Control No.: The Mortgage File should be delivered to the following: ________________________________________ ________________________________________ ________________________________________

  • Business Systems means all Software, computer hardware (whether general or special purpose), electronic data processing, information, record keeping, communications, telecommunications, networks, interfaces, platforms, servers, peripherals, and computer systems, including any outsourced systems and processes, that are owned or used or held for use in the conduct of the Company Business.

  • Boat means any device capable of being used as a means of transportation on water.

  • Recreational vehicle means a vehicle which is:

  • SABS : means the South African Bureau of Standards.

  • Modern Slavery has the meaning given to that term or, if “Modern Slavery” is not used, similar terms (such as forced labor), in the Modern Slavery Laws. Seller confirms that it does not use any Forced Labor, it conducts its business in compliance with the applicable Modern Slavery Laws, and it is not subject to any investigation, enforcement or conviction involving Modern Slavery. Seller shall promptly notify Buyer of any actual or suspected breaches by Seller or its Subcontractors of the applicable Modern Slavery Laws, and Seller agrees to provide Buyer immediately upon request any information and assistance that Buyer may require for compliance with the applicable Modern Slavery Laws.