Auto Loans definition

Auto Loans means any loan, advance, or other extension of credit and the underlying loan agreement or promissory note (including any related security agreement or other documents granting a security interest in such Titled Asset) executed by an Obligor and made by the Company for the Obligor’s refinancing of a previous purchase of a Titled Asset and secured by the Obligor’s equity in such Titled Asset.
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Auto Loans. Loan Funding and Borrowing Arrangements," "Regulation" and "Environmental Policies" under the heading "Item 1. Business" and under the heading "Item 3. Legal Proceedings" in the Company's Annual Report on Form 10-K for the year ended December 31, 1996, insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, provide a fair summary of such legal matters, documents and proceedings. In rendering such opinion, such counsel may rely (A) as to matters involving the application of laws other than the laws of the United States and jurisdictions in which he is admitted upon an opinion or opinions of other counsel of good standing believed to be reliable and who are satisfactory to counsel for the Underwriters; and (B) as to matters of fact, to the extent deemed proper, on certificates of responsible officers of the Company public officials. EXHIBIT B Form of opinion of Stroock & Xxxxxxx & Xxxxx pursuant to Section 5(c) of the Underwriting Agreement
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Auto Loans has the meaning assigned to such term in the Sales and Servicing Agreement.
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Examples of Auto Loans in a sentence

  • Granular Assets: Auto Loans and Leases, Consumer Loan and Credit Card Receivables.

  • Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; and (viii) SME Loans.

  • Investments in securitised debt is largely guided by following factors:• Attractive yields i.e. where securitised papers offer better yields as compared to the other debt papers and also considering the risk profile of the securitised papers.• Diversification of the portfolio• Better performance Broadly following types of loans are securitised: a) Auto Loans The underlying assets (cars etc.) are susceptible to depreciation in value whereas the loans are given at high loan to value ratios.

  • Column B) Home Equity Lines RCFD B706 0 RCFD B713 (Column C) Credit Card Receivables RCFD B707 0 RCFD B714 (Column D) Auto Loans RCFD B708 0 RCFD B715 (Column E) Other Consumer Loans RCFD B709 0 RCFD B716 (Column F) Commercial and Industrial Loans RCFD B710 0 RCFD B717 (Column G) All Other Loans, All Leases, and All Other Assets RCFD B711 0 1.

  • At present in Indian market, following types of loans are securitised: Auto Loans (cars / commercial vehicles /two wheelers) Residential Mortgages or Housing Loans Consumer Durable Loans Personal Loans Corporates Loans The main risks pertaining to each of the asset classes above are described below: Auto Loans (cars / commercial vehicles /two wheelers)The underlying assets (cars etc) are susceptible to depreciation in value whereas the loans are given at high loan to value ratios.

  • Investments in securitised debt is largely guided by following factors: Attractive yields i.e. where securitised papers offer better yields as compared to the other debt papers and also considering the risk profile of the securitised papers. Diversification of the portfolio Better performance Broadly following types of loans are securitised: a) Auto Loans The underlying assets (cars etc.) are susceptible to depreciation in value whereas the loans are given at high loan to value ratios.

  • Brevoort, et al., Consumer Financial Protection Bureau, Quarterly Consumer Trends: Growth in Longer-Term Auto Loans, November 2017, accessed at http://files.consumerfinance.gov/f/ documents/cfpb_consumer-credit-trends_longer- term-auto-loans_2017Q2.pdf.

  • The amount of Collections received by the Issuer under the Auto Portfolio Purchase Agreement will vary during the life of the Notes as a result of the level of delinquencies, defaults, repayments and prepayments in respect of, inter alia, the Purchased Auto Loans.

  • Consumer Financial Protection Bureau, CFPB Report Finds Sharp Increase in Riskier Longer- Term Auto Loans (press release), 1 November2017, archived at https://web.archive.org/ web/20181004210710/https://www.consumerfinance.

  • Maximum of one (1) Skip-A-Payment allowed per year on Auto Loans.


More Definitions of Auto Loans

Auto Loans. [CSC LOGIC/MSA L.L.P. or AutoBond Acceptance Corporation] By: -------------------------------- Name: Title: EXHIBIT C FORM OF COLLATERAL AGENT REPORT The undersigned, a duly authorized representative of Norwest Bank Minnesota, National Association, as collateral agent pursuant to the Security Agreement, dated as of February 1, 1997 (the "Security Agreement"), between AutoBond Funding Corporation II, AutoBond Acceptance Corporation and Norwest Bank Minnesota, National Association, does hereby certify as follows:
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Related to Auto Loans

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Bank Loans means debt obligations (including term loans, notes, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a loan or credit facility (whether or not syndicated) or note purchase agreement.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Consumer Loans means Loans to individuals for household, family and other personal expenditures (including United States and/or State-guaranteed student loans and extensions of credit pursuant to a credit card plan or debit card plan).

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Equity Line of Credit shall have the meaning ascribed to such term in Section 4.13.

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).