used goods definition

used goods means any inanimate goods (including vehicles but excluding animals) which were previously owned;
used goods means any item of personal property offered for sale not as new, including metals in any form except coins that are legal tender, but excluding books, magazines and postage stamps.
used goods means Goods which are not new including demonstration equipment, former Hire equipment and other pre- owned equipment.

Examples of used goods in a sentence

  • For advances for New Goods, your interest rate is equal to the Commercial Base Rate index rate (the “Index”) plus 50 basis points and for advances for Used Goods, your interest rate is equal to the Index plus N/A basis points.

  • For advances for New Goods, your interest rate is equal to the Commercial Base Rate index rate (the “Index”) plus ***** basis points; and for advances for Used Goods, your interest rate is equal to the N/A index rate (the “Index”) N/A basis points.

  • Contract shall mean a binding contract between International and an Obligor including any and all instruments, agreements, invoices or other writings which gives rise to or evidences indebtedness for the purchase of one or more New International Trucks or Used Goods or related services from International (but excluding (i) any dealer note or other "floorplan" financing and (ii) any retail installment sale contract, retail note, lease, or other secured, intermediate term indebtedness).

  • On each Business Day ITEC agrees to offer to sell to NFC, to endorse or otherwise assign to NFC, without recourse, except as provided herein, and to deliver to NFC all Retail Contracts, Leases and Wholesale Contracts acquired in the regular course of ITEC’s business on terms which will afford reasonable compensation for the financing services rendered by NFC to ITEC and Dealers in respect of the sale of New International Products, New Goods or Used Goods.

  • As to a terminated Dealer’s Used Goods NFC will accept responsibility for all losses incurred in liquidating such Used Goods unless the related Dealer obtained any of such Used Goods from the Used Truck Organization under terms where ITEC assumes certain liabilities to NFC, in which case ITEC shall honor those obligations.


More Definitions of used goods

used goods means all items of tangible personal property except:
used goods means any goods that have been put to use by a person prior to the sale to the Purchaser.
used goods means products that have been previously supplied to and used by a consumer;
used goods means any inanimate goods (including vehicles but excluding animals) which were previously owned;[definition of “used goods” amended by Act 34 of 2000 and Act 2 of 2007; not all of the changes are indicated by amendment markings]
used goods means surplus household furnishings or other used, personal goods, clothing and similar personal belongings that are owned by or have been donated to the seller. The term specifically excludes new furnishings, new merchandise or new goods that are being sold at retail or wholesale.
used goods means surplus household furnishings or other used, personal goods, clothing and similar personal belongings that are owned by or have been donated to the
used goods means products that have been previously supplied to and usedby a consumer;