Examples of BAC in a sentence
As of the Closing Date, is secured by a first priority perfected security interest in favor of BAC in the related Financed Vehicle, or all necessary and appropriate actions shall have been commenced that would result in the valid perfection of a first priority security interest in favor of BAC in the Financed Vehicle, which security interest has been validly assigned by BAC to the Purchaser.
Xxxxxx Xxxxxx Wilmington, Delaware 19890 Attention: Global Capital Markets with copies to the Administrator If to BAC, the Servicer or the Administrator: Bridgecrest Acceptance Corporation 1720 W.
A Noteholder or Note Owner, as applicable, that delivers a request under this Section 3.13 will be deemed to have certified to the Issuer and BAC that its request to communicate with other Noteholders or Note Owners, as applicable, relates solely to a possible exercise of rights under the Indenture or the other Transaction Documents, and will not be used for other purposes.
No such resignation will become effective until a successor Servicer has assumed the responsibilities and obligations of BAC as Servicer.
The foregoing sale does not constitute and is not intended to result in an assumption by the Issuer of any obligation of the Seller or BAC to the Obligors, the Dealer, insurers or any other Person in connection with the Receivables or the other assets and properties conveyed hereunder or any agreement, document or instrument related thereto.