OAC LLC definition

OAC LLC means Oakwood Acceptance Corporation, LLC, a Delaware limited liability company and wholly-owned Subsidiary of Parent and successor by merger to Oakwood Acceptance Corporation, a North Carolina corporation.
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OAC LLC. Oakwood Acceptance Corporation, LLC, a Delaware limited liability company.
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OAC LLC has the meaning specified therefor in the recitals hereto.
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Examples of OAC LLC in a sentence

  • Ensure that OAC LLC or the Non-Debtor Borrower (or an Affiliate of either approved by the Tranche A Lenders) shall at all times be the servicer of the loans relating to the Servicing Advance Receivables and shall perform its obligations in accordance with the related Pooling and Servicing Agreements.

  • Ensure that OAC LLC or Oakwood Servicing (or an Affiliate of either 92 approved by the Lenders) shall at all times be the servicer of the loans relating to the Tranche A Eligible Collateral and the Servicing Advance Receivables and shall perform its obligations in accordance with the related Pooling and Servicing Agreements.

  • Make any change in the principal nature of Borrowers' business or permit (a) OFC to own any assets (other than regular and residual Securitization Securities and funds used for the acquisition thereof) or incur or remain liable with respect to any liabilities (other than those specifically permitted herein) or (b) Oakwood Servicing to own any assets or incur or remain liable with respect to any liabilities (other than the assets and liability assigned to OAC LLC pursuant to the Subservicing Agreement).

  • Any Noteholder desiring to effect a transfer of Notes or interests therein shall, and does hereby agree to, indemnify the Issuer, OAC LLC, Oakwood Servicing, the Indenture Trustee, and the Note Registrar against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

  • From and after the Closing Date, ensure that all Installment Sales Contracts transferred by OMH to OAC LLC or entered into by OAC LLC with respect to Inventory will, at the time of the transfer or execution, constitute a "Contract" (as defined in the Warehouse Facility Documents) or Mortgage Loan, as applicable.

Related to OAC LLC

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Manager-managed limited liability company means a limited liability company that is managed by

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.