GMAC Entity definition

GMAC Entity or “GMAC Entities” means, individually or collectively, as the case may be, GMAC and each of its Subsidiaries, including any Subsidiaries formed or acquired after the date of this Agreement.
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GMAC Entity means each of Ally Financial Inc. (formerly known as GMAC, Inc., “GMAC Inc.”) and each Subsidiary thereof.
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Examples of GMAC Entity in a sentence

  • This text has been separately filed with the Securities and Exchange Commission Specified GM Obligations and (ii) from and after the Setoff Rights Reduction Date, GMAC and each other GMAC Entity (acting on its own or through GMAC on behalf of itself and each other GMAC Entity) is entitled to setoff from time to time any or all Known Specified GMAC Obligations against any or all Known Specified GM Obligations.

  • This text has been separately filed with the Securities and Exchange Commission GMAC Entity) may, acting in a commercially reasonable manner, estimate the amount thereof and setoff such estimated amount, subject to accounting to the Designated GM Domestic Entities no later than 5 business days after the amount is liquidated or otherwise ascertained.

  • GM Entity-owned dealerships GMAC Entity loans to dealers partially-owned or wholly-owned by any GM Entity including but not limited to multi-site plan dealers and Motors Holdings dealers (including Saab Cars USA dealers).

  • Argonaut leases Any lease of property by a GMAC Entity to Argonaut Holdings or its affiliates (individually and collectively, “Argonaut”), which Argonaut then subleases to a dealership.

  • This text has been separately filed with the Securities and Exchange Commission EXHIBIT A Excluded Exposures Exposure Exposure Description Guaranties Guaranties provided by any GM Entity for the benefit of one or more GMAC Entities with respect to obligations of Persons other than GM Entities to any GMAC Entity.

  • Lease premium Amounts owed under the U.S. Consumer Agreement in connection with [***] as set forth in the U.S. Consumer Agreement In-transit financing Amounts of dealer obligations prepaid to any GM Entity by any GMAC Entity under the Dealer Financing Service Agreement, the U.S. Advance Payment Agreement, the Canada Advance Payment Agreement or any implementing agreement in connection with the foregoing.

Related to GMAC Entity

  • Local entity means any city, county, city and county, or joint powers authority within the state within whose jurisdiction a State Video Franchise Holder may provide Video Service.6

  • Business entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Parent Subsidiary means any Subsidiary of Parent.

  • School entity means a school district, intermediate

  • Subsidiary Entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;