Floorplan Approved Vendor definition

Floorplan Approved Vendor means Cisco Systems, Inc. and any other vendor approved by the Floorplan Funding Agent in its sole discretion.
Floorplan Approved Vendor means as of the Closing Date, Cisco and Dell Inc., and thereafter, any vendor approved by the Floorplan Funding Agent in its sole discretion and for which no Floorplan Vendor Termination has occurred.

Examples of Floorplan Approved Vendor in a sentence

  • The proceeds of each Floorplan Loan will be retained by the Floorplan Funding Agent and the Floorplan Funding Agent will be directly responsible for paying the related Floorplan Approved Invoice (it being understood that the terms of such payment will be negotiated between the Floorplan Funding Agent and the applicable Floorplan Approved Vendor).

  • The unpaid principal balance of each Floorplan Loan shall be payable in full on the earlier of (i) such date that such Floorplan Approved Invoice is due pursuant to the terms of the floorplan program then made available to the Borrower by the applicable Floorplan Approved Vendor and (ii) the Maturity Date (the earlier of such dates, a “Floorplan Due Date”).

  • Such request from a Floorplan Approved Vendor (with respect to Borrowers or their Restricted Subsidiaries) to Floorplan Funding Agent to finance Inventory will be deemed to be a request from Borrowers for a Floorplan Obligation.

  • If a Floorplan Approved Vendor Agreement is terminated by a Floorplan Approved Vendor, Floorplan Funding Agent agrees to provide written notice to Borrowers and the Lenders of such termination within one Business Day of Floorplan Funding Agent’s receipt of such termination notice from the Floorplan Approved Vendor, and Borrowers agree that such notice so delivered is reasonable and sufficient.

  • Funding Agent’s discretion as to whether to issue any Floorplan Approval for any Floorplan Obligation, upon termination of a Floorplan Approved Vendor Agreement, or upon a material adverse change with respect to a Floorplan Approved Vendor Agreement, Floorplan Funding Agent, may, in its sole discretion, cease to issue Floorplan Approvals with respect to such Floorplan Approved Vendor (each, a “Floorplan Vendor Termination”).

Related to Floorplan Approved Vendor

  • Approved Vendor means a person who has been approved for inclusion on an

  • Approved Vendor List means a list of approved vendors established under Section 63G-6a-507.

  • Approved Contractor means an “Approved Contractor” specified in the Key Details.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Approved List means Securities followed by the Global Fundamental Research Group and tracked on the Approved List. Securities may be added, removed, or undergo periodic ratings changes.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Data Supplier means a third party supplier of Market Data.

  • CPC means the Central Products Classification as set out in Statistical Office of the United Nations, Statistical Papers, Series M, N° 77, CPC prov, 1991; and

  • CAISO-Approved Meter means a CAISO approved revenue quality meter or meters, CAISO approved data processing gateway or remote intelligence gateway, telemetering equipment and data acquisition services sufficient for monitoring, recording and reporting, in real time, all electric energy produced by the Generating Facility less Station Use.

  • Submitted Order has the meaning specified in Section 11.10(d)(i) below.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • CMSA Loan Periodic Update File means the monthly report substantially in the form of, and containing the information called for in, the downloadable form of the "Loan Periodic Update File" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • fuel supplier means an entity supplying fuel to the market that is responsible for passing fuel through an excise duty point or, in the case of electricity or where no excise is due or where duly justified, any other relevant entity designated by a Member State;

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Approved Device means a device described in Subsection 20A-21-201(4) used to

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Licensed facility means a facility licensed by the department under section 137 or an adult foster care facility.

  • Other Supplier means any supplier to the Customer (other than the Supplier) which is notified to the Supplier from time to time and/or of which the Supplier should have been aware;