Examples of SUBI in a sentence
As of the Closing Date or the related Funding Date, as applicable, none of the 2021-1C SUBI Certificate, any Receivable (other than Receivables originated by a Bank Originator), or any participation interests in the Receivables (in the case of Receivables originated by a Bank Originator) has been sold, transferred, assigned, conveyed or pledged by any Originator, Regional Management, the Trust or the Borrower to any Person other than pursuant to the Basic Documents.
Indemnification pursuant to this Section 6.04 shall not be payable from the Sold Asset or the 2024-2A SUBI Assets.
The Servicer shall have full power and authority, acting alone or through any party properly designated by it hereunder and under the 2024-2A SUBI Servicing Agreement, including the Subservicers, to do any and all things in connection with such servicing and administration which it may deem necessary or desirable.
The 2021-1C SUBI Trustee shall be a third party beneficiary of this Agreement for purposes of amounts owed to it by the Borrower from time to time in accordance with Section 2.07 and subject to the other terms of this Agreement.
Under this Agreement, the Depositor will sell, from time to time, to the Issuer certain consumer loans and on the Closing Date, the 2024-2A SUBI Certificate.