Purchased Vehicle definition

Purchased Vehicle means a vehicle to which an Auto Loan Receivable relates.
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Purchased Vehicle means a vehicle to which an Auto Loan Receivable relates. “Preliminary Initial Cut-off Date” means [November 10, 2022].
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Purchased Vehicle means a Leased Vehicle purchased by the Issuer from the Seller pursuant to a Purchase Contract, to the extent not retransferred, transferred or otherwise disposed of by or on behalf of the Issuer, including following a termination of the relevant Purchase Contract as contemplated by the Master Purchase Agreement.
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Examples of Purchased Vehicle in a sentence

  • The Agent agrees to retain any and all communications, notes and documents in connection with the purchase and sale of the Purchased Vehicle for a period of up to six (6) years after the purchase has been completed.

  • Incorporation of an SOE Purchased Vehicle by the Supervisor of Elections into the Vehicle Replacement Program does not include the costs of fuel; damages caused by an accident; damages caused by neglect of the motor vehicle; damages caused by misuse of the motor vehicle; damages caused by unapproved alterations of the motor vehicle; or insurance coverage.

  • Upon receipt of the balance of the Estimated Purchase Price, the Agent shall forthwith acquire the Purchased Vehicle on the Buyer’s behalf.

  • The Supervisor of Elections will be charged the costs to repair any SOE Purchased Vehicle incorporated into the Vehicle Replacement Program.

  • Any PA Purchased Vehicle that Fleet Management agrees to incorporate into the Vehicle Replacement Program shall be added to the Program in the next full fiscal year after the motor vehicle was purchased.

  • Services required to make the Purchased Vehicle complaint may take several weeks depending on local parts availability.

  • If a PA Purchased Vehicle is removed from the Vehicle Replacement Program for any reason that results in funds, such as insurance proceeds or non-auction sale, any funds associated with the removed vehicle shall be distributed over all other motor vehicles that the Property Appraiser has in Vehicle Replacement Plan at the time of removal to reduce any future VRP annual costs attributed to the remaining motor vehicles.

  • At the time of delivery, the Agent shall provide to the Buyer the Purchased Vehicle in a clean condition (interior, exterior and engine bay).

  • The Agent shall forthwith notify the Buyer in writing (hereinafter “Notice of Successful Acquisition”) when the Purchased Vehicle has been successfully acquired on the Buyer’s behalf.

  • In order to incorporate the motor vehicle into the Vehicle Replacement Program, Fleet Management and the Supervisor of Elections shall conduct a fixed asset transfer removing the SOE Purchased Vehicle from the Supervisor of Elections fixed asset inventory and adding it to Fleet Management’s Vehicle Replacement Program fixed asset inventory.


More Definitions of Purchased Vehicle

Purchased Vehicle means a vehicle which is acquired by GAC for resale, other than a Repossessed Vehicle or a Trade-In Vehicle.
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Related to Purchased Vehicle

  • 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.

  • Used vehicle means a Vehicle other than a New Vehicle.

  • Covered Vehicle means a private passenger vehicle (including mini-vans, pickup trucks and sport utility vehicles) which is registered or rented to You during Your Trip, which is rated ¾ ton in weight or less, not used for racing, dealer services, dealer loaners, taxi, limousine, shuttle, delivery, hauling, towing, road repair service, construction service, snow removal, or as a public livery vehicle, or any other commercial use.

  • Nonroad Vehicle means a vehicle that is powered by a Nonroad Engine, fifty horsepower and greater, and that is not a Motor Vehicle or a vehicle used solely for competition, which shall include, but not be limited to, excavators, backhoes, cranes, compressors, generators, bulldozers and similar equipment, except that this term shall not apply to horticultural maintenance vehicles used for landscaping purposes that are powered by a Nonroad Engine of sixty-five horsepower or less and that are not used in any construction program or project.

  • off-road vehicle means any vehicle while it is being operated on a road not maintained by a federal, provincial, state, or local agency, not including entrance or departure ways to private property, or any vehicle which cannot be licensed to drive on a public road and is designed and manufactured primarily for off-road usage.