Common use of Assignment to Trustee Clause in Contracts

Assignment to Trustee. It is understood that this Sales and Servicing Agreement and all rights of the Company hereunder will be assigned by the Company to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Seller and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Appears in 4 contracts

Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X)

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Assignment to Trustee. It is understood that this Sales Assignment and Servicing Agreement and all rights of the Company Issuer hereunder will be assigned by the Company Issuer to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Seller Transferor and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Appears in 3 contracts

Samples: Assignment and Servicing Agreement (Copelco Capital Funding LLC 99-B), Assignment and Servicing Agreement (Copelco Capital Funding LLC 99-1), Assignment and Servicing Agreement (Copelco Capital Funding LLC 2000-A)

Assignment to Trustee. It is understood that this Sales Transferor Contribution and Servicing Sale Agreement and all rights of the Company Issuer hereunder will be assigned by the Company Issuer to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Seller and the Servicer The Transferor hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Appears in 2 contracts

Samples: Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC), Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC)

Assignment to Trustee. It is understood that this Sales and Servicing Agreement and all rights of the Company Issuer hereunder will be assigned by the Company Issuer to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Seller and the The Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Appears in 2 contracts

Samples: Servicing Agreement (Charter Equipment Lease 1998-1 LLC), Servicing Agreement (Charter Equipment Lease 1998-1 LLC)

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Assignment to Trustee. It is understood that this Sales Assignment and Servicing Agreement and all rights of the Company Issuer hereunder will be assigned by the Company Issuer to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Originator, the Seller and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Appears in 1 contract

Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)

Assignment to Trustee. It is understood that this Sales and Servicing Agreement and all rights of the Company Trust hereunder will be assigned by the Company Trust to the Trustee pursuant to the Indenture, for the benefit of the Trustee, the holders from time to time of the Notes as provided in the Indenture, and may be subsequently assigned by the Trustee to any successor Trustee or as otherwise provided in the Indenture. Each of the Seller and the Servicer hereby expressly agrees to each such assignment and agrees that all of its duties, obligations, representations and warranties hereunder shall be for the benefit of, and may be enforced by, the Trustee, the holders from time to time of the Notes, and any successor to or assignee of any thereof.

Appears in 1 contract

Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp Xi)

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