Common Vehicle Collateral definition

Common Vehicle Collateral has the meaning specified in Section 6.01(a).
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Common Vehicle Collateral shall have the meaning specified in Article VII of the Receivables Purchase Agreement.
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Common Vehicle Collateral means the motor vehicles listed on Schedule 1 to Exhibit A hereto.
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Examples of Common Vehicle Collateral in a sentence

  • The Common Collateral other than the related Common Vehicle Collateral is referred to herein as the "Common Non-Vehicle Collateral".


More Definitions of Common Vehicle Collateral

Common Vehicle Collateral means any Vehicle, accounts, chattel paper, promissory notes, money and other proceeds (including insurance proceeds) thereof, security deposits and other restricted account balances in connection with the related Floorplan Financing Agreement, such Dealer’s rights under the related Sales and Service Agreement and personal guarantees, in which GMF has been granted a security interest under both a Nonfloorplan Agreement and under a Floorplan Financing Agreement.
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Common Vehicle Collateral means a Vehicle in which NMAC (either directly, or as assignee of the originator of the Account) has been granted a security interest under both a Nonfloorplan Agreement and under a Floorplan Financing Agreement.
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Common Vehicle Collateral means any Vehicle, accounts, chattel paper, promissory notes, money and other proceeds (including insurance proceeds) thereof, security deposits and other restricted or cash management account balances in connection with the related Floorplan Financing Agreement, such Dealer's rights under the related Sales and Service
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Related to Common Vehicle Collateral

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".

  • Unladen vehicle means a vehicle without a driver, or passenger, and unladen, but with its fuel tank full and its normal complement of tools;

  • construction vehicle means a vehicle used as a means of conveyance for transporting persons or material, or persons and material, on and off the construction site for the purposes of performing construction work" construction work" means any work in connection with-

  • Securitization Vehicle shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Zero Emission Vehicle (ZEV) means a vehicle that produces no emissions from the on- board source of power (e.g., All-Electric or hydrogen fuel cell vehicles).

  • Zero-emission vehicle means a motor vehicle that is exclusively propelled by electricity or hydrogen from an external source.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.

  • Subject Vehicle means the vehicle being tested.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • goods vehicle means a motor vehicle constructed or adapted for use for the carriage of goods or burden of any description or a trailer so constructed or adapted;

  • Eligible Collateral means, with respect to a party, the items, if any, specified as such for that party in Paragraph 13.

  • School vehicle means any school bus, school van, other school vehicle and private vehicle used to transport students or staff members to and from school or any school-sponsored activity or event.

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Acceptable Collateral means: (i) a Letter of Credit; and/or (ii) a cash amount (in pounds) transferred to the credit of a Reserve Account;

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • All-terrain vehicle means either of the following:

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Hybrid vehicle (HV) means a vehicle equipped with a powertrain containing at least two different categories of propulsion energy converters and at least two different categories of propulsion energy storage systems.