NationsCredit Commercial definition

NationsCredit Commercial means NationsCredit Commercial Corporation of America, a corporation organized under the laws of North Carolina, or its successors.

Examples of NationsCredit Commercial in a sentence

  • Xxxx Xxxxxxxxx Xxxxxxx, Irving, Texas 75062, Telecopy (972) 000-0000, xx at such other address as shall be designated by the Depositor in a written notice to the Trustee, (b) in the case of the Servicer, to the agent for service as specified in the Agreement, at the following address: NationsCredit Commercial Corporation of America, 225 X.

  • For purposes of this Note, "Loan Agreement" shall mean the Loan and Security Agreement, dated as of April 30, 1998, as amended or otherwise modified, among the Borrowers, the other borrowers named therein and Greyrock Business Credit, a Division of NationsCredit Commercial Corporation (the "Senior Lender"), together with any agreement entered into in connection with the restatement, renewal, extension, restructuring, refunding or refinancing of the obligations under such loan agreement.

  • Except for payment defaults continuing for a period of less than 60 days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Depositor Receivable shall have occurred and neither NationsCredit Commercial nor the Depositor shall have waived any of the foregoing.

  • All of the outstanding shares of capital stock of TWI and NCI are owned by TCP free of all Liens and Contracts, except for Liens in favor of NationsCredit Commercial Corporation and Mr. Xxxxxx X.

  • On the Petition Date, the Debtors’ debt structure consisted of the following: (i) a secured working capital facility with NationsCredit Commercial Corp.

  • The Company and the Trustee executed and delivered an Indenture, dated as of May 12, 2016 (the “Base Indenture”, as supplemented by this First Supplemental Indenture, the “Indenture”), to provide for the issuance by the Company from time to time of unsubordinated debt securities (the “Securities”) evidencing its unsecured indebtedness and for the issuance of guarantees of the Securities.

  • Neither TWI nor NCI shall issue or sell any shares of capital stock or issue or sell any securities convertible into, or Options to subscribe for any shares of capital stock and TCP shall not pledge or otherwise encumber any of their capital stock except for the Liens in favor of NationsCredit Commercial Corporation and Mr. Xxxxxx X.

  • At the Closing Date there shall be no outstanding Options with respect to TWI's or NCI's outstanding capital stock or TCP's partnership interests, except the warrant issued to NationsCredit Commercial Corporation.

  • NationsCredit Commercial Corporation consists of six divisions that specialize in one or more of the following areas: equipment loans and leasing; loans for debt restructuring, mergers and acquisitions and working capital; real estate, golf/recreational and health care financing; and inventory financing to manufacturers, distributors and dealers.

  • Xxxxxx, Xxnaging Director, and to any other Representative at such address, if any, as is specified in writing to the Company for notices hereunder; or, if sent to the Company, will be mailed, delivered or telegraphed and confirmed to NationsCredit Commercial Corporation of America, 225 X.

Related to NationsCredit Commercial

  • Non-Commercial means not intended for or directed towards commercial advantages or monetary compensation.

  • Licensed financial institution means a financial institution issued a license under this act.

  • Commercial means profit-seeking production, buying, or selling of any good, service, or other product.

  • Noncommercial means not primarily intended for or directed towards commercial advantage or monetary compensation. For purposes of this Public License, the exchange of the Licensed Material for other material subject to Copyright and Similar Rights by digital file­sharing or similar means is NonCommercial provided there is no payment of monetary compensation in connection with the exchange.

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • Commercial domicile means the principal place from which the trade or business of the taxpayer is directed or managed.

  • Outside North America For holders located outside North America, present the certificates(s) and/or document(s) that require a guarantee to a local financial institution that has a corresponding Canadian or American affiliate which is a member of an acceptable Medallion Signature Guarantee Program. The corresponding affiliate will arrange for the signature to be over-guaranteed. OR The signature(s) of the transferor(s) must correspond with the name(s) as written upon the face of this certificate(s), in every particular, without alteration or enlargement, or any change whatsoever. The signature(s) on this form must be guaranteed by an authorized officer of Royal Bank of Canada, Scotia Bank or TD Canada Trust whose sample signature(s) are on file with the transfer agent, or by a member of an acceptable Medallion Signature Guarantee Program (STAMP, SEMP, NYSE, MSP). Notarized or witnessed signatures are not acceptable as guaranteed signatures. The Guarantor must affix a stamp bearing the actual words: “SIGNATURE GUARANTEED”, “MEDALLION GUARANTEED” OR “SIGNATURE & AUTHORITY TO SIGN GUARANTEE”, all in accordance with the transfer agent’s then current guidelines and requirements at the time of transfer. For corporate holders, corporate signing resolutions, including certificate of incumbency, will also be required to accompany the transfer unless there is a “SIGNATURE & AUTHORITY TO SIGN GUARANTEE” Stamp affixed to the Form of Transfer obtained from an authorized officer of the Royal Bank of Canada, Scotia Bank or TD Canada Trust or a “MEDALLION GUARANTEED” Stamp affixed to the Form of Transfer, with the correct prefix covering the face value of the certificate.

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.

  • Commercial sex act means any sex act on account of which anything of value is given to or received by any person.

  • Commercial Facility means the Commercial Facility made available under this Agreement as described in Clause 2.1 (Facility).

  • Limited access highway means a highway:

  • Uniform Commercial Code jurisdiction means any jurisdiction that has adopted all or substantially all of Article 9 as contained in the 2000 Official Text of the Uniform Commercial Code, as recommended by the National Conference of Commissioners on Uniform State Laws and the American Law Institute, together with any subsequent amendments or modifications to the Official Text.

  • Federal Reserve Bank of New York’s Website means the website of the Federal Reserve Bank of New York at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.