![]() ![]() New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith. Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets. ![]() If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings. GMAC Financing This table presents the market shares of GMAC in retail and wholesale financing of GM car sales.Ĭo-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. This type of approach could be extremely useful in the organ donation debate amongst the diversity of cultures comprising South African society. Seller shall have delivered a payoff letter from GMAC Financing evidencing payment in full of that certain loan in the original principal amount of $36,217.44 provided by GMAC to Seller. Tenant acknowledges the existence of the GMAC Financing and agrees to provide notice of any Landlord default to GMAC Commercial Mortgage Bank at the following address: GMAC Commercial Mortgage Corp. The GMAC Financing shall have been consummated in form and substance satisfactory to the Purchasers in the Purchasers’ sole discretion and the Purchasers shall have been provided copies of all agreements, instruments and documents in connection therewith. ![]() Tenant acknowledges the existence of the GMAC Financing and agrees to provide notice of any Landlord default to GMAC Commercial Mortgage Bank at the following address: [GMAC Commercial Mortgage Corp. If all of the indebtedness under the GMAC Credit Agreement is satisfied and any obligations to lend thereunder are terminated, Parent shall promptly enter into and deliver to Agent Deposit Account Control Agreements that are reasonably satisfactory to Agent with respect to any deposit accounts that were subject to deposit account control agreements as part of the GMAC Financing. This note was issued through General Motors Acceptance Corporation (GMAC) Financing and the terms were 0% financing for 36 months. The security interest herein granted is in addition to any statutory lien for the Rent and shall be subordinate to the lien of any Facility Mortgage, including any lien imposed in connection with the GMAC Financing Documents.ĭebt Retirement Fund – This fund receives local government distribution tax money to retire an obligation to GMAC Financing. ![]()
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