AHFC definition

AHFC means American Honda Finance Corporation, and its successors.

AHFC or the “Member”), and Rxxxxx Xxxxxx and Dxxxx Xxxxxx as Independent Managers (as such term is defined in Section 7.16 hereto).

AHFC or, in its capacity as Servicer, the "Servicer"), and Honda Auto Receivables 2002-1 Owner Trust, a Delaware business trust, as issuer (the "Issuer").

Examples of AHFC in a sentence

• If the Receivable constitutes electronic chattel paper or chattel paper, AHFC has “control” of such electronic chattel paper within the meaning of Section 9-105 or has perfected its security interest in such chattel paper in accordance with Section 9-314A, respectively, of the applicable UCC.

• For so long as AHFC shall be the Servicer, the Servicer and the Indenture Trustee may make any remittances pursuant to this Article net of amounts to be distributed by the applicable recipient to such remitting party.

• Subject to the provisions of Section 6.03, AHFC shall not resign from the obligations and duties hereby imposed on it as Servicer under this Agreement except upon a determination that the performance of its duties under this Agreement shall no longer be permissible under applicable law.

• Notice of any such determination permitting the resignation of AHFC shall be communicated to the Trustees at the earliest practicable time (and, if such communication is not in writing, shall be confirmed in writing at the earliest practicable time) and any such determination shall be evidenced by an Opinion of Counsel to such effect delivered to the Trustees concurrently with or promptly after such notice.

• For purposes of this Section, in the event of the termination of the rights and obligations of AHFC (or any successor thereto pursuant to Section 6.03) as Servicer pursuant to Section 7.01, or a resignation by such Servicer pursuant to this Agreement, such Servicer shall be deemed to be the Servicer pending appointment of a Successor Servicer (other than the Indenture Trustee) pursuant to Section 7.02.

• No such resignation shall become effective until the Indenture Trustee or a Successor Servicer shall have (i) assumed the responsibilities and obligations of AHFC in accordance with Section 7.02 and (ii) become the Administrator pursuant to Section 1.09 of the Administration Agreement.

• Review Materials: (a) Installment sales contract (b) Title documents Tests: (a) Confirm the Title documents report AHFC (or an acceptable variation of the name) as the first lien holder.

• Review the Receivable File and confirm that the security interest has not been subordinated and the Receivable maintains an enforceable security interest in favor of AHFC for the Financed Vehicle.

• For the avoidance of doubt, AHFC shall not be liable for any claims described in the first sentence of this Section which relate to a date or period on or after the date on which AHFC is terminated or removed as the Servicer or which are cause by a successor servicer.

• Review the contract and confirm that AHFC (or an acceptable variation of the name) is listed as an assignee within the assignment section.

More Definitions of AHFC

AHFC means Austin Housing Finance Corporation, a Texas, public non-profit corporation organized and operated under Chapter 394, Texas Local Government Code.

AHFC or “Your Client”). We agree that Xxxxxxx Xxxx, Principal of Waronzof Associates, Inc. will be engaged as an Appraiser in this matter. We understand that the work product and files of the Appraiser will be confidential through preparation of the analysis and report, after which we understand the report will become a public document, and part of the business records of Your Client. Accordingly, our records and materials will be maintained by us as confidential in accordance with the terms hereof. It is agreed that those materials and all other working papers and other documents prepared or received by us pursuant to this engagement will not be disclosed by us to third parties without the Firm’s consent, except as may be required by law, regulation, or judicial or administrative process, in accordance with applicable professional standards, or in conjunction with litigation arising hereunder. Waronzof will prepare a market value appraisal estimating the rental value of proposed office space to be utilized by the Alaska Legislative Council under the terms of a long term lease now under evaluation. The purpose of this appraisal will be to estimate rental value as of a specific date in conjunction with Your Client’s efforts to evaluate the terms and conditions of the proposed lease. The intended users of the appraisal analysis and report include the Firm, Your Client and the Alaska Legislative Council, the ultimate tenant under the terms of the proposed lease. The specific procedures to be performed by Xxxxxxxx will be established based on discussions with you as the engagement progresses and additional information is obtained during the course of the engagement. Xxxxxxxx is also prepared to consider providing mutually agreeable assistance in any other areas that may be identified during the course of this engagement. Xxxxxxxx’s work will be completed in a manner that is consistent with applicable professional standards. The Firm agrees that it will advise Xxxxxxxx in a timely manner of any applicable legal requirements concerning the services to be provided by Xxxxxxxx, including, without limitation, the identification of any reports to be provided by Xxxxxxxx and the filing deadlines for such reports. Waronzof does not, in advance of obtaining sufficient relevant information and completing its analyses, provide any assurance that it will be able to support any position. The Firm and Your Client each agrees that any written reports, schedules, other materials, ...

AHFC means Alaska Housing Finance Corporation.

AHFC or the “Issuer”);

AHFC or, in its capacity as the servicer, the "Servicer"), and the Honda Auto Receivables [_____] Owner Trust, a Delaware business trust, as issuer (the "Issuer").