Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.
Initial Beneficiary means VCI, as initial beneficiary under the Origination Trust Agreement and its permitted successors and assigns.
Initial Beneficiary has the meaning given to such term in the Trust Agreement.
Examples of Initial Beneficiary in a sentence
Neither the Servicer (on behalf of the Depositor or the Initial Beneficiary, as applicable) nor the Depositor shall cause any such reassignment (or reallocation, as applicable) to occur on any Loan Action Date unless: (x) (i) no Reinvestment Criteria Event is outstanding and (ii) the reassignment of such Loans constitutes a Permitted Reassignment, in each case, after giving effect to all Loan Actions that occur on such Loan Action Date and (y) the Reassignment Price shall have been paid as described above.
More Definitions of Initial Beneficiary
Initial Beneficiary has the meaning set forth in the Recitals.
Initial Beneficiary means GECTHC, in its capacity as the initial beneficiary of the Titling Trust.
Initial Beneficiary means each of the Stockholders.
Initial Beneficiary shall have the meaning specified in the North Carolina Trust Agreement.
Initial Beneficiary shall have the meaning set forth in the Preamble.
Initial Beneficiary. As defined in the Titling Trust Agreement.