Onyx Acceptance Financial Corporation definition

Onyx Acceptance Financial Corporation. (the "Company") proposes to cause Onyx Acceptance Owner Trust 1999-D (the "Trust") to sell to Saloxxx Xxxxx Xxxnxx Xxx. (the "Representative"), Chase Securities Inc. and Merrxxx Xxxch, Pierxx, Xxnnxx & Xmitx Xxxorporated (together with the Representative, the "Underwriters") $59,000,000 aggregate principal amount of 6.18% Auto Loan Backed Notes, Class A-1 (the "Class A-1 Notes"), $120,000,000 aggregate principal amount of 6.59% Auto Loan Backed Notes, Class A-2 (the "Class A-2 Notes"), $100,000,000 aggregate principal amount of 6.82% Auto Loan Backed Notes, Class A-3 (the "Class A-3 Notes"), $87,600,000 aggregate principal amount of 7.00% Auto Loan Backed Notes, Class A-4 (the "Class A-4 Notes" and together with the Class A-1 Notes, Class A-2 Notes and Class A-3 Notes, the "Notes") and $23,400,000 aggregate principal amount of 7.31% Auto Loan Backed Certificates (the "Certificates"). The Notes will be issued pursuant to an Indenture dated as of October 1, 1999 (the "Indenture"), between the Trust and The Chase Manhattan Bank as Indenture Trustee (the "Indenture Trustee"). The Certificates will be issued pursuant to a Trust Agreement dated as of October 1, 1999 (the "Trust Agreement") among the Company, Bankers Trust (Delaware) as Owner Trustee (the "Owner Trustee") and The Chase Manhattan Bank as Trust Agent (the "Trust Agent").
Sample 1
Onyx Acceptance Financial Corporation. (the "SELLER"), Onyx Acceptance Corporation ("ONYX" or, in its capacity as servicer, the "SERVICER" or, in its capacity as custodian, the "CUSTODIAN") and The Chase Manhattan Bank, as the Indenture Trustee on behalf of the Noteholders (in such capacity, the "INDENTURE TRUSTEE"), and as the Trust Agent on behalf of the Owner Trustee (in such capacity, the "TRUST AGENT") . In consideration of the premises and the mutual covenants herein contained, the parties hereto agree as follows:
Sample 1
Onyx Acceptance Financial Corporation. (the "Company") proposes to cause Onyx Acceptance Grantor Trust 1996-4 (the "Trust") to sell to Merrxxx Xxxch, Pierce, Fennxx & Xmitx Xxxorporated (the "Underwriter") ____% Auto Loan Pass-Through Certificates, Series 1996-4 (the "Certificates"). The Certificates will be issued pursuant to a Pooling and Servicing Agreement between the Company, as Seller, Onyx Acceptance Corporation as Servicer (the "Servicer" or "Onyx"), Bankers Trust Company as Trustee (the "Trustee"), dated as of December 1, 1996 (the "Pooling and Servicing Agreement"). 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. In addition, Onyx will enter into a yield supplement agreement dated as of December 1, 1996 with the Company (the "Yield Supplement Agreement") which will assign it to the Trust. The assets of the Trust will include, among other things, (i) a pool (the 2 "Contract Pool") of fixed rate Rule of 78's and Simple Interest Method motor vehicle retail installment sales contracts (the "Contracts") secured by new and used automobiles and light-duty trucks (the "Initial Financed Vehicles"), certain monies due or to become due thereunder on or after the Cutoff Date (as hereinafter defined), such Contracts to be sold to the Trust by the Seller and serviced by the Servicer, (ii) the Surety Bond, (iii) security interests in the Financed Vehicles and the rights to receive proceeds from claims on certain insurance policies covering the Financed Vehicles or the individual obligors under each related Contract and the right to proceeds under a blanket insurance policy, (iv) amounts on deposit in a trust account established for the benefit of the Certificateholders (the "Pre-Funding Account"), (v) all amounts on deposit in the Collection Account, (vi) the right of the Company to cause Onyx to repurchase certain Contracts under certain circumstances and (vii) all proceeds of the foregoing. The Certificates will be issued in an aggregate principal amount of $___________ which is equal to the sum of the Original Pool Balance of the Contracts and the amount on deposit in the Pre-Funding Account as of the opening of business on December 1, 1996 (the "Cutoff Date")...
Sample 1

Examples of Onyx Acceptance Financial Corporation in a sentence

  • The Land of Berlin issued in May 2001 a declaration of intent guaranteeing that the necessary capital would be injected.

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

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

  • Onyx Acceptance Financial Corporation, a Delaware corporation ABNI, Inc., a Delaware corporation Onyx Acceptance Funding Corporation, a Delaware corporation C.U. Acceptance Corporation, a Delaware corporation Onyx Acceptance Receivables Corporation, a Delaware 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").

  • The Clearing Account is a general clearing account held by and in the name of Onyx Acceptance Financial Corporation into which Collections as well as collections on other assets are deposited.

  • Onyx Acceptance Financial Corporation (the "Company") proposes to cause Onyx Acceptance Owner Trust 2001-C (the "Trust") to sell to Credit Suisse First Boston Corporation (the "Representative") and Salxxxx Xxxxx Xxrxxx Xxc.

  • Notwithstanding paragraph 5.a) regarding our concerns of the transport strategy, the Councils support the principle of the following aspects of a transport strategy:8.

  • CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the Prospectus Supplement of Onyx Acceptance Financial Corporation relating to Onyx Acceptance Owner Trust 1999-A, of our report dated February 3, 1998, on our audits of the consolidated financial statements of MBIA Insurance Corporation and Subsidiaries as of December 31, 1997 and 1996 and for each of the three years in the period ended December 31, 1997.

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


More Definitions of Onyx Acceptance Financial Corporation

Onyx Acceptance Financial Corporation. (the "Company") proposes to cause Onyx Acceptance Owner Trust 2004-A (the "Trust") to sell to Credit Suisse First Boston LLC (the "Representative") and Xxxxxxx Lynch, Xxxxxx, Xxxxxx & Xxxxx Incorporated (together with the Representative, the "Underwriters") $91,000,000 aggregate principal amount of 1.12% Auto Loan Backed Notes, Class A-1 (the "Class A-1 Notes"), $115,000,000 aggregate principal amount of 1.52% Auto Loan Backed Notes, Class A-2 (the "Class A-2 Notes"), $128,000,000 aggregate principal amount of 2.19% Auto Loan Backed Notes, Class A-3 (the "Class A-3 Notes"), and $116,000,000 aggregate principal amount of 2.94% Auto Loan Backed Notes, Class A-4 ("the Class A-4 Notes" and together with the Class A-1 Notes, Class A-2 Notes and Class A-3 Notes, the "Notes").
Sample 1
Onyx Acceptance Financial Corporation. (the "Company") proposes to cause Onyx Acceptance Grantor Trust 1997-2 (the "Trust") to sell to Merrxxx Xxxch, Pierxx, Xxnnxx & Xmitx Xxxorporated (the "Underwriter") ____% Auto Loan Pass-Through Certificates, Series 1997-2 (the "Certificates"). The Certificates will be issued pursuant to a Pooling and Servicing Agreement between the Company, as Seller, Onyx Acceptance Corporation as Servicer (the "Servicer" or "Onyx"), Bankers Trust Company as Trustee (the "Trustee"), dated as of June 1, 1997 (the "Pooling and Servicing Agreement"). 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. In addition, Onyx will enter into a yield supplement agreement dated as of June __, 1997 with the Company (the "Yield Supplement Agreement") which will assign it to the Trust. The assets of the Trust will include, among other things, (i) a pool (the "Contract Pool") of fixed The Company hereby agrees with the Underwriter, as follows:
Sample 1
Onyx Acceptance Financial Corporation. (the "SELLER"), and The Chase Manhattan Bank, as the Indenture Trustee on behalf of the Noteholders (in such capacity, the "INDENTURE TRUSTEE"), and as the Trust Agent on behalf of the Owner Trustee (in such capacity, the "TRUST AGENT") . In consideration of the premises and the mutual covenants herein contained, the parties hereto agree as follows:
Sample 1
Onyx Acceptance Financial Corporation. (the "Company") proposes to cause Onyx Acceptance Owner Trust 1998-A (the "Trust") to sell to Merrxxx Xxxch, Pierce, Fennxx & Xmitx Xxxorporated (the "Representative") and Salomon Brothers Inc (together with the Representative, the "Underwriters") $43,600,000 5.60% Auto Loan Backed Notes, Class A-1 (the "Class A-1 Notes"), $49,600,000 5.75% Auto Loan Backed Notes, Class A-2 (the "Class A-2 Notes"), $69,500,000 5.85% Auto Loan Backed Notes, Class A-3 (the "Class A-3 Notes"), $35,600,000 5.93% Auto Loan Backed Notes, Class A-4 (the "Class A-4 Notes," and together with the Class A-1, Class A-2 and Class A-3 Notes, the "Notes"), and $10,459,315 5.99% Auto Loan Backed Certificates (the "Certificates," and together with the Notes, the "Securities"). The Notes will be issued pursuant to an Indenture dated as of June 1, 1998 (the "Indenture"), between the Trust and The Chase Manhattan Bank as Indenture Trustee (the
Sample 1
Onyx Acceptance Financial Corporation. (the "SELLER") and Onyx Acceptance Corporation ("ONYX" or, in its capacity as servicer, the "SERVICER"). In consideration of the premises and the mutual covenants herein contained, the parties hereto agree as follows:
Sample 1

Related to Onyx Acceptance Financial Corporation

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  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • 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.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Professional corporation means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Acquisition Corp. shall have the meaning given to such term in the preamble to this Agreement.

  • Post Office Box means each post office box to which Obligors are directed to mail payments in respect of the Pledged Loans.

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

  • 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.

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Bidding Company means a Subsidiary of the Company whose capital is beneficially owned by the Company and any other Person or Persons that are not Affiliates of the Company for the sole purpose of directly or indirectly bidding on construction projects.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply: