GMAC Security Interest definition
GMAC Security Interest means the security interest in the Bonds held, by ---------------------- GMAC pursuant to the GMAC Loan and Security Agreement.
Examples of GMAC Security Interest in a sentence
Seller has good and marketable title to the ----------------------- Bonds and is the sole owner and holder of such Bonds, has full right and authority to sell and assign such bonds hereunder, and is transferring such bonds to Buyer free and clear of any and all liens, claims, encumbrances, participation interests, equities, pledges, charges or security interests of any nature excepting, however, the GMAC Security Interest.