Ally Bank definition

Ally Bank. The meaning specified in the Preamble.
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Ally Bank means Ally Bank, a Utah chartered bank, and its permitted successors and assigns.
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Ally Bank means, collectively, (i) IB Finance Holding Company, (ii) Ally Bank, formerly known as GMAC Bank and (iii) any successor thereto.
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Examples of Ally Bank in a sentence

  • A Receivable that was or will be acquired or originated by Ally Bank or its Affiliates under special incentive rate financing programs.

  • After consultation with each of Ally Bank and the Depositor, the parties to this Agreement shall be released and discharged from their respective obligations under this Agreement without liability on the part of either the Underwriters or on the part of either of Ally Bank or the Depositor (other than under Section 8), and, notwithstanding Section 10(a), each party will pay its own expenses.

  • The seller of automobiles or light trucks that originated one or more of the Receivables and assigned the respective Receivable, directly or indirectly, to Ally Bank under an existing agreement between such seller and Ally Bank.

  • Dealer Agreement: An existing agreement between Ally Bank or one of its Affiliates and a Dealer with respect to a Receivable.

  • A Receivable that was or will be acquired or originated by Ally Bank or its Affiliates that is not a Subvented Receivable.

  • Such firm shall be designated in writing by the Representatives in the case of parties indemnified pursuant to Section 8(a) and by Ally Bank and the Depositor in the case of parties indemnified pursuant to Section 8(b).

  • Each of Ally Bank, the Depositor and the Underwriters agree that it would not be just and equitable if contribution pursuant to this Section 8 were determined by pro rata allocation or by any other method of allocation which does not take account of the considerations referred to in the immediately preceding paragraph.

  • The Notes initially retained by the Depositor or a majority-owned affiliate of Ally Bank as of the Closing Date.

  • If Ally Bank is no longer the Administrator, the Custodian or the Servicer, any successor Administrator, Custodian or Servicer, as applicable, shall provide any required Rating Agency notices to the Depositor, who shall promptly provide such notice to the Rating Agencies.

  • The Issuing Entity hereby accepts and agrees to the terms and provisions of the Custodian Agreement and designates Ally Bank as the custodian with respect to the Receivables Files.


More Definitions of Ally Bank

Ally Bank means AFI’s indirect banking subsidiary (f/k/a GMAC Bank), a commercial state chartered bank regulated by the FDIC and the State of Utah.
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Ally Bank. By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Authorized Representative Date: 1/19/2024 Vroom Automotive, LLC By: Title: Chief Financial Officer Date: 1/19/2024
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Ally Bank means Ally Bank.
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Related to Ally Bank

  • Foothill means Foothill Capital Corporation, a California corporation.

  • ACA means the provisions of the Patient Protection and Affordable Care Act of 2010 (Pub. L. 111-148), as amended by the Health Care and Education Reconciliation Act of 2010 (Pub. L. 111-152), together with any interim final or final federal regulations implementing the foregoing statute.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Obligated bank means the issuer of a cashier's check or teller's check or the acceptor of a certified check.

  • Historically black college or university means an institution determined by the Secretary of Education to meet the requirements of 34 CFR 608.2.

  • Payor bank means a bank that is the drawee of a draft.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Tissue bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of tissue.

  • First Nation means the ___________ First Nation, being a band named in the schedule to the Act;

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • Originating LEA An LEA who originally executes the DPA in its entirety with the Provider. Provider: For purposes of the DPA, the term “Provider” means provider of digital educational software or services, including cloud-based services, for the digital storage, management, and retrieval of Student Data. Within the DPA the term “Provider” includes the term “Third Party” and the term “Operator” as used in applicable state statutes. Student Generated Content: The term “student-generated content” means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • SVB as defined in the preamble hereto.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Historically Black Colleges or University , as used in this clause means an institution determined by the Secretary of Education to meet the requirements of 34 CFR Section 608.2. The term also includes any nonprofit research institution that was an integral part of such a college or university before November 14, 1986.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Campus means any place where the college conducts or sponsors educational, public service, or research activities.

  • Royal Bank means Royal Bank of Canada.

  • LaSalle LaSalle Bank National Association or its successor in interest.

  • Bank Subsidiary means the subsidiary or subsidiaries of the Bank which may from time to time be specified by the Bank to the Customer;

  • Subsidiary Bank means any Subsidiary which is a Bank.