Financing Contract Clause Samples
A Financing Contract clause outlines the terms and conditions under which one party provides funds or credit to another party. It typically specifies the amount financed, repayment schedule, interest rates, and any collateral or security interests involved. This clause ensures both parties understand their financial obligations and rights, helping to prevent disputes and providing a clear framework for managing the financial aspects of the agreement.
Financing Contract. THIS DDA FINANCING CONTRACT (the “Contract”), made and entered into as of , acting for itself and on behalf of the Bondholders (as defined below).
Financing Contract. 16 THIS DEED OF PLEDGE is signed in Basle on December 22, 2005 between: OLIMPIA S.p.A., an Italian company with legal address in ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇, ▇▇▇▇▇, ▇▇▇ Code and registration number at the Milan Business Register 03232190961, company capital 4,630,233,510.00 Euro, fully paid up (the "Pledgor");
Financing Contract. The undersigned:
Financing Contract a contract of the Parties that specifies (establishes) the conditions for obtaining a loan on the transfer of money to the Borrower on the terms of urgency, payment, repayment and collateral (if any): bank loan agreement, application-statement for a bank loan, which is an integral part of the GLA, an application for opening and maintaining a bank current account, issuing and servicing a credit card;
Financing Contract. Where the Parties have agreed to a separate Financing Contract (which is not part of this Contract, and this Contract is not part of the Financing Contract), payment shall be made as monies are advanced under the Financing Contract.
Financing Contract. The contract which represents the financing agreement between the financial institution/lender and customer/borrower for the purchase or lease of the Maximum Eligibility Limit - The Manufacturer’s Suggested Retail Price (MSRP) for new vehicles or the NADA retail value for used vehicles multiplied by the Maximum Eligibility Limit percentage as stated in the Schedule. Net Payoff - The amount of the financial institution/lender’s interest as of the date of loss, as represented by the portion of the customer/borrower’s unpaid balance according Payable Loss - The difference between the net payoff and the greater of: 1) the primary carrier settlement; or 2) 90% of ACV of the covered vehicle on the date of loss. The Primary Carrier - The insurance company that: is selected by the customer/borrower to provide physical damage coverage on the vehicle; or provides liability coverage to Self-financed - A financing contract/loan/lease that is funded and retained by the selling dealer or an affiliate. Territory - This coverage applies only to payable losses sustained while the covered vehicles is: 1. within the United States of America (U.S.), it’s territories or possessions;