BACCS definition

BACCS means Banc of America Consumer Card Services, LLC, a North Carolina limited liability company, together with its successors and assigns.
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BACCS has the meaning set forth in the first paragraph of this Agreement.
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BACCS has the meaning set forth in the Background section of this Agreement.
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Examples of BACCS in a sentence

  • If BACCS or Funding discovers a breach of any of these representations and warranties, the party discovering that breach must give prompt notice to the other party and the MTII Trustee.

  • Prior to the Merger Date, BACCS and Funding were each party to that certain Receivables Purchase Agreement, dated as of October 20, 2006 (as amended, supplemented or otherwise modified, the “Original Receivables Purchase Agreement”), pursuant to which BACCS sold to Funding credit card receivables arising under the credit card accounts identified in the Original Receivables Purchase Agreement and certain other related assets.

  • BANA hereby acknowledges, confirms and ratifies as its own the actions taken by BACCS prior to the date of this Agreement under each Prior Second Tier Agreement.

  • All acts required of BACCS or BANA in this paragraph must be taken at BANA’s expense.

  • Upon discovery by FIA or BACCS of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give notice to the other party within three (3) Business Days following such discovery.

  • All acts required of BACCS in this paragraph must be taken at BACCS's own expense.

  • All acts required of BACCS in this paragraph must be taken at BACCS’s own expense.

  • This Agreement amends and restates the Second Amended and Restated First Tier Agreement and the Amended and Restated Second Tier Agreement and integrates them into a single document embodied in this Agreement, thereby effectuating the intentions of each of BANA, BACCS and Funding on and after the Closing Date as set forth in the “Background” section of this Agreement.

  • As of the close of business on July 17, 2015, BACCS wound up its operations, distributed its assets to its parent, BANA, pursuant to a liquidating distribution, and ceased to exist as an entity.

  • The records do not include transactions that are electronically preserved in the Enterprise Resource Planning (ERP) System, Elite Series System or the Bid and Contract Chargeback System (BACCS).


More Definitions of BACCS

BACCS has the meaning set forth in the first paragraph of this Supplemental Conveyance.
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BACCS has the meaning set forth in the first paragraph of this Agreement. “BACCS Liquidation Date” has the meaning set forth above under the heading “Background”.
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BACCS means Banc of America Consumer Card Services, LLC, a North Carolina limited liability company, and its permitted successors and assigns. “Bank Portfolio” shall mean the MasterCard,® VISA,® and American Express® credit card accounts owned by the Account Owner.
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BACCS means Banc of America Consumer Card Services, LLC, a North Carolina limited liability company, together with its successors and
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Related to BACCS

  • Santander Consumer means Santander Consumer USA Inc., an Illinois corporation, and its successors and assigns.

  • BANA shall have the meaning assigned to such term in the preamble to this Agreement.

  • RPA means Risk Protection Arrangement provided by the DfE.

  • World Omni means World Omni Financial Corp., a Florida corporation, or its successors.

  • RFC means ReliabilityFirst Corporation.

  • FIA means the Fédération Internationale de l’Automobile, which is the sole international authority entitled to make and enforce regulations for the encouragement and control of automobile competitions and records through the FIA World Motorsport Council.

  • NFC means Navistar Financial Corporation, a Delaware corporation.

  • GMAC GMAC Mortgage Corporation and its successors and assigns, in its capacity as Servicer of the GMAC Mortgage Loans.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Bulk Consumer means a consumer such as the Departments of Central Government like Railways, Defense, Telecom, Posts and Telegraph, the Department of State Government, the Undertakings, Boards and other agencies or companies who purchase hundred or more than hundred batteries per annum.

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Originator means the sender of the first payment order in a funds transfer.

  • Backup Servicing Agreement means the Backup Servicing Agreement dated as of the Closing Date, among the Backup Servicer, Credit Acceptance, the Seller, the Issuer and the Trust Collateral Agent.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • Originators have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Countrywide Servicing Agreement The Seller's Warranties and Servicing Agreement, dated as of September 1, 2002, as amended on January 1, 2003, between the Seller and Countrywide, attached hereto as Exhibit H-1, as modified by the related Assignment Agreement.

  • the Seller means the person so described in the Order;

  • Backup Servicer means Wxxxx Fargo Bank, National Association, in its capacity as Backup Servicer under this Agreement.

  • AFSA means the Arbitration Foundation of South Africa;

  • Other Pooling and Servicing Agreement With respect to a Serviced Companion Loan or the related Serviced Loan Combination, the pooling and servicing agreement or other comparable agreement governing the creation of any related Other Securitization Trust and the issuance of securities backed by the assets of such Other Securitization Trust, but not the servicing of such Serviced Companion Loan or Serviced Loan Combination or the related Mortgage Loan.

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Purchased Student Loan means a Trust Student Loan which is, as of the close of business on the last day of a Collection Period, purchased by the Servicer pursuant to Section 3.5 of the Servicing Agreement or repurchased by the Depositor pursuant to Section 6 of the Sale Agreement, repurchased by SLC pursuant to Section 6 of the Purchase Agreement or sold to another eligible lender holding one or more Serial Loans with respect to such Trust Student Loan pursuant to Section 3.12E or Section 3.12F of the Servicing Agreement.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Pooling and Servicing Agreement The pooling and servicing agreement among Wells Fargo Asset Securities Corporation, as depositor, Wells Fargo Xxxx, N.A., as master servicer, the Trustee, and, if appxxxxxle, the Trust Administrator, relating to the issuance of the Mortgage Pass-Through Certificates.

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