Vehicle definition
Examples of Vehicle in a sentence
As of the Cut-Off Date, no Financed Vehicle shall have been repossessed.
The Receivable requires the Obligor thereunder to insure the Financed Vehicle under a physical damage insurance policy.
The Sponsor has, or the Servicer has started procedures that will result in the Sponsor having, a perfected, first priority security interest in the Financed Vehicle, which security interest was validly created and is assignable by the Sponsor to the Depositor.
The Receivable was originated by a Dealer in the United States under United States law for the retail sale of a Financed Vehicle in the ordinary course of the Dealer's business.
As of the Cutoff Date, neither the Sponsor's receivables systems nor the Receivable File indicate that the Receivable was satisfied, subordinated or rescinded, or that the Financed Vehicle was released from the Lien created under the Receivable.