Company: UP
Filing Date: 2025-08-29
Form Type: 424B5
Source: 0001104659-25-085149
Chunk: 86

Company: Wheels Up Experience Inc.
Filing Date: 2025-08-29
Form: 424B5
Chunk 86
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 responsibility for the payment or notice even if that holder is required, under agreements
with depositary participants or customers or by law, to pass it along to the indirect holders but does not do so. Whether and how the
holders contact the indirect holders is up to the holders.

Special Considerations for Indirect Holders

If
you hold securities through a bank, broker or other financial institution, either in book-entry form or in street name, you should check
with your own institution to find out:

| · | how                                         
 it handles securities payments and notices; |

| · | whether                     
 it imposes fees or charges; |

| 32 |

| · | how                                                                   
 it would handle a request for the holders’ consent, if ever required; |

| · | whether                                                                                   
 and how you can instruct it to send you securities registered in your own name so you can 
 be a holder, if that is permitted in the future;                                          |

| · | how                                                                                             
 it would exercise rights under the securities if there were a default or other event triggering 
 the need for holders to act to protect their interests; and                                     |

| · | if                                                                               
 the securities are in book-entry form, how the depositary’s rules and procedures 
 will affect these matters.                                                       |

Global Securities

A
global security is a security held by a depositary that represents one or any other number of individual securities. Generally, all securities
represented by the same global securities will have the same terms.

Each
security issued in book-entry form will be represented by a global security that we deposit with and register in the name of a financial
institution or its nominee that we select. The financial institution that we select for this purpose is called the depositary. Unless
we specify otherwise in a particular accompanying prospectus supplement, DTC, will be the depositary for all securities issued in book-entry
form.

A
global security may not be transferred to or registered in the name of anyone other than the depositary, its nominee or a successor depositary,
unless special termination situations arise. We describe those situations below under “—Special Situations When a Global Security Will Be Terminated.” As a result of these arrangements, the depositary, or its nominee, will be the sole registered
owner and holder of all securities represented by a global security, and investors will be permitted to own only beneficial interests
in a global security. Beneficial interests must be held by means of an account with a broker, bank or other financial institution that