BASHC definition

BASHC means Banc of America Securitization Holding Corporation, a Delaware corporation, and its successors and assigns.
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Examples of BASHC in a sentence

  • Notwithstanding the other terms of this Agreement, BASHC and the Second Tier Purchaser hereby acknowledge that BANA expressly retains all, and has not transferred hereunder any, of its rights to obtain refunds or claim credits or deductions relating to state and local sales or use, gross receipts, transaction privilege, value added, business and occupation and other similar taxes attributable to accounts charged off by the Second Tier Purchaser or its affiliates, subsidiaries, assignees or transferees.

  • BASHC hereby makes the perfection representations, warranties and covenants attached hereto as Schedule II to the Second Tier Purchaser, and the Second Tier Purchaser shall be deemed to have relied on such representations, warranties and covenants in acquiring the Second Tier Purchased Assets.

  • The sales and transfers by BASHC of the Receivables listed on the Schedule of Receivables and related Second Tier Purchased Assets hereunder are and shall be without recourse to, or representation or warranty (express or implied) by, BASHC, except as otherwise specifically provided herein.

  • No notice to or demand on the Second Tier Purchaser or BASHC in either case shall entitle it to any notice or demand in similar or other circumstances.

  • BASHC is a corporation validly existing and in good standing under the laws of the State of Delaware and has, in all material respects, all power and authority required to carry on its business as now conducted.

  • The limited rights of recourse specified herein against BASHC are intended to provide a remedy for breach of representations and warranties relating to the condition of the property sold, rather than to the collectibility of the Receivables.

  • BASHC makes the representations and warranties set forth on Schedule I with respect to the Receivables listed on the Schedule of Receivable, on which the Second Tier Purchaser relies in purchasing such Receivables.

  • This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables and the other Second Tier Purchased Assets in favor of the Second Tier Purchaser, which security interest is prior to all other Liens, and is enforceable as such as against creditors of and purchasers from BASHC.

  • BASHC is not aware of any material judgment, ERISA or tax lien filings against BASHC.

  • BASHC makes the following representations and warranties as of the Closing Date on which the Second Tier Purchaser will be deemed to have relied in acquiring the Second Tier Purchased Assets.

Related to BASHC

  • Santander Consumer means Santander Consumer USA Inc., an Illinois corporation, and its successors and assigns.

  • NFC means Navistar Financial Corporation, a Delaware corporation.

  • the Seller means the person so described in the Order;

  • BANA shall have the meaning assigned to such term in the preamble to this Agreement.

  • Buyer Party means each of (i) the Buyer and (ii) each Affiliate of the Buyer that is a party to a Transaction Agreement.