Related Beneficiary definition

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

  • On the tenth calendar day of each month (or, if the 10th day is not a Business Day, the next succeeding Business Day), the Servicer shall furnish to the Titling Trustee and each Related Beneficiary a Settlement Statement, substantially in the form as set forth in Exhibit A hereto for the immediately preceding Collection Period.

  • Notwithstanding the foregoing, any 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.

  • Such accounts, records and computer systems shall indicate, among other things, the Pool to which each Lease Agreement, Leased Vehicle or other Trust Asset is allocated and reflect the interest of the Settlor or the Related Beneficiary, as applicable, therein.

  • On the tenth calendar day of each month (or, if the 10th day is not a Business Day, the next succeeding Business Day), the Servicer shall furnish to the Titling Trustee and each Related Beneficiary a Payment Date Certificate, substantially in the form as set forth in Exhibit A hereto for the immediately preceding Collection Period.


More Definitions of Related Beneficiary

Related Beneficiary means, with respect to (i) the UTI, the UTI Beneficiaries 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.
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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.
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Related Beneficiary means each of NILT Trust and XXXX II. 24 (NALT 2017-B Agreement of Definitions)
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Related Beneficiary has the meaning set forth in the Origination Trust Agreement.
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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 or, if no Beneficiary is designated, such Financing Source.
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Related Beneficiary means each of Ryder Truck Rental II LP and Ryder Funding II LP.
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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.
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