Loaner vehicle definition

Loaner vehicle means a motor vehicle owned by a dealer which is withdrawn

Loaner vehicle means a vehicle of any potential make, model or year, provided pursuant to the Frame Inspection and Replacement Program.

Loaner vehicle means any vehicle which is provided to you by any person engaged in the business of selling, repairing, or servicing motor vehicles for your temporary use as a replacement vehicle while a covered vehicle, only as defined in 4(a) through 4(c) of these Definitions, is being serviced or repaired. Loaner vehicle shall also mean any vehicle which is provided to you by any person engaged in the business of selling, repairing, or servicing motor vehicles for the purpose of allowing you to demonstrate or test drive the vehicle. The loaner vehicle shall have the same coverage as the vehicle being serviced or repaired.

Examples of Loaner vehicle in a sentence

• Toyota shall arrange a complimentary Loaner Vehicle (upon proof of adequate insurance) if the vehicle is required by the Toyota dealer to remain at the dealership at least overnight pursuant to the Frame Inspection and Replacement Program, for up to seven (7) days, absent exceptional circumstances, to eligible Class Members whose Subject Vehicles are undergoing frame replacement pursuant to the terms of this Settlement Agreement.

• All registrations, license plates and any other or additional such plates, permits or licenses, or any similar requirements of any governmental authority for any Loaner Vehicle are required to be obtained in the name of LeasePlan USA.

• Dealer further agrees not to permit the use of the Loaner Vehicle for any other purpose during such period.

• Insurance for each Loaner Vehicle is in place which provides protection for the Dealer, AoA and Lease Plan USA against certain risks of loss.

• Dealer agrees to properly complete a Loaner/Rental Agreement for each transaction, including verifying a current valid drivers license and proof of insurance for each service customer using a Loaner Vehicle.

More Definitions of Loaner vehicle

Loaner vehicle means a passenger car loaned to a

Loaner vehicle means a motor vehicle owned by a dealer which is withdrawn temporarily from dealer inventory for exclusive use as a courtesy vehicle loaned at no charge for a period not to exceed 30 days within a calendar year 366 day period to any one customer whose motor vehicle is being serviced by such dealer.

Loaner vehicle means a New Vehicle or Used Vehicle that is designated by a Loan Party with the consent of the Administrative Agent to be used as a Vehicle to be loaned or rented to a Loan Party’s customers who have a Vehicle at the Loan Party’s place of business for service or repair or who otherwise have a need for an additional or substitute Vehicle.

Loaner vehicle means a motor vehicle owned by a dealer which is withdrawn temporarily from dealer inventory for exclusive use as a courtesy vehicle loaned at no

Loaner vehicle means a New Motor Vehicle owned by Borrower which has been designated by Borrower in the Borrower's loaner program.

Loaner vehicle means a motor car which is a private motor car, a motor taxi or a commercial vehicle which —

Loaner vehicle means an auto provided to an insured by a person engaged in the business of selling motor vehicles for the purpose of allowing that insured to test drive the vehicle.