Onyx Acceptance Corporation definition

Onyx Acceptance Corporation or some abbreviation thereof which unmistakably identifies the Seller as secured party or (ii) "ABNI, Inc."
Onyx Acceptance Corporation or some abbreviation thereof which unmistakably identifies the Seller as secured party or (ii) "ABNI, Inc." or "C.U. Acceptance Corporation"; provided, however, that the name "ABNI, Inc." or "C.U. Acceptance Corporation" may only be used in such documents (x) with respect to Contracts which have been repurchased by Onyx from a securitization transaction guaranteed by MBIA or (y) if the Program Manager has received a true sale and perfection opinion with respect to the transfer of such Contracts from ABNI, Inc. or C.U. Acceptance Corporation (as the case may be) to Onyx, addressed to the Program Manager satisfactory in form and substance to the Program Manager from counsel to the Seller acceptable to the Program Manager in its reasonable judgment.
Onyx Acceptance Corporation or some abbreviation thereof which unmistakably identifies the Seller as secured party or (ii) "ABNI, Inc." or "C.U. Acceptance Corporation"; provided, however, that the name "ABNI, Inc." or "C.U. Acceptance Corporation" may only be used in such documents with respect to Contracts for which the Program Manager has received an opinion of counsel addressed to the Program Manager satisfactory in form and substance to the Program Manager from counsel to the Seller acceptable to the Program Manager in its reasonable judgment, to the effect that (x) under the law of the state in which the related Vehicle is registered, the Seller has a first priority perfected security interest in the related Vehicle notwithstanding the use of such name and (y) under applicable law, the use of such name rather than "Onyx Acceptance Corporation" or some other abbreviation thereof which unmistakably identifies the Seller as secured party will not affect the Seller's ownership interest in the Contracts and the Seller's security interest in the related Vehicles.

Examples of Onyx Acceptance Corporation in a sentence

  • THE SERVICER Onyx Acceptance Corporation, a Delaware corporation ("Onyx").

  • THE SELLER Onyx Acceptance Financial Corporation, a Delaware corporation and a wholly-owned, limited purpose subsidiary of Onyx Acceptance Corporation.

  • Pursuant to an insurance and reimbursement agreement (the "Insurance Agreement") among the Company, Onyx Acceptance Corporation, the Trustee and Capital Markets Assurance Corporation ("the Insurer"), the Insurer has issued its surety bond (the "Surety Bond") to the Trustee for the benefit of the Certificateholders guaranteeing timely payment of interest and principal on the Certificates.

  • Onyx Acceptance Corporation has caused this Addendum to be executed by its duly-authorized officer, and Optionee has executed this Addendum, all as of the Effective Date specified below.

  • Onyx Acceptance Financial Corporation, a wholly-owned, limited purpose subsidiary of Onyx Acceptance Corporation.

  • The shares of common stock were disposed of pursuant to the Agreement and Plan of Merger by and among Capital One Auto Finance, Inc., Foothill Services Corporation and Onyx Acceptance Corporation, dated as of September 20, 2004, in exchange for cash equal to $28.00 per share.

  • CORPORATION shall mean Onyx Acceptance Corporation, a Delaware corporation, and any corporate successor to all or substantially all of the assets or voting stock of Onyx Acceptance Corporation which shall by appropriate action adopt the Plan.

  • No.: (000) 000-0000 Telecopier No.: (000) 000-0000 If to the Seller: Onyx Acceptance Corporation 00000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000 Xxxxxxxx Xxxxx, Xxxxxxxxxx 00000 Attention: Executive Vice President and Chief Financial Officer Tel.

  • In connection with the COAF move, one of COAF’s direct operating subsidiaries, Onyx Acceptance Corporation (“Onyx”), became a direct subsidiary of the Corporation.

  • The Certificates are to be issued pursuant to a Pooling and Servicing Agreement relating to the formation of the Trust and the issuance of the Certificates (the "Pooling and Servicing Agreement") among Onyx Acceptance Financial Corporation (the "Company"), Onyx Acceptance Corporation ("Servicer"), and Bankers Trust Company (the "Trustee").


More Definitions of Onyx Acceptance Corporation

Onyx Acceptance Corporation s (the "Servicer") principal place of business, chief executive office and the location of the offices where it keeps all of the records relating to the Contracts including, without limitation, the Files, is: 8001 Xxxxxx Xxxxxx Xxxxx Xxxxxx, Xxxxxxxxxx 00000 TRADE NAMES OF SELLER Onyx Acceptance Corporation (the "Seller") has no trade names, fictitious names, assumed names or "doing business as" names other than the following: "Doing Business As" Name Business for which Name is Used
Onyx Acceptance Corporation or some abbreviation thereof which unmistakably identifies the Seller as secured party or (ii) "ABNI, Inc." or "C.U. Acceptance Corporation"; provided, however, that the name "ABNI, Inc." or "C.U. Acceptance Corporation" may only be used in such documents with respect to Contracts in a given state to the extent that an opinion of counsel, addressed to the Surety Provider and in form and substance reasonably acceptable to the Surety Provider, shall be delivered to the Surety Provider with respect to any state where the Outstanding Balance of all Contracts, in all facilities for which the Surety Provider has issued an insurance policy and which have Obligors with mailing addresses in such state and for which the related certificates of title and/or entries in the related Paperless Title System have the secured party, lender or obligee named as "ABNI, Inc." or "C.U. Acceptance Corporation," exceeds $350,000 in the aggregate for such state.

Related to Onyx Acceptance Corporation

  • of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • National Medical Support Notice or “NMSN” shall mean a notice that contains the following information: