ABSC definition

ABSC means Asset Backed Securities Corporation, a Delaware corporation, as depositor.
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ABSC means the Australian Billiards and Snooker Council. ‘Act' means the Associations Incorporation Act 2009 (NSW). 'Affiliate Member' has the meaning set out in clause 4.
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ABSC means the Australian Billiards and Snooker Council.
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Examples of ABSC in a sentence

  • The representations and warranties set forth in Schedule B hereof shall survive the transfer of the Mortgage Loans to ABSC and from ABSC to the Trust and shall continue in full force and effect, and notwithstanding subsequent termination of the Mortgage Loan Purchase Agreement or the Assignment and Assumption Agreement.

  • The representations, warranties and covenants contained herein shall not be impaired by any review or examination of the Mortgage Files or other documents evidencing or relating to the Mortgage Loans by ABSC, its affiliates or agents or any failure on the part of ABSC, its affiliates or agents to review or examine such documents.

  • DLJMC has notified the Company that DLJMC intends to sell the Mortgage Loans to Asset Backed Securities Corporation (“ABSC”) on November 30, 2006 (the “Reconstitution Date”), pursuant to an assignment and assumption agreement (the “Assignment and Assumption Agreement”), between DLJMC and ABSC.

  • The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Triad and the rights of the Certificateholder(s) under the Trust Agreement at any time by Triad, ABSC and the Owner Trustee with the consent of Holders of Certificates evidencing not less than a majority of the outstanding Certificate Percentage Interest of the Certificates.

  • The Owner Trustee hereby acknowledges receipt in trust from ABSC, as of the date hereof, of the foregoing contribution, which shall constitute the initial Trust Property and shall be deposited into the Collection Account.

  • Upon the formation of the Issuer by the contribution by ABSC pursuant to Section 2.5 and prior to the issuance of the Certificates pursuant to Section 3.2, ABSC shall be the sole initial beneficiary of the Issuer.

  • ABSC hereby appoints the Owner Trustee as trustee of the Issuer effective as of the date hereof, to have all the rights, powers and duties set forth herein, and the Owner Trustee by execution hereof accepts such appointment.

  • ABSC hereby sells, assigns, transfers, conveys and sets over to the Owner Trustee, as of the date hereof, the sum of $10 (the "Initial Certificate Balance").

  • The Trustee designates its office at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, EP-MN-WS3D, St. ▇▇▇▇, Minnesota 55107, Attn: Corp Trust-Structured Finance ABSC 05-HE1, as the location at which the Certificates may be surrendered for registration of transfer or exchange and presented for final distribution.

  • The Owner Trustee shall furnish or cause to be furnished to the Servicer, ABSC, TFSPC II or (unless an Insurer Default shall have occurred and be continuing), the Insurer, within fifteen (15) days after receipt by the Owner Trustee of a request therefor from such Person in writing, a list of the names and addresses of the Certificateholder(s) as of the most recent Record Date.

Related to ABSC

  • General Special Servicer mean the Person performing the duties and obligations of special servicer with respect to the Mortgage Pool (exclusive of (A) any Serviced Loan Combination or related REO Property as to which a different Loan Combination Special Servicer has been appointed with respect thereto and (B) any Excluded Special Servicer Mortgage Loan or any related REO Property as to which an Excluded Mortgage Loan Special Servicer has been appointed with respect thereto).

  • Investor Presentation is defined in Section 5.3.

  • Information Provider means the person or organisation providing the Information under this licence.

  • Trustee Information As specified in Section 12.05(a)(i)(A).

  • Strong Customer Authentication means an authentication based on the use of two or more elements categorised as knowledge (something only the user knows), possession (something only the user possesses) and inherence (something the user is) that are independent, in that the breach of one does not compromise the reliability of the others, and is designed in such a way as to protect the confidentiality of the authentication data;