Deemed Floored definition

Deemed Floored means, with respect to each New Vehicle, the date a New Vehicle Floorplan Borrowing is deemed to be made by a New Vehicle Floorplan Lender, including the New Vehicle Swing Line Lender, under the New Vehicle Floorplan Facility.
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Deemed Floored means with respect to a Motor Vehicle, the earlier of (a) the date a Floor Plan Loan Borrowing is deemed by the Floor Plan Agent, in its sole discretion, to be advanced by the Floor Plan Agent, or (b) thirty (30) days after an advance is made on a Floor Plan Loan with respect to such Motor Vehicle.
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Deemed Floored means, (i) with respect to each New Vehicle, the date the initial New Vehicle Floorplan Borrowing is deemed to be made with respect to such New Vehicle by a New Vehicle Floorplan Lender, including the New Vehicle Swing Line Lender, under the New Vehicle Floorplan Facility and (ii) with respect to each Used Vehicle, the date the initial Used Vehicle Floorplan Borrowing is deemed to be made with respect to such Used Vehicle by a Used Vehicle Floorplan Lender, including the Used Vehicle Swing Line Lender, under the Used Vehicle Floorplan Facility.
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More Definitions of Deemed Floored

Deemed Floored means, (i) with respect to each New Vehicle, the date the initial New Vehicle Floorplan Borrowing is deemed to be made with respect to such New Vehicle by a New Vehicle Floorplan Lender, including the New Vehicle Swing Line Lender, under the New Vehicle Floorplan Facility and (ii) with respect to each Used Vehicle, the date the initial Used Vehicle Floorplan Borrowing is deemed to be made with respect to such Used Vehicle by a Used Vehicle Floorplan Lender, including the Used Vehicle Swing Line Lender, under the Used Vehicle Floorplan Facility. Used Vehicles financed as of the Amendment No. 2 Effective Date after giving effect to Amendment No. 2 shall be “Deemed Floored” as of the Amendment No. 2 Effective Date.
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Deemed Floored means with respect to a Motor Vehicle, the date a Floor Plan Loan Borrowing is advanced by the Floor Plan Agent for such Motor Vehicle.
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Related to Deemed Floored

  • Lowest floor means the lowest floor of the lowest enclosed area (including basement). An unfinished or flood resistant enclosure, usable solely for parking of vehicles, building access, or limited storage in an area other than a basement area is not considered a building's lowest floor, provided that such an enclosure is not built so as to render the structure in violation of the applicable non-elevation design requirements of this ordinance.

  • Wood floor wax means wax-based products for use solely on wood floors.

  • Basement means any area of the building having its floor subgrade (below ground level) on all sides.

  • Driveway means a vehicle access route between the carriageway of a road and a use on a parcel;

  • Sidewalk means that portion of a street between the curb lines, or the lateral lines of a roadway, and the adjacent property lines intended for the use of pedestrians.

  • Walkway means a paved or unpaved trail or pathway or a structure constructed of wood or other material that is neces- sary due to the difficulty of the terrain for access to the river.

  • Suite means an elevated box or suite which is customarily an enclosed private or collective compartment inside the Stadium, with direct access to guests’ Seats, which are separated from other Seats in the Stadium.

  • Gross Floor Area means the total floor area, measured between the outside of exterior walls or between the outside of exterior walls and the centre line of party walls dividing the building from another building, of all floors above the average level of finished ground adjoining the building at its exterior walls;

  • CABS means the Carrier Access Billing System.