SUBI definition

SUBI has the meaning set forth in the Recitals.

SUBI means a special unit of beneficial interest in the Titling Trust.

SUBI has the meaning set forth in the Recitals to the 2016-B SUBI Supplement.

Examples of SUBI in a sentence

• The Depositor, each Subservicer (with respect to the Loans being subserviced by it) and the Servicer shall indicate generally in their computer files or other records that the Loans have been conveyed to the Issuer pursuant to the terms of this Agreement and the 2024-1A SUBI Supplement.

• The Issuer intends to grant a security interest in those loans and in the 2024-1A SUBI Certificate to the Indenture Trustee pursuant to the Indenture.

• Under this Agreement, the Depositor will sell, from time to time, to the Issuer certain consumer loans and on the Closing Date, the 2024-1A SUBI Certificate.

• The designation of a Loan or 2024-1A SUBI Loan as an Excluded Loan shall be effected by the delivery by the Depositor (or the Servicer on its behalf) to the Issuer and the Indenture Trustee on or before the Monthly Determination Date relating to applicable Loan Action Date of a report identifying each such expected Loan (by loan number and Seller and Subservicer) as an Excluded Loan.

• The Issuer further acknowledges that, prior to or simultaneously with the execution and delivery of this Agreement, the Depositor delivered to it a Loan Schedule relating to the Initial Loans (other than the 2024-1A SUBI Loans).

More Definitions of SUBI

SUBI means a special unit of beneficial interest in the Origination Trust.

SUBI has the meaning given to such term in the Trust Agreement.

SUBI means any portfolio of Titling Trust Assets allocated to the Series 2013-1 SUBI or any Other SUBI.

SUBI shall be deemed to refer more specifically to the Series 2013-2 SUBI;

SUBI means special unit of beneficial interest.

SUBI shall have the meaning set forth in Section 4.2(a).

SUBI has the meaning set forth in Section 3.01(a).