National Financial Auto Funding Trust definition

National Financial Auto Funding Trust is the only trade name under which the Seller has operated its business and, prior to such date, NAFCO Funding Trust was the only trade name under which the Seller operated its business;
National Financial Auto Funding Trust is the only trade name under which the Transferor has operated its business and, prior to such date, NAFCO Funding Trust was the only trade name under which the Transferor operated its business;
National Financial Auto Funding Trust. ("Funding Trust"), NAFCO, Trust and Agent. Financial Security Assurance, Inc. ("FSA") is the insurer in respect of the Indenture and the Sale and Servicing Agreements.

Examples of National Financial Auto Funding Trust in a sentence

  • TRUST CERTIFICATE evidencing a beneficial ownership interest in certain distributions of the Trust, as defined below, the property of which includes a pool of retail installment sale contracts secured by new or used automobiles, vans or light duty trucks and sold to the Trust by National Financial Auto Funding Trust.

  • Xxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxx 00000 Attention: Corporate Administration Trust Department Telecopier No.: (000) 000-0000 Confirmation: (000) 000-0000 If to Funding Trust I: National Financial Auto Funding Trust I c/o Chase Manhattan Bank Delaware, as Trustee 1000 X.

  • NATIONAL FINANCIAL AUTO FUNDING TRUST II (as successor to National Financial Auto Funding Trust, f/k/a NAFCO Funding Trust) as the transferor By: Chase Manhattan Bank Delaware (as successor to Chase Manhattan Bank USA, N.A.), not in its individual capacity but solely as Owner Trustee of the National Financial Auto Funding Trust II) By: /s/ JOHN X.

  • NATIONAL FINANCIAL AUTO FUNDING TRUST By: Chase Manhattan Bank Delaware, not in its individual capacity but solely as Trustee of National Financial Auto Funding Trust, By: ____________________________________ Name: Title: NATIONAL AUTO FINANCE COMPANY, INC.

  • All notices, demands and requests that may be given or that are required to be given hereunder shall be sent by United States certified mail, postage prepaid, return receipt requested, to the parties at their respective addresses as follows: If to Funding Trust II: National Financial Auto Funding Trust II c/o Chase Manhattan Bank Delaware, as Trustee 1000 X.

  • All notices, demands and requests that may be given or that are required to be given hereunder shall be sent by United States certified mail, postage prepaid, return receipt requested, to the parties at their respective addresses as follows: If to Funding Trust II: National Financial Auto Funding Trust II c/o Chase Manhattan Bank Delaware, as Trustee 0000 X.

  • Funding Trust II hereby directs the Trustee to deliver cash equal to all such payments described in Section 2.2(b) to be delivered to Harrxx Xxxst and Savings Bank ("Harrxx Xxxst") in its capacity as the Trust Collateral Agent under the Sale and Servicing Agreement, dated as of September 1, 1999 (the "Sale and Servicing Agreement"), among National Auto Finance 1999-1 Trust, National Financial Auto Funding Trust ("Funding Trust I"), NAFI and Harrxx Xxxst.

  • NATIONAL FINANCIAL AUTO FUNDING TRUST II By: CHASE MANHATTAN BANK DELAWARE, not in its individual capacity, but solely as trustee of National Financial Auto Funding Trust II, By: /s/ JOHN X.

  • The Depositor intends to sell and National Financial Auto Funding Trust (formerly known as NAFCO Funding Trust) ("Funding Trust") intends to purchase certain contracts (the "Contract Assets") pursuant to a Purchase and Contribution Agreement (the "Purchase and Contribution Agreement") dated as of October 1, 1995 between the Depositor and Funding Trust.

  • All notices, demands and requests that may be given or that are required to be given hereunder shall be sent by United States certified mail, postage prepaid, return receipt requested, to the parties at their respective addresses as follows: If to Funding Trust II: National Financial Auto Funding Trust II c/o Chase Manhattan Bank USA, N.A., as Trustee 0000 X.


More Definitions of National Financial Auto Funding Trust

National Financial Auto Funding Trust. (the "Trust"), in the exercise of the powers and authority conferred and vested in it under the related Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Owner Trustee or the Trust is made and intended not as personal representations, undertakings and agreements by Chase Manhattan Bank USA, National Association but is made and intended for the purpose of binding only the Trust and (c) under no circumstances shall Chase Manhattan Bank USA, National Association be personally liable for the payment of any indebtedness or expenses of the Owner Trustee or the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Owner Trustee or the Trust under this Agreement or other related documents. If you are in agreement with the foregoing, please sign a counterpart hereof and return the same to that company, whereupon this Agreement shall become a binding agreement between you and the Seller. Very truly yours, NATIONAL FINANCIAL AUTO FUNDING TRUST By: THE CHASE MANHATTAN BANK (USA), not in its individual capacity but solely as Owner Trustee of the National Financial Auto Funding Trust By______________________________________ Name:___________________________________ Title:__________________________________ BY AFFIXING ITS SIGNATURE HERETO, NATIONAL AUTO FINANCE COMPANY L.P. ALSO HEREBY AGREES TO BE JOINTLY AND SEVERALLY LIABLE FOR THE OBLIGATIONS OF NATIONAL FINANCIAL AUTO FUNDING TRUST. NATIONAL AUTO FINANCE COMPANY L.P. By: NATIONAL AUTO FINANCE CORPORATION, as its general partner Name:___________________________________ Title:__________________________________ The foregoing Agreement is hereby accepted and entered into as of the date hereof. FIRST UNION CAPITAL MARKETS CORP. By____________________________ Name:_________________________ Title:________________________
National Financial Auto Funding Trust. Seller, by Chase Manhattan Bank Delaware, not in its individual capacity, but solely as Trustee of National Financial Auto Funding Trust, By Title: NATIONAL AUTO FINANCE COMPANY, INC., Servicer, By Title: Acknowledged and Accepted: HARRIS TRUST AND SAVINGS BANK, xxx in its individual capacity but solely as Trust Collateral Agent and Backup Servicer By Title: EXHIBIT B FORM OF SERVICER'S CERTIFICATE
National Financial Auto Funding Trust or any Affiliate thereof shall be deemed not to be outstanding; provided, however, that, solely for the purpose of determining whether the Indenture Trustee or the Trust Collateral Agent is entitled to rely upon any such action or consent, only Notes which the Owner Trustee, the Indenture Trustee or the Trust Collateral Agent, respectively, knows to be so owned shall be so disregarded.

Related to National Financial Auto Funding Trust

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  • Financial Sponsor means any Person, including any Subsidiary of such Person, whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated with one another and whose financial condition and creditworthiness are independent of the other companies so owned by such Person.

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  • Business trust means a trust created for the purposes of making a profit through the combination of capital contributed by the beneficiaries of the trust and through the administration or management of the capital by trustees or a person acting on behalf of those trustees, for the benefit of the beneficiaries;

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  • Financial Services means those activities described in Annex VI. The Stabilisation and Association Council may extend or modify the scope of that Annex.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.