Examples of Titling Company Administrator in a sentence
The Indenture Administrator may from time to time provide notice to the Owner Trustee, the Indenture Trustee, the Titling Companies, the Titling Company Administrator, the Servicer, the Holding Companies and the Depositor specifying the individuals who are authorized to act as a “Responsible Person” with respect to the Indenture Administrator.
The Indenture Administrator may from time to time provide notice to the Owner Trustee, the Indenture Trustee, the Titling Companies, the Titling Company Administrator, the Servicer, the Holding Companies and the Depositor specifying the individuals who are authorized to act as a “Responsible Person” of the Indenture Administrator.
The Servicer may from time to time designate the individuals who are authorized to act as a “Responsible Person” with respect to the Servicer pursuant to an Officer’s Certificate distributed to the Owner Trustee, the Indenture Trustee, the Titling Companies, the Titling Company Administrator, the Holding Companies and the Depositor.
The Indenture Administrator may from time to time designate the individuals who are authorized to act as a “Responsible Person” with respect to the Indenture Administrator pursuant to an Officer’s Certificate distributed to the Owner Trustee, the Indenture Trustee, the Titling Companies, the Titling Company Administrator, the Servicer, the Holding Companies and the Depositor.
The Titling Company Administrator and the Titling Company Registrar will perform such duties, and only such duties, as are specifically set forth in this Agreement.
Notwithstanding the foregoing, the interests of the Member hereunder will not be assigned, pledged, or otherwise transferred unless an Opinion of Counsel, delivered to the Titling Company Administrator, is rendered that such assignment, pledge or other transfer will not cause the Company to be classified as an association (or publicly traded partnership) taxable as a corporation for U.S. federal income tax purposes.
If any such item is found on its face not to conform to the requirements of this Agreement in a material manner, the Titling Company Administrator will take such action as it deems appropriate to have the item corrected by the related Servicer, and if the item is not corrected to the Titling Company Administrator’s reasonable satisfaction by the related Servicer, the Titling Company Administrator will provide notice thereof to the Board and to the applicable Holders.
The Titling Company Administrator will make all books and records maintained by the Titling Company Administrator with respect to the Company and the Titling Company Assets available to the Titling Company Registrar for inspection, but only upon reasonable notice and during the normal business hours of the respective offices of the Titling Company Administrator.
In the absence of bad faith, gross negligence or willful misconduct on its part, each of the Titling Company Administrator and the Titling Company Registrar may conclusively rely upon certificates or opinions furnished to the Titling Company Administrator or the Titling Company Registrar, as the case may be, and conforming to the requirements of this Agreement in determining the truth of the statements and the correctness of the opinions contained therein.
Subject to Section 4.3, the Titling Company Administrator is not required to segregate funds received under this Agreement in any manner except to the extent required by Applicable Law and the related Servicing Agreement and may deposit such funds under such general conditions as may be prescribed by Applicable Law.