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.
However, if the open market price is higher than the option strike price, the farmer has the choice to allow the option contract to expire without exercising it.
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.
The Titling Company Administrator will not be liable for any interest on any such funds.
Notwithstanding any other provision of this Agreement, the Titling Company Administrator and the Board will not commence a voluntary proceeding in bankruptcy relating to the Company without the unanimous prior approval of all Holders and holders of Securities and the delivery by each such Person of a certificate certifying that such Person reasonably believes that the Company is insolvent.
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.
However, as set forth in Section 4.3(c)(i), the Holders may direct the Titling Company Administrator to deliver the related Specified Assets to such Holders or at their direction.