Examples of UTI Supplement in a sentence
The Titling Trustee has not engaged, is not currently engaged, and will not engage during the term of this Agreement in any other activity other than serving as Titling Trustee and in such ancillary activities as are necessary and proper in order to act as Titling Trustee in accordance with this Agreement, any SUBI Supplement or UTI Supplement, and any amendment thereto or any of the other documents relating to a Securitized Financing.
Except as otherwise provided for herein or in a UTI Supplement, all income and other amounts with respect to the UTI shall be distributed or retained by the Titling Trustee as directed from time to time by the UTI Beneficiary.
This UTI Supplement may be executed in any number of counterparts, each of which so executed and delivered shall be deemed to be an original, but all of which counterparts shall together constitute but one and the same instrument.
All amounts that are held in the UTI Collection Account shall be invested in Permitted Investments in accordance with Section 12.02 of this UTI Supplement until distributed or otherwise applied in accordance with the Titling Trust Agreement or this UTI Supplement.
In the event of any conflict between the provisions of this UTI Supplement and the Titling Trust Agreement with respect to the UTI and any UTI Assets, the provisions of this UTI Supplement shall prevail.
The Residual UTI Certificate, and each other UTI Certificate shall be in substantially the form of Exhibit C attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required by this UTI Supplement, and may have such letters, numbers or other marks of identification and such legends and endorsements placed thereon as may, consistently herewith and with the Titling Trust Agreement, be directed by the UTI Beneficiary.
Any such additional Certificates shall be issued pursuant to a UTI Supplement, which may specify any terms or conditions relevant to the issuance thereof.
All terms used in this UTI Supplement include, as appropriate, all genders and the plural as well as the singular.
As provided in the Titling Trust Agreement and the UTI Supplement, this UTI Certificate and the underlying interests represented hereby may not be transferred or assigned, and any purported transfer or assignment shall be null, void, and of no effect, except in accordance with the provisions of the Titling Trust Agreement and the UTI Supplement.
This Certificate is one of the duly authorized UTI Certificates issued under the Titling Trust Agreement, as supplemented by the UTI Supplement (the "UTI Supplement") dated and effective as of October 1, 1996, among the UTI Beneficiary, the Titling Trustee and, for certain limited purposes only set forth therein, the Trust Agent (the "UTI Certificates").