Certificate of title definition

Certificate of title means, with respect to any Financed Vehicle, the certificate of title or other documentary evidence of ownership of such Financed Vehicle as issued by the department, agency or official of the jurisdiction (whether in paper or electronic form) in which such Financed Vehicle is titled responsible for accepting applications for, and maintaining records regarding, certificates of title and liens thereon.
Certificate of title means a certificate of title with respect to which a statute provides for the security interest in question to be indicated on the certificate as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the collateral. The term includes another record maintained as an alternative to a certificate of title by the governmental unit that issues certificates of title if a statute permits the security interest in question to be indicated on the record as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the collateral.
Certificate of title means a document issued by a jurisdiction to establish a

Examples of Certificate of title in a sentence

  • It is understood that the Financed Vehicles are the collateral and security for the Receivables, but that the Certificate of Title with respect to a Financed Vehicle does not constitute collateral for that Receivable and merely evidences such security interest.

  • The registered owners as reflected on the Certificate of Title remain the 2nd and 3rd Defendants and so even though they are owners on Title only they cannot seek to distance themselves from issues regarding the grant of the injunction.


More Definitions of Certificate of title

Certificate of title means a certificate of title with respect to which a statute
Certificate of title means the paper record issued by the department or by the appropriate agency
Certificate of title means a document issued by a jurisdiction to establish a record of ownership between an identified owner and the described vehicle, vessel, or outboard motor.
Certificate of title means a certificate of title with respect to which a statute provides for the security interest in question to be indicated on the certificate as a condition or result of the security interest’s obtaining priority over the rights of a lien creditor with respect to the collateral.
Certificate of title means a certificate of title with
Certificate of title has the meaning set forth in the Titling Trust Agreement.
Certificate of title means a certificate of