Common use of Custody of Lease Files Clause in Contracts

Custody of Lease Files. Simultaneously with the execution and delivery of this Agreement, COLT shall enter into the COLT Custodian Agreement with the COLT Custodian pursuant to which COLT shall revocably appoint the COLT Custodian, and the COLT Custodian shall accept such appointment, to act as the agent of COLT as COLT Custodian of the following documents or instruments, which shall be constructively delivered to COLT with respect to each Series 20 -SN Lease Asset on or prior to the Series 20 -SN Closing Date on behalf of the COLT 20 -SN Secured Noteholders:

Appears in 2 contracts

Samples: Servicing Agreement (Central Originating Lease Trust), Servicing Agreement (Central Originating Lease Trust)

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Custody of Lease Files. Simultaneously with the execution and delivery of this Agreement, COLT shall enter into the COLT Custodian Agreement with the COLT Custodian pursuant to which COLT shall revocably appoint the COLT Custodian, and the COLT Custodian shall accept such appointment, to act as the agent of COLT as COLT Custodian of the following documents or instruments, which shall be constructively delivered to COLT with respect to each Series 20 -SN 2005-SN1 Lease Asset on or prior to the Series 20 -SN Closing Date on behalf of the COLT 20 -SN 2005-SN1 Secured Noteholders:

Appears in 1 contract

Samples: Sn1 Servicing Agreement (Capital Auto Receivables Asset Trust 2005-Sn1)

Custody of Lease Files. Simultaneously with the execution and delivery of this Agreement, COLT shall enter into the COLT Custodian Agreement with the COLT Custodian pursuant to which COLT shall revocably appoint the COLT Custodian, and the COLT Custodian shall accept such appointment, to act as the agent of COLT as COLT Custodian of the following documents or instruments, which shall be constructively delivered to COLT with respect to each Series 20 -SN 200_-_ Lease Asset on or prior to the Series 20 -SN Closing Date on behalf of the COLT 20 -SN 200_-_ Secured Noteholders:

Appears in 1 contract

Samples: Colt Servicing Agreement (Central Originating Lease Trust)

Custody of Lease Files. Simultaneously with the execution and delivery of this Agreement, COLT shall enter into the COLT Custodian Agreement with the COLT Custodian pursuant to which COLT shall revocably appoint the COLT Custodian, and the COLT Custodian shall accept such appointment, to act as the agent of COLT as COLT Custodian of the following documents or instruments, which shall be constructively delivered to COLT with respect to each Series 20 -SN 2007-SN1 Lease Asset on or prior to the Series 20 -SN Closing Date on behalf of the COLT 20 -SN 2007-SN1 Secured Noteholders:

Appears in 1 contract

Samples: Sn1 Servicing Agreement (Capital Auto Receivables Asset Trust 2007-Sn1)

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Custody of Lease Files. Simultaneously with the execution and delivery of this Agreement, COLT shall enter into the COLT Custodian Agreement with the COLT Custodian pursuant to which COLT shall revocably appoint the COLT Custodian, and the COLT Custodian shall accept such appointment, to act as the agent of COLT as COLT Custodian of the following documents or instruments, which shall be constructively delivered to COLT with respect to each Series 20 -SN 200_-__ Lease Asset on or prior to the Series 20 -SN Closing Date on behalf of the COLT 20 -SN 200_-__ Secured Noteholders:

Appears in 1 contract

Samples: Servicing Agreement (Central Originating Lease Trust)

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