SUBI Holder definition

SUBI Holder. With respect to any SUBI Certificate pledged under the Indenture, the related SUBI Holder (as such term is defined in Section 4.2(b) of the Trust Agreement).
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SUBI Holder shall have the meaning set forth in Section 4.2(b).
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Examples of SUBI Holder in a sentence

  • Each 2007-B SUBI Holder, the Servicer, each Registered Pledgee of a 2007-B SUBI Certificate and each SUBI Control Party is a third-party beneficiary of the Trust Agreement and this Supplement, insofar as they apply to the 2007-B SUBI and the Holder(s) of 2007-B SUBI Certificate.

  • The Delaware Trustee hereby identifies and allocates as SUBI Assets the 2007-B SUBI Assets (to be held by the Trust as agent and nominee of the 2007-B SUBI Holder) as belonging to the 2007-B SUBI Portfolio.

  • If no successor Trustee shall have been so appointed and have accepted such appointment within 30 days after the giving of such notice of resignation, the resigning Trustee, the applicable UTI Holder or SUBI Holder, and any Registered Pledgee or SUBI Control Party of such UTI Certificate or SUBI Certificate, respectively, may petition any court of competent jurisdiction for the appointment of a successor Trustee.

  • Notwithstanding Section 9.1 of the Trust Agreement, the Trust Agreement, as supplemented by this Supplement, to the extent that it relates to the 2007-B SUBI and the 2007-B SUBI Portfolio, may be amended from time to time only in a writing signed by the Trustee and the Settlor, with the prior written consent of each SUBI Control Party, 2007-B SUBI Holder and each Registered Pledgee of a 2007-B SUBI Certificate.

  • The SUBI Control Party and the 2007-B SUBI Holder (or, if there is none, then the SUBI Trustee) shall incur no liability in connection with the appointment of a successor Custodian in accordance with the terms and conditions of this Section 3.

  • The Custodian shall hold the 2007-B Contracts, the Certificates of Title and the Lease Files, including any amendment, replacement or supplement thereto, in an industry standard fire-resistant location as bailee on behalf of the Registered Pledgee of the 2007-B SUBI Certificate, each SUBI Control Party and the 2007-B SUBI Holder.

  • Upon discovery by the Custodian that a purportedly executed original counterpart of a 2007-B Contract is not executed and/or marked to indicate that it is the original executed counterpart that constitutes “chattel paper” under the Uniform Commercial Code, the Custodian shall give prompt written notice to each SUBI Control Party, the 2007-B SUBI Holder and each Registered Pledgee and shall act in accordance with the written instructions of the SUBI Control Party.

  • The provisions of the second, third, fourth and fifth sentences of Section 2.05(j) shall be applicable to any amounts so deposited.

  • The Custodian shall, upon written request, provide to the SUBI Trustee, the Registered Pledgee, the 2007-B SUBI Holder, the SUBI Control Party and to any other Person as the SUBI Trustee shall direct a certificate of a Custody Officer certifying that any policy or certificate of insurance required to be maintained pursuant to this Supplement is in full force and effect.

  • By execution of this Amendment, the Borrower, as Warehouse SUBI Holder (as such term is defined in the Warehouse SUBI Servicing Agreement), the Administrative Agent and the Lenders hereby consent to Amendment No. 3 to Second Amended and Restated Warehouse SUBI Servicing Agreement, dated the date hereof, among Tesla Lease Trust, TFL, as Servicer, and ▇▇▇▇▇ Fargo Bank, National Association, as Back-Up Servicer.

Related to SUBI Holder

  • SUBI Assets means the Leases, the SUBI Equipment and any related assets allocated to the Series 2014-1 SUBI.

  • SUBI has the meaning set forth in the Recitals.

  • Initial Holder has the meaning set forth in the preamble.

  • Note A-9 Holder means the Initial Note A-9 Holder or any subsequent holder of Note A-9, as applicable.

  • Class A Shareholder means a holder of Class A Shares;