CarMax Funding definition

Examples of CarMax Funding in a sentence

  • The Seller shall obtain executed release agreements and UCC partial releases with respect to the Receivables from (i) CarMax Funding II and the agent on behalf of the lenders or purchasers party to any warehouse financing document related thereto and (ii) CarMax Funding III and the agent on behalf of the lenders or purchasers party to any warehouse financing document related thereto, in each case in form and substance satisfactory to the Purchaser.

  • The Seller shall obtain executed release agreements and UCC partial releases with respect to the Receivables from Bank of America, N.A. (and certain other parties) and CarMax Funding II, in each case in form and substance satisfactory to the Purchaser.

  • The Seller shall obtain executed release agreements and UCC partial releases with respect to the Receivables from (i) Bank of America, N.A. (and certain other parties) and CarMax Funding II and (ii) Xxxxx Fargo Securities, LLC (and certain other parties) and CarMax Funding III, in each case in form and substance satisfactory to the Purchaser.

  • Schedule A Receivables Schedule EXHIBITS Exhibit A Bxxx of Sale and Assignment Exhibit B Form of Retail Installment Sale Contract RECEIVABLES PURCHASE AGREEMENT This Receivables Purchase Agreement, dated as of [__________], 20[__], is between CarMax Auto Superstores, Inc., a Virginia corporation ("CarMax"), as seller (the "Seller"), and CarMax Auto Funding LLC, a Delaware limited liability company ("CarMax Funding"), as purchaser.

  • The Seller shall obtain executed release agreements and UCC partial releases with respect to the Receivables from Bank of America, N.A. (and certain other parties) and CarMax Funding, LLC, in each case in form and substance satisfactory to the Purchaser.

  • The Seller shall obtain executed release agreements and UCC partial releases with respect to the Receivables from (i) [____________] (and certain other parties) and CarMax Funding II and (ii) [____________] (and certain other parties) and CarMax Funding III, in each case in form and substance satisfactory to the Purchaser.

  • The Seller shall obtain executed release agreements and UCC partial releases with respect to the Receivables from (i) [ ] (and certain other parties) and CarMax Funding II and (ii) [ ] (and certain other parties) and CarMax Funding III, in each case in form and substance satisfactory to the Purchaser.

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  • CarMax Business Services, LLC CarMax Auto Funding, LLC CarMax Business Services, LLC CarMax Funding II, LLC CarMax Business Services, LLC Part (b).

Related to CarMax Funding

  • CarMax means CarMax Business Services, LLC, a Delaware limited liability company.

  • CarMax Auto means CarMax Auto Superstores, Inc., a Virginia corporation. “CarMax, Inc.” shall mean CarMax, Inc., a Virginia corporation.

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Ford Credit means Ford Motor Credit Company LLC, a Delaware limited liability company.

  • 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:

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008, 23 June 2014, 24 April 2018 and as further amended and restated on 18 _ April 2019 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

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

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • GACC means German American Capital Corporation and its successors in interest.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Deutsche Bank means Deutsche Bank AG and its affiliated companies, as the context requires.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • AHR means American Honda Receivables LLC, and its successors.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Loan Sale Agreement means the Commercial Loan Sale Agreement, dated as of the date hereof, between the Originator and the Trust Depositor, as such agreement may be amended, modified, waived, supplemented or restated from time to time.

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • LLC means Limited Liability Company.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.