Vehicle Inventory definition

Vehicle Inventory means Inventory consisting of trucks, trailers, semi-trailers, tractors, vans, cars, pick-up trucks, other vehicles, chassis and glider kits, wherever located, together with all attachments, accessories, exchanges and additions to (including replacement parts installed in or repairs to) any such Inventory.
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Vehicle Inventory has the meaning given to it in clause 6.6;
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Vehicle Inventory has the meaning assigned thereto in the Recitals of this Agreement.
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Examples of Vehicle Inventory in a sentence

  • No Grantor shall, other than in the ordinary course of business in connection with its sale, lease, license or other permitted Disposition, or as set forth in Section 6.13 of both Credit Agreements, remove any Vehicle Inventory from such locations.

  • Repossessed Vehicle Inventory vehicles * Included with Delinquencies Above for the Collection Period [x] through [x] for Payment Date of [x] I hereby certify to the best of my knowledge that the report provided is true and correct.

  • FRANCHISEE is required to submit its Commercial Solid Waste Vehicle Inventory Form annually as part of its FRANCHISEE Application for COUNTY Franchise.

  • FRANCHISEE shall submit a Commercial Solid Waste Vehicle Inventory Form of FRANCHISEE’s vehicles, as required in SCC section 6.20.245, which shall include but not be limited to, vehicle number, year, make, model, capacity, and vehicle identification number (VIN).

  • The Agency will follow the Department’s Transit Vehicle Inventory Management Procedure (725-030-025), which outlines the requirements for continuing management control, inventory transfer and disposal actions.

  • FRANCHISEE’S Commercial Solid Waste Vehicle Inventory Form shall be approved by the COUNTY.

  • FRANCHISEE shall maintain a current list of its vehicles and shall submit to COUNTY Director an amended FRANCHISEE Commercial Solid Waste Vehicle Inventory Form, upon request of COUNTY, if such changes occur throughout the term of the Agreement, as required in SCC section 6.20.255, prior to commencing the provision of services under this Agreement.

  • No Grantor shall, other than in the ordinary course of business in connection with its sale, lease, license or other permitted Disposition, or as set forth in Section 6.13 of the Credit Agreement, remove any Vehicle Inventory from such locations.

  • Dealer Financing and Services: • Vehicle Inventory Financing (New and Used); • Capital Loans; • Equipment Loans; • Real Estate Loans; • Dealer insurance products and services, subject to [***]; • Remarketing (including GMAC SmartAuction and other auction services); and • Electronic cash and drafting settlement systems Retail Financing: • Consumer Retail Financing; • Commercial Retail Financing; and • Fleet Financing (Commercial Finance).

  • Repossessed Vehicle Inventory vehicles * Included with Delinquencies Above SELLER [To be included on the Servicer's Certificate for the first Collection Period only: On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2 Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate.] SELLER I hereby certify to the best of my knowledge that the report provided is true and correct.


More Definitions of Vehicle Inventory

Vehicle Inventory means and includes Dealerships vehicle inventory, including all related Vehicle Data, collected by InfoRide from Dealership’s website or other website as directed by Dealership.
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Vehicle Inventory means new, previously untitled ___________ automobiles, manufactured or sold by _________________________ and held for sale, lease or rent or being processed for sale, lease or rent in Borrower's business, as now or hereafter conducted, together with all increases, parts, fittings, radios, accessories and special tools now or hereafter affixed to any or any part thereof and all replacements of all or any part thereof.
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Vehicle Inventory shall have the meaning set forth in Section 6.27.
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Related to Vehicle Inventory

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Eligible Inventory means and include Inventory, excluding work in process, with respect to each Borrower, valued at the lower of cost or market value, determined on a first-in, first-out basis, which is not obsolete, slow moving or unmerchantable as determined by Agent in its Permitted Discretion and which Inventory, based on such considerations as Agent may from time to time deem appropriate in its Permitted Discretion including whether the Inventory is subject to a perfected, first priority security interest in favor of Agent and no other Lien (other than a Permitted Encumbrance). Notwithstanding anything herein to the contrary, no Inventory shall be Eligible Inventory to the extent such Inventory was acquired by a Borrower pursuant to an entity creation under Section 7.12 or a Permitted Acquisition, unless Agent has (i) completed field examinations with respect to such Inventory, the results of which are satisfactory in form and substance to Agent in its Permitted Discretion or (ii) waived such restriction in its Permitted Discretion. In addition, Inventory shall not be Eligible Inventory if it: (a) does not conform in all material respects to all standards imposed by any Governmental Body which has regulatory authority over such goods or the use or sale thereof; (b) is in transit (other than between one or more locations where Borrowers are permitted hereunder to maintain or store Inventory and such location is the subject of a Lien Waiver Agreement or a Processor’s Agreement, as applicable, unless such location is owned by Borrower); (c) is located outside the continental United States or at a location that is not otherwise in compliance with this Agreement; (d) constitutes Consigned Inventory (other than Consigned Inventory that is subject to a warehouseman’s waiver in form and substance satisfactory to Agent); (e) is the subject of an Intellectual Property Claim; (f) is subject to a License Agreement that limits, conditions or restricts the applicable Borrower’s or Agent’s right to sell or otherwise dispose of such Inventory, unless Agent is a party to a Licensor/Agent Agreement with the Licensor under such License Agreement (or Agent shall agree otherwise in its Permitted Discretion after establishing reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion); (g) at any time following seventy-five (75) days after the Closing Date (or such later date agreed to by Agent), is situated at a location not owned by a Borrower unless the owner or occupier of such location has executed in favor of Agent a Lien Waiver Agreement or a Processor’s Agreement, as applicable (or Agent shall have established reserves against the Formula Amount with respect thereto as Agent shall deem appropriate in its Permitted Discretion in an amount not to exceed the equivalent of three (3) months’ rental obligation with respect to such location); or (h) if the sale of such Inventory would result in the creation of a Receivable which, on the date of such sale, would fail to constitute an Eligible Receivable due to the operation of any of clauses (b), (c) or (e) – (p) of such definition.

  • Obsolete Inventory means items that have expired, are redundant or damaged;

  • Excluded Inventory has the meaning set forth in Section 2.2(b).