Examples of Finance Contract in a sentence
The precise impacts of the COVID-19 pandemic (the "Corona Pandemic") on the Issuer, the Servicer, the other Transaction Parties and/or any Obligor in respect of an underlying Finance Contract are wide ranging and difficult to determine and may include, but are not limited to, the matters set out below.
The Issuer shall maintain written records of any assignments of the Finance Contract.
Without GCC's prior written consent, the Issuer will not either (a) assign, transfer, pledge, hypothecate, grant any security interest in or otherwise dispose of this Finance Contract or the Property or any interest in this Finance Contract or the Property; or (b) sublet or lend the Property or permit it to be used by anyone other than the Issuer or the Issuer's employees and other authorized users.
Such successors and assigns of GCC shall have the right to further grant or assign a security interest in this Finance Contract, as well as the rights to Payments hereunder, in whole or in part, to any third party.
If the Premium is advanced as part of the Finance Contract, the Premium is deemed to have been paid to FCIC on the Effective Date.