Asset Backed Funding Corporation definition

Asset Backed Funding Corporation as depositor (the "Depositor"), Option One Mortgage Corporation, as master servicer, and Wells Fargo Bank, National Association, as trustee (the "Trustee"), no xxxxxfer of the ERISA-Restricted Certificates shall be permitted to be made to any person unless the Depositor and the Certificate Registrar (as defined in the Agreement) have received a certificate from such transferee in the form hereof.
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Asset Backed Funding Corporation as depositor (the "Depositor"), Credit-Based Asset Servicing and Securitization LLC, as seller, Xxxxxx Loan Servicing LP, as servicer and The Chase Manhattan Bank, as trustee (the "Trustee"), no transfer of the ERISA-Restricted Certificates shall be permitted to be made to any person unless the Depositor and Trustee have received a certificate from such transferee in the form hereof.
Sample 1
Asset Backed Funding Corporation as depositor (the "Depositor"), Credit-Based Asset Servicing and Securitization LLC, as seller, Litton Loan Servicing LP, as servicer, and JPMorgan Chase Bank, National Xxxxxiation, as trustee (the "Trustee"), no transfer of the ERISA-Restricted Certificates shall be permitted to be made to any person unless the Depositor and the Certificate Registrar (as defined in the Agreement) have received a certificate from such transferee in the form hereof.
Sample 1

Examples of Asset Backed Funding Corporation in a sentence

  • Xxxxxx, known to me to be a Vice President of Asset Backed Funding Corporation, a Delaware corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

  • The PSA was signed by the Depositor, Asset Backed Funding Corporation ("ABFC"), by the Servicer, Option One, and by the Trustee, WELLS FARGO BANK, NA, and is dated October 1, 2006.The PSA set forth the manner in which mortgages would be purchased by the trust, as well as the duties of the trustee.

  • Xxxxx-Xxxxxx, known to me to be a Vice President of Asset Backed Funding Corporation, a Delaware corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

  • Bank of America then assigned it to Asset Backed Funding Corporation (ABFC) in an October 1, 2005, mortgage loan purchase agreement.

  • This Certificate is one of a duly authorized issue of Certificates designated as Asset Backed Funding Corporation Asset-Backed Certificates of the Series specified on the face hereof (herein called the "Certificates") and representing the Percentage Interest specified on the face hereof.

  • Seller agrees to indemnify and hold harmless Wells Fargo Bank, N.A. and Asset Backed Funding Corporation for any losxxx xncurred by such parties resulting from the above described promissory note has been lost or misplaced.

  • Good, known to me to be a Vice President of Asset Backed Funding Corporation, a Delaware corporation that executed the within instrument, and also known to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

  • Defendant Asset Backed Funding Corporation is a Delaware corporation with substantial business operations and offices at the Bank of America Tower at One Bryant Park, New York, New York 10036, and is a subsidiary of Bank of America Corporation.

  • Party A hereby agrees to use commercially reasonable efforts to cooperate with Asset Backed Funding Corporation to enable Asset Backed Funding Cooperation to timely comply with the Securities and Exchange Commission's recently published rules regarding asset-backed securities (Release Nos.

  • The Pooling and Servicing Agreement for the ABFC 2006 OPT1 Trust dated July 1, 2006, between Asset Backed Funding Corporation, depositor, Option One, servicer, and Wells Fargo, trustee, is further proof of the timely assignment.


More Definitions of Asset Backed Funding Corporation

Asset Backed Funding Corporation as depositor (the "Depositor"), OPTION ONE MORTGAGE CORPORATION, as a servicer ("Option One"), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as a servicer ("JPM Chase Bank"), LITTON LOAN SERVICING LP, as a servicer ("Litton" and together with Oxxxxx One and JPM Chase Bank, the "Servicexx"), WELLS FARGO BANK, N.A., as master servicer (in such capacity, the "Maxxxx Servicer") and as securities administrator (in such capacity, the "Securities Administrator"), and U.S. Bank National Association, as trustee (the "Trustee") are entering into this Pooling and Servicing Agreement, dated as of November 1, 2006 (the "Agreement").
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Related to Asset Backed Funding Corporation

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • National City National City Mortgage Co., or any successor thereto.

  • Approved Funding has the meaning ascribed to it in Schedule B.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

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

  • Mutual housing corporation means a corporation not-for-profit,

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Regional asset limit means the maximum housing value in each housing region affordable to a four-person household with an income at 80 percent of the regional median as defined by duly adopted Regional Income Limits published annually by COAH or a successor entity.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Special Purpose Securitization Subsidiary means (i) a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Securitization Financing for the acquisition of Securitization Assets or interests therein, and which is organized in a manner (as determined by the Borrower in good faith) intended to reduce the likelihood that it would be substantively consolidated with Holdings (prior to a Qualified IPO), the Borrower or any of the Subsidiaries (other than Special Purpose Securitization Subsidiaries) in the event Holdings (prior to a Qualified IPO), the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law) and (ii) any subsidiary of a Special Purpose Securitization Subsidiary.

  • Capital One means Capital One, National Association and its successors.

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

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • PHH means PHH Corporation, a Maryland corporation.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

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

  • Controlled group of corporations has the meaning set forth in Code Section 1563.

  • NCB means National City Bank, a national banking association, together with its successors and assigns.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Federal home loan bank means a federal home loan bank established under the federal Home Loan Bank Act, 12 U.S.C. §1421 et seq.