Fleet transaction definition

Fleet transaction means the sale of five or more motor vehicles from a dealer’s motor vehicle inventory to the same person within one calendar year.
Fleet transaction means the sale of five or more items of heavy equipment from a dealer's heavy equipment inventory to the same person in one calendar year.
Fleet transaction means the sale of five or more vessels or outboard motors from a dealer's vessel and outboard motor inventory to the same business entity within one calendar year.

Examples of Fleet transaction in a sentence

  • When performing a Commercial Fleet transaction at the DCR, the display prompts “Enter Data.” The DCR will now prompt “Enter Vehicle Number.”14.

  • Further, they have acknowledged that the $33.44 figure was based solely on a highly "theoretical" "estimate" of what the public shareholders "might" have received if the Fleet transaction had been structured as a merger with Liberty.

  • Moved by: Alice Quammen Second: Heidi Bardwell Vote: UnanimousVote was on By-laws with indicated changes.

  • Financial statements including historical periods are adjusted for the anticipated divestment of LeasePlan in Czech Republic, in Finland and Luxembourg (announced on 28 November 2022), the divestment of LeasePlan USA, the divestment of LeasePlan Australia and New Zealand to SG Fleet (transaction closed as per 1 September 2021) and the carve-out of CarNext.

  • Fleet transaction – the sale of five or more items of heavy equipment from a dealer’s heavy equipment inventory to the same person in one calendar year.13 Heavy equipment – self-propelled, self-powered or pull- type equipment, including farm equipment or a diesel engine, that weighs at least 1,500 pounds and is intended to be used for agricultural, construction, industrial, maritime, mining or forestry uses.

  • Public Minutes of a Meeting of the Black Country Local Enterprise Partnership 16th May 2022 at 3.00pm Microsoft Teams Present: Tom Westley (Chair);Cllr.

  • If a check is returned 'NSF' for a Fleet transaction, only one returned check fee and reinstatement fee will be charged to reinstate all vehicles involved in the original interaction.

  • If a check is returned NSF for a Fleet transaction, only one returned check fee and reinstatement fee will be charged to reinstate all vehicles involved in the original interaction.


More Definitions of Fleet transaction

Fleet transaction means a licensee's sale of one or more motor vehicles to a
Fleet transaction means a licensee's sale of one or more motor vehicles to a manufacturer-approved current fleet customer under the manufacturer's fleet program.
Fleet transaction means the acquisition of the stock or other ownership interests in certain subsidiaries of Liberty Financial Companies, Inc. (including Liberty Funds Group LLC, the current parent of the Advisor) by Fleet National Bank pursuant to that certain Stock Purchase Agreement dated as of June 4, 2001 among the Parent, Liberty Financial Companies, Inc. and Liberty Financial Services, Inc.
Fleet transaction. ’ means the sale of five or more items of heavy equipment from a dealer’s heavy equipment in- ventory to the same person in one calendar year.

Related to Fleet transaction

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Financing Transactions means any one or more of the execution, delivery and performance by a Loan Party of the Loan Documents to which it is to be a party, and the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Relevant Transaction has the meaning specified in Section 2.05(b)(ii).

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;