Intercompany Advance Agreement definition

Intercompany Advance Agreement. The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

Intercompany Advance Agreement. The XXXX Intercompany Advance Agreement dated as of March 25, 2004 between XXXX and Ally Financial, as amended, supplemented or modified from time to time.

Intercompany Advance Agreement. The CXXX Intercompany Advance Agreement dated as of March 25, 2004 between CXXX and GMAC, as amended and supplemented from time to time.

Examples of Intercompany Advance Agreement in a sentence

• The amount advanced under the Intercompany Advance Agreement and the amount of the deemed capital contribution shall be duly recorded by the Seller and XXXX.

• A portion of the Initial Aggregate Receivables Principal Balance shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through one or both of (a) an increase in the amount owing from XXXX to Seller under the Intercompany Advance Agreement (as a result of an advance made thereunder from Seller to XXXX) and (b) an increase in Seller’s capital account in XXXX (as a result of a deemed capital contribution from the Seller to XXXX).

• A portion of the Aggregate Additional Receivables Principal Balance shall be paid to the Seller in immediately available funds and the balance of such purchase shall be paid through one or both of (a) an increase in the amount owing from XXXX to Seller under the Intercompany Advance Agreement (as a result of an advance made thereunder from Seller to XXXX) and (b) an increase in Seller’s capital account in XXXX (as a result of a deemed capital contribution from Seller to XXXX).

• The amount advanced under the Intercompany Advance Agreement shall be duly recorded by the Seller and Ally Auto.

• Such amount shall be recorded as an advance under the Intercompany Advance Agreement and shall bear interest and be payable as provided therein.

More Definitions of Intercompany Advance Agreement

Intercompany Advance Agreement. The Intercompany Advance Agreement dated as of January 25, 1994 between the Depositor and the Originator, as amended and supplemented from time to time.

Intercompany Advance Agreement. The Intercompany Advance Agreement dated as of January 25, 1994 between WARCO and GMAC, as amended and supplemented from time to time.

Intercompany Advance Agreement means that certain USD Revolving Credit Agreement, dated as of February 10, 2010 between the Trust, as borrower and the UTI Beneficiary, as lender, as it may be amended, modified, supplemented or amended from time to time in accordance with its terms.

Intercompany Advance Agreement. The Amended and Restated Intercompany Advance Agreement dated as of February 22, 1996 between CARI and GMAC, as amended and supplemented from time to time.

Intercompany Advance Agreement means the Intercompany Advance Agreement, dated as of February 12, 2004, by and among The Andersons, the Canadian Seller, the Mexican Seller, CARCAT and NARCAT Mexico, as the same may be amended, restated, modified or supplemented from time to time in accordance with the terms thereof.

Intercompany Advance Agreement means the Intercompany Advance Agreement, dated as of November 7, 1994, between Navistar Financial and the Issuer, as amended by the First Amendment thereto dated October 16, 2000, as the same may be amended, restated or otherwise supplemented from time to time.

Intercompany Advance Agreement. The Intercompany Advance Agreement dated as of January 25, 1994 between Wholesale Auto Receivables Corporation, predecessor to Wholesale Auto Receivables LLC, and General Motors Acceptance Corporation, predecessor to GMAC LLC, as amended and supplemented from time to time. Interest Collections: For any Collection Period, collections received during such Collection Period on the Receivables existing under the Accounts in the Pool of Accounts that the Servicer attributes to interest and other non-principal charges pursuant to the Floor Plan Financing Guidelines, including Administrative Purchase Payments and Warranty Payments in excess of the principal portion thereof.