Service Loaners definition

Service Loaners means motor vehicles owned by the Company, located on the Dealership Premises on the Closing Date, and provided by the Company to customers while their vehicles are being serviced by the Company. Service Loaners shall include motor vehicles that are current in status as well as vehicles that have been retired from such status.
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Service Loaners means all titled service loaner vehicles in a Dealership Company’s inventory on the Closing Date, or those service loaner vehicles leased by the Dealership Company from the applicable Manufacturer.
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Service Loaners means Chevrolet, Cadillac, Buick, or GMC motor vehicles owned by the Seller, located on the Dealership Premises on the Closing Date, and provided by the Seller to customers while the Seller is servicing their vehicles. Service Loaners shall include motor vehicles that are current in status as well as vehicles that have been retired from such status.
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Examples of Service Loaners in a sentence

  • The owned Service Loaners with the Value of each owned Service Loaner equal to the Value of a New Vehicle less the applicable Manufacturer recommended depreciation method and schedule.

  • The purchase price for the Operating Assets is the aggregate of the Values of: (i) the Blue Sky, (ii) the Fixed Assets, (iii) the New Vehicles, (iv) the Other Vehicles, (v) Work-in-Process, (vi) the OEM Parts and Accessories, (vii) the Other Parts and Accessories, (viii) the Miscellaneous Supplies, and (ix) the Service Loaners, all subject to the prorations and adjustments set forth in this Agreement (collectively, the “Operations Purchase Price”).

  • The purchase price for the Operating Assets is the aggregate of the Values of: (i) the Blue Sky, (ii) the Fixed Assets, (iii) the New Vehicles, (iv) the Other Vehicles, (v) Work-in-Process, (vi) the OEM Parts and Accessories, (vii) the Other Parts and Accessories, (viii) the Miscellaneous Supplies, and (ix) the Service Loaners, all subject to the prorations and adjustments set forth in this Agreement (including Section 9.03, if applicable) (collectively, the “Operations Purchase Price”).

  • Service Loaners - If we cannot repair your Printer in your office we will provide a free loaner (including service/supplies) until your Printer is repaired.