Trust Sale and Servicing Agreement definition

Trust Sale and Servicing Agreement the Trust Sale and Servicing Agreement, dated as of the date hereof between the Seller, General Motors Acceptance Corporation, as Servicer, and the Trust, as amended, modified and supplemented from time to time in accordance with its terms. EXHIBIT B

Trust Sale and Servicing Agreement the Trust Sale and Servicing Agreement, dated as of the date hereof among the Depositor, GMAC LLC, as Servicer, and the Trust, as amended, modified and supplemented from time to time in accordance with its terms. EXHIBIT B

Trust Sale and Servicing Agreement means the Trust Sale and Servicing Agreement, dated as of date hereof, among the Depositor, the Servicer and the Trust, as amended and supplemented from time to time.

Examples of Trust Sale and Servicing Agreement in a sentence

• The rules of construction set forth in Part II of Appendix A to the Trust Sale and Servicing Agreement shall be applicable to this Agreement.

• The Custodian is familiar with the duties of the Servicer, the servicing procedures and the allocation and distribution provisions (including those related to principal collections, losses and recoveries on Receivables) set forth in the Pooling and Servicing Agreement, the Trust Sale and Servicing Agreement and the Indenture and hereby agrees to maintain the Receivables Files in a manner consistent therewith.

• The Servicer shall indemnify the Owner Trustee, any paying agent, registrar, authenticating agent or co-trustee and its successors, assigns, agents and servants in accordance with the provisions of Section 6.01 of the Trust Sale and Servicing Agreement.

• Except as expressly provided in this Indenture Supplement and the Trust Sale and Servicing Agreement, the Servicer agrees that it has no right of setoff or banker’s lien against, and no right to otherwise deduct from, any funds and other property held in the Reserve Fund for any amount owed to it by the Indenture Trustee, the Issuing Entity, any Noteholder or any Series Enhancer.

• Except as expressly provided in this Indenture Supplement and the Trust Sale and Servicing Agreement, the Servicer agrees that it has no right of setoff or banker’s lien against, and no right to otherwise deduct from, any funds and other property held in the Note Distribution Account for any amount owed to it by the Indenture Trustee, the Issuing Entity, any Noteholder or any Series Enhancer.

More Definitions of Trust Sale and Servicing Agreement

Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Servicer and the Trust, as amended and supplemented from time to time.

Trust Sale and Servicing Agreement means the Amended and Restated Trust Sale and Servicing Agreement dated as of April 6, 2000 as amended and supplemented or otherwise modified and in effect from time to time among the Servicer, the Transferor and Issuer.

Trust Sale and Servicing Agreement means the Trust Sale and Servicing Agreement, expected to be dated on or around February 12, 2010, by and among Ally Bank, as Seller, Ally Financial Inc., as Servicer, the Company, as Depositor, and Ally Master Owner Trust, as Issuing Entity.

Trust Sale and Servicing Agreement means the Amended and Restated Trust Sale and Servicing Agreement, dated as of August 11, 2005 between the Servicer, the Transferor and the Trust, as amended and supplemented from time to time.

Trust Sale and Servicing Agreement means this Agreement, as amended and supplemented from time to time.

Trust Sale and Servicing Agreement means the Trust Sale and Servicing Agreement dated as of November 22, 1999 as amended and supplemented or otherwise modified and in effect from time to time among the Servicer, the Transferor and the Trust.

Trust Sale and Servicing Agreement means the Trust Sale and ----- ---- --- --------- --------- Servicing Agreement, dated as of the date hereof between the Servicer, the Transferor and the Owner Trustee, as amended and supplemented from time to time.