Lease SUBI Certificate definition

Lease SUBI Certificate means the certificate of beneficial ownership, representing beneficial ownership in the Sold Units allocated to the Lease SUBI Portfolio issued pursuant to the Lease SUBI Supplement.
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Examples of Lease SUBI Certificate in a sentence

  • 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.

  • Notwithstanding anything to the contrary contained in this Administration Supplement, for so long as Ryder is the Administrative Agent, the Administrative Agent shall be permitted to deposit into the 1999-A SUBI Collection Account only the net amount distributable to the Issuer, as holder of the 99% 1999-A Vehicle SUBI Certificate and pledgee of the 99% 1999-A Lease SUBI Certificate, on the related Deposit Date.

  • Delivery of 99% 2001-A Vehicle SUBI Certificate and the 99% 2001-A Lease SUBI Certificate.

  • 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.

  • On the Closing Date, the Issuer shall deliver or cause to be delivered to the Indenture Trustee as security for its obligations hereunder, the 2000-A Vehicle SUBI Certificate and the pledged 2000-A Lease SUBI Certificate.

  • 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 2000-A Lease SUBI shall be discharged and released and the 2000-A Lease SUBI Certificate shall be returned to the Issuer.

  • In connection with an Optional Purchase, the Senior Notes will be redeemed on such Payment Date in whole, but not in part, for the Redemption Price and thereupon the pledge of the 2000-A Lease SUBI shall be discharged and released and the 2000-A Lease SUBI Certificate shall be returned to the Transferor.

  • In order to secure payment by the Program Lessee of the Lease Payments required pursuant to Section 3.02, the Program Lessee hereby pledges and assigns to the Program Lessor and grants to the Program Lessor a security interest in, all of Program Lessee's right, title and interest in and to the 2000-A Lease SUBI Certificate, together with all rights appurtenant thereto and proceeds thereof.

  • The Transferor has caused the Trustee to deliver the 99% 2001-A Lease SUBI Certificate to the Indenture Trustee, as Registered Pledgee.

  • In order to secure payment by the Program Lessee of the Lease Payments required pursuant to Section 3.02, the Program Lessee hereby pledges and assigns to the Program Lessor and grants to the Program Lessor a security interest in, all of Program Lessee's right, title and interest in and to the 99% 1999-A Lease SUBI Certificate, together with all rights appurtenant thereto and proceeds thereof.

Related to Lease SUBI Certificate

  • SUBI Certificate has the meaning set forth in Section 3.02(a) of the Titling Trust Agreement.

  • SUBI has the meaning set forth in the Recitals.

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • COFI Certificates As specified in the Preliminary Statement.

  • REMIC II Certificate Any Regular Certificate or Class R Certificate.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • SUBI Collections has the meaning set forth in the Indenture.

  • Transferor Certificate As defined in Section 5.02(b).

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

  • REMIC III Certificate Any Regular Certificate or Class R Certificate.

  • REMIC III Certificateholder The Holder of any REMIC III Certificate.

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • SUBI Assets means the Leases, the SUBI Equipment and any related assets allocated to the Series 2014-1 SUBI.

  • REMIC I Certificates The Class R-I Certificates.

  • Class R-III Certificate Any one of the Class R-III Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC III for purposes of the REMIC Provisions.

  • REMIC II Certificates The REMIC II Regular Certificates and the Class R-II Certificates.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Trust Property means any and all property, real or personal, tangible or intangible, that is from time to time owned or held by or for the account of the Trust; and

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

  • Residual Certificates As specified in the Preliminary Statement.

  • REMIC III CERTIFICATES has the meaning set forth in the final paragraph of the Preliminary Statement hereto.

  • Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of this Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).