Liquidated Vehicle definition

Liquidated Vehicle means the 2016-A Vehicle related to a Liquidated Lease.
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Liquidated Vehicle means the Leased Vehicle(s) related to a Defaulted Lease or a Liquidated Lease.
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Liquidated Vehicle means the 20[•]-[•] Vehicle related to a Liquidated Lease.
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Examples of Liquidated Vehicle in a sentence

  • Subject to Section 6.05(b) and any applicable Servicing Supplement, the Servicer shall use commercially reasonable efforts to sell or otherwise dispose of any Matured Vehicle not purchased by the Lessee or a Dealer and to repossess or recover and sell or otherwise dispose of any Liquidated Vehicle.


More Definitions of Liquidated Vehicle

Liquidated Vehicle means the 2019-B Vehicle related to a Liquidated Lease.
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Liquidated Vehicle a Motor Vehicle that was previously a Financed Vehicle subject to a Contract but which has been sold following a repossession thereof by or on behalf of a Person included within the definition of DTCG and the proceeds of such liquidation have been distributed to the applicable party entitled thereto, including, without limitation, those lenders that are party to the Warehouse Facility documents.
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Related to Liquidated Vehicle

  • Matured Vehicle as of any date means any Leased Vehicle the related Lease of which has reached its Maturity Date or has been terminated in connection with a Lessee Initiated Early Termination (and the Lessee is not in default under such Lease) or in connection with a Casualty Termination, which Leased Vehicle has been returned to the Servicer on behalf of the Titling Trust, if applicable.

  • Leased Vehicle means a new or used Nissan or Infiniti automobile, sport utility vehicle, minivan or light-duty truck, together with all accessories, parts and additions constituting a part thereof, and all accessions thereto, leased to a Lessee pursuant to a Lease.

  • Liquidated Lease means a Defaulted Lease that is terminated and charged off by the Servicer prior to its Maturity Date.