Funding Trust II definition

Funding Trust II means National Auto Funding Trust II, a Delaware business trust.
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Funding Trust II. National Auto Funding Trust II, a Delaware business trust. Governmental Authority: (a) Any federal, state, county, municipal or foreign government, or political subdivision thereof, (b) any governmental or quasi-governmental agency, authority, board, bureau, commission, department, instrumentality or public body, (c) any court or administrative tribunal or (d) with respect to any Person, any arbitration tribunal or other non-governmental authority to the jurisdiction of which such Person has consented.
Sample 1

Examples of Funding Trust II in a sentence

  • Funding Trust I shall be entitled to all payments received or receivable with respect to any Receivable sold and conveyed by Funding Trust II to Funding Trust I hereunder that are received on and after the Cut-off Date.

  • The sale and purchase of Receivables and the other Receivables Assets under this Agreement shall be without recourse to Funding Trust II.

  • Funding Trust II shall reflect sales of the Receivables Assets hereunder on the books and records maintained by Funding Trust II as sales of assets, and shall treat such sales as sales for all purposes.

  • Financial Security may disclaim any of its rights and powers under this Agreement upon delivery of a written notice to Funding Trust II and Funding Trust I.

  • For the avoidance of doubt, the parties hereto acknowledge that for Loan Files delivered prior to the date hereof, Loan Checklists are included in some, but not all, Loan Files being held by the Custodian (i.e., Loan Checklists may be included in Loan Files transferred from ACS Funding Trust I and ACS Funding Trust II, but not in other Loan Files delivered to the Custodian).

  • Funding Trust II hereby agrees not to cause the filing of a petition in bankruptcy against Funding Trust I until one year and one day after the maturity of any securities securities evidencing a beneficial interest in or secured by Receivable Assets sold, transferred or otherwise conveyed by the Trustee to Funding Trust II, NAFI or any affiliate of either.

  • Capitalized terms used but not defined herein have the meanings ascribed to them in the Pooling and Administration Agreement dated as of December 8, 1994 (the "Pooling and Administration Agreement"), among Funding Trust II, as transferor, National Auto Finance Company, Inc.

  • The Transferor and NAFI agree that Financial Security shall have all rights of a third-party beneficiary in respect of the Assignment Agreement and the Sale Agreement and each of NAFI and the Transferor hereby restates the representations, warranties and covenants of the Master Trust and Funding Trust II as set forth therein for the benefit of Financial Security.

  • Each of the Master Trust and Funding Trust II has performed each of its obligations under the Assignment Agreement and the Sale Agreement, respectively, and is in compliance with all material requirements of any law, rule or regulation applicable to it, or that are required in connection with its performance under the Assignment Agreement and the Sale Agreement, respectively.

  • Each of the Master Trust and Funding Trust II has not taken any action that would interfere with the enforcement of any rights under the Assignment Agreement and the Sale Agreement, respectively.

Related to Funding Trust II

  • Owner Trust means the trust created by this Agreement.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • Underlying Trust Means the "Trust Fund" as defined in the Underlying Agreement.

  • Real Estate Investment Trust means any Person that qualifies as a real estate investment trust under Sections 856 through 860 of the Code.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

  • Securitization Trust means a trust formed pursuant to a Securitization.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • unit trust means any trust established for the purpose, or having the effect, of providing facilities for the participation by persons as beneficiaries under a trust, in profits or income arising from the acquisition, holding, management or disposal of securities or any other property.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • National City National City Mortgage Co., or any successor thereto.

  • REF means the Article is based with variations in the cited regulation.

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on March 1st 2015.

  • Grantor Trust means a Trust other than a RIC.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.