AART Transaction Documents definition

AART Transaction Documents. The Administration Agreement, the Certificate of Trust, the Trust Agreement, the Pooling Agreement (including the First Step Secured Notes Assignment), the Trust Sale Agreement (including the Second Step Secured Notes Assignment), the AART Indenture, the Note Depository Agreement, the Notes and the Certificates.

Examples of AART Transaction Documents in a sentence

  • Indication of the Issuing Entity’s ownership of a Secured Note shall be deleted from or modified on the Administrator’s computer systems when, and only when, the Secured Note has been paid in full or repurchased by the Depositor or purchased by the Administrator in accordance with the terms of the AART Transaction Documents.

  • It is understood and agreed that the obligation of the Seller to repurchase any Secured Note as to which a breach has occurred and is continuing shall, if such obligation is fulfilled, constitute the sole remedy against the Seller under the AART Transaction Documents for such breach available to Ally Auto or any Interested Party.

  • A copy of each of the other AART Transaction Documents may be examined during normal business hours at the principal office of the Depositor, and at such other places, if any, designated by the Depositor, by any Certificateholder upon written request.

  • In the event of any conflict between the terms of this Certificate and the terms of the other AART Transaction Documents, the terms of the other AART Transaction Documents shall govern.

  • Each defined term used in this Appendix, the ACOLT Transaction Documents or the AART Transaction Documents has a comparable meaning when used in its plural or singular form.

  • To the extent that the definitions of accounting terms in this Appendix, the ACOLT Transaction Documents or the AART Transaction Documents are inconsistent with the meanings of such terms under generally accepted accounting principles, the definitions contained in this Appendix, the ACOLT Transaction Documents or the AART Transaction Documents will control.

  • Each gender-specific term used in this Appendix, the ACOLT Transaction Documents or the AART Transaction Documents has a comparable meaning whether used in a masculine, feminine or gender-neutral form.

  • The AART Owner Trustee is authorized and directed to execute and deliver the AART Transaction Documents and each certificate or other document attached as an exhibit to or contemplated by the AART Transaction Documents to which the Trust is to be a party, in such form as the Depositor shall approve as evidenced conclusively by the AART Owner Trustee’s execution thereof.

  • The AART Owner Trustee is further authorized from time to time to take such action as the Administrator recommends and directs in writing with respect to the AART Transaction Documents.

  • As used in this Appendix, the ACOLT Transaction Documents or the AART Transaction Documents, accounting terms which are not defined, and accounting terms partly defined, herein or therein shall have the respective meanings given to them under generally accepted accounting principles.