Green Tree Floorplan Funding Corp definition

Green Tree Floorplan Funding Corp. ("Funding") is a Delaware corporation with its principal place of business in Saint Xxxx, Minnesota. Funding has filed a Registration Statement relating to the issuance and sale of $___________ (Floating Rate) Floorplan Receivable Trust Certificates, Series 1995-1, Class A and $___________ (Floating Rate) Floorplan Receivable Trust Certificates, Series 1995-1, Class B (the "Certificates") evidencing interests in Green Tree Floorplan Receivables Master Trust (the "Trust"). The Certificates will be issued pursuant to a pooling and servicing agreement (the "Pooling and Servicing Agreement") dated as of ____________ 1, 1995 among Funding, as transferor, Green Tree Financial Corporation, as servicer (the "Company" or the "Servicer"), and ________________________, as Trustee. The assets of the Trust will consist of (i) all wholesale receivables (the "Receivables") generated from time to time in a portfolio of revolving financing arrangements between the Company and certain manufactured housing dealers (the "Accounts") satisfying certain criteria described in the Prospectus, (ii) all funds collected from Obligors in respect of the Receivables, (iii) all right, title, and interest of Funding in, to, and under a receivables purchase agreement between Funding, the Company and the Trust, dated as of _____________, 1995 (the "Purchase Agreement"), (iv) the benefit of funds on deposit in the Excess Funding Account, (v) Recoveries and (vi) proceeds of the foregoing. The Receivables will be purchased from the Company by Funding pursuant to the Purchase Agreement and thereafter transferred to the Trust. The Company and Funding will be referred to collectively herein as the "Green Tree Parties". The form of the Pooling and Servicing Agreement has been filed as an exhibit to the Registration Statement (hereinafter defined).
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Examples of Green Tree Floorplan Funding Corp in a sentence

  • Notices to GTFFC shall be directed to Green Tree Floorplan Funding Corp., 500 Landmark Towers, 000 Xx. Xxxxx Xxxxxx, Saint Xxxx, Minnesota, 55102-1639, Attention of the Secretary, with a copy to the Treasurer.

  • Notices to Funding shall be directed to Green Tree Floorplan Funding Corp., 0000 Xxxxxxxx Xxxxxx, 000 Xx. Xxxxx Xxxxxx, Saint Xxxx, Minnesota, 55102-1639, Attention of the Secretary, with a copy to the Treasurer.

  • By ---------------------------------- Name: [ ] Title:[ ] $400,400,000 (Floating Rate) Floorplan Receivable Trust Certificates, Series 1998-1, Class A and $20,475,000 (Floating Rate) Floorplan Receivable Trust Certificates, Series 1998-1, Class B EXHIBIT A GREEN TREE FLOORPLAN RECEIVABLES MASTER TRUST FORM OF TERMS AGREEMENT Dated: April __, 1998 To: Green Tree Financial Corporation, ("GreenTree"), Green Tree Floorplan Funding Corp.

  • By___________________________ Name: Title: 25 $_______________ (Floating Rate) Floorplan Receivable Trust Certificates, Series 1995-1, Class A and $_______________ (Floating Rate) Floorplan Receivable Trust Certificates, Series 1995-1, Class B EXHIBIT A GREEN TREE FLOORPLAN RECEIVABLES MASTER TRUST FORM OF TERMS AGREEMENT ----------------------- Dated: December___, 1995 To: Green Tree Financial Corporation, ("GreenTree"), Green Tree Floorplan Funding Corp.

  • By___________________________ Name: Title: [other Underwriter] By___________________________ Name: Title: EXHIBIT A $[ ] (Floating Rate) Floorplan Receivable Trust Certificates, Series 1998-2, Class A and $[ ] (Floating Rate) Floorplan Receivable Trust Certificates, Series 1998-2, Class B GREEN TREE FLOORPLAN RECEIVABLES MASTER TRUST FORM OF TERMS AGREEMENT Dated: August __, 1998 To: Green Tree Financial Corporation, ("GreenTree"), Green Tree Floorplan Funding Corp.

  • The name of the corporation is Green Tree Floorplan Funding Corp.

Related to Green Tree Floorplan Funding Corp

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

  • FTPS Unit Servicing Agent means FTP Services LLC or any successor FTPS Unit servicing agent appointed as hereinafter provided."

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • NCB means National City Bank, a national banking association, together with its successors and assigns.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • Collateral Manager means such successor Person.

  • Fund/SERV Eligible Unit Servicing Agent means FTP Services LLC or any successor Fund/SERV Eligible Unit servicing agent appointed as hereinafter provided."

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Conduit Purchaser means each commercial paper conduit that is or becomes a party to this Agreement in the capacity of a “Conduit Purchaser”.

  • Eligible lending institution means a financial

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Ford Credit means Ford Motor Credit Company LLC, a Delaware limited liability company.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.