MMCA definition

MMCA means Mitsubishi Motors Credit of America, Inc., a Delaware corporation, and its successors and assigns.
View Source
MMCA prior to the MMCA Name Change, Delaware Subsidiary Co., and after the MMCA Name Change, MobileMedia Corporation of America.
View Source
MMCA means the Muskogee Medical Center Authority.
View Source

Examples of MMCA in a sentence

  • If credit is granted, MMCA shall deposit an amount equal to the total amount owed by the Obligor on the Receivable to the Collection Account.

  • In connection with such appointment, the Indenture Trustee may make such arrangements for the compensation of such successor Servicer out of payments on Receivables as it and such successor shall agree, which, in no event, shall be greater than that payable to MMCA as Servicer hereunder.

  • Upon deposit of such amount into the Collection Account, the Trust's ownership and security interest in the related Financed Vehicle shall terminate, and the Trust will assign all interest in, to and under the Receivable and the related Financed Vehicle to MMCA.

  • Amounts on deposit in the Yield Supplement Account will be used for the payment of any Yield Supplement Amounts required to be paid on any Payment Date pursuant to the Yield Supplement Agreement which MMCA has not paid as of such Payment Date.

  • The sole remedy of the Trust, the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders with respect to a breach or failure to be true of the representations and warranties made by the Seller pursuant to Section 2.2 shall be to require the Seller to repurchase Receivables pursuant to this Section 2.3 and to enforce the obligation of MMCA to the Seller to repurchase such Receivable pursuant to the Purchase Agreement.

  • MMCA, for so long as it is acting as the Servicer, may make remittances of collections on a less frequent basis than that specified in the immediately preceding paragraph.

  • Each Contract shall require the related Obligor to maintain physical damage insurance (which insurance shall not be force placed insurance) covering the Financed Vehicle, in the amount determined by MMCA in accordance with its customary procedures.

  • If, at such time, the Obligor under the Final Payment Receivable has notified MMCA on behalf of the Trust that it elects to sell the Financed Vehicle to MMCA on behalf of the Trust in accordance with the terms of the Receivable, the Servicer shall, upon delivery of the Financed Vehicle by the Obligor to MMCA on behalf of the Trust, inspect the Financed Vehicle for Excess Wear and Tear and Excess Mileage, and determine the necessity of any repairs.

  • No Receivable shall have been satisfied, subordinated, or rescinded, nor shall any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part, which security interest shall be assignable by MMCA to the Seller and by the Seller to the Trust.

  • MMCA AUTO OWNER TRUST 2002-1, By: WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee under the Trust Agreement By: __________________________________ Responsible Officer Date: March 13, 2002 TRUSTEE'S CERTIFICATE OF AUTHENTICATION This is one of the Notes designated above and referred to in the within-mentioned Indenture.


More Definitions of MMCA

MMCA means Mitsubishi Motors Credit of America, Inc., a Delaware corporation, and its successors and assigns. "Owner Trust Estate" shall mean all right, title and interest of the Trust in, to and under the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement. "Owner Trustee" shall mean Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder. "Paying Agent" shall mean any paying agent or co-paying agent appointed pursuant to Section 3.9 and shall initially be Wilmington Trust Company. "Prepayment Date" shall mean the Payment Date specified by the Servicer pursuant to Section 9.3(a). "Prepayment Price" means an amount equal to the Certificate Balance. "Qualified Institutional Buyer" has the meaning specified in Rule 144A. "Record Date" shall mean, with respect to any Payment Date, the close of business on the fourteenth day of the calendar month in which such Payment Date occurs. "Rule 144A" shall have the meaning assigned to such term in Section 3.4(c). "Rule 144A Information" shall have the meaning assigned to such term in Section 3.4(e). "Sale and Servicing Agreement" shall mean the Sale and Servicing Agreement, dated as of August 1, 1998, by and among the Trust, the Depositor, as seller, and MMCA, as servicer, as the same may be amended, supplemented or otherwise modified and in effect from time to time. "Secretary of State" shall mean the Secretary of State of the State of Delaware. "Securities Act" shall mean the Securities Act of 1933, as amended. "Transfer" shall have the meaning assigned to such term in Section 3.2. "Treasury Regulations" shall mean regulations, including proposed or temporary regulations, promulgated under the Code. References herein to specific provisions of proposed or temporary regulations shall include analogous provisions of final Treasury Regulations or other successor Treasury Regulations. "Trust" shall mean the trust established by this Agreement. "Void Transfer" shall have the meaning assigned to such term in Section 3.2.
View Source
MMCA means Mitsubishi Motors Credit of America, Inc., a Delaware corporation, and its successors and assigns. "Owner Trust Estate" shall mean all right, title and interest of the Trust in, to and under the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement. "Owner Trustee" shall mean Wilmington Trust Company, a Delaware banking corporation, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder. "Paying Agent" shall mean any paying agent or co-paying agent appointed pursuant to Section 3.9 and shall initially be Wilmington Trust Company. "Prepayment Date" shall mean the Payment Date specified by the Servicer pursuant to Section 9.3(a). "Prepayment Price" means an amount equal to the Certificate Balance.
View Source
MMCA means Mitsubishi Motors Credit of America, Inc., a Delaware corporation, and its successors and assigns. "Monthly Accrued Note Interest" shall mean, with respect to any Payment Date and (i) any Class of Notes, interest accrued for the related Interest Accrual Period at the applicable Note Interest Rate on the aggregate principal amount of the Notes of such Class as of the immediately preceding Payment Date, after giving effect to all payments of principal to Noteholders on or prior to such preceding Payment Date (or, in the case of the first Payment Date, the initial principal amount of the Notes); and (ii) with respect to the Notes collectively, the sum of Monthly Accrued Note Interest for each Class. "Monthly Remittance Condition" shall have the meaning assigned thereto in Section 4.1(e). "Moody's" shall mean ▇▇▇▇▇'▇ Investors Service, Inc., or its successors and assigns. "Note Payment Account" shall mean the account established and maintained as such pursuant to Section 4.1(b). "Note Pool Factor" shall mean, with respect to any Class of Notes, as of the close of business on the last day of a Collection Period, a seven-digit decimal figure equal to the outstanding principal balance of such Class of Notes (after giving effect to any reductions thereof to be made on the immediately following Payment Date) divided by the original outstanding principal balance of such Class of Notes. Each Note Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Note Pool Factor will decline to reflect reductions in the outstanding principal amount of such Class of Notes. "Noteholder" shall mean a Person in whose name a Note is registered on the Note Register. "Obligor" on a Receivable shall mean the purchaser or co- purchasers of the related Financed Vehicle purchased in part or in whole by the execution and delivery of such Receivable, or any other Person who owes or may be liable for payments under such Receivable. "Officer's Certificate" shall mean a certificate signed by the chairman, the president, any executive vice president, vice president or the treasurer of the Seller or the Servicer, as the case may be, and delivered to the Owner Trustee and the Indenture Trustee. "Opinion of Counsel" shall mean a written opinion of counsel (who, in the case of counsel to the Seller or the Servicer, may be an employee of, or outside counsel to, the Seller or the Servicer), which
View Source

Related to MMCA

  • MMC means Member of the Mayoral Committee;

  • biofuels means liquid or gaseous fuel for transport produced from biomass;

  • Biofuel means liquid or gaseous fuel for transport produced from biomass;

  • Network pharmacy means any pharmacy that has an agreement to accept our pharmacy allowance for prescription drugs and diabetic equipment/supplies covered under this agreement. All other pharmacies are NON-NETWORK PHARMACIES. The one exception and for the purpose of specialty Prescription Drugs, only specialty pharmacies that have an agreement to accept our pharmacy allowance are network pharmacies and all others pharmacies are non-network pharmacies.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department.