Related Beneficiary definition

Related Beneficiary means each of NILT Trust and ▇▇▇▇ II.
Related Beneficiary means BMW Auto Leasing LLC, and any successor thereto.
Related Beneficiary has the meaning set forth in the Titling Company Servicing Agreement.

Examples of Related Beneficiary in a sentence

  • Notwithstanding the foregoing, the SUBI Certificate and the interest in the SUBI evidenced thereby may be (i) transferred, assigned or pledged to any Special Purpose Affiliate or (ii) transferred, assigned or pledged by the Related Beneficiary or a Special Purpose Affiliate to or in favor of (A) a trustee for one or more trusts or (B) one or more other entities, in either case solely for the purpose of securing or otherwise facilitating one or more Securitized Financings.


More Definitions of Related Beneficiary

Related Beneficiary means, with respect to (i) the UTI, the UTI Beneficiary, and (ii) a SUBI, the Person or Persons designated as a Beneficiary of such SUBI in the related SUBI Supplement, in each case together with their permitted successors and assigns.
Related Beneficiary means, with respect to (i) the Unallocated Assets, the Member, and (ii) a Series, the Holder of the related Series Certificate, and each other Person or Persons designated as a Beneficiary of such Series in the related Series Supplement, in each case together with their permitted successors and assigns.
Related Beneficiary has the meaning set forth in the Origination Trust Agreement.
Related Beneficiary means each of Ryder Truck Rental II LP and Ryder Funding II LP.
Related Beneficiary means, with respect to each Financing Source designated pursuant to a Financing Source and Beneficiary Supplement, the Beneficiary designated as such in such Financing Source and Beneficiary Supplement.
Related Beneficiary or a "Registered Pledgee" of a SUBI Certificate to take any action shall be deemed to refer to the Trust acting at its own instigation or upon the instruction of the requisite voting percentage of holders of Securities or Rated Securities, as specified in the Indenture or the Trust Agreement, as applicable.
Related Beneficiary means a Relative of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ that is or was a beneficiary of a trust or family partnership established, or caused to be established, by him for estate planning purposes.