Ally Financial definition
Examples of Ally Financial in a sentence
For each of the Receivables, noted that the Title Documents lists Ally Financial Inc.
The Issuing Entity hereby accepts and agrees to the terms and provisions of the Custodian Agreement and designates Ally Financial as the custodian with respect to the Receivables Files.
If Ally Financial 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.
Nothing in this Agreement shall affect any obligation Ally Financial may have in any other capacity.
At any time that (i) Ally Financial shall be the Servicer and (ii) the Servicer shall be permitted by Section 5.02 to remit collections on a basis other than a daily basis, the Servicer, the Depositor, the Indenture Trustee and the Owner Trustee may make any remittances pursuant to this Article IV net of amounts to be distributed by the applicable recipient to such remitting party.
For each of the Receivables, compared the buyer name and the Vehicle Identification Number as listed on the Retail Contract to the Title Documents and noted that the Title Documents lists Ally Financial Inc.
For each of the Receivables, noted that the Title Documents list Ally Financial Inc.
The Issuing Entity hereby agrees to and accepts the appointment and authorization of Ally Financial as Servicer under Section 2.01 of the Servicing Agreement.
Notwithstanding the foregoing, if Ally Financial resigns as Servicer under the Basic Documents or if all of the rights and obligations of the Servicer have been terminated under the Servicing Agreement, this Custodian Agreement may be terminated by the Issuing Entity or by any Persons to whom the Issuing Entity has assigned its rights hereunder.
The Issuing Entity hereby agrees to and accepts the appointment and authorization of Ally Financial as Servicer under Section 3.01 of the Pooling and Servicing Agreement.