Examples of Financed Goods in a sentence
Where such payment is made directly to a Vendor, such money shall only be applied for the Customer’s purchase of the Financed Goods.
Where such payment is made directly to the Customer, the Customer agrees to only use the money received for the purchase of the Financed Goods.
Convey, sell, lease, assign, transfer or otherwise dispose of any of the Collateral, whether now owned or hereafter acquired, except in the ordinary course of business to consummate the sale of the Financed Goods pursuant to the terms of the applicable Eligible Purchase Order.
Where such payment is made directly to the Customer, theCustomer agrees to only use the money received for the purchase of the Financed Goods.
The table below sets forth the Category of items to be financed out of the proceeds of the Credit, and the percentage of expenditures for items so to be financed in each Category: Category Amount of the Credit Allocated (Expressed in SDR Equivalent) % of Expenditures To be Financed Goods, works, services, training, workshops, study tours, sub projects and incremental operating costs under the Project.
The proceeds of each Advance shall be used solely to finance the purchase of Financed Goods and shall be remitted, unless otherwise agreed to in writing by Secured Party in its sole and absolute discretion, directly by Secured Party to an account of the Supplier providing the Financed Goods which are the subject of the Financing Request in accordance with Section 2.7.
If for any reason the purchase of the Financed Goods does not proceed, the Customer shall immediately repay the full amount paid by the Porter Group.
Where the manufacturer's written warranty for Purchased Goods is provided to Porter Group, Porter Group will use reasonable endeavours to assign that warranty to the Customer.PART FIVE FINANCE TERMS AND CONDITIONS This Part of the Master Terms and Conditions applies to all Customers purchasing Financed Goods on finance from the Porter Group.
If for any reason the purchase of the Financed Goods does not proceed, the Customer shall immediately repay the full amount received from the Porter Group, and procure the return to the Porter Group of all amounts paid to the Vendor (whether paid by the Porter Group directly to the Vendor, or by the Porter Group to the Customer to the Vendor).