Financed Vehicle definition

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

Financed Vehicle. A new or used car or light truck, together with all accessories thereto, securing an Obligor’s indebtedness under a 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 the Seller 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 the Seller in the Financed Vehicle, which security interest has been validly assigned by the Seller to the Purchaser.

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

• The Receivable has not been satisfied, subordinated or rescinded, nor do the records of the Servicer indicate that the related Financed Vehicle been released from the Lien granted by the related Receivable in whole or in part.

• The Issuing Entity, Grantor Trust and the Indenture Trustee 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.

• As of the Closing Date, each Receivable and the related Financed Vehicle is free and clear of any Lien of any Person (other than Xxxxx created hereunder and Permitted Liens or those Liens that will be released simultaneously with the conveyance hereunder) and is in compliance with all Applicable Laws.

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, light-duty truck, van or other motor vehicle, together with all accessions thereto, securing an Obligor’s indebtedness under the applicable Receivable.

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, as to any Contract, an automobile or light-duty truck, together with all accessions thereto, securing the related Obligor's indebtedness under such 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. With respect to a Contract, any new or used automobile, light-duty truck, minivan or sport utility vehicle, together with all accessories thereto, securing the related Obligor’s indebtedness thereunder.

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