Purpose of the Facility. 4.1 Subject to the terms and conditions herein contained and in particular to those of Clause 3, the Facility will be made available to the Borrower for the purchase by the Borrower of Motor Vehicles which must be free from encumbrances.
Appears in 4 contracts
Sources: Revolving Floor Stock Facility Agreement, Revolving Floor Stock Facility Agreement, Revolving Floor Stock Facility Agreement