Wholesale Account means and include any loan or other extension of credit to a Dealer, whether in connection with the acquisition of NMHG Equipment by the Dealer or otherwise, but shall not include any loan or other extension of credit by the Corporation to any Customer.
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by NFS to either: (i) any Dealer (whether or not owned by NMHG or any of its respective affiliates or subsidiaries), or (ii) NMHG or any of its respective affiliates or subsidiaries secured by NMHG Equipment (whether or not such NMHG Equipment is purchased directly from the proceeds of any such loan or other extension of credit or is kept as inventory for sale or as part of the respective party’s rental fleet), provided, however, that Wholesale Account shall not include any Commercial Equipment Financing nor any Lease Financing to Dealers or NMHG, where such assets are thereafter subleased to Retail Customers.
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by a GE Capital Company to any non-U.S.Dealer for the acquisition of Equipment by the Dealer.
Examples of Wholesale Account in a sentence
Any Wholesale Account who does not enforce these guidelines with their own re-sale customers will be subject to termination of this agreement.
Presentment, protest, demand, and notice of protest, demand and dishonor of any Wholesale Account, and the exercise of possessory, collection or other remedies on any Wholesale Account, are hereby waived.
Statesman represents and warrants to the Cooperative with respect to each such Wholesale Account it sells back to the Cooperative that the net balance paid to it is the net balance owing on such Wholesale Account and that except as disclosed in a writing at the time of such sale, Statesman has not released the obligor thereon of its obligation thereunder, or consented to any reduction in the amount owing thereon or the extension of the due date for any payment or installment thereunder.
Statesman will review the information and determine in its sole and absolute discretion the terms under which the Cooperative may sell to the customer such that Statesman will purchase the resulting Wholesale Account (the "Statesman Approval").
Statesman covenants and agrees that upon receipt of such payment it will promptly transfer and assign such Wholesale Account and all proceeds thereof to the Cooperative.
More Definitions of Wholesale Account
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by HYGFS to either: (i) any Dealer (whether or not owned by Hyster-Yale or any of its respective affiliates or subsidiaries), or (ii) Hyster-Yale or any of its respective affiliates or subsidiaries secured by Hyster-Yale Equipment (whether or not such Hyster-Yale Equipment is purchased directly from the proceeds of any such loan or other extension of credit or is kept as inventory for sale or as part of the respective party’s rental fleet), provided, however , that Wholesale Account shall not include any Commercial Equipment Financing nor any Lease Financing to Dealers or Hyster-Yale, where such assets are thereafter subleased to Retail Customers.
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by a GE Capital Company to either: (i) any non-U.S. Dealer (whether or not owned by any of the NMHG Group or any of their respective affiliates or subsidiaries), or (ii) any of the NMHG Group or any of their respective affiliates or subsidiaries whether secured by Equipment (whether or not such Equipment is purchased directly from the proceeds of any such loan or other extension of credit or is kept as inventory for sale or as part of the respective party's rental fleet) or any other collateral. This Amendment shall become fully effective as of its execution by both GECC and NMHG. Except as modified hereby, the terms and conditions of the Agreement shall remain in full force and effect.
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by NFS to either: (i) any Dealer (whether or not owned by NMHG or any of its respective affiliates or subsidiaries), or (ii) NMHG or any of its respective affiliates or subsidiaries secured by NMHG Equipment (whether or not such NMHG Equipment is purchased directly from the proceeds of any such loan or other extension of credit or is kept as inventory for sale or as part of the respective party’s rental fleet), provided, however , that Wholesale Account shall not include any Commercial Equipment Financing nor any Lease Financing to Dealers or NMHG, where such assets are thereafter subleased to Retail Customers.
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by a GE Capital Company to either: (i) any non-U.S. Dealer (whether or not owned by any of the NMHG Group or any of their respective affiliates or subsidiaries), or (ii) any of the NMHG Group or any of their respective affiliates or subsidiaries secured by Equipment (whether or not such Equipment is purchased directly from the proceeds of any such loan or other extension of credit or is kept as inventory for sale or as part of the respective party's rental fleet).
Wholesale Account means each Account which is not a Retail Account.
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by a GE Capital Company to any non-U.S. Dealer secured by Equipment (whether or not such Equipment s purchased by the proceeds thereof or is kept as inventory for sale or as part of the respective Dealer's rental fleet).
2. The following shall be added after the last sentence in Section 2.1: Notwithstanding any provision to the contrary herein, solely with respect to any Customer whose principal residence is in Canada, until the earlier of (i) the termination of the Third Amended and Restated Operating Agreement between Hyster Company and Hyster Credit Corporation dated as of November 21, 1985, as amended and restated as of December 19, 1985 (the "HCC Agreement") or (ii) December 20, 2000, NMHG shall only be required to fulfill its obligations under this Section 2.1 to the extent that such compliance would not, in NMHG's reasonable opinion, violate the terms of the HCC Agreement.
3. The following shall be added after the last sentence in Section 3.1: Notwithstanding any provision to the contrary herein, solely with respect to any Dealer whose principal residence is in Canada, until the earlier of (i) the termination of the Third Amended and Restated Operating Agreement between Hyster Company and Hyster Credit Corporation dated as of November 21, 1985, as amended and restated as of December 19, 1985 (the "HCC Agreement") or (ii) December 20, 2000, NMHG shall only be required to fulfill its obligations under this Section 2.1 to the extent that such compliance would not, in NMHG's reasonable opinion, violate the terms of the HCC Agreement.
4. The third sentence of Section 6.3 shall be deleted in its entirety and the following shall be substituted in its stead: Each of the NMHG Group will endeavor not to solicit, or enter into, any Retail or Wholesale Account (or enter into any partnership, joint venture or other arrangement with any other party to provide any of the foregoing) for Equipment, except that any of the NMHG Group may make equity investments in, or general loans and other extensions of credit to or for the benefit of, Dealers from time to time which may be secured by general liens on inventory, receivables, equipment and other assets of the Dealer, and except that NMHG may fulfill all of its obligations under the HCC Agreement so long as the HCC Agreement shall be effective, but not beyond December 19, 2000. This Agreement shall become fully effective as of its execution by ...
Wholesale Account means and include any loan or other extension of credit, now or hereafter, by HYGFS to either: (i) any Dealer (whether or not owned by Hyster-Yale or any of its respective affiliates or subsidiaries), or (ii) Hyster-Yale or any of its respective affiliates or subsidiaries secured by Hyster-Yale Equipment (whether or not such Hyster-Yale Equipment is purchased directly from the proceeds of any such loan or other extension of credit or is kept as inventory for sale or as part of the respective party’s rental fleet), provided, however, that Wholesale Account shall not include any Commercial Equipment Financing nor any Lease Financing to Dealers or Hyster-Yale, where such assets are thereafter subleased to Retail Customers.