Examples of Lease SUBI in a sentence
For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2003-2 for each Series 2003-2 Interest Period shall equal the average Series 2003-2 Invested Percentage during such Series 2003-2 Interest Period.
Simultaneously with any Repurchase Payment with respect to a Transferred Asset, such Transferred Asset shall immediately and automatically be sold, assigned, transferred and conveyed by the Issuer to SPV without any further action by the Issuer or any other Person and SPV shall cause the UTI Trustee to reallocate such Transferred Asset from the Lease SUBI Portfolio.
On each date following the Initial Closing Date when a Lease SUBI Allocation Event occurs, subject to the satisfaction of the terms and conditions set forth herein, SPV shall sell, assign, transfer, set over and otherwise convey to the Issuer all of SPV's right, title and interest in, to and under the Additional Transferred Assets, by executing and delivering to the Issuer an assignment, substantially in the form of Exhibit B (an "Additional Assignment").
For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2006-2 for each Monthly Period shall equal the average Series 2006-2 Invested Percentage during such Monthly Period.
By acquiring a Series 2001-1 Investor Note or an interest therein, each Series 2001-1 Investor Noteholder and each Series 2001-1 Investor Note Owner and the Issuer hereby represents, warrants and covenants that (a) each of the Lease SUBI and the Fleet Receivable SUBI is a separate series of the Origination Trust as provided in Section 3806(b)(2) of Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. ss.
In connection with an Optional Purchase, the Senior Notes shall be redeemed on the Redemption Date in whole, but not in part, for the Redemption Price and thereupon the pledge of the 99% 1999-A Lease SUBI shall be discharged and released and the 99% 1999-A Lease SUBI Certificate shall be returned to the Issuer.
The Lease SUBI Supplement, as amended and supplemented by this Amendment No. 1, is in all respects ratified and confirmed, shall continue to be in full force and effect, and shall be read, taken and construed as one and the same instrument.
By acquiring a Series 2002-1 Investor Note or an interest therein, each Series 2002-1 Investor Noteholder and each Series 2002-1 Investor Note Owner and the Issuer hereby represents, warrants and covenants that (a) each of the Lease SUBI and the Fleet Receivable SUBI is a separate series of the Origination Trust as provided in Section 3806(b)(2) of Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. ss.
On the Closing Date, the Issuer shall deliver or cause to be delivered to the Indenture Trustee as security for its obligations hereunder, the 99% 1999-A Vehicle SUBI Certificate and the pledged 99% 1999-A Lease SUBI Certificate.
For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2010-1 for each Monthly Period shall equal the average Series 2010-1 Invested Percentage during such Monthly Period.