Floorplan Fee definition

Floorplan Fee. The Floorplan Fee shall be:
Floorplan Fee. The Floorplan Fee for each Salvage Vehicle shall be assessed each Period as follows: $ for advances up to $ , $ for advances between $ to $ , $ for advances between $ to $ , $ for advances greater than $ .
Floorplan Fee. The Floorplan Fee shall be: Interest: Interest shall accrue on the Obligations at a variable rate (based on a 360 day year), adjusted each business day, equal to the prime rate then charged by the Canadian Imperial Bank of Commerce (the “Prime Rate”) plus: Number of Curtailment Date Extensions: The Number of Curtailment Date Extensions shall be limited to: Period: The Period shall be: Executed by the undersigned duly authorized representatives effective as of the . KNOW ALL BY THESE PRESENTS: In accordance with the Demand Promissory Note and Security Agreement between Automotive Finance Canada Inc. (“AFC”) and (“Dealer”), to which reference is made for the meaning of all capitalized terms used herein, an irrevocable power of attorney, coupled with an interest, is hereby conferred by the Dealer upon AFC, an Ontario corporation, the principal office address in the United States listed on the web site currently located at URL xxx.XXXXXXXXX.xxx or a successor thereto or such other place as AFC may designate:

Examples of Floorplan Fee in a sentence

  • Patients enrolled in this study have either been treated with standard therapies which provide substantial beneficial or are ineligible for or refusing such therapies.

  • Notwithstanding the foregoing or any provision in the Term Sheet to the contrary, LENDER reserves the right to charge a Floorplan Fee in a higher amount as a condition to making an Advance if, in its sole discretion, LENDER determines that the circumstances so warrant.

  • Upon the processing of the Curtailment for a Floorplan Advance, Borrower shall pay the accrued Interest, accrued Floorplan Fee, any other accrued Floorplan Advance related fees, and a principal reduction of such Floorplan Advance, in each case pursuant to this Note, the applicable Advance Schedule, and any applicable event sale or promotional terms in effect for such Floorplan Advance.

  • Without limiting the foregoing, the Management Committee shall review the “Wholegoods Free Floorplan Fee Rate Matrix” (as defined in the Program Letter) when required by the terms of the Program Letter.

  • Deadline for Advance Rate)Standard LocationSubtotal Taxes & Fees Multiplied by 14.5% of Subtotal Late Floorplan Fee (received after 12/8/23) The Expo Group Service Convenience Fee (15% of order or $39.00 minimum)TOTAL $300.00 Exhibiting Company:Booth Number: Print Name:Date: Email Address:Phone Number: McCormick Place WestChicago, IL 60616December, 20-23, 2023Internet Service LocationDiscount Deadline:November 20, 2023 Return this information sheet with the Internet Service order form.

  • Notwithstanding anything to the contrary herein, RAC shall pay AFC the Floorplan Fee for at least Periods (“Minimum Periods”), regardless of whether such item of Purchase Money Inventory has been paid in full or disposed of by RAC before those Periods have expired (“Additional Payment”).


More Definitions of Floorplan Fee

Floorplan Fee means the fee charged by Lender to Borrower, as set forth on the applicable Advance Schedule, for each Unit of Lender Financed Inventory for each Period, including any Extensions thereof.
Floorplan Fee means the fee charged by DSC to Dealer set forth on the Term Sheet for each individual item of DSC-Financed Inventory. Additionally, in the event no Term Sheet is executed and effective, then the Floorplan Fee shall be equal to One Hundred Fifty Dollars ($150.00).
Floorplan Fee. The Floorplan Fee shall be: Interest: Interest shall accrue on the Obligations at a variable rate (based on a 360 day year), adjusted each business day, equal to the prime rate then charged by the Canadian Imperial Bank of Commerce (the “Prime Rate”) plus: Number of Curtailment Date Extensions: The Number of Curtailment Date Extensions shall be limited to: Period: The Period shall be: Executed by the undersigned duly authorized representatives effective as of the . Dealer: , Dealer #: Contract #: Branch #: The following terms, as defined in the Demand Promissory Note and Security Agreement, shall apply effective immediately:
Floorplan Fee. The Floorplan Fee shall be: Interest: Interest shall accrue on the Obligations at a variable rate (based on a 360 day year), adjusted each business day, equal to the prime rate then charged by the Canadian Imperial Bank of Commerce (the “Prime Rate”) plus: Number of Curtailment Date Extensions: The Number of Curtailment Date Extensions shall be limited to: Period: The Period shall be: Executed by the undersigned duly authorized representatives effective as of the . Dealer:
Floorplan Fee. The Floorplan Fee shall be . Notwithstanding anything to the contrary herein, RAC shall pay AFC the Floorplan Fee for at least Periods (“Minimum Periods”), regardless of whether such item of Purchase Money Inventory has been paid in full or disposed of by RAC before those Periods have expired (“Additional Payment”). If an item of Purchase Money Inventory has been sold or paid in full before the end of the Minimum Periods, this Additional Payment shall be considered part of the Purchase Money Inventory Obligation for that item of Inventory and shall be paid when the remaining Purchase Money Inventory Obligations for that item of Inventory are due.
Floorplan Fee. The Floorplan Fee shall be: [***] In addition, for each extension of the Curtailment Date, the Floorplan Fee shall be [***]. Purchases of vehicles with a purchase price over [***] will be charged a Highline Fee of [***] of the principal amount advanced for that vehicle instead of the Floorplan Fee for the initial Period. The Floorplan Fee will be charged for any additional Period.

Related to Floorplan Fee

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Program Fee is defined in the Fee Letter.

  • Loan Origination Fee means the fee charged by the

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Funding Fee has the meaning set forth in Section 2.04(b).

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Origination Fees means the fee payable to the Advisor pursuant to Section 8.02 plus all other fees and commissions, excluding Acquisition Expenses, paid by any Person to any Person in connection with making or investing in any Loan by the Company.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Credit Card Advance Rate means 90%.

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Amount Financed means, with respect to a Receivable, the aggregate amount advanced under such Receivable toward the purchase price of the Financed Vehicle and any related costs, including amounts advanced in respect of accessories, insurance premiums, service contracts, car club and warranty contracts, other items customarily financed as part of motor vehicle retail installment sale contracts or promissory notes, and related costs.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, first mortgage broker or originator required to be licensed or registered pursuant to sections 36a-485 to 36a-498a, inclusive, as amended by this act, prior to the closing of a first mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;

  • Administration Fee means the fee payable to the Administrator pursuant to Section 3 of the Administration Agreement.

  • Facility Fees has the meaning provided in Section 2.11(a).

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).