Financing Contract definition

Financing Contract means an agreement for the provision of credit for the purchase of motor vehicles, taking the form of hire purchase agreements ("HP Agreements" or "HP No Balloon") and personal contract purchase agreements ("PCP Agreements" or "PCP") between VWFS and an Obligor.

Financing Contract means any contract entered into by the

Financing Contract means any loan agreement, indenture or other financing Contract to which the Company or any of its Affiliates is a party that was entered into in connection with any Leveraged Lease.

Examples of Financing Contract in a sentence

• If, with regards to a Regulated Financing Contract, certain default or enforcement proceedings are taken or notice of early termination is served on an Obligor, the Obligor can apply to the court for a time order to change the timing of payments under his Regulated Financing Contract or to repay the outstanding sum by lower instalments than provided for in his Regulated Financing Contract.

• Under the provisions of the CCA the court has a wide discretion to make an order incorporating such amendments to the relevant Regulated Financing Contract as it considers fit, in order to achieve the objectives of the time order.

• The Recipient will be required to pledge its full faith and credit and taxing power within the limitations of Article XI, Sections 11 and 11 b, of the Oregon Constitution to pay the amounts due under the Financing Contract.

• If a Regulated Financing Contract has been "improperly executed" (as such term is used in the CCA) or improperly modified in accordance with the provisions of the CCA, it may be unenforceable unless a court order has been obtained.

• The Financing Contract shall be payable from all legally available funds of the Recipient.

More Definitions of Financing Contract

Financing Contract means a retail installment contract or lease agreement between a financer and a debtor or lessee, as applicable, for financing the purchase or lease of a motor vehicle.

Financing Contract means an agreement for the provision of credit for the purchase of motor vehicles taking the form of hire purchase agreements ("HP Agreements" or "HP No Balloon") and personal contract purchase agreements ("PCP Agreements") between VWFS and an Obligor.

Financing Contract means any contract relating to Equipment and related services (including any schedule thereto and any amendment, assignment, assumption, renewal or novation thereof and any ancillary agreements thereto) that is in the form of either a lease agreement or an installment sale contract between an Obligor, on one hand, and Xerox, on the other hand, and which has been or is proposed to be transferred to Borrower pursuant to the Sale and Contribution Agreement.

Financing Contract means any executory Contract in the form of a lease of or rental agreement with respect to motor vehicles or secured or unsecured financing of motor vehicles with respect to which (i) any Target Company, any Securitization Originator, any Securitization Depositor or any Securitization Issuing Entity is the lessor, seller, lender, secured party or obligee (whether initially or as an assignee), or (ii) is between an obligor, on the one hand, and a lessor, seller, obligee, secured party or assignee of any of the foregoing, on the other hand.

Financing Contract means any contract (including any schedule or amendment thereto or assignment, assumption, renewal or novation thereof) in existence on or prior to the Closing in the form of (i) a lease of or rental agreement with respect to Property, (ii) a sale contract (including an installment sale contract or conditional sale agreement) arising out of the sale of Property, (iii) a secured or unsecured financing of Property, or (iv) a secured or unsecured loan, and in each case, which with respect thereto: (A) Company is the lessor, seller, lender, secured party or obligee (whether initially or as an assignee), or (B) is between an obligor, on the one hand, and a lessor, seller, obligee, secured party or assignee of any of the foregoing, on the other hand, and (1) which would be a Financing Contract if Company were the lessor, seller, obligee, secured party or assignee of any of the foregoing thereunder and (2) with respect to which Company is an assignee of the revenues or claims with respect thereto.

Financing Contract means the contract which represents the financing instrument for the purchase of the Collateral, which sets forth the terms, conditions, inception date, and expiration date of the financing instrument. Lease means any financial agreement whereby the Lender purchases the Collateral on behalf of the Customer and then leases the Collateral to the Customer in return for monthly rental payments. This GAP Addendum will not provide coverage for Leases, unless the Financing Contract was reported as such and the appropriate premium was paid. Loan means Financing Contract.

Financing Contract has the meaning in Recital A.