Floorplan Agreement means an agreement entered into by an Originator and a Manufacturer establishing certain terms and conditions for the financing of such Manufacturer’s Dealers by such Originator, which may include such Manufacturer’s agreement, among other matters, to repurchase from, or remarket for, such Originator Products sold by such Manufacturer to any of its Dealers and financed by such Originator under a Wholesale Financing Agreement if such Originator acquires possession of such Products because of a default by such Dealer under such Wholesale Financing Agreement, whether by repossession, voluntary surrender or other circumstances.
Floorplan Agreement means an agreement, entered into by Green Tree ------------------- and a Manufacturer, as amended or modified from time to time, pursuant to which such Manufacturer agrees, among other matters, to repurchase from Green Tree, Products sold by such Manufacturer to any of its Dealers and financed by Green Tree under a Wholesale Financing Agreement if Green Tree acquires possession of such Products because of a default by such Dealer under such Wholesale Financing Agreement, voluntary surrender or other circumstances.
Floorplan Agreement means an agreement, entered into by DFS or the related Approved Affiliate and a Manufacturer, as amended or modified from time to time, pursuant to which such Manufacturer agrees, among other matters, to repurchase from DFS or such Approved Affiliate, as applicable, Products sold by such Manufacturer to any of its Dealers and financed by DFS or such Approved Affiliate under a Wholesale Financing Agreement if DFS or such Approved Affiliate acquires possession of such Products because of a default by such Dealer under such Wholesale Financing Agreement, voluntary surrender or other circumstances.
Examples of Floorplan Agreement in a sentence
Such Seller shall perform its obligations under each Floorplan Agreement in accordance with the terms thereof in all material respects.
The foregoing does not constitute and is not intended to result in the creation or assumption by Buyer of any obligation of Seller or any other Person in connection with the Accounts or the Transferred Receivables or under any agreement or instrument relating thereto, including any obligation under any Financing Agreement, any Floorplan Agreement, or any Participation Agreement, or any obligation to any Dealer or any Manufacturer.
The Seller shall perform its ----------------------------------- obligations under each Floorplan Agreement in accordance with the terms thereof in all material respects.
The Floorplan Agreement is hereby incorporated into and made a part hereof.
ConvergeOne and CDF entered into that certain Second Amended and Restated Inventory Financing Agreement dated as of March 27, 2017 (the “Existing Floorplan Agreement”) pursuant to which CDF extended credit in the form of Floorplan Loans (as such terms are defined in the Existing Floorplan Agreement) from time to time in an aggregate principal amount at any time outstanding not in excess of $65,000,000.
More Definitions of Floorplan Agreement
Floorplan Agreement means an agreement, entered into by DFS or the related Approved Affiliate and a Manufacturer pursuant to which such Manufacturer agrees, among other matters, to repurchase from DFS or such Approved Affiliate, as applicable, Products sold by such Manufacturer to any of its Dealers and financed by DFS or such Approved Affiliate under a Wholesale Financing Agreement if DFS or such Approved Affiliate acquires possession of such Products because of a default by such Dealer under such Wholesale Financing Agreement, voluntary surrender or other circumstances.
Floorplan Agreement means an agreement entered into by an originator of the Receivables and a Manufacturer establishing certain terms and conditions for the financing of such Manufacturer’s Dealers by such originator, which may include such Manufacturer’s agreement, among other matters, to repurchase from, or remarket for, the Products of such originator sold by such Manufacturer to any of its Dealers and financed by such originator under a Wholesale Financing Agreement if such originator acquires possession of such Products because of a default by such Dealer under such Wholesale Financing Agreement, whether by repossession, voluntary surrender or other circumstances.
Floorplan Agreement means an agreement entered into by an Originator and a Manufacturer establishing certain terms and conditions for the financing of such Manufacturer's Dealers by such Originator, which may include such Manufacturer's agreement, among other matters, to repurchase from, or remarket for, such Originator Products sold by such Manufacturer to any of its Dealers and financed by such Originator under a Wholesale Financing Agreement if such Originator acquires possession of such Products because of a default by such Dealer under such Wholesale Financing Agreement, whether by repossession, voluntary surrender or other circumstances. Master Indenture
Floorplan Agreement means an agreement, entered into by Seller and a Manufacturer, as amended or modified from time to time, pursuant to which such Manufacturer agrees, among other matters, to repurchase from Seller Products sold by such Manufacturer to any of its Dealers and financed by Seller under a Contract if Seller acquires possession of such Products because of a default by such Dealer under such Contract, voluntary surrender or other circumstances.
Floorplan Agreement means the agreement Green Tree enters into with a Manufacturer providing financing for products for Dealers.
Floorplan Agreement means the Agreement for Wholesale Financing and STAR Agreement (Short Term Accounts Receivable Program) between Xxxxxxx and Deutsche Financial Services Corporation, in the form delivered to the Agent prior to the Effective Date and as the same may be amended, modified or supplemented with the consent of the Agent (it being understood that at any time that the Floorplan Agreement is amended, modified or supplement a copy of the Floorplan Agreement as amended, modified or supplemented thereby shall be delivered to each of the Banks).
Floorplan Agreement appearing in Section 10 of the Credit Agreement is hereby amended by inserting the following parenthetical at the end of such definition: "(it being understood that, at any time that the Floorplan Agreement is amended, modified or supplemented, a copy of the Floorplan Agreement as amended, modified or supplemented thereby shall be delivered to each of the Banks)".