Company: UP
Filing Date: 2025-08-29
Form Type: 424B5
Source: 0001104659-25-085149
Chunk: 54

Company: Wheels Up Experience Inc.
Filing Date: 2025-08-29
Form: 424B5
Chunk 54
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ars on the interest
payment dates set forth in the applicable prospectus supplement or free writing prospectus and as otherwise described below and at maturity
or, if earlier, the redemption date described below. Interest will be payable to the holder of record of the debt securities at the close
of business on the record date for each interest payment date, which record dates will be specified in such prospectus supplement or
free writing prospectus.

If any date of payment of
interest on or principal of a debt security, or any date fixed for redemption or repayment of such debt security, falls on a date that
is not a business day, then payment of interest or principal and premium, if any, may be made on the next succeeding business day with
the same force and effect as if made on the date of payment or the date fixed for redemption, and no interest shall accrue for the period
after such date. As used in the indenture, the term “business day” means, with respect to debt securities of a series, unless
otherwise specified in the applicable prospectus supplement or free writing prospectus, any day, other than a Saturday or Sunday, that
is not a day on which banking institutions are authorized or obligated by law or executive order to close in the place where the principal
of and premium, if any, and interest on the debt securities are payable.

Payment and Transfer or Exchange

Principal of and premium,
if any, and interest on the debt securities of each series will be payable, and the debt securities may be exchanged or transferred,
at the office or agency maintained by us in the continental United States for such purpose. Payment of principal of and premium, if any,
and interest on a global security registered in the name of or held by The Depository Trust Company (“DTC”), or its nominee
will be made in immediately available funds to DTC or its nominee, as the case may be, as the registered holder of such global security.
If any of the debt securities is no longer represented by a global security, payment of interest on certificated debt securities in definitive
form may, at our option, be made by check mailed directly to holders at their registered addresses. See “—Book-Entry; Delivery and Form; Global Securities.”

A holder may transfer or
exchange any certificated debt securities in definitive form at the same location given in the preceding paragraph. No service charge
will be made for any exchange or registration of transfer of debt securities, but we may require payment of a sum