Demonstrator Vehicle definition

Demonstrator Vehicle means an unregistered vehicle from the 1997 or 1998 model year which has been used and operated by Seller on dealer plates for sales demonstration purposes. "Used Vehicle" shall mean any vehicle which is not a "new vehicle", a 'demonstrator vehicle" or a "rollback vehicle" as defined in the three preceding sentences.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Demonstrator Vehicle means an unregistered vehicle from the 1997 or 1998 model year which has been used and operated by Seller on dealer plates for sales demonstration purposes. "USED VEHICLE" shall mean any vehicle which is not a "new vehicle", a "demonstrator vehicle" or a "rollback vehicle" as defined in the three preceding sentences.

Demonstrator Vehicle means a Floorplan Vehicle (other than a Used Vehicle or a Rental Vehicle) which in addition to being available for sale is also to be used for demonstration purposes and/or as a courtesy and/or business support vehicle by Polestar in the ordinary course of its business and which is designated as such by Polestar to VCFSUK via APAK;

Examples of Demonstrator Vehicle in a sentence

CEO and President Demonstrator Vehicle Program and the AutoNation, Inc.
The Performance Appraisal document attached as Appendix A will be utilized for appraisals of long term occasional teachers.
At any time, the sum of the Total New Vehicle Commitment (which includes $10,000,000 of the Swingline Commitment) $20,000,000 of the Swingline Commitment, Total Program and Used Vehicle Commitment, Total Demonstrator Vehicle Commitment, and Total Acquisition Loan Commitment.
A Vehicle not older than the then current model year or the immediately preceding model year, but previously in service and with fewer than 30,000 miles, purchased at closed auctions or from rental companies, manufacturers, national fleet vehicles, and rental service companies; or a Vehicle, which was a New Vehicle or Demonstrator Vehicle, after June 30 of the year after the Vehicle's model year.
In addition, to the extent required by state or local law, Borrower shall cause each Service Loaner Vehicle and Demonstrator Vehicle to be periodically inspected by appropriate governmental officials or their designees.

More Definitions of Demonstrator Vehicle

Demonstrator Vehicle means a motor vehicle that is used exclusively for the purpose of sale of another vehicle of the same class;

Demonstrator Vehicle means an unregistered vehicle from the 1998 or 1999 model year which has been used and operated by the Company on dealer plates for sales demonstration purposes.

Demonstrator Vehicle means any and all motor vehicles designated pursuant to this Agreement as Demonstrator Vehicles. 601 MLA (Rev. 7/21) MASTER LOAN AGREEMENT Page 1

Demonstrator Vehicle means a motor vehicle that has been used by a dealer for the purpose of exemplifying motor vehicles, other than second-hand motor vehicles, of the same model as that vehicle to prospective purchasers;

Demonstrator Vehicle means any Honda, Cadillac and Oldsmobile vehicle which: (i) is from the 1996 or 1997 model year, and (ii) either is registered in the name of Seller (and is being used by a third party which has received use of the vehicle in exchange for the advertising credit) or is registered in the name of a third party which has received use of the vehicle in exchange for advertising credit or (iii) is utilized by Seller or its employees and has not been sold at retail. "Used Vehicle" shall mean any vehicle which is not a new vehicle, a program vehicle or a demonstrator vehicle.

Demonstrator Vehicle or “Demonstrator” shall mean a New Vehicle or Used Vehicle that (a) is designated by the applicable Loan Party as a demonstrator or demonstration Vehicle (b) has not been previously titled (other than to a Loan Party in accordance with applicable law), and (c) is the then current model year or last model year.

Demonstrator Vehicle. A Vehicle which has never been titled and has 500 or more miles; provided, however, that a Vehicle shall cease to be a Demonstrator Vehicle on June 30 of the calendar year following its model year.