Ally Bank definition

Ally Bank. The meaning specified in the Preamble.
Sample 1Sample 2Sample 3
Ally Bank means Ally Bank, a Utah chartered bank, and its permitted successors and assigns.
Sample 1Sample 2Sample 3
Ally Bank means, collectively, (i) IB Finance Holding Company, (ii) Ally Bank, formerly known as GMAC Bank and (iii) any successor thereto.
Sample 1Sample 2

Examples of Ally Bank in a sentence

  • A Receivable that was or will be acquired or originated by Ally Bank or its Affiliates under special incentive rate financing programs.

  • The seller of automobiles or light trucks that originated one or more of the Receivables and assigned the respective Receivable, directly or indirectly, to Ally Bank under an existing agreement between such seller and Ally Bank.

  • Dealer Agreement: An existing agreement between Ally Bank or one of its Affiliates and a Dealer with respect to a Receivable.

  • A Receivable that was or will be acquired or originated by Ally Bank or its Affiliates that is not a Subvented Receivable.

  • Certain capitalized terms used but not otherwise defined in this Indenture Supplement shall have the respective meanings assigned to them in Part I of the Appendix A to the Trust Sale and Servicing Agreement, dated as of February 12, 2010 (the “Trust Sale and Servicing Agreement”), among Ally Master Owner Trust, Ally Wholesale Enterprises LLC, Ally Bank, and Ally Financial Inc.

  • The Notes initially retained by the Depositor or a majority-owned affiliate of Ally Bank as of the Closing Date.

  • Nothing in this Agreement shall affect any obligation Ally Bank may have in any other capacity.

  • If Ally Bank is no longer the Administrator, the Custodian or the Servicer, any successor Administrator, Custodian or Servicer, as applicable, shall provide any required Rating Agency notices to the Depositor, who shall promptly provide such notice to the Rating Agencies.

  • Notwithstanding the foregoing, if Ally Bank resigns as Servicer under the Basic Documents or if all of the rights and obligations of the Servicer have been terminated under the Servicing Agreement, this Custodian Agreement may be terminated by the Issuing Entity or by any Persons to whom the Issuing Entity has assigned its rights hereunder.

  • Certain capitalized terms used in this Indenture shall have the respective meanings assigned to them in Part I of Appendix A to the Servicing Agreement, dated as of the date hereof (as amended from time to time, the “Servicing Agreement”), among the Issuing Entity, Ally Auto Assets LLC and Ally Bank.


More Definitions of Ally Bank

Ally Bank means AFI’s indirect banking subsidiary (f/k/a GMAC Bank), a commercial state chartered bank regulated by the FDIC and the State of Utah.
Sample 1Sample 2
Ally Bank. By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Authorized Representative Date: 1/19/2024 Vroom Automotive, LLC By: Title: Chief Financial Officer Date: 1/19/2024 Ally Financial Inc. By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Authorized Representative Date: 1/19/2024 Vroom, Inc. By: /s/ Xxxxxx X. Xxxxxxxxx Name: Xxxxxx X. Xxxxxxxxx Title: Chief Financial Officer Date: 1/19/2024
Sample 1
Ally Bank means Ally Bank.
Sample 1

Related to Ally Bank

  • Foothill means Foothill Capital Corporation, a California corporation.

  • ACA means the provisions of the Patient Protection and Affordable Care Act of 2010 (Pub. L. 111-148), as amended by the Health Care and Education Reconciliation Act of 2010 (Pub. L. 111-152), together with any interim final or final federal regulations implementing the foregoing statute.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Obligated bank means the issuer of a cashier's check or teller's check or the acceptor of a certified check.

  • Historically black college or university means an institution determined by the Secretary of Education to meet the requirements of 34 CFR 608.2.

  • Insurance premium finance company means a person engaged in the business of

  • Payor bank means a bank that is the drawee of a draft.

  • THCA or "Δ9-THCA" means the acid form of THC.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Tissue bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of tissue.

  • First Nation means the ___________ First Nation, being a band named in the schedule to the Act;

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • SVB means Silicon Valley Bank.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Wachovia means Wachovia Bank, National Association.

  • Historically Black Colleges or University , as used in this clause means an institution determined by the Secretary of Education to meet the requirements of 34 CFR Section 608.2. The term also includes any nonprofit research institution that was an integral part of such a college or university before November 14, 1986.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Campus means any place where the college conducts or sponsors educational, public service, or research activities.

  • Royal Bank means Royal Bank of Canada.

  • LaSalle LaSalle Bank National Association or its successor in interest.

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;