Auto Loans definition

Auto Loans means any loan, advance, or other extension of credit and the underlying loan agreement or promissory note (including any related security agreement or other documents granting a security interest in such Titled Asset) executed by an Obligor and made by the Company for the Obligor’s refinancing of a previous purchase of a Titled Asset and secured by the Obligor’s equity in such Titled Asset.
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Auto Loans has the meaning assigned to such term in the Sales and Servicing Agreement.
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Auto Loans. [CSC LOGIC/MSA L.L.P. or AutoBond Acceptance Corporation] By: -------------------------------- Name: Title: EXHIBIT C FORM OF COLLATERAL AGENT REPORT The undersigned, a duly authorized representative of Norwest Bank Minnesota, National Association, as collateral agent pursuant to the Security Agreement, dated as of February 1, 1997 (the "Security Agreement"), between AutoBond Funding Corporation II, AutoBond Acceptance Corporation and Norwest Bank Minnesota, National Association, does hereby certify as follows:
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Examples of Auto Loans in a sentence

  • The Borrower will not engage in any business or activity (whether or not pursued for gain or other pecuniary advantage) other than financing, purchasing and disposing of Eligible Auto Loans and Permitted Investments.

  • Notwithstanding the foregoing, if any of the Auto Loans subject to such Advance were acquired from an Originator other than AutoBond, then AutoBond shall afford the Initial Lender reasonable opportunity to review such Auto Loans and related Loan Files in advance of the related Borrowing Notice.

  • The Lender shall have received a copy of all consents to, or releases of any lien in respect to any Specified Auto Loans subject or to be subject hereto, in form and substance satisfactory to the Lender.

  • Each Secured Party hereby appoints the Collateral Agent as its agent for the purpose of holding any Auto Loans and Permitted Investments.

  • In addition, the Collateral Agent shall release Designated Auto Loans that have been repaid in full as provided in Sections 8.01 and 8.08(ii) hereof.

  • The Borrower will maintain at its office located at its address specified in this Agreement an office where notices, presentations and demands in respect of Designated Auto Loans and the Notes may be given to and made upon it; provided, however, that it may, upon 15 Business Days' prior written notice to the Lender, move such office to any other location within the boundaries of the continental United States of America.

  • Notwithstanding anything set forth in this Agreement or in any Program Document, the Collateral Agent shall follow the instructions of the Initial Lender and SST in delivering to SST, as agent for the Collateral Agent, any and all documents relating to the Designated Auto Loans (including certificates of title) and, upon such delivery, shall be relieved of its custodial responsibilities hereunder to hold such documents.

  • SECTION 2.1. Conveyance of the Auto Loans and the Other Conveyed Property.

  • The Trustee shall not be accountable for the use or application by the Sponsor of funds paid to the Sponsor in consideration of conveyance of the Auto Loans to the Trust.

  • The proceeds of any disposition of the Designated Auto Loans shall be distributed in accordance with Section 6.04 of the Security Agreement.


More Definitions of Auto Loans

Auto Loans. Loan Funding and Borrowing Arrangements," "Regulation" and "Environmental Policies" under the heading "Item 1. Business" and under the heading "Item 3. Legal Proceedings" in the Company's Annual Report on Form 10-K for the year ended December 31, 1996, insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, provide a fair summary of such legal matters, documents and proceedings. In rendering such opinion, such counsel may rely (A) as to matters involving the application of laws other than the laws of the United States and jurisdictions in which he is admitted upon an opinion or opinions of other counsel of good standing believed to be reliable and who are satisfactory to counsel for the Underwriters; and (B) as to matters of fact, to the extent deemed proper, on certificates of responsible officers of the Company public officials. EXHIBIT B Form of opinion of Stroock & ▇▇▇▇▇▇▇ & ▇▇▇▇▇ pursuant to Section 5(c) of the Underwriting Agreement
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Auto Loans. Loan Funding and Borrowing Arrangements," "Regulation" and "Environmental Policies" under the heading "Item 1. Business" and under the heading "Item 3. Legal Proceedings" in the Company's Annual Report on Form 10-K for the year ended December 31, 1996, insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, provide a fair summary of such legal matters, documents and proceedings.
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