Common use of Series Liability Clause in Contracts

Series Liability. 11 Section 14.8. No Petition: Release of Claims . . . . . . . . . . . . 11 Schedule I - Description of SUBI 1991B Assets and Obligors Exhibit A-1 - Form of Class X 1999-1B Sold SUBI Certificate Exhibit 2 - Form of Class Y 1999-1B Sold SUBI Certificate Exhibit B - Form of Reallocation Notice SOLD SUBI SUPPLEMENT 1999-1B TO ORIGINATION TRUST AGREEMENT THIS SOLD SUBI SUPPLEMENT 1999-1B TO ORIGINATION TRUST AGREEMENT (the "Sold SUBI Supplement") is dated and effective as of June 30, 1999, among RAVEN FUNDING LLC ("SPV" or, in its capacity as settlor, the "Settlor", or in its capacity as initial beneficiary, the "Initial Beneficiary"), PHH VEHICLE MANAGEMENT SERVICES LLC, a Delaware limited liability company, ("VMS"), as UTI Trustee (in such capacity, together with any successor or permitted assign, the "UTI Trustee") and as Servicer (in such capacity, together with any successor or permitted assign, the "Servicer") and WILMINGTON TRUST COMPANY, as Delaware Trustee (in such capacity, together with any successor or permitted assign, the "Delaware Trustee"), and as trustee with respect to the Sold SUBI (in such capacity, together with any successor or permitted assign, the "SUBI Trustee"; together with the UTI Trustee and the Delaware Trustee, the "Origination Trustees").

Series Liability. 11 14 Section 14.814.7. No Petition: Release of Claims Claims. . . . . . . . . . . . 11 . .15 Schedule I - Description of 1999-1A SUBI 1991B Assets and Obligors Exhibit A-1 A - Form of Class X 1999-1B Sold SUBI Certificate Exhibit 2 - Form of Class Y 1999-1B 1A Sold SUBI Certificate Exhibit B - Form of Reallocation Notice Assignment Agreement Exhibit C - Form of Officer's Certificate SOLD SUBI SUPPLEMENT 1999-1B 1A TO ORIGINATION TRUST AGREEMENT THIS SOLD SUBI SUPPLEMENT 1999-1B 1A TO ORIGINATION TRUST AGREEMENT (the "1999-1A Sold SUBI Supplement") is dated and effective as of June 30, 1999, among RAVEN FUNDING LLC ("SPV" or, in its capacity as settlor, the "Settlor", or in its capacity as initial beneficiary, the "Initial Beneficiary"), PHH VEHICLE MANAGEMENT SERVICES LLC, a Delaware limited liability company, company ("VMS"), as UTI Trustee (in such capacity, together with any successor or permitted assign, the "UTI Trustee") and as Servicer (in such capacity, together with any successor or permitted assign, the "Servicer") and WILMINGTON TRUST COMPANY, as Delaware Trustee (in such capacity, together with any successor or permitted assign, the "Delaware Trustee"), and as trustee with respect to the 1999-1A Sold SUBI (in such capacity, together with any successor or permitted assign, the "SUBI Trustee"; together with the UTI Trustee and the Delaware Trustee, the "Origination Trustees").