Financed Vehicle definition

Financed Vehicle means an automobile or light-duty truck van or minivan, together with all accessions thereto, securing an Obligor’s indebtedness under the respective Receivable.

Financed Vehicle. A new or used car or light truck, together with all accessories thereto, securing an Obligor’s indebtedness under a Receivable.

Financed Vehicle means new and used automobiles, light duty trucks, minivans and sport utility vehicles, together with all accessions thereto, securing an Obligor’s indebtedness under the respective Receivable.

Examples of Financed Vehicle in a sentence

• As of the Closing Date, is secured by a first priority perfected security interest in favor of BAC in the related Financed Vehicle, or all necessary and appropriate actions shall have been commenced that would result in the valid perfection of a first priority security interest in favor of BAC in the Financed Vehicle, which security interest has been validly assigned by BAC to the Purchaser.

• The Receivable requires that the Obligor thereunder obtain physical damage insurance covering the related Financed Vehicle.

• Review the “Year”, “Make” and “Model” sections of the Retail Sale Contract and confirm that the Financed Vehicle constitutes a new or used automobile, light-duty truck, SUV or van.

• The Servicer is authorized as it deems necessary or advisable, consistent with its Customary Servicing Practices, to make reasonable efforts to realize upon any recourse to any Dealer and to sell the related Financed Vehicle at public or private sale.

• The Issuer and the Grantor Trust hereby authorize the Servicer to take such steps as are necessary to re-perfect such security interest created by the Receivable in the event of the relocation of a Financed Vehicle or for any other reason.

More Definitions of Financed Vehicle

Financed Vehicle means a new or used motor vehicle, together with all accessions thereto, securing an Obligor’s indebtedness under a Receivable.

Financed Vehicle means a new or used automobile or light-duty truck, together with all accessions thereto, securing an Obligor's indebtedness under the respective motor vehicle installment loan contract.

Financed Vehicle means, with respect to any retail installment sale or conditional sale contract, the related new or used Honda or Acura automobile, together with all accessions thereto, securing the related Obligor’s indebtedness under such retail installment sale or conditional sale contract.

Financed Vehicle means, with respect to a Receivable, the related cars, crossover utility vehicles, light-duty trucks or sport utility vehicles, as the case may be, together with all accessions thereto, securing the related Obligor’s indebtedness under such Receivable.

Financed Vehicle has the meaning specified in the Sale and Servicing Agreement.

Financed Vehicle means a new or used automobile, light truck, van or minivan, together with all accessions thereto, securing an Obligor’s indebtedness under a Receivable.

Financed Vehicle means, as to any Contract, an automobile, light-duty truck or van, together with all accessions thereto, securing the related Obligor's indebtedness under such Contract.