GMAC definition

GMAC. GMAC Mortgage Corporation, or its successor in interest.

GMAC. GMAC Mortgage Corporation and its successors and assigns, in its capacity as Servicer of the GMAC Mortgage Loans.

GMAC. General Motors Acceptance Corporation, a Delaware corporation. GMACM: GMAC Mortgage Corporation, a Pennsylvania corporation, in its capacity as seller of the Mortgage Loans to the Company, and any successor thereto.

Examples of GMAC in a sentence

• The obligations of GMAC under this Limited Guaranty shall continue and remain in effect so long as the Servicing Agreement is not modified or amended in any way that might affect the obligations of GMAC under this Limited Guaranty without the prior written consent of GMAC.

• Except as otherwise expressly provided herein, the guarantee herein set forth shall be binding upon GMAC and its respective successors.

• GMAC hereby waives any failure or delay on the part of Residential Funding, the Trustee or any other person in asserting or enforcing any rights or in making any claims or demands hereunder.

• GMAC has caused this Limited Guaranty to be executed and delivered by its respective officers thereunto duly authorized as of the day and year first above written.

• GMAC further waives demand, presentment, notice of default, protest, notice of acceptance and any other notices with respect to this Limited Guaranty, including, without limitation, those of action or nonaction on the part of Residential Funding or the Trustee.

More Definitions of GMAC

GMAC. General Motors Acceptance Corporation.

GMAC. GMAC Mortgage Corporation.

GMAC. GMAC Mortgage Corporation, a Pennsylvania corporation, and its successors and assigns, in its capacity as Servicer of the GMAC Mortgage Loans.

GMAC. General Motors Acceptance Corporation, a Delaware corporation.

GMAC. GMAC LLC, a Delaware limited liability company, and its Subsidiaries.

GMAC and to read as follows:

GMAC means GMAC LLC.