UTI Beneficiary definition

UTI Beneficiary means NILT Trust, in its capacity as the initial beneficiary of the Titling Trust.

UTI Beneficiary has the meaning set forth in the Preamble.

UTI Beneficiary has the meaning set forth in the Recitals.

Examples of UTI Beneficiary in a sentence

• Xxxxxxx Title: Vice President NILT TRUST, as UTI Beneficiary, Grantor, and Transferor By: U.S. BANK NATIONAL ASSOCIATION, as Trustee for NILT Trust By: /s/ Xxxxxxx X.

• Xxxxx Title: Vice President NILT TRUST, as UTI Beneficiary, Grantor, and Transferor By: U.S. BANK NATIONAL ASSOCIATION, as Trustee for NILT Trust By: /s/ Xxxxx X.

• Under the Titling Trust Agreement, from time to time the UTI Beneficiary may direct the Trustee to issue to or upon the order of the UTI Beneficiary one or more certificates (each, a “SUBI Certificate”) representing a beneficial interest in certain specified Leased Vehicles, Leases and related Trust Assets (such assets, the “SUBI Assets”).

• BMW MANUFACTURING L.P., as Grantor and UTI Beneficiary By: BMW FACILITY PARTNERS LLC, as General Partner By: Name: Title: By: Name: Title: [_________________], as Trustee By: Name: Title: EXHIBIT A SCHEDULE OF [____]-[_] LEASES AND [____]-[_] VEHICLES [Omitted.

• The Trustee undertakes to perform such duties (and only such duties), take such actions (and only such actions) and refrain from taking such actions (and only such actions), as are specified in this Supplement and the Vehicle Trust Agreement, or upon receipt of indemnity satisfactory to it for its fees and expenses, as may be directed, solely and exclusively, by the UTI Beneficiary in a manner, as evidenced by an opinion of counsel delivered to the Trustee, not contrary to the terms of this Supplement.

More Definitions of UTI Beneficiary

UTI Beneficiary means BMW Manufacturing L.P., in its capacity as initial Beneficiary of the Vehicle Trust, and its permitted successors and assigns.

UTI Beneficiary means TMCC, in its capacity as the initial beneficiary of the Titling Trust on the date of the UTI Supplement, and its successors and assigns (exclusive of any pledgee of a UTI Pledge).

UTI Beneficiary means GECCI, as beneficiary of the UTI.]

UTI Beneficiary means GE Capital Commercial Inc., as the beneficiary of the undivided trust interest in the Trust.

UTI Beneficiary has the meaning assigned to such term in the Annex of Definitions.

UTI Beneficiary means (i) NILT Trust in its capacity as initial beneficiary of the Trust and its permitted successors and assigns or (ii) any other UTI Beneficiary that becomes a party to this Agreement pursuant to Sections 3.04(a)(ii) and 7.03(b).

UTI Beneficiary means TMCC.