Initial Beneficiary definition

Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

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Initial Beneficiary means VCI, as initial beneficiary under the Origination Trust Agreement and its permitted successors and assigns.

Initial Beneficiary has the meaning given to such term in the Trust Agreement.

Examples of Initial Beneficiary in a sentence

Upon the effectiveness of this Exchange Note Supplement, the Initial Beneficiary shall direct the Titling Trustee and the Closed-End Collateral Agent to allocate or cause to be identified and allocated on their respective books and records the “2026-A Reference Pool,” to be separately accounted for and held in trust independently from any other Asset Pool.
Such notices shall be provided to World Omni, the Initial Beneficiary and the Depositor at 2▇▇ ▇▇▇ ▇▇▇▇▇ Boulevard, Deerfield Beach, Florida 33442, Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇, Attention: Treasurer, or at such other address or by such other means of communication as may be specified by World Omni or the Depositor to the Indenture Trustee from time to time.
None of the Titling Trust, the Titling Trustee, the Titling Trustee Agent, the Closed-End Collateral Agent, the Initial Beneficiary, the Servicer, the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Asset Representations Reviewer or the Administrator will have an obligation to investigate whether a breach of any representation or warranty has occurred or whether any Transaction Unit is required to be reallocated under this Section 2.3(c).
The Indenture Trustee shall have no obligation to obtain missing information from any other party or source; provided, however, that the Indenture Trustee shall promptly forward any requests for information not available to it to the Servicer, the Initial Beneficiary and the Depositor.
The Indenture Trustee shall provide prompt notice to World Omni, the Initial Beneficiary and the Depositor of all demands received by a Responsible Officer of the Indenture Trustee for the repurchase or replacement of any Transaction Unit for breach of the representations and warranties concerning such Transaction Unit.

More Definitions of Initial Beneficiary

Initial Beneficiary means GE Capital Title Holding Corp., a Delaware Corporation.

Initial Beneficiary shall have the meaning specified in the North Carolina Trust Agreement.

Initial Beneficiary has the meaning set forth in the Recitals.

Initial Beneficiary means Mercedes-Benz Trust Holdings LLC, a Delaware limited liability company.

Initial Beneficiary means GECTHC, in its capacity as the initial beneficiary of the Titling Trust.

Initial Beneficiary means each of the Stockholders.

Initial Beneficiary shall have the meaning set forth in the Preamble.