GMAC definition

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

GMAC. GMAC Mortgage Corporation, or its successor in interest.

GMAC. General Motors Acceptance Corporation.

Examples of GMAC in a sentence

• The obligations of GMAC under this Limited Guaranty shall continue and remain in effect so long as the Servicing Agreement is not modified or amended in any way that might affect the obligations of GMAC under this Limited Guaranty without the prior written consent of GMAC.

• Except as otherwise expressly provided herein, the guarantee herein set forth shall be binding upon GMAC and its respective successors.

• GMAC hereby waives any failure or delay on the part of Residential Funding, the Trustee or any other person in asserting or enforcing any rights or in making any claims or demands hereunder.

• GMAC has caused this Limited Guaranty to be executed and delivered by its respective officers thereunto duly authorized as of the day and year first above written.

• None of the Company, the Master Servicer, GMAC Mortgage Group, LLC or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates.

More Definitions of GMAC

GMAC means GMAC LLC.

GMAC. GMAC Mortgage Corporation.

GMAC. General Motors Acceptance Corporation, a Delaware corporation. GMACM: GMAC Mortgage Corporation, a Pennsylvania corporation, in its capacity as seller of the Mortgage Loans to the Company, and any successor thereto.

GMAC. GMAC LLC, a Delaware limited liability company, and its Subsidiaries.

GMAC and to read as follows:

GMAC. GMAC Mortgage Corporation, a Pennsylvania corporation, its successors and assigns.

GMAC shall have the meaning given to such term in the Preliminary Statement.