The statute also says the definition "includes a security agreement, chattel mortgage, conditional sales contract
, or other similar instrument.
For example, pursuant to a conditional sales contract
the recipient may receive actual or constructive delivery of the TPP outside of Canada, even though the transfer of title only occurs at a much later date in Canada, after another condition under the contract is fulfilled.
Another example involves an entrepreneur who entered into a financial agreement to buy conditional sales contracts
from a company that specialized in food delivery.
CoreISSUE is designed to handle the complex needs of modern credit card issuers and handles all types of finance programs from simple "net 10" terms, conditional sales contracts, nominal option leases and all revolving credit programs.
This paper examines how companies can offer repayment programs that satisfy the needs of the market from extended term payments including revolving credit to being able to offer conditional sales contracts and nominal option leases.
The Company has executed conditional sales contracts
for sale of the properties it received in connection with two of these credit relationships.
Newcourt originates the financing of a broad range of equipment and capital assets by way of secured loans, conditional sales contracts
and financial leases.
Through its North American and European network of 27 offices, the Company specializes in financing a broad range of equipment and capital assets through secured loans, conditional sales contracts
is an originator and servicer of conditional sales contracts
for manufactured homes, home improvements, and consumer and commercial products.