Floorplan Loan definition

Floorplan Loan means any New Vehicle Floorplan Loan or any Used Vehicle Floorplan Loan.
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Floorplan Loan has the meaning specified for the term “Loan” in the Floorplan Credit Agreement.
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Floorplan Loan means a Loan made pursuant to Section 2.26(b).
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Examples of Floorplan Loan in a sentence

  • Payments required to be made by any New Vehicle Borrower as set forth in Section 2.15(b)(iii) shall be applied first to the outstanding principal balance and then to accrued interest on the New Vehicle Floorplan Loan with respect to the applicable New Vehicle, and then in the order set forth in the sentence above.


More Definitions of Floorplan Loan

Floorplan Loan means MH Paper which satisfies the Floorplan Loan Eligibility Requirements. A Floorplan Loan is made to finance a Dealer's inventory of Manufactured Homes, in whole or in part.
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Floorplan Loan has the meaning ascribed thereto in Section 2.01(b).
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Floorplan Loan means any New Vehicle Floorplan Loan or any Used Vehicle Floorplan Loan. “Floorplan On-line System” has the meaning set forth in Section 2.10.
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Floorplan Loan means any Lender’s Pro-Rata Share of the Aggregate Floorplan Loans.
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Related to Floorplan Loan

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).