Common use of Actions and Filings Clause in Contracts

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 2013-2 SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 2013-2 SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indenture, then, at the direction of the Purchaser, the Series 2013-2 SUBI shall be terminated and the Series 2013-2 SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 20132014-2 1 SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 20132014-2 1 SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indenture, then, at the direction of the Purchaser, the Series 20132014-2 1 SUBI shall be terminated and the Series 20132014-2 1 SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 2013-2 1A SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 2013-2 1A SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indenture, then, at the direction of the Purchaser, the Series 2013-2 1A SUBI shall be terminated and the Series 2013-2 1A SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 2013-2 1 SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 2013-2 1 SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indenture, then, at the direction of the Purchaser, the Series 2013-2 1 SUBI shall be terminated and the Series 2013-2 1 SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 20132014-2 1A SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 20132014-2 1A SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indenture, then, at the direction of the Purchaser, the Series 20132014-2 1A SUBI shall be terminated and the Series 20132014-2 1A SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 20132015-2 1 SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 20132015-2 1 SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indenture, then, at the direction of the Purchaser, the Series 20132015-2 1 SUBI shall be terminated and the Series 20132015-2 1 SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.

Actions and Filings. (a) The Initial Each of the UTI Beneficiary and the SUBI Trustee will shall undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer holder of the SUBI to evidence and confirm the foregoing allocations of assets of the Trust Assets to and from the this Series 2013-2 SUBI Portfolio201[●]-[●] SUBI, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder holder of this Series 201[●]-[●] SUBI or any servicer appointed by such holder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer UTI Beneficiary or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the this Series 2013-2 SUBI Portfolio201[●]-[●] SUBI. The Initial UTI Beneficiary and each holder of this Series 201[●]-[●] SUBI or assignee or pledgee hereof, hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective its officers, employees or agents, as the true and lawful attorney-in-fact of the Initial UTI Beneficiary or such holder, as applicable (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial UTI Beneficiary or any such holder, assignee or pledgee any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this SectionSection 2.6(a). (b) If all of the Purchased Units Series 201[●]-[●] SUBI Assets have been liquidated into cash and all of such cash shall have been distributed in accordance with the Indentureany servicing agreement entered into pursuant to Section 2.4, then, at the direction of the Purchaserholder of this Series 201[●]-[●] SUBI, the UTI Beneficiary shall cause this Series 2013-2 201[●]-[●] SUBI shall to be terminated and the Series 2013-2 SUBI Certificate shall be returned to the SUBI Trustee and canceled therebyterminated.

Actions and Filings. (a) The Initial Beneficiary and the SUBI Trustee will undertake all other and future actions and activities as may be deemed reasonably necessary by the Servicer to evidence and confirm the foregoing allocations of Trust Assets to and from the Series 2013-2 Purchased SUBI Portfolio, including executing and delivering related filings, all documents or writings as may be deemed reasonably necessary by the Servicer hereunder or under any other documents; provided, however, that in no event will the Initial Beneficiary, the Servicer or any Trustee be required to take any action to indicate any Person as lienholder or change the Person listed as owner on the Certificate of Title for any Equipment allocated to the Series 2013-2 Purchased SUBI Portfolio. The Initial Beneficiary hereby irrevocably makes and appoints each of the SUBI Trustee and the Servicer, and any of their respective officers, employees or agents, as the true and lawful attorney-in-fact of the Initial Beneficiary (which appointment is coupled with an interest and is irrevocable) with power to sign on behalf of the Initial Beneficiary any financing statements and continuation statements, if necessary, and any security agreements, mortgages, assignments, affidavits, letters of authority, notices or similar documents necessary or appropriate to be executed or filed pursuant to this Section. (b) If all of the Purchased Units have been liquidated into cash and all of such cash shall have been distributed in accordance with the IndenturePurchased SUBI Servicing Supplement, then, at the direction of the Purchaser, the Series 2013-2 Purchased SUBI shall be terminated and the Series 2013-2 Purchased SUBI Certificate shall be returned to the SUBI Trustee and canceled thereby.