AFCO Credit definition
Examples of AFCO Credit in a sentence
AFCO Credit Corporation ("AFCO"), is the lender to whom the debt is owed.
This agreement will be assigned and transferred to and serviced by AFCO Credit Corporation.
The Investor Holders and Credit Enhancement Provider of each Series, by their acceptance of the related Certificates and the issuance of the Credit Enhancement, consent to AFCO Credit and AFCO Acceptance acting as Servicer and PFSI and PFSIC acting as Back-up Servicer.
Each of the Company, Offshore, Leviathan and DeepFlex shall be responsible for its respective premium obligations under the premium finance agreements between such parties and AFCO Credit Corporation.
AFCO Credit Corporation, a New York corporation ("AFCO Credit"), and AFCO Acceptance Corporation, a California corporation ("AFCO Acceptance" and together with AFCO Credit, the "Originators" and in their capacity as servicer, the "Servicer") propose to convey commercial insurance premium finance loans (the "Receivables") from time to time to Mellon Bank, N.A., a national banking association organized under the laws of the United States of America (the "Transferor").
AFCO Premium Credit LLC ("AFCO"), a joint venture of AFCO Credit Corporation and Marsh USA Inc., is the lender to whom the debt is owed.
AFCO Credit Corporation, a New York corporation ("AFCO Credit"), and AFCO Acceptance Corporation, a California corporation ("AFCO Acceptance" and together with AFCO Credit in their capacity as servicer, the "Servicer" and in their capacity as originators, the "Originators") propose to convey the Receivables arising from certain insurance premium finance loans to Mellon Bank, N.A., a national banking association organized under the laws of the United States of America (the "Transferor").
The Back-up Servicing Fee shall be payable by AFCO Acceptance or AFCO Credit, as applicable.
If your clients choose to pay their insurance in monthly installments, it's fast and easy with AFCO Credit Corporation, which is an affiliate of CRC, providing premium financing solutions for companies across the United States.
Date: , MONTHLY PERIOD ENDING , Reference is made to the Series 2004-MC Supplement (the “Series 2004-MC Supplement”), dated as of June [_], 2004, between Mellon Premium Finance Loan Owner Trust as transferor (the “Transferor”), AFCO Credit Corporation as servicer, AFCO Acceptance Corporation as servicer, Premium Financing Specialists, Inc.