How is Auto Contract defined in a legal contract?
- Auto Contract means a debt agreement or contract linked with an Auto Loan and any alterations to this agreement, signed by the debtor.
Seen in 6 SEC filings. - Auto Contract means any evidence of debt or agreement related to an Auto Loan, signed by a borrower or lessee, including any subsequent amendments to this agreement.
Seen in 1 SEC filing. - Auto Contract means any current or future written consumer car installment sales contract owned by the borrower or its subsidiaries indicating an installment sale of a used car to a debtor, in the ordinary course of business and included in the borrower’s and its subsidiaries’ records as part of their ““Automobile Finance Portfolio”” in line with their prior practices.
Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of auto contract’ yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Auto Contract means a debt agreement related to an Auto Loan, signed by a debtor, possibly amended later.
Relevant Contract Types
Relevant Circumstances
- Purchase of a new or used vehicle through financing
- Leasing a vehicle
Relevant Sectors
Genie Definition 2
- Auto Contract means ownership evidence of an used car installment sales contract, identified in business records.
Relevant Contract Types
Relevant Circumstances
- Sale of a used vehicle
- Transfer of ownership in an installment sales scenario
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Auto Contract means a debt agreement related to an Auto Loan, signed by a debtor, possibly amended later