Examples of Titling Trust in a sentence
Each party hereto acknowledges and agrees (and each holder or pledgee of the 2024-A Exchange Note, by virtue of its acceptance of such Exchange Note or pledge thereof acknowledges and agrees) that (i) the Specified Interest is a separate series of the Titling Trust as provided in Section 3806(b)(2) of Chapter 38 of Title 12 of the Delaware Code, 12 Del.
The Titling Trust has good and marketable title to such 2024-A Lease and 2024-A Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 2024-A Vehicle.
Neither the 2024-A Lease nor the 2024-A Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust.
Amounts due on the 2024-A Exchange Note shall be paid from collections on the Titling Trust Assets allocated to the 2024-A Reference Pool as of the close of business on March 31, 2024 (the "2024-A Cutoff Date").
Neither the 2024-A Exchange Noteholder or any party to this 2024-A Exchange Note Supplement will elect or permit an election to be made to treat the Titling Trust or any Specified Interest as an association taxable as a corporation for U.S. federal income tax purposes pursuant to Treasury Regulation Section 301.7701-3.