Common use of Reallocation of Specified Assets from one Specified Interest to Another Clause in Contracts

Reallocation of Specified Assets from one Specified Interest to Another. The Holders of the Series relating to any Specified Interest will, or will cause the related Servicer to, identify to the Titling Trust Administrator in accordance with Section 4.3(h) any related Specified Assets that have been or are to be reallocated to another existing Specified Interest, and provide to the Titling Trust Administrator the following information with respect to such Specified Assets:

Appears in 6 contracts

Samples: Titling Trust Agreement (Mercedes-Benz Vehicle Trust), Titling Trust Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Titling Trust Agreement (World Omni LT)

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Reallocation of Specified Assets from one Specified Interest to Another. The Holders of the Series relating to any Specified Interest will, or will cause the related Servicer to, identify to the Titling Trust Company Administrator in accordance with Section 4.3(h) any related Specified Assets that have been or are to be reallocated to another existing Specified Interest, and provide to the Titling Trust Company Administrator the following information with respect to such Specified Assets:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CAB West LLC), Limited Liability Company Agreement (CAB West LLC)

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