Common use of Custody of Lease Files Clause in Contracts

Custody of Lease Files. In connection with the sale, transfer and assignment of the Sold Assets to COLT pursuant to this Agreement and the COLT 2005-SN1 Lease Assets Assignment, COLT, simultaneously with the execution and delivery of this Agreement, 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 2005-SN1 Lease Asset:

Custody of Lease Files. In connection with the sale, transfer and assignment of the Sold Assets to COLT pursuant to this Agreement and the COLT 2005-SN1 20__-SN_ Lease Assets Assignment, COLT, simultaneously with the execution and delivery of this Agreement, 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 2005-SN1 20__-SN_ Lease Asset:

Custody of Lease Files. In connection with the sale, transfer and assignment of the Sold Series 200_-__ Lease Assets to COLT pursuant to this Agreement and the COLT 2005-SN1 200_-__ Lease Assets Assignment, COLT, simultaneously with the execution and delivery of this Agreement, 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 2005-SN1 200_-__ Lease Asset:

Custody of Lease Files. In connection with the sale, transfer and assignment of the Sold Assets to COLT pursuant to this Agreement and the COLT 20052007-SN1 Lease Assets Assignment, COLT, simultaneously with the execution and delivery of this Agreement, 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 20052007-SN1 Lease Asset: