GTFC definition

GTFC means Green Tree Financial Corporation, a Delaware corporation that owns all of the outstanding capital stock of Green Tree and that is a wholly owned subsidiary of Conseco, Inc.
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Examples of GTFC in a sentence

  • GTFC and CFSC agree that damages will not be an adequate remedy for such breach and that this covenant may be specifically enforced by CFSC or by the Trustee on behalf of the Trust.

  • GTFC shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations under this Agreement, any Subsequent Purchase Agreement or its Related Documents and that in its opinion may involve it in any expense or liability.

  • The chief executive office of GTFC is located at 1100 Landmark Towers, ▇▇▇ ▇▇.

  • GTFC is duly qualified to do business as a foreign corporation in good standing, and has obtained all necessary licenses and approvals, in all jurisdictions in which the ownership or lease of its property or the conduct of its business requires such qualification.

  • In the event of any breach of a representation and warranty made by CFSC hereunder, GTFC covenants and agrees that it will not take any action to pursue any remedy that it may have hereunder, in law, in equity or otherwise, until a year and a day have passed since the date on which all pass-through certificates or other similar securities issued by the Trust, or a trust or similar vehicle formed by CFSC, have been paid in full.

  • The Master Servicer shall enforce any obligations of the Company or the Servicer to protect and conserve, such REO Property in the manner and to the extent required by this Agreement or the GMACM Servicing Agreement, in accordance with the REMIC Provisions and in a manner that does not result in a tax on “net income from foreclosure property” or cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code.

  • Each of the representations and warranties made by the GTFC in Section 4 of this Agreement and in Section 3.1 of the Transfer Agreement shall be true and correct as of the date of this Agreement and as of the Subsequent Transfer Date.

  • GTFC shall be liable in accordance herewith only to the extent of the obligations in this Agreement or in any Subsequent Purchase Agreement specifically undertaken by GTFC and the representations and warranties of GTFC.

  • GTFC and CFSC agree that CFSC will assign to the Trust all of CFSC's rights under this Agreement and that the Trust will thereafter be entitled to enforce this Agreement against GTFC in the Trust's own name.

  • Without limiting the obligations of GTFC hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of GTFC, or of any predecessor or successor of GTFC.