GMAC Financing definition

GMAC Financing means the financing originally provided by GMAC Commercial Mortgage Bank, in the original principal amount of $13,100,000, with respect to the Properties.
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GMAC Financing means a credit facility established by the Company with GMAC Commercial Finance LLC, on or after April 30, 2007, in an amount deemed necessary by the Company in its reasonable discretion to fund the working capital needs of the Company and the projected needs of Parent and its Subsidiaries following the Merger.
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GMAC Financing means, collectively, the Indebtedness and other obligations under or relating to the Term Financing and the Revolving Financing.
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Examples of GMAC Financing in a sentence

  • The security interest herein granted is in addition to any statutory lien for the Rent and shall be subordinate to the lien of any Facility Mortgage, including any lien imposed in connection with the GMAC Financing Documents.

  • Tenant acknowledges the existence of the GMAC Financing and agrees to provide notice of any Landlord default to GMAC Commercial Mortgage Bank at the following address: GMAC Commercial Mortgage Corp.

  • Tenant acknowledges the existence of the GMAC Financing and agrees to provide notice of any Landlord default to GMAC Commercial Mortgage Bank at the following address: [GMAC Commercial Mortgage Corp.

  • The GMAC Financing shall have been consummated in form and substance satisfactory to the Purchasers in the Purchasers’ sole discretion and the Purchasers shall have been provided copies of all agreements, instruments and documents in connection therewith.

  • The GMAC Financing shall have been consummated in form and substance satisfactory to the Purchasers in the Purchasers' sole discretion and the Purchasers shall have been provided copies of all agreements, instruments and documents in connection therewith.

  • Seller shall have delivered a payoff letter from GMAC Financing evidencing payment in full of that certain loan in the original principal amount of $36,217.44 provided by GMAC to Seller.

  • Tenant acknowledges the existence of the GMAC Financing and agrees to provide notice of any Landlord default to GMAC Commercial Mortgage Corporation at the following address: [GMAC Commercial Mortgage Corp.

  • If all of the indebtedness under the GMAC Credit Agreement is satisfied and any obligations to lend thereunder are terminated, Parent shall promptly enter into and deliver to Agent Deposit Account Control Agreements that are reasonably satisfactory to Agent with respect to any deposit accounts that were subject to deposit account control agreements as part of the GMAC Financing.


More Definitions of GMAC Financing

GMAC Financing means the Series 2003-2 Note Purchase Agreement, dated as of October 14, 2003 among General Motors Acceptance Corporation, Vanguard Car Rental USA Inc. and Vanguard SPE I Inc., and the Related Documents referred to therein;
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