MBCC definition
Examples of MBCC in a sentence
If a Credit Enhancement Event has occurred and is continuing, all amounts payable under and pursuant to this Clause 19 (Tax) shall become immediately due and payable upon demand of the Purchaser, MBCC (as the case may be) or the Transaction Administrator.
Such purchase is subject to the Purchaser repurchasing the relevant Purchased Receivables from MBCC pursuant to the Belgian Receivables Assignment Agreement.
The Servicer shall deliver to the Purchaser, MBCC and the Transaction Administrator information relating to the relevant Purchased Receivables pursuant to the terms of this Agreement.
The Servicer shall, and the Servicer shall procure that the relevant Originator and the Performance Guarantor shall, allow the Purchaser, MBCC and the accounting firm appointed by the Purchaser or MBCC to enter the premises at which such Originator, such Servicer or the Performance Guarantor carries on its business and perform a Due Diligence in accordance with the terms of this Agreement.
Notwithstanding the provisions of clause (b) above and of Section 4.6(a)(ii), for so long as (i) MBCC is the Servicer, (ii) the Servicing Guaranty Agreement is in full force and effect and the rating of DBNA's short-term unsecured debt is at least P-1 by Mood▇'▇ ▇▇▇ at least A-1 by S&P, and (iii) no Event of Servicing Termination shall have occurred (each, a "Monthly Remittance Condition"), Payaheads need not be remitted to and deposited in the Payahead Account but instead may be held by the Servicer.
To the best of the Seller's knowledge, immediately prior to the sale, assignment, and transfer of each Receivable by MBCC to the Seller, such Receivable was secured by a validly perfected first priority security interest in the related Financed Vehicle in favor of MBCC as secured party.
These general conditions of purchase form an integral part of all (future) contracts on deliveries and services between the supplier of goods or the service provider, respectively, (hereinafter "Contractor") and the MBCC entity placing the order (hereinafter “Principal”).
The Guarantor unconditionally guarantees the full and timely performance of all of the obligations of MBCC as Servicer to make required remittances on each Distribution Date pursuant to subsections 4.1(d) and 4.2(a) of the Servicing Agreement (the "Obligations").
Except in the case of certain fleet customers which are permitted to be self-insured in accordance with MBCC's customary standards, MBCC, in accordance with its customary procedures, has determined that each Obligor has obtained or agreed to obtain physical damage insurance covering the Financed Vehicle.
General Studies at MBCC to BS completion in Psychology and Human Services at WJC: General Education and Open Electives ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bachelor of Science Mass Bay CC: General Studies General Education (22) Humanities 3 Literature Sequence I 3 Social Science 3 Social Science Elective 3 Mathematics 3 Math Elective 3 Natural/Physical Science w/ a Lab 4 Laboratory Science Sequence I 4 English Composition 3 EN101.