SUBI Holder definition

SUBI Holder. With respect to any SUBI Certificate pledged under the Indenture, the related SUBI Holder (as such term is defined in Section 4.2(b) of the Trust Agreement).
SUBI Holder shall have the meaning set forth in Section 4.2(b).

Examples of SUBI Holder in a sentence

  • By execution of this Amendment, the Borrower, as Warehouse SUBI Holder (as such term is defined in the Warehouse SUBI Servicing Agreement), the Administrative Agent and the Lenders hereby consent to Amendment No. 1 to LML 2018 Warehouse SUBI Servicing Agreement, dated the date hereof, among Tesla Lease Trust, TFL, as Servicer, and Xxxxx Fargo Bank, National Association, as Back-Up Servicer.

  • The Delaware Trustee hereby identifies and allocates as SUBI Assets the 2007-B SUBI Assets (to be held by the Trust as agent and nominee of the 2007-B SUBI Holder) as belonging to the 2007-B SUBI Portfolio.

  • The Custodian may not delegate any of its duties hereunder without the prior written consent of the SUBI Trustee, the 2007-B SUBI Holder and the SUBI Control Party, which consent shall not be unreasonably withheld; provided, however, that the Custodian may delegate its duties as custodian hereunder to U.S. Bank National Association (or any of its affiliates or any successor thereto).

  • Upon reasonable prior notice to the Custodian, the Registered Pledgee of the 2007-B SUBI Certificate, the 2007-B SUBI Holder or any SUBI Control Party may request, and the Custodian shall promptly provide to such requesting party, at the cost and expense of such requesting party, copies of any 2007-B Contract, Certificate of Title and of any other documents in the Lease Files.

  • Notwithstanding Section 9.1 of the Trust Agreement, the Trust Agreement, as supplemented by this Supplement, to the extent that it relates to the 2007-B SUBI and the 2007-B SUBI Portfolio, may be amended from time to time only in a writing signed by the Trustee and the Settlor, with the prior written consent of each SUBI Control Party, 2007-B SUBI Holder and each Registered Pledgee of a 2007-B SUBI Certificate.

  • Upon receipt of a written request from any of the following, the Delaware Trustee shall deliver a copy of the Master List to the Initial Beneficiary, any Trustee, any UTI Holder, any SUBI Holder, any Registered Pledgee, or any SUBI Control Party.

  • The Custodian shall promptly notify the Registered Pledgee, the 2007-B SUBI Holder, the SUBI Control Party and the SUBI Trustee of any material breach of its obligations hereunder of which the Custodian has actual knowledge and shall promptly take appropriate action to remedy any such failure.

  • If the Person specified by the SUBI Control Party and, if acting together, the 2007-B SUBI Holder shall not have taken custody of the Lease Files and no successor Custodian shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Custodian may petition any court of competent jurisdiction for the appointment of a successor Custodian.

  • Upon discovery by the Custodian of a defect with respect to a Lease File, the Custodian shall give prompt written notice specifying such defect to the SUBI Trustee, the 2007-B SUBI Holder and each SUBI Control Party.

  • The Custodian shall hold the 2007-B Contracts, the Certificates of Title and the Lease Files, including any amendment, replacement or supplement thereto, in an industry standard fire-resistant location as bailee on behalf of the Registered Pledgee of the 2007-B SUBI Certificate, each SUBI Control Party and the 2007-B SUBI Holder.

Related to SUBI Holder

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

  • SUBI has the meaning set forth in the Recitals.

  • Initial Holder has the meaning set forth in the preamble.

  • Class A Shareholder means a holder of Class A Shares;

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Controlling Noteholder means as of any date of determination the holder or holders of a majority of the Lead Securitization Note. At any time the Lead Securitization Note is the Controlling Noteholder and is included in the Lead Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority of the class of securities issued in the Lead Securitization designated as the “controlling class” (or such lesser amount as permitted under the terms of the Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” hereunder, as and to the extent provided in the Servicing Agreement.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

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

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Controlling Note Holder herein shall mean the holders of the majority of the class of securities issued in such Securitization designated as the “controlling class” or any other party that is assigned the rights to exercise the rights of the “Controlling Note Holder” hereunder, as and to the extent provided in the related Securitization Servicing Agreement; provided that for so long as 50% or more of the Controlling Note is held by (or the party assigned the rights to exercise the rights of the “Controlling Note Holder” (as described above) is) the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, the Controlling Note (and such party assigned the rights to exercise the rights of the “Controlling Note Holder” as described above) shall not be entitled to exercise any rights of the Controlling Note Holder, and there shall be deemed to be no Controlling Note Holder hereunder. If the Controlling Note is included in a Securitization, the related Securitization Servicing Agreement may contain additional limitations on the rights of the designated party entitled to exercise the rights of the “Controlling Note Holder” hereunder if such designated party is the Mortgage Loan Borrower or if it has certain relationships with the Mortgage Loan Borrower.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

  • Note A Holder means with regards to any A Note, the related Initial Note Holder or any subsequent holder of such A Note, as applicable.

  • Certificateholder or Holder The person in whose name a Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or any affiliate of the Depositor shall be deemed not to be Outstanding and the Percentage Interest evidenced thereby shall not be taken into account in determining whether the requisite amount of Percentage Interests necessary to effect such consent has been obtained; provided, however, that if any such Person (including the Depositor) owns 100% of the Percentage Interests evidenced by a Class of Certificates, such Certificates shall be deemed to be Outstanding for purposes of any provision hereof that requires the consent of the Holders of Certificates of a particular Class as a condition to the taking of any action hereunder. The Trustee is entitled to rely conclusively on a certification of the Depositor or any affiliate of the Depositor in determining which Certificates are registered in the name of an affiliate of the Depositor.

  • Preferred Shareholder means any holder of Preferred Shares.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of October 11, 2023, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • or "Holder The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the NIMS Insurer may conclusively rely upon a certificate of the Depositor or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to "Holders" or "Certificateholders" shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee and the NIMS Insurer shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Controlling Shareholder means any shareholder owning more than fifty