Company: UP
Filing Date: 2025-08-29
Form Type: 424B5
Source: 0001104659-25-085149
Chunk: 66

Company: Wheels Up Experience Inc.
Filing Date: 2025-08-29
Form: 424B5
Chunk 66
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 matters relating to the debt securities made through Euroclear or Clearstream must comply with the rules and procedures
of those systems. Transactions between participants in Euroclear or Clearstream, on one hand, and other participants in DTC, on the other
hand, would also be subject to DTC’s rules and procedures.

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Investors will be able to
make and receive through Euroclear and Clearstream payments, deliveries, transfers, exchanges, notices and other transactions involving
any securities held through those systems only on days when those systems are open for business. Those systems may not be open for business
on days when banks, brokers and other institutions are open for business in the United States.

In addition, because of
time-zone differences, U.S. investors who hold their interests in the debt securities through these systems and wish on a particular
day, to transfer their interests, or to receive or make a payment or delivery or exercise any other right with respect to their interests,
may find that the transaction will not be effected until the next business day in Luxembourg or Brussels, as applicable. Thus, investors
who wish to exercise rights that expire on a particular day may need to act before the expiration date. In addition, investors who hold
their interests through both DTC and Euroclear or Clearstream may need to make special arrangements to finance any purchase or sales
of their interests between the U.S. and European clearing systems, and those transactions may settle later than transactions within one
clearing system.

Other

The information in this
section of this prospectus concerning DTC, Euroclear, Clearstream and their respective book-entry systems has been obtained from sources
that we believe to be reliable, but we do not take responsibility for this information. The rules and procedures of DTC, Clearstream
and Euroclear are solely within the control of those organizations and could change at any time. You are urged to contact DTC, Euroclear,
Clearstream or their respective participants directly to discuss those matters. In addition, although we expect that DTC, Euroclear,
and Clearstream will perform the foregoing procedures, none of them is under any obligation to perform or continue to perform such procedures,
which may be discontinued at any time. None of us, the trustee or any of our agents will have any responsibility for the performance
or nonperformance by DTC, Euroclear, and Clearstream or their respective participants of these or any other rules or procedures
governing their respective operations.

Regarding the Trustee

The