Common use of Defeasance Collateral Clause in Contracts

Defeasance Collateral. The Indenture Trustee hereby acknowledges its acceptance of such conveyance and its receipt of the Class A(2023-1) Defeasance Collateral, and the Indenture Trustee shall retain exclusive control or possession of the Class A(2023-1) Defeasance Collateral in accordance with this Agreement.

Defeasance Collateral. The Indenture Trustee hereby acknowledges its acceptance of such conveyance and its receipt of the Class A(2023-12) Defeasance Collateral, and the Indenture Trustee shall retain exclusive control or possession of the Class A(2023-12) Defeasance Collateral in accordance with this Agreement.