Titling Company Registrar definition
Examples of Titling Company Registrar in a sentence
The Titling Company Registrar and the Indenture Trustee may, but shall not be obligated to, enter into any such amendment that affects the Titling Company Registrar’s or the Indenture Trustee’s own rights, duties, liabilities or immunities under this Agreement or otherwise.
Such successor Servicer shall be approved by the Titling Company Registrar, such approval not to be unreasonably withheld.
Notwithstanding anything to the contrary herein or in any Basic Document, neither the Owner Trustee, the Indenture Trustee, nor the Titling Company Registrar shall be required to execute, deliver or certify on behalf of the Issuing Entity or any other person any filings, certificates, affidavits or other instruments required under the Xxxxxxxx-Xxxxx Act of 2002, to the extent permitted by applicable law.
No later than 10 Business Days after the execution of any amendment to this 2025-A Servicing Supplement, the Servicer shall furnish a copy of such amendment to each Rating Agency, the Trust Certificateholder, Titling Company Registrar, the Indenture Trustee and the Owner Trustee.
In the event that the Servicer is removed as servicer with respect to servicing the 2025-A Series Assets, subject to the consent of the Titling Company Registrar, the Required Related Holders shall appoint a successor Servicer.
The Servicer shall, however, account to the Issuing Entity, the Administrator, the Titling Company Registrar, the Indenture Trustee (or any successor to the duties of the Indenture Trustee), the Owner Trustee and the Holders of the Securities as if all of the deposits and distributions described herein were made individually.
When the Rating Agency Condition is satisfied with respect to such amendment, the Servicer shall deliver to a Responsible Officer of the Titling Company Registrar and the Indenture Trustee an Officer’s Certificate to that effect, and the Titling Company Registrar and the Indenture Trustee may conclusively rely upon the Officer’s Certificate from the Servicer that a Rating Agency Condition has been satisfied with respect to such amendment.
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 Administrator, the Titling Company Registrar and the Depositor, a Payment Date Certificate, substantially in the form as set forth in Exhibit A hereto for the immediately preceding Collection Period.
The Titling Company Registrar, acting on the direction of the Required Related Holders, may waive any default of the Servicer in the performance of its obligations under the Servicing Agreement and its consequences with respect to the 2025-A Series and, upon any such waiver, such default shall cease to exist and any Servicer Default arising therefrom shall be deemed to have been remedied for every purpose of the Servicing Agreement.
The successor Servicer shall accept its appointment by a written assumption in a form acceptable to the Titling Company Registrar.