Transaction SUBI Supplement definition
Examples of Transaction SUBI Supplement in a sentence
This Transaction SUBI Supplement has been duly executed and delivered by the Origination Trustee, and this Transaction SUBI Supplement and the Origination Trust Agreement are legal, valid and binding instruments enforceable against the Origination Trustee in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency and other similar laws relating to the enforcement of creditors’ rights generally and to general principles of equity.
The Servicer, however, shall not be obligated to add as an addressee or reliance party with respect to any report described above any Person who does not comply with or agree to the required 8 Transaction SUBI Supplement to Servicing Agreement (PILOT 20[ ]-[ ]) procedures of such firm of independent certified public accountants, including but not limited to execution of engagement letters or access letters regarding such reports.
In the event of any conflict between the provisions of this Transaction SUBI Supplement and the Origination Trust Agreement with respect to the Transaction SUBI, the provisions of this Transaction SUBI Supplement shall prevail.
This Transaction SUBI Servicing Supplement shall terminate upon of the termination of the Transaction SUBI Supplement.
Concurrently herewith, pursuant to the Transaction SUBI Supplement, the Seller shall direct the Origination Trustee and the Servicer to identify from the Origination Trust Assets allocable to the UTI Portfolio, and to allocate to the Transaction SUBI Portfolio represented by the Transaction SUBI Certificate, the Transaction SUBI Assets identified in Section 11.1 of the Transaction SUBI Supplement.
The term “electronic signature” shall mean any electronic symbol or 15 Transaction SUBI Supplement to Servicing Agreement (PILOT 20[ ]-[ ]) process attached to, or associated with, a contract or other record and adopted by a person with the intent to sign, authenticate or accept such contract or record.
The Owner Trustee and the Indenture Trustee may, but shall not be obligated to, enter into or execute on behalf of the Issuer any such amendment which adversely affects the Owner Trustee’s or the Indenture 11 Transaction SUBI Supplement to Servicing Agreement (PILOT 20[ ]-[ ]) Trustee’s, as applicable, own rights, duties, protections, indemnities or immunities under this Transaction SUBI Servicing Supplement.
For all purposes of this Transaction SUBI Servicing Supplement, except as otherwise expressly provided or unless the context otherwise requires, unless otherwise defined herein, all capitalized terms used herein shall have the meanings attributed to them (a) in Appendix A of the SUBI Sale Agreement, (b) if not defined therein, by the Origination Servicing Agreement, (c) if not defined therein, by the Origination Trust Agreement or (d) if not defined therein, by the Transaction SUBI Supplement.
The Transaction Documents contain a final and complete integration of all prior expressions by the parties hereto with respect to the subject matter thereof and shall constitute the entire agreement among the parties hereto with respect to the 12 Transaction SUBI Supplement to Servicing Agreement (PILOT 20[ ]-[ ]) subject matter thereof, superseding all prior oral or written understandings.
The Origination Trustee has full power, authority and right to execute, deliver and perform this Transaction SUBI Supplement and has taken all necessary action to authorize the execution, delivery and performance by it of this Transaction SUBI Supplement.